A number of measures outlined in last week's budget
announcement help ensure that Hong Kong remains an attractive hub
for business investment in the region.
Small businesses, multinational companies, fund management and
leasing (aviation and shipping) sectors will be the key
beneficiaries over the upcoming years, based on a number of
initiatives outlined, as follows:
- Reduce Profits / Salaries tax for the
year 2018/19 by 75% (subject to a ceiling of HKD20,000 per case)
and waive Business Registration (BR) fee for 2019/20
- Enhance tax measures on corporate
treasury centres regime to strengthen Hong Kong's
competitiveness
- Develop Hong Kong as a ship leasing
centre in the Asia Pacific region (alongside aviation leasing)