China expands the scope of preferential income tax treatment and VAT policies for small-scale tax payers. Hong Kong is to raise its minimum wage hourly
Mainland China is to further expand cross-border RMB use and introduces new measures to facilitate handling of tax matters. Hong Kong introduces major amendments to its copyright regime and pilots the FintechHK Community Platform.
Hong Kong scraps all restrictions on international arrivals as well as on-arrival PCR testing and vaccine pass requirements. Shanghai to explore adoption of digital RMB for payment of taxes and fees.
The Shanghai Municipal People’s Government promulgated a set of provisions to encourage multinational companies to establish regional headquarters in the city.
In addition, the implementation of the customs guarantee-free policy for eligible Hong Kong and Macao private cars travelling to Guangdong Province via the Hong Kong-Zhuhai-Macao Bridge has recently been announced.
Hong Kong poised to become a health tech hub in Greater Bay Area: since 2018, more than 100 healthcare enterprises have listed in Hong Kong, raising over HKD 100 billion. New digital transformation guidelines for SMEs in mainland China seek to optimise SMEs’ capacity to transform digitally .
Hong Kong is back in business in the fast lane and poised to become the go-to listing venue for innovative companies from all over the world. China releases 2022 Catalogue of Industries to spur foreign foreign investment
One of Hong Kong’s key appeals lies in its wide range of admission schemes for foreign talents, professionals and entrepreneurs. In the 2022 Policy Address, Hong Kong’s Chief Executive underscored the importance of embarking on an all-out quest for global “top-notch talents”. This guide seeks to provide information on the different schemes currently available under which quality talents can be admitted into Hong Kong.
The Hong Kong Monetary Authority has launched a new platform that enables banks to gain a more accurate picture of businesses’ financial health, thereby boosting the chances of SMEs in securing loans. The Shanghai Municipal People’s Government has introduced a range of measures to boost inbound reinvestment by foreign investors.
What’s New? Starting from 6 June 2022, foreign nationals coming to China for work and dependent family members are not required to apply for the
According to the new regulation recently promulgated by the State Administration for Market Regulation, a real-name authentication is imposed on those individuals who are in
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