Newsroom
Hong Kong Pillar Two Implementation: QDMTT, IIR and Compliance Framework (Effective from 1 January 2025)
Hong Kong implemented the OECD Pillar Two global minimum tax through the Inland Revenue (Amendment) (Minimum Tax for Multinational Enterprise Groups) Ordinance 2025. This article explains the Hong Kong Minimum Top-Up Tax (HKMTT), the Income Inclusion Rule (IIR), reporting deadlines, and filing obligations for multinational enterprise groups, including how the regime interacts with the OECD GloBE rules and Hong Kong’s existing tax framework.
Hong Kong Private Company Incorporation in 2026: Legal Framework, Structuring Considerations and Compliance Obligations for Foreign Business Investors
A comprehensive guide to incorporating a private company limited by shares in Hong Kong. This article examines statutory formation requirements, governance structure, beneficial ownership transparency, charge registration, tax obligations, economic substance considerations and key legal issues relevant to foreign private investors.
How China’s Consumption Upgrade Is Redefining Distribution Strategy for Foreign Brands
As China’s consumer market moves beyond 50 trillion yuan in annual retail sales, the real story is not scale — it is structural change. Slower growth, AI-driven purchasing, instant retail infrastructure, stricter competition enforcement, and evolving consumer values are reshaping how brands operate. For foreign companies entering China, distribution is no longer just about finding a sales partner. It is about determining who controls the brand’s data, pricing architecture, platform visibility, and long-term positioning in an increasingly intelligent and regulated market.
Summary of Hong Kong Taxes under the Proposed 2026–27 Budget
An overview of the proposed Hong Kong tax rates and relief measures for the 2026–27 year of assessment, including profits tax, salaries tax, property tax, allowances, and statutory deductions.
Hong Kong Budget for Fiscal Year 2026-27
The Hong Kong Budget 2026–27, delivered by Financial Secretary Paul Chan on 25 February 2026, outlines a strategic fiscal plan focused on high‑quality growth, innovation, and long‑term competitiveness. With an expected surplus of HK$2.9 billion for 2025–26 and HK$22.1 billion for 2026–27, the Budget introduces a range of tax relief measures, targeted industry incentives, and new initiatives to strengthen Hong Kong’s position as a global financial and innovation hub.
ISA / HKSA 600 (Revised): Key Changes and Practical Implications
The revised group audit standard became effective for periods beginning on or after 15 December 2023. It fundamentally reshapes how auditors approach scoping, supervision, communication, and documentation in multi-component engagements. This guide provides a practitioner-focused overview of the most significant changes and their practical consequences for group and component auditors.