Double Taxation Agreement China Hong Kong

Hong Kong residents are entitled to double taxation of income tax under agreements between the Central Government of the People`s Republic of China and the Government of the Hong Kong Special Administrative Region. China Briefing is written and produced by Dezan Shira & Associates. The practice supports foreign investors in China and has had offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen and Hong Kong since 1992. Please contact the support company in China at china@dezshira.com. We also maintain offices to support foreign investors in Vietnam, Indonesia, Singapore, the Philippines, Malaysia and Thailand, in addition to our practices in India and Russia and our business research centers along the Belt & Road Initiative. Hong Kong has concluded Tax Information Agreements (TIEA) with the following divisions – {Read} HONG KONG, aug. 28 (Xinhua) — The government of the Hong Kong Special Administrative Region has signed a comprehensive double taxation agreement (CTAA) with Serbia, which signifies the government`s continued efforts to strengthen the Hong Kong tax treaty, a government spokesman said Friday. By the end of 2016, Taiwan had concluded comprehensive double taxation agreements with more than 30 countries. In addition, Taiwan has signed 13 double taxation treaties concerning revenues from air services and maritime transport services. In August 2006, the Chinese and Hong Kong authorities signed an agreement to avoid double taxation, which aims to ensure the security of tax debt for investors and taxpayers in both locations and to provide tax savings.

In September 2012, the Finance Commissioner said Hong Kong had made „remarkable progress“ in establishing its international network of tax treaties since the amendment of the National Revenue Order in March 2010 and that since then the Hong Kong tax treaty network has expanded rapidly. As of March 2018, 37 comprehensive double taxation treaties were in force in Hong Kong. The Agreement applies to the United Kingdom from 1 April 2011 for corporation tax and, from 6 April 2011, to income tax and capital gains tax. . . .