IS HONG KONG A TAX HAVEN?

Estimated reading time: < 1 min

According to the tax definitions of several countries and in accordance with the 4th OECD Directive, Hong Kong is not an offshore jurisdiction and can not be described as a tax haven such as BVI, Seychelles, Nevis, etc.

Indeed, Hong Kong taxation is territorial (only activities performed outside Hong Kong are exempt) and not related to a legal status of locally registered companies (such as “International Business Companies” in many tax havens).

Finally Hong Kong is classified in the white list (“white list”) of OECD countries.

Was this article helpful?
Dislike 0
Views: 8