Tax evasion can lead to severe consequences, so it is important to understand tax evasion and how to be compliant with tax laws.
Hong Kong is a popular jurisdiction for foreign investors and entrepreneurs. Not only does it provide access to mainland China, but doing business in Hong Kong also means you will benefit from a tax-friendly environment, international market and pro-business policies.
The Hong Kong government plans to introduce a new tax scheme called the Tax Certainty Enhancement Scheme (“the Enhancement Scheme”), to enhance Hong Kong’s attractiveness as an international investment and business hub.
Do you need to set up your own entity in China? Read our introductory guide.
