BUSINESS MANAGEMENT & CONSULTANCY

Part of a joint research initiative by HKTDC Research and the Shanghai Academy of Social Sciences, this study provides an overview of the performance of China’s Overseas Economic and Trade Co-operation Zones and their role within the Belt and Road Initiative. This article is about Hong Kong’s role and opportunities. More

On the back of China’s promotion of the Belt and Road initiative, the HKTDC conducted a questionnaire survey in the YRD in early 2017. Survey results reveal that Hong Kong was mainland enterprises’ preferred destination for seeking professional services outside the mainland for capturing Belt and Road opportunities. This matches with the findings of a similar HKTDC survey conducted in South China in 2016. More

The State Administration of Taxation has recently updated the Preferential Tax Policy Guidelines for Mass Entrepreneurship and Mass Innovation in keeping with the newly promulgated preferential tax policies. The guidelines cover the 77 entrepreneurship and employment-related tax concessions promulgated up until March 2017. More

The current 13% VAT charge will no longer be levied after 1 July this year. Instead, an 11% tax will apply to the sale or import of a number of goods, including agricultural products, drinking water, heating and liquefied petroleum gas (LPG). The change was announced in the Circular on Policies for Simplifying and Consolidating Value-Added Tax (VAT) Rates, jointly issued by the Ministry of Finance and the State Administration of Taxation. More