On 24th February 2021, Finance Secretary Paul Chan announced the Hong Kong Budget 2021.
The budget suggests a targeted approach as the authorities focus on investing in infrastructure and promoting the development of industries in their bid to optimise strategies.
There is also a significant focus on digitalisation in this year’s Budget, further emphasising the importance of being digitally ready in today’s environment.
If you have any questions relating to any of the information contained in this report, please contact our tax advisors via email or call us at + 852-2598 5234.
Short-Term Relief

Long-Term Measures

Tax Relief

Digitalisation

Download the Full Hong Kong Budget 2021 Report
Related Business Insights
-
17 Jun 2026
Profits Tax Filing – 2025/26 Key Deadlines and Compliance Points
The Inland Revenue Department (“IRD”) conducted the bulk issuance of 2025/26 Profits Tax Returns in early April …
READ MORE -
17 Jun 2026
Understanding Offshore Tax Claims in Hong Kong
Hong Kong adopts a territorial basis of taxation, whereby Profits Tax is generally chargeable only where a person c …
READ MORE -
16 Jun 2026
Individual Tax Filing – 2025/26 Key Compliance Points and Reminders
The bulk issue of the 2025/26 Individual Tax Returns took place on 4 May 2026. Individuals should be aware of their …
READ MORE