The Hong Kong Foreign-Sourced Income Exemption (FSIE) regime, which came into effect on January 1, 2023, is set to undergo for further enhancements, with the anticipated changes scheduled to take effect from January 1, 2024. Companies engaged in business transactions in Hong Kong should vigilantly monitor the ongoing evolution of this regime and its potential implications for taxation.

At this webinar, our tax experts, Candice Ng and Tony Mak, spoke on the following:

• Overview of Hong Kong’s FSIE regime, encompassing aspects such as covered income, covered taxpayers, and any exceptions.
• Proposed refinements to the FSIE regime.
• Strategies and measures to consider for mitigating the tax impact.

Download the slides for reference or contact our Tax experts today for a discussion on how you can ensure compliance when the proposed enhancements come into effect.