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Cheng & Cheng Taxation Reveals Nine "Additional" Challenges Trading Companies Should Pay Attention to when Pursuing Offshore Claims in Hong Kong

A surprising number of multinational corporations fail in their application for an offshore claim in Hong Kong, even when they have no personnel physically present in the jurisdiction

HONG KONG SAR - Media OutReach - 8 August 2022 - Hong Kong is famous for its simple taxation system and low tax rate, and its territorial taxation concept has attracted many Mainland China enterprises and multinational corporations (MNCs) to set up trading companies in Hong Kong.

Read more: Cheng & Cheng Taxation Reveals Nine "Additional" Challenges Trading Companies Should Pay Attention...

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  1. Kenanga Futures Announces Eight Eight Cashback Festival 2022 Campaign
  2. TÜV Rheinland Becomes 1st Notified Body Designated by DGSM for New Omani Conformity Scheme
  3. Equities First Holdings Partners with Nimsdai Purja MBE, Breaking the New World Records of Mount Everest
  4. Hong Kong Life’s Wealth Up Savings Insurance Plan Combines Life Protection and Potential Wealth Appreciation with Premium Discount and up to 4.24% p.a. Projected Total Return Rate upon Policy Maturity
  5. Launch of Arup’s Centre For Climate Action In Cities
  6. Shenzhen People’s Procuratorate and the Qianhai Authority signed three cooperation agreements and grand opening of the Hong Kong Enterprise Compliance Development Service Centre
  7. Asia’s biggest NFT & local art exhibition "ARTAVERSE" is coming to Singapore
  8. FHA-Food & Beverage 2022 – Singapore’s biggest B2B trade show – returns physically for the first time since the pandemic with over 2,000 exhibitors with the largest international participants of over 50 international group pavilions
  9. ShopBack Officially Launches in Hong Kong Amid Global Rebrand
  10. World Vision’s Asia Summit reflects on leading sustainable change for children
  11. Award Winning Plant-Based OmniSeafood Arrives In The UK, hitting the shelves of Whole Foods Market and online at Ocado
  12. Sooho.io to Attend and Host Events at Korea Blockchain Week 2022
  13. Rhenus reaches first milestone in LCL (less-container-load) Carbon-Neutral journey with pilot launch of Carbon Neutrality Label
  14. The Escape Artist Introduces A New DIY Escape Game - "The Last Lion"
  15. Bracell Launches ‘One to One’ Commitment to Support Conservation of Areas of Native Vegetation and Forest in Brazil
  16. NTU Singapore and RGE launch S$6 million joint research centre to tackle textile waste
  17. BS Capital Group’s Subsidiary Carros Announces Successful Acquisition Of 100% Shares In Premier Taxis
  18. XLD Finance introduces OmniX solution for cryptocurrency disbursements
  19. Ian Chan & Jeremy Lau @MIRROR Starring in EMMAS Dream Australia Campaign
  20. Hong Kong Smart Design, Sparkle in Greater Bay Area 2022; Hong Kong Creative Industries Summit: Energize Borderless Opportunities
  21. VT Markets wins Best Affiliate Programme at iFX EXPO International and Best Mobile App Europe 2022 (Forex Division)
  22. Tiger Brokers (Singapore) Welcomes Azimut Investment Management on Institutional Platform
  23. AAX Crypto Exchange Announces Sponsorship of Blockchain Economy Istanbul Summit
  24. Victory Securities believes that there are opportunities for US stocks to open positions and hold onto shares in the third quarter
  25. Katrina Group’s ST Residences unveils new accommodation options at Balestier
  26. Dr. Jeanne Ng appointed Chief Sustainability Officer for ESG fintech leader, BlueOnion
  27. M1 Singapore Redefines Communication within Families with New Bespoke Family Sharing Mobile Data Plan
  28. Bread Garden Unveils Mooncake Collection for Mid-Autumn 2022
  29. RoboHero Launches a Mobile Game with a Metaverse Dimension
  30. Fast-Growing Crypto Exchange Bybit Launches Shark Fin Structured Product
  31. Kerry Logistics Network Ramps Up Own-controlled Network Service with Weekly Charter Flights from Hong Kong to Huntsville, USA
  32. NCS partners FPT Software to launch Strategic Delivery Centre in Vietnam
  33. "Music Wonderland" Brings Together Hong Kong’s Creative Community
  34. SOLARR Announces SLRR Token Listing on BitMart, Launches Free Minting for Creators
  35. TalariaX Rebrands As SendQuick Pte Ltd To Strengthen Presence In Messaging Notification Arena
  36. OctaFX celebrates its 11th anniversary and reveals its brand philosophy
  37. UD Trucks Introduces Its Newest Upgrades to Quon: Driving Better Efficiency for A More Sustainable Future
  38. NOVATION launches DataVio solution, saving businesses time and resources on manual data processing
  39. Spackman Media Group Artist Kim Sang-Kyung Stars In TVN K-Drama, POONG, THE JOSEON PSYCHIATRIST, Topping Audience Ratings On Premiere Day In Korea
  40. Macquarie Asset Management Acquires Significant Minority Stake in ST Telemedia’s VIRTUS Data Centres
  41. Hong Kong Baptist University at the forefront of human-AI symbiotic art creation with innovative performance
  42. Sino Jet received dual honorary awards at the 11th CFS China Finance Summit to accredit its visionary missions to progress sustainability
  43. Climate Positive, Proof Positive Selected climate-positive approaches and proof-positive rating and benchmarking systems for sustainable real estate
  44. Country Queen Is The First Kenyan Licensed Branded Series On Netflix
  45. Food Expo and four concurrent events kick off next week; Presenting all-new pavilions; 90% of exhibitors accept consumption vouchers
  46. TECNO CAMON 19 Launched in India, Recording a Multi-faceted Life with "Amazing Night Portraits"
  47. BingX Expands its Footprint into Germany
  48. Moon Man Rockets To $6.4 Million IMAX Debut in China
  49. Spackman Entertainment Group’s Upcoming Film, A MAN OF REASON, To Premiere Globally at the 47th Toronto International Film Festival
  50. Mothercare Celebrates National Breastfeeding Month in Singapore By Helping Mothers Embrace the Breastfeeding Journey

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