Crypto界网 February 25 News, Financial Secretary Paul Chan Mo-po stated in the "Budget 2026" that to optimize the business environment and facilitate internal corporate restructuring, he recommends relaxing the stamp duty exemption criteria for asset transfers within groups to expand the scope of eligible related legal entities. The Hong Kong government will submit a draft amendment to the regulations within the year. The proposed changes apply to documents signed from today onwards. Regarding enhancing Hong Kong's role as a major financial hub for corporate finance, Paul Chan indicated that a series of optimization measures will be announced mid-year, including additional tax incentives and flexibility for corporate treasury centers and their related companies, as well as the introduction of a pre-approval mechanism. Additionally, since the company registration transfer system took effect last year, Paul Chan mentioned that the Companies Registry has approved 22 cases so far and is processing about 20 applications. The Hong Kong government will strengthen external promotion to attract more companies to establish their presence in Hong Kong.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Crypto界网 February 25 News, Financial Secretary Paul Chan Mo-po stated in the "Budget 2026" that to optimize the business environment and facilitate internal corporate restructuring, he recommends relaxing the stamp duty exemption criteria for asset transfers within groups to expand the scope of eligible related legal entities. The Hong Kong government will submit a draft amendment to the regulations within the year. The proposed changes apply to documents signed from today onwards. Regarding enhancing Hong Kong's role as a major financial hub for corporate finance, Paul Chan indicated that a series of optimization measures will be announced mid-year, including additional tax incentives and flexibility for corporate treasury centers and their related companies, as well as the introduction of a pre-approval mechanism. Additionally, since the company registration transfer system took effect last year, Paul Chan mentioned that the Companies Registry has approved 22 cases so far and is processing about 20 applications. The Hong Kong government will strengthen external promotion to attract more companies to establish their presence in Hong Kong.