ADVOCACY

The Voice of Business in Hong Kong since 1861

ALL SUBMISSIONS

WE MAKE DOING BUSINESS EASIER

The Chamber's core function is to lobby on behalf of businesses' interests to ensure the competitiveness and integrity of the Hong Kong business community. We regularly submit policy statements and proposals to enhance our business environment. We urge all members to contribute your views and suggestions on how we can hone Hong Kong's position as one of the best places in the world to do business.
Chamber Submission to the 2022/23 Policy Address

In anticipation of John Lee’s inaugural Policy Address, the Chamber has submitted recommendations on 9 key policy areas on which it feels the current administration should be focusing on as a matter of priority.

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International Sustainability Standards Board (ISSB) Consultation on Sustainability-related Financial Information and Climate-related Disclosures

The Chamber welcomes and supports the ISSB’s initiative to formulate a comprehensive set of global sustainability disclosures to serve as performance guideposts for businesses, while providing consistent, comparable and high-quality ESG reporting designed to meet investor needs. However, questions over the approach to and with the proposed standards, such as the lack of clarity on when the ISSB will be fully quorate and the absence of the principle-based GRI standard, will have to be addressed before the new standards are introduced.

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Consultation on Proposed Refinements to Hong Kong’s Foreign Source Income Exemption (FSIE) Regime for Passive Income

The Chamber supports the Government’s efforts to remove Hong Kong from the European Union’s watchlist by introducing changes to our FSIE regime while upholding the key principles of our taxation policy. However, more clarity should be provided on certain issues including the interpretation and application of covered income and economic substance requirement, as well as the eligibility criteria for the proposed participation exemption.

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Hundreds of experts serving on the Chamber's committees contribute their knowledge and  insights to develop concrete, practical proposals for strengthening Hong Kong's business environment. See our past work and share with us you views on what you would like to see done.

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Advocacy Enquiries
advocacy@chamber.org.hk
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