Past Events

Date Events
Practical Ways to Resolve Offshore Claim Disputes and other IRD Assessments

Practical Ways to Resolve Offshore Claim Disputes and other IRD Assessments

The territorial concept is fundamental to the taxation of profits in Hong Kong, but the treatment of source of profits remains one of the most contentious tax issues for companies based here. At a roundtable luncheon on 20 March, Emily Chak and Philip Hung from PwC shared with members effective ways to deal with assessments and investigations by the Inland Revenue Department (IRD), especially where offshore claims were concerned. They also discussed official guidelines on the treatment of the locality of profits, and provided advice on handling IRD enquiries regarding offshore claims disputes.


Joint Business Community Luncheon with the Financial Secretary Paul MP Chan

The Chamber organized the Joint Business Community Luncheon with the Financial Secretary Paul MP Chan on 19 March. The Financial Secretary shared his insights on this year’s Budget, stressing the importance of enhancing our pillar industries while nurturing potential new industries, including innovation and technology. He also shed light on the government’s financial plans on making Hong Kong a more livable city and upgrading the medical and health sector.


A session with the Secretary for Security on Amending Hong Kong's Extradition Laws

John Lee, Secretary for Security, met with members on 19 March to discuss the Government’s proposals to revise Hong Kong’s extradition laws. The changes relate to legislation on surrendering fugitives and providing legal assistance to other jurisdictions with which Hong Kong does not have a long-term agreement on juridical cooperation. The session provided a useful opportunity for members to reflect their concerns to and exchange views with the Secretary on these proposals.


Opportunities Ahead - Transplanting HK's Success into the Greater Bay Area

Greater Bay Area

At a roundtable on 18 March, Tommy Yuen, Director (Constitutional and Mainland Affairs), Special Duties, HKSAR Government, briefed members on the key messages of the Outline Development Plan for the Greater Bay Area, and the direction of related work for the Government. Catherine Tsang, Partner at PwC China's Tax and Business Advisory Division, also shared her views on the latest GBA developments and how Hong Kong implants its successful experience to promote the development of the region.

Catherine TsangPodcastTommy Yuen
YEC Networking Luncheon with Dr Bernard Chan

YEC Enjoys Lunch with Dr Bernard Chan

Members of the Chamber’s Young Executives Club had lunch with Dr Bernard Chan Pak-li, Under Secretary for Commerce and Economic Development, on 18 March at the Artyzen Club. During the lunch, they discussed the development of the Greater Bay Area, how to attract foreign start-ups and tech talent to Hong Kong, and initiatives to improve the city’s competitiveness.

Dr Chan explained that the administration was working with other governments on initiatives including free-trade and investment agreements, with the aim of helping local businesses access markets in Belt and Road countries. He added that several schemes had been launched to attract talent to Hong Kong including the Innovation and Technology Fund, while InvestHK had set up a dedicated fintech team to attract enterprises in this space to set up or expand in Hong Kong.

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