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The Government has recently introduced a Bill to establish a dedicated tax regime for promoting aircraft leasing business in Hong Kong, an initiative mentioned in the Chief Executive's Policy Addresses of 2015 and 2016. The concessionary measures are expected to benefit Hong Kong by strengthening its position in the global aircraft leasing business, as well as creating opportunities for the financial and professional services sectors.

According to Boeing's market outlook for the period 2012 to 2032, Chinese Mainland airlines are expected to expand their fleet by nearly 6,000 new aircrafts with an estimated value of around US$780 billion, and accounting for more than 40% of the total deliveries forecasted for the Asia Pacific region. As one of the three largest capital markets in the world, Hong Kong is well positioned to capture opportunities arising from what promises to be a sizeable and lucrative market in aircraft demand and aerospace financing.

The Chamber is pleased to have invited John Timpany and Johnny Lau respectively International Tax Partner with KPMG China and CEO of Astro Aircraft Leasing Co Ltd to share their insights on the opportunities presented through the new tax regime on aircraft leasing. Topics to be covered include: -

•     What is being proposed?
•     How do the tax incentives work?
•     Why invest in aircraft leasing? – experience of HK and Chinese corporates
•     What are the likely benefits to the financial and professional sectors?

Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.

Speaker(s) John Timpany, International Tax Partner, KPMG China
Johnny Lau, CEO, Astro Aircraft Leasing Co Ltd
Language English
Date and Time 2017/05/15 12:00 to 14:00
Venue Chamber Theatre, 22/F United Centre
Media Closed to media
Enquiries Karen Au
Tel: 28231200
Fee Members @ HK$180 / Non-Members @ HK$380
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card
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