Wednesday, 8 February, 2012

OIL "opinion" - HK consolidates position as favoured China gateway.

Hong Kong consolidates position as favoured China gateway - New "opinion" piece by Vistra's sister company OIL.

A strong regulatory environment, solid local capital markets, developed legal and commercial systems and geographical proximity all add together to ensure Hong Kong has remained the location of choice for China inbound and outbound corporate structures, according to a new report released by Offshore Incorporations Limited (OIL).

OIL's latest "Offshore 2020" report highlights the increasing importance of double tax treaties and tax information exchange agreements as key components underpinning Hong Kong's position as the strategic gateway to China. The report suggests that in a little over five years, Hong Kong could even overtake established offshore jurisdictions such as the BVI in terms of importance in the market for cross border structures. Other findings pointed to the importance of Hong Kong as a favoured location for initial public offerings, corporate trading and investment holding companies.

Click here for a summary of the report