Hong Kong lawmakers say 5-year tax incentive too short to entice major innovative firms
Oct 5, 2026
Hong Kong lawmakers have backed the government’s proposed tax incentives for large innovative companies, but many said on Monday that the planned five-year concession period is too short to attract major firms to establish headquarters or expand operations in the city. Chief Executive John Lee Ka-chiu in his policy address last month said the government planned to submit a bill introducing preferential profits tax rates of either 5 per cent or 8.25 per cent, which was half of the city’s standard...
Read full articleMore News
Recommended
Nobel Prizes 2026: What to Know
Oct 5, 2026
