Fung, Yu & Co. CPA Limited

24/10/2023

Hong Kong plans to allow foreign companies to re-domicile in the city, without facing difficulties such as economic substance requirements or changes to the company identity.
https://www.fungyuco.com/blog/hk-redomiciliation-process/

24/10/2023

Hong Kong plans to allow foreign companies to re-domicile in the city, without facing difficulties such as economic substance requirements or changes to the company identity.

https://www.fungyuco.com/blog/hk-virtualasset-requirement/

28/07/2023

New IPO listing rules geared towards specialist technology companies in Hong Kong and streamlined regulations in Shanghai and Shenzen will accelerate the rebound in all three markets in 2023.
https://www.fungyuco.com/blog/2023-hk-mainland-ipo-outlook/

10/05/2023

Qualifying Single Family Offices can now claim tax concessions for Family Investment Holding Vehicles in Hong Kong.

The Hong Kong SAR government’s programmes to accelerate the development of the region’s Family Office sector reached a significant milestone with The Inland Revenue (Amendment) (Tax Concessions for Family-owned Investment Holding Vehicles) Bill 2022, which was introduced in December, after publi...

26/04/2023

3 days seminari begin! 7 days seminar (3 in Shanghai + 4 in Hong Kong) is definitly a new trial for us.

14/03/2023

Hong Kong has deepened its economic ties with the Middle East, with a range of commitments including plans for Saudi Arabia’s stock exchange to collaborate with HKEX.

Middle East Investments Hong Kong is now a critical conduit for investment, trade and development for the Middle East. Sovereign wealth funds from Saudi Arabia and the United Arab Emirates are set to establish US Dollar denominated Hong Kong-based vehicles to invest in the ongoing expansion of the G...

26/02/2023

First proper event for us in 3 years! Great to see all of the old friends and meet new people!

08/02/2023

The Family Office is essential to any High-Net-Worth individual today. Its origins can be traced to JD Rockefeller’s innovative approach to wealth management during the industrial revolution in the United States.

Origin of Family Office Family offices are exceptionally innovative, adaptable, and resilient enterprises that can achieve short- and medium-term objectives while furthering a vision and legacy that spans generations. Although each family office is unique to the profile of its founders, principals a...

04/02/2023

Been 4 years since our last annual dinner!

02/02/2023

Happy new year of Rabbit!

05/01/2023

New Foreign Sourced Income Exemption (FSIE) Regime for Passive Income in Hong Kong
Specified foreign-sourced income received in Hong Kong by a local company of a multinational enterprise group will be taxable if it fails meet the exemption requirements (economic substance requirement, Nexus requirement or participation requirement)

New foreign-sourced income exemption regime in Hong Kong Due to pressure from the European Union, the Hong Kong government is proposing to change the foreign source income exemption (FSIE) regime for the taxation of passive income. The government has submitted a draft of the new tax provisions to Le...

10/11/2022

Wine is an asset with universal cultural appeal and world-renowned heritage, but it also outperforms equities helps hedge against inflation during volatile phases in financial markets. This makes it an ideal alternative diversifier for any portfolio.

Wine Investment During a period when markets across the world face unprecedented volatility and currencies are under inflationary pressure compounded by unpredictable institutional policies, alternative assets are emerging as a key diversifier in portfolios. The growing popularity and appreciation f...