Tag: Hong Kong

Companies (Amendment) Ordinance 2018: Maintaining of Significant Controllers Register by Hong Kong Incorporated Companies

The Companies (Amendment) Ordinance 2018, which came into operation on 1 March 2018 imposed on companies incorporated in Hong Kong (excluding listed companies in Hong Kong) an obligation to maintain a Significant Controllers Register (SCR). Coupled with the Common Reporting Standard, which took effect on 1 July 2017 in Hong Kong, the new provision reflects…

Read more

AEOI News: Hong Kong tax residencies subject to Automatic Financial Information Exchange with 11 jurisdictions

This post is part of Horizons ongoing sharing of important information related to the implementation of a new global Standard for Automatic Exchange of Financial Account Information in Tax Matters, more commonly referred to as Automatic Exchange of Information or AEOI. Hong Kong’s implementation of AEOI is well underway. Further to the passing of Common Reporting Standards (CRS) set by…

Read more