Legal Briefing

HKICPA, ACCA renew Mutual Recognition Agreement

HKICPA, ACCA renew Mutual Recognition Agreement

Both sides further enhanced connection by expanding professional development opportunities.Hong Kong Institute of Certified Public Accountants (HKICPA) renewed its Mutual Recognition Agreement (MRA) with the Association of Chartered Certified Accountants (ACCA) on 27 June.

Hong Kong sets higher investment threshold for residency

Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.

5 measures investors and businesses must be aware of in 2024

One of the measures will exempt onshore disposal gains from profits tax.

Government shields Hong Kong’s local MNEs from EU’s tax defensive measures

Hong Kong introduces foreign source income exemption regime (FSIE) to benefit local MNEs if certain requirements are met.

New bill slashes transaction costs for Hong Kong market makers

The government gazetted a bill waiving stamp duty payable on certain transactions relating to dual-counter stock.

Legal Briefing: The ‘Stay Rules’ are here to stay

And what it means for authorized institutions.