Hong Kong offshore fund tax threat continues

The government''s latest proposal fails to provide comfort or clarity for hedge fund managers.

Leading market participants believe Hong Kong's status as a regional fund management centre remains in question, following a new twist in the ongoing saga over the tax exempt status of offshore funds. This issue is of particular interest to hedge funds, which may face taxes for doing business in Hong Kong.

The threat of taxation has been one factor driving many hedge fund start-ups to go to Singapore instead. On December 31, 2004 the Financial Services...

To continue reading, please login or register for free

Click for more on: hong | kong | offshore | fund | tax | threat | continues

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...