Invest Offshore

Tag: Hong Kong

  • FSDC holds forum to explore monetary and financial issues of Hong Kong

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    Aaron
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    [box size=”large”]The Financial Services Development Council (FSDC) and the Chinese University of Hong Kong today (November 14) jointly hosted a forum to give students an opportunity to learn more about the monetary and financial issues of Hong Kong.[/box] Today’s forum, the 23rd event under the FSDC Practitioner Speakers Series, featured Non-Official Member of the Executive…

  • Asian Infrastructure Investment Bank Summit in Hong Kong

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    Aaron
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    Hong Kong (HKSAR) – Following is the speech by the Financial Secretary, Mr Paul Chan, at the Financial Times-AIIB Summit today (November 1): President Jin (President of the Asian Infrastructure Investment Bank (AIIB), Mr Jin Liqun), Ms Mackay (Managing Director of Asia Pacific and Global Publisher of FT Live at the Financial Times, Ms Angela Mackay),…

  • Buried Treasure: How Much Is Hidden in Tax Havens?

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    Aaron
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    Switzerland, which developed cross-border wealth-management in the 1920s, once was in a league of its own as a tax haven. Since the 1980s, however, tax-dodgers have had a rich menu to choose from: They can hide assets anywhere from the Bahamas to Hong Kong. The percentage of global wealth held offshore has increased dramatically—but it…

  • Cyberport and Hong Kong Monetary Authority lead Hong Kong’s largest FinTech Delegation to London

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    Aaron
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    HONG KONG, Sept. 20, 2017 /PRNewswire/ — Hong Kong Cyberport (Cyberport) and the Hong Kong Monetary Authority (HKMA) bring the largest FinTech delegation to London from 19 to 21 September to expand partnership network for FinTech industry players between the two cities. This is part of the annual ICT delegation co-organised by Cyberport and the Hong Kong Information Technology…

  • Canada Overseas Retirement Plan and Hong Kong Pension Law

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    Aaron
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    A specific type of Hong Kong pension law framework, when structured compliantly, can produce a cross-border financial structure that is government regulated, registered and recognized to reduce the cost of tax for cross-border investment into and out of Canada. A Hong Kong ORSO is after tax contribution with the idea that withdrawals after age 55…

  • The Netherlands is world’s biggest conduit to offshore tax havens

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    Aaron
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    [box]The Netherlands is the biggest conduit to offshore tax havens in the world, with almost a quarter of fiscal constructions having a Dutch link, according to researchers at a specialist unit at the University of Amsterdam.[/box] ‘Only five big countries act as conduit-OFCs,’ the researchers from Corpnet said in a new report. ‘Together these five…

  • Hong Kong ORSO Schemes for Overseas Retirement

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    Aaron
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    [box]ORS402(b) compliant registered ORSO scheme is an exempt, non-reporting Financial Institutions for CRS reporting purposes under Part 2 of Schedule 17C to the Inland Revenue Ordinance (IRO). When the Hong Kong ORSO schemes is not exempt from CRS/FATCA reporting it is not recognized internationally for deferral of income.[/box] Knowing the differences in Hong Kong ORSO…

  • Hong Kong ORS and CRS (Common Reporting Standard)

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    Aaron
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    The Hong Kong ORS is not exempt from CRS/FATCA reporting; which means the ORS is not recognized internationally for deferral of income. ORS402(b) is an exempt from CRS and FATCA reporting exempt beneficiary financial account. WE provide the whitepapers to explain the difference between a Hong Kong ORS and our private label ORS402(b). Overseas Financial…

  • China to lift curbs on foreign fund offshore investments

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    Aaron
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    HONG KONG: China will lift a two-year suspension on foreign fund raising money in the country to invest overseas as early as June, people familiar with the matter said, a sign that Beijing is getting less anxious about capital outflow pressures. Some industry executives said the expected resumption of the Qualified Domestic Limited Partnership (QDLP)…