Mar 25, 2023
The Secretary for Financial Services and the Treasury, Mr Christopher Hui said, "The tax concession regime for carried interest would attract more private equity funds to operate and be managed in Hong Kong, thus boosting more investment management and related activities, which will bring business opportunities to various professional services and economic benefits to Hong Kong."
Under the carried interest exemption regime, upon meeting the relevant conditions, the carried interest received would be eligible for a 0% Hong Kong profits tax rate. In order to apply the regime, Hong Kong Monetary Authority (HKMA) also issued relevant guidelines and set out requirements regarding the auditors’ report for assisting the HKMA in determining the issuance of certification of funds for carried interest tax concession.
In this webinar, we would share with you the well-rounded view of funds and carried interests in Hong Kong, from legal, tax to audit perspectives.
Highlights:
Fundamentals on private equity funds - legal structure and common terms
Tax incentives for funds - unified fund exemption and the carried interest exemption
Overview of auditor’s report for the certification of funds for carried interest tax concession
Event details:
Date : 25 Apirl 2023 (Tuesday)
Time : 7:00pm to 8:30pm
Channel : Zoom webinar
Fee : $100 for AWAHK members; $150 for non-members
CPD : 1.5 hours
Language : Cantonese
Speakers
Ms Evy Wong, Principal Partner (Tax and Advisory) of CWK Global
Mr Ocean Chan, Managing Partner of CWK CPA Limited
Ms Fiona Fong, Partner of Deacons
To register, please click REGISTER