Government launches consultation on proposed enhancements to tax concession regime for corporate treasury centres

Jul 28, 2026

The Financial Services and the Treasury Bureau (FSTB) and the Inland Revenue Department (IRD) has launched a public consultation on proposed enhancements to the tax concession regime for corporate treasury centres (CTCs). The public consultation will last for six weeks until September 4.

The consultation paper proposes the introduction of a tiered regime for CTC tax concessions, with key features as follows:

(1) Tier 1: refine and broaden existing regime

(2) Tier 2: introduce a pre-approval mechanism

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▶Consultation on proposed enhancements to tax concession regime for corporate treasury centres