Update: New Foreign Sourced Income Exemption (FSIE) Regime for Passive Income

Posted Posted in Business

In line with international standards combating cross-border tax evasion, the Hong Kong government is amending its Foreign-Sourced Income Exemption (‘FSIE’) regime. On October 28th, 2022, the legislative bill of the proposed new regime (the ‘New Regime’) was released. Simultaneously, the Inland Revenue Department (‘IRD’) issued some guidelines enabling targeted enterprises to better understand the practical […]

Constantin Publication: Hong Kong – Business & Regulatory Environment

Posted Posted in Business

We are pleased to share our Corporate Member Constantin’s latest guide on Hong Kong’s Business & Regulatory Environment. This update has been prepared to assist those interested in doing business and investing in Hong Kong to comprehend the major components of the business framework and tax system.  Content: Incorporation Business operation Labour Regulations Tax Incentives Their research […]

The Belgium – Luxembourg Chamber of Commerce (the BLCC) in Hong Kong appoints Ms. Femke Debie as General Manager.

Posted Posted in Chamber, Hong Kong

Hong Kong, July 28, 2022 As any Chamber of Commerce, the Belgium – Luxembourg Chamber of Commerce (“BLCC”) in Hong Kong goes through chapters in time, matching the evolution of the business environment and the community of members. Hong Kong is at the tail end of a highly impactful period; a new chapter is soon […]

Newest Publication of Our Member KBC: Economic Perspectives – Asia Edition

Posted Posted in Business, Chamber

Thanks to our Corporate Member & Silver Sponsor KBC Bank, we are able to share the insightful KBC Economic Perspectives – Asia Edition with you. Here some highlights from the most recent edition: The war between Russian and Ukraine is still having an impact on the world economy (food, gas, fuel, etc.), which is causing a huge prize inflation. Due to […]

HK to halt policy of flight bans

Posted Posted in Hong Kong

Today it was announced that the HKgov will halt their policy of imposing flight bans on airlines transporting a certain amount of passenger who turn out to be carriers of the virus. This is a very welcome move for the many travelers returning from Europe and other places to Hong Kong. This measure will have […]

Event Recap: The Importance of Regional Headquarters (By Roland Berger)

Posted Posted in Business, Chamber

Yesterday, May 19 2022, Laurent Doucet, Partner at Roland Berger, made an incredible presentation about Regional Headquarters (RHQ). Laurent divided this webinar into three main points: Context and challenges of RHQ Context Asian RHQs of Fortune Global 500 companies  Rethinking RHQ and location assessment framework  Selected case studies  Please note that if you are looking […]

Event Recap: Appetite for China; Is China still investible?

Posted Posted in Business, Chamber

On Wednesday 18 May, the Dutch Chamber organized this insightful hybrid event; your BLCC warmly supported it. Recent geo-political and economic developments have made a tremendous impact on the international business environment, including Mainland China. Examples of major changes are: the Common Prosperity Policy of Mainland China, Chinese government intervention in (digital & financial) markets, […]