Tag: Overseas

LCQ15: Attracting overseas private equity funds to re-domicile to Hong Kong ***************************************************************************      Following is a question by the Hon Duncan Chiu and a written reply by the Acting Secretary for Financial Services and the Treasury, Mr Joseph Chan, in the Legislative Council today (March 15):   Question:        This Council passed the Inland Revenue (Amendment) (Tax Concessions for Carried Interest) Bill 2021 (the Bill) in 2021 to provide tax concessions for carried interest distributed by private equity (PE) funds operating in Hong Kong, with a view to attracting more PE funds to operate in Hong Kong and boosting ... Read more

 A special $1,000 savings has just been promoted to insurance agents and advisors by the American Association for Long-Term Care Insurance. According to Jesse Slome, director of the AALTCI, the special coupon code will enable those booking new land tours or cruises to receive a $1,000 credit. The participating companies are Overseas Adventure Travel (O.A.T) and the parent companies Grand Circle Travel and Grand Circle Cruise Line. According to the announcement posted by Jesse Slome on AALTCI’s website, the $1,000 can be saved by any traveler booking a new reservation before May 1, 2023. “Between 2022 and 2024, more than ... Read more

SHENZHEN, CHINA, Dec 6, 2022 – (ACN Newswire) – A series of “Overseas Talents’ China Visit to Shenzhen” events were successfully held in Guangming district, Shenzhen from November 21 to 22. The events were co-organized by Shenzhen Center for International Exchange of Personnel. The events are hosted by the China Association for International Exchange of Personnel, the Shenzhen Science and Technology Innovation Commission, the Communist Party of China Guangming District Committee, and the Shenzhen Guangming District People’s Government. Presented by Guangming District Talent Work Bureau and Guangming District High-level Talent Service Center and ... Read more

Individuals overseas reminded to remain vigilant against email scams ********************************************************************      The Immigration Department (ImmD) and the Labour Department (LD) recently received enquiries from individuals overseas about emails from unknown sources offering employment in Hong Kong under an Employment for Professionals Assessment Scheme and requesting recipients to provide personal data and pay fees. The Government reminds people who have received similar suspicious emails to remain vigilant against possible scams.        The emails concerned also included a deceptive approval letter purportedly issued by the ImmD, a confirmation letter and an application form allegedly issued and prepared by the LD, ... Read more

LCQ6: Overseas judges of the Court of Final Appeal **************************************************      Following is a question by the Hon Paul Tse and a reply by the Chief Secretary for Administration, Mr John Lee, in the Legislative Council today (July 7): Question:      Article 82 of the Basic Law stipulates that the Court of Final Appeal (CFA) may as required invite judges from other common law jurisdictions (overseas judges) to sit on the CFA. The CFA is constituted by five judges, including either a non-permanent Hong Kong judge or an overseas judge. In this connection, will the Government inform this ... Read more