Financial Services Tax News Flash

Jun 2016

Green light for open-ended fund companies in Hong Kong - law enacted

The Hong Kong Government gazetted the Securities and Futures (Amendment) Ordinance (the Ordinance) on Friday 10 June 2016, introducing the legal, regulatory, and tax framework for an open-ended fund company (OFC) regime in Hong Kong. In this news flash, we highlight the changes in the tax law in Hong Kong to accommodate an open-ended fund company as a vehicle for fund investment.

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