Hong Kong Tax News Flash
May 2025, Issue 4
IRD releases further guidance on patent box regime
Further to the introduction of the patent box regime last year, the Inland Revenue Department (IRD) recently released the much-anticipated illustrative examples of the regime on its website, covering issues such as the determination of eligible person, eligible intellectual property (IP), eligible IP income and eligible research and development (R&D) expenditure and non-eligible expenditure. These examples provide helpful indication that the regime is generally accessible to any industry sectors if the qualifying conditions are met.
This news flash summarises the latest guidance from the IRD and our observations thereon.
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