Hong Kong Tax News Flash
May 2025, Issue 5
Hong Kong passes bill on inward company re-domiciliation regime
On 14 May 2025, the Companies (Amendment) (No. 2) Bill 2024 (Bill), as amended by way of committee stage amendments (CSAs), was passed by the Legislative Council (LegCo) to introduce an inward company re-domiciliation regime in Hong Kong. The Bill is expected to be gazetted as an amendment ordinance and come into operation on 23 May 2025.
This news flash explains the key CSAs and discusses the noteworthy clarifications and responses to written submissions regarding the Bill as provided by the Hong Kong SAR government (the Government) during the legislative process, along with our observations.
*Tiang & Partners is an independent Hong Kong law firm and a member of the PwC network
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