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The high-profile celebrations of the 40th anniversary of the Shenzhen Special Economic Zone in October served as a reminder of the tremendous achievements of the city to date. President Xi Jinping unveiled further autonomy for the city, emphasizing Shenzhen to be the new engine driving China's economic growth.
At the same time, Hong Kong will serve as a dual engine with Shenzhen in the Greater Bay Area (GBA) development, implying that opportunities will continue to emerge for Hong Kong businesses.
However, both individuals and corporates should be aware of the recent changes of the regulatory framework in the GBA. The GBA cities have been updating their regulations to attract talent and investment from overseas (including Hong Kong), so interested investors should keep up to date with all the latest developments in areas from dispute resolution to income tax before setting up operation in the GBA.
To learn more about the regulatory framework in the GBA, the Chamber has invited some legal and tax experts to share with members their insights on the following topics:
- corporate set up in the GBA and relevant legal procedures;
- taxation planning of corporations and individuals in the GBA;
- employment issues involving Hong Kong residents working in the GBA;
- resolution of commercial disputes, and enforcement of judgments or arbitral awards in the GBA; and
- asset protection, wealth management and family office set-up for high-net-worth individuals (HNWIs) in the GBA.
