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Analysis & Insights

Tax Incentives Raise Hong Kong's Shipping Finance Profile

31 Aug 2020

New tax incentives to attract ship owners and lessors to Hong Kong will both enhance the jurisdiction's status as a key shipping leasing centre for the Asia Pacific region and develop Hong Kong's shipping core and maritime cluster.  The tax changes, announced by the Transport and Housing Bureau of the Hong Kong Government, reflect the long term strategy to position Hong Kong as a centre for ship finance, leasing and related maritime business establishments.

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