In Focus
  • Hong Kong Unveils Attractive Ship Leasing Tax Incentive
    On 19 June 2020, the Hong Kong government published the highly anticipated Inland Revenue (Amendment) (Ship Leasing Tax Concessions) Ordinance 2020, which contains profits tax concessions for qualifying ship lessors and ship-leasing managers (the Ship Leasing Tax Incentive), which can be found in sections 14O through 14ZB of the Inland Revenue Ordinance.
  • New Changes to the Hong Kong Mandatory Provident Fund Schemes Ordinance Take Effect
    This is a busy time for changes to the retirement schemes legislation in Hong Kong. In the middle of June this year, the Legislative Council passed the Occupational Retirement Schemes (Amendment) Bill 2019.Then, just a week later, the Mandatory Provident Fund Schemes (Amendment) Ordinance 2020 has come into force. This change to the MPF legislation is largely of an administrative nature. 
  • COVID-19 Portal Offers Multifaceted Support Tools for Businesses
    Mayer Brown has launched a COVID-19 web portal, blog and Global Traveler Navigator tool. Our COVID-19 Global Response Team is closely monitoring the situation worldwide and is equipped to respond rapidly to client inquiries while providing holistic and practical guidance to novel questions arising from the impact of the coronavirus.
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