Weekly Tax News




Weekly China News
Registered Companies Reach New High In Hong Kong

The number of registered companies in Hong Kong has grown 83.7% in the last 15 years, while the number of new local firms registered with the Companies Registry grew to a record high of 101,512 in 2007-08, it was reported on Wednesday.
Click Here for Full Story »»
China's NPC To Examine Draft Amendments To Patent Law

It was announced on Monday that proposed amendments to China's patent laws have been submitted to the Standing Committee of the National People's Congress for the first of three readings.
Click Here for Full Story »»
China's Tax Revenue Up 13% In July

China's Ministry of Finance (MOF) issued a statement this week announcing that the country's tax revenue rose by an impressive 13.8% year-on-year in July to 532.33bn yuan (USD77.4nn).
Click Here for Full Story »»
China Increases Export Tax On Coal

The Chinese authorities announced last Friday that they will hike export tariffs on coke and coking coal from 20th August.
Click Here for Full Story »»
Hong Kong GDP Up 4.2% In Q2

Hong Kong's economy grew moderately in the second quarter with GDP rising 4.2% after a 7.3% surge in the first quarter, Government Economist Kwok Kwok-chuen has this week announced, adding that further moderation is expected for the rest of the year.
Click Here for Full Story »»
HK's Exchange Fund Foreign Assets Fall HKD14.4bn

Exchange Fund foreign assets fell HKD14.4bn to HKD1.169 trillion at the end of July, the country's Monetary Authority announced on Thursday.
Click Here for Full Story »»
Hong Kong SFC Reports Success Against Insider Traders

The Hong Kong Securities and Futures Commission (SFC) continues to make progress in stamping out insider dealing with two significant events in recent months, according to the regulator's 'Enforcement Reporter,' published Friday.
Click Here for Full Story »»
AIMEX To Target Spain, Russia And Taiwan

The Australian International Marine Export Group (AIMEX) has announced this week that it is getting set to target additional international markets over the next six months, with increased exposure at major world boat shows.
Click Here for Full Story »»