HONG KONG: Hong Kong, Turkey agree on double taxation avoidance in boost for Belt and Road Initiative

Hong Kong has signed an agreement with Turkey to overcome double taxation issues in cross-border trade and investment, a move that also helped widen the city’s cooperation with more jurisdictions under Beijing’s Belt and Road Initiative.

The initiative, introduced by President Xi Jinping 11 years ago to rebuild the ancient Silk Road in 140 countries, involves building roads, ports, railways and power plants to promote trade flow, backed by funding from China’s state-run development bank.

“This milestone is another tangible illustration of Hong Kong’s determination to expand tax trading equity,” Chief Executive John Lee Ka-chiu said on Tuesday. It highlights “our commitment to boosting ties and relations with developing local economies,” he added.

20 April 2024

SINGAPORE: Updates to Tax Incentives for Single Family Offices

The Monetary Authority of Singapore (MAS) has recently introduced new guidelines for Single Family Offices (SFOs) applying for tax incentives under the Section 13O and Section 13U schemes. The changes

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6 August 2024

UKRAINE: Ukrainian business and citizens boost investments in government bonds by UAH 16 billion in July

In July 2024, Ukraine’s Ministry of Finance raised UAH 38 billion through government bond issuance, comprising UAH 26.4 billion and USD 285.7 million. Of the total, UAH 35.5 billion were military

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12 September 2025

AFSIC: Investing in Africa Returns to London on October 14–15, 2025

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22 November 2024

SWITZERLAND: Switzerland’s FINMA warns of money laundering risks with crypto

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