A global standard for automatic exchange of financial account information between governments was introduced, with the tax legislation on implementing the common reporting standard in Hong Kong became effective in 2016. To facilitate information exchange with other tax jurisdictions, Inland Revenue Department could obtain information of taxpayers from financial institutions. To prevent tax risks arising from the exchange of information, we assist in compliance filing, preventing and investigating your business. Hong Kong has always been the platform to connect China and the rest of the world, no matter China Inbound and Outbound Investment. As such, it is important for examine the tax implications of both China and Hong Kong in your tax planning exercises. Hong Kong is also part of Guangdong-Hong Kong-Macau Greater Bay Areas (GBA), which is the one of the areas with the strongest GDP growth in China. Being an international financial centre and closely situated in GBA, Hong Kong is in the best position to assist you to enter into China. As one of our core services, our team comprises experienced tax experts in handling China-related tax and foreign exchange control matters and deal with local tax authorities in China. We can assist you on the following services: