95638d5173e42b5d7057a5fc6fd12a9f

【Wealth Succession】HONG KONG: Action against use of shell companies to bypass listing rules

Effective from 1 October, new Hong Kong Stock Exchange rules prohibit large disposals of businesses or assets by listed companies for three years following a change in control. The regulations aim to deter the use of listed companies for ‘back door’ listings, and restrict the creation of listed shell companies offered for sale to businesses who wish to go public without seeking listing.

  • AUSTRALIA: Cash payments over AUD10,000 to be criminal offence

  • India plans higher taxes for foreign investors in securities

Others| related

  • 【Wealth Succession】India plans higher taxes for foreign investors in securities

  • 【Wealth Succession】TRUSTS: Trustees rely on deeds of indemnity to defeat beneficiary’s claim

  • 【Wealth Succession】SWISS BANKING: Wealthy UBS clients to be charged interest on deposits

  • 【Wealth Succession】UK：One-third of British billionaires relocating overseas

  • 【Wealth Succession】OECD endorses low-tax jurisdictions’ substantial activity legislation

  • 【Wealth Succession】Canada has no gift tax; giving your children money can save tax

Info wall

Monthly Hots