Covid-19 vaccines are crucial for protecting ourselves from the widely spread epidemic. CWCC welcomes and encourages our staff to receive Covid-19 vaccination. Upon introducing our new vaccination encouragement policy to our HKSAR and Mainland China offices, staff who receives a dose of vaccine, before or after the policy is introduced, is entitled to paid leave… Continue reading CWCC Vaccination Encouragement Policy
Advisory and Corporate services
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EU-China Comprehensive Agreement on Investment – CAI #2
Highlights of CAI Impact to EU investors in China market 1. China’s market access commitments: Automotive Sector: 1) Remove and phase out joint venture requirements. 2) Allow market access for new energy vehicles. Finance Services: 1) Continue the liberalization of the financial services sector 2) Joint venture requirements and foreign equity caps removed for banking,… Continue reading EU-China Comprehensive Agreement on Investment – CAI #2
EU-China Comprehensive Agreement on Investment – CAI #1
Highlights of CAI Part 1 (general information on CAI) 1.27 EU Member States and China have reached an agreement in principle on 30 December 2020 through 35 rounds of negotiations on the Comprehensive Agreement on Investments (“CAI”). 2.Member countries are China and EU member States including, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia,… Continue reading EU-China Comprehensive Agreement on Investment – CAI #1
MAJOR MEASURES PROPOSED IN 2021-22 BUDGET
MAJOR MEASURES PROPOSED IN 2021-22 BUDGET In his Budget delivered on 24 February 2021, the Financial Secretary of HKSAR proposed the following major measures: Electronic consumption vouchers Issue $5,000 electronic consumption vouchers in instalments to each eligible Hong Kong permanent resident and new arrival aged 18 or above. Reducing profits tax, salaries tax and tax… Continue reading MAJOR MEASURES PROPOSED IN 2021-22 BUDGET
Highlights of RCEP
Highlights of RCEP 15 member countries signed the Regional Comprehensive Economic Partnership agreement (“RECP”) on 15 November 2020. The member countries are the ten ASEAN countries (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam) and other five partner countries (Australia, China, Japan, New Zealand and South Korea). The population of the… Continue reading Highlights of RCEP
Lunar New Year Blessings from CWCC
Dear Client, We would like to take this opportunity to wish you and your family a happy and prosperous Year of the Ox. Kung Hei Fat Choy 恭喜發財