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Hong Kong – While tax incentives for treasury centers arenot offered and double tax treaty network is limited, companiesare attracted to Hong Kong’s territorial taxation regimecharacterized by a low corporate income tax rate, waiver oftax on interest income, and lack of withholding tax on interestpayment. Hong Kong is also favored as a treasury centerlocation due to its dynamic financial sector and superiorphysical and technological infrastructure. Hong Kong’s statusas an offshore RMB hub and close proximity to China make itan ideal location for companies that have or are planning toestablish business operations in the mainland.
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