Jersey aims for more business from Far East

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Jersey has signed a Double Taxation Agreement (DTA) with Hong Kong, seen as another key step in growing business in the region.

Signed by Jersey’s Chief Minister Senator Ian Gorst and Hong Kong’s Secretary for Financial Services and the Treasury Professor K C Chan, the agreement reinforces the focus Jersey’s finance industry has on building business in the region. As well as strengthening the ability to exchange requested tax information with Hong Kong, the agreement is expected to bring significant commercial benefits to Jersey’s finance industry, resolving issues relating to potential double taxation of both corporate and personal taxes. Jersey Finance has had a permanent office in Hong Kong since 2009 and f...

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