Category: Hong Kong

Simplest Representation Model First, there are three concepts involved in the simplest representation model. There are principal, agent and third party. There are principal, agent and third party. The principal is hiring other one to do something for them that they cannot do for themselves. So, the agent performs certain actions on behalf of the…

Hong Kong has been relying on its simple and low tax system for several years to attract talent and capital in order to maintain competitiveness. Are there any flaws in our tax regime? In order to investigate the strength and weakness of our taxation system, we have explored seven key criteria of a good taxation…