Worldway Comprehensive News: On December 11, Financial Secretary John Tsang, representing the Government of the Hong Kong Special Administrative Region, signed an agreement in Dubai with the United Arab Emirates (UAE) for the avoidance of double taxation. John Tsang stated: "This agreement is the 32nd comprehensive agreement for the avoidance of double taxation (CDTA) that Hong Kong has signed with its trading partners." John Tsang welcomed the CDTA and noted that it clarifies the taxing rights of both parties, helping investors more effectively assess their potential tax burdens in cross-border economic activities.
John Tsang remarked: "The CDTA will help promote economic and trade ties between the two places and further encourage companies in the UAE and Hong Kong to invest and do business in each other's territories."
Worldway experts point out: Hong Kong is a tax-friendly jurisdiction with no global taxation policy, tax rates as low as 16.5%, and no capital gains tax or inheritance tax. Furthermore, Hong Kong possesses clean air, international education, and high-quality living standards comparable to those in Western countries. At the same time, for residents of the Mainland, Hong Kong is closer in proximity, making it the primary choice for immigration.
Additionally, Hong Kong has a geographic location backed by the Mainland, with similar cultural ties and close economic connections. Investment immigrants do not need to fulfill long-term residency requirements (often called "immigration jail") in Hong Kong, making business travel more convenient. For Mainland entrepreneurs, Hong Kong is an ideal choice for managing businesses, preserving assets, and developing international operations. Since the HKSAR government launched the "Capital Investment Entrant Scheme" eleven years ago, it has attracted tens of thousands of Mainland families to settle here.
Worldway Group is headquartered in Hong Kong. Over the past decade, clients who have processed their Hong Kong investment residency through Worldway have accounted for a 1/3 market share. Worldway is highly familiar with the Hong Kong legal system and possesses a first-class Hong Kong customer service team imbued with a century of Hong Kong professional culture, along with a comprehensive client service system. We provide applicants and their dependents with over twenty types of follow-up services spanning seven years, including investment consulting, resettling, property purchase, education, childbirth, business operations, and financial and tax matters.
