Understanding Hong Kong’s new tax concession for ship leasing

When it comes to financial leasing of ships Hong Kong makes for a natural choice with both its highly developed maritime cluster and unique access to the mainland Chinese market.

Building on this strong foundation for ship leasing Hong Kong’s much anticipated new ship leasing tax concession initiative came into effect in June. The concession follows similar successful for the aircraft leasing sector.

But what does this concession mean for a shipowner or manager looking to do leasing business in Hong Kong?

Watch the video to find out more.