After more than three years of releasing of Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, the Guangdong Provincial Local Financial Supervision Bureau and relevant departments have actively introduced detailed implementation measures to promote the continuous deepening of financial cooperation between Guangdong, Hong Kong and Macao. New breakthroughs have been made in financial reform and innovation in the three Guangdong-Hong Kong-Macao cooperation platforms of Hengqin, Qianhai and Nansha, and the three major financial infrastructure of the Shenzhen Stock Exchange, Hong Kong Stock Exchange and Guangzhou Futures Exchange have been improved. 

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Known as a financial hub, Hong Kong represents a gateway for international investors seeking to enter the Chinese market. Companies in Hong Kong have been at the centre of innovation in terms of fintech, and the growing green finance. With efforts made by institutions such as Hong Kong Monetary Authority (HKMA), People's Bank of China (PBoC) and the Monetary Authority of Macao (AMCM), new schemes like the Cross-boundary Wealth Management Connect Pilot Scheme (WMP) are being tested and implemented. 

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During this webinar co-organized by EU Chamber in China and EU Chamber in Hong Kong, we will share the latest tax situation and recent emerging trends in GBA and our speakers will explore the "one country, two systems, and three tax jurisdictions" hence the difference in taxation framework between China-Mainland, HKSAR, and MCSAR. We will also give time to discuss the Foreign Investment operations in GBA, a focus on financial institutions and the IIT subsidy. 

Moreover, we will see how Hong Kong's simple and transparent tax regime can serve foreign firms and how it offers unique connectivity with mainland China for capital, regulation, standards, data, and more. 

16:00-16:05 Opening and Welcome Remarks

• Mr. Inaki Amate, Vice Chair of European Chamber Hongkong, Partner at EY

• Mr. Fabian Blake, Vice Chair of European Chamber South China Chapter and Managing Director

of AMS Group

16:05-17:00 Speakers' Presentations

• Mr. King Au, the Executive Director of the Financial Services Development Council

• Mr. Aaron Finley, EuroCham South China Finance & Taxation Working Group Chair, Deloitte

(China)

• Ms. Clara Tsui, Partner, Tax & China Business Advisory Services at PwC

17:00-17:30 Q&A

Moderated by Mr. Alminas Zaldokas, Associate Professor of Finance, HKUST