Hong Kong Ship Leasing Tax Regime

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To strengthen Hong Kong’s role as a global maritime centre, the Inland Revenue (Amendment) (Ship Leasing Tax Concessions) Bill 2020, which introduces concessionary tax measures for qualifying ship lessors and ship leasing managers, was passed in June 2020.

The new tax regime applies to revenue earned on or after 1 April 2020. Under the new scheme the tax rate on the qualifying profits of ship lessors carrying out operating lease and finance lease activities is 0%. The tax rate on the qualifying profits of ship leasing managers is 0% or 8.25%.

Visit the HKSAR government websites for more information.
Press Release
The Ordinance