Mr Kong Seng Hin

Kong Seng Hin

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Private Client & Offshore Services

Fiscal consequences of offshore regime revocation
Macau | 11 July 2019

Macau's offshore regime will be revoked on 1 January 2021. While the main reason for establishing an offshore company is to take advantage of an offshore regime, primarily for tax benefits, in light of this impending revocation, such advantages will soon be inapplicable to offshore companies established in Macau.