Hong Kong’s crypto hub ambitions in spite of China’s crackdown – CNBC

// Hong Kong has a relatively low tax policy on businesses: corporate tax rate for the first 2 million Hong Kong dollars ($254,930) of assessable profit is at 8.25%, while any profit above that amount is taxed at 16.5%.

But compared to other crypto hubs like Dubai, which charges a flat rate of 9%, and Switzerland — with a 8.5% corporate rate, “it’s still not that competitive," he said. https://www.cnbc.com/2023/03/20/hong-kongs-crypto-hub-ambitions-in-spite-of-chinas-crackdown.html //


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