With a strong presence in Greater China and also able to leverage vast tax-focused resources throughout its international network of offices, Baker McKenzie is well-positioned to advise local clients, as well as international companies with operations in Hong Kong, across a myriad domestic and cross-border contentious/non-contentious matters. Team head Pierre Chan's own practice is reflective of the eclectic nature of work handled by the team as a whole, being as adept at handling complex succession planning tax issues for high-net-worth individuals as he is advising large financial institutions and corporations on income tax and stamp duty matters. Chan has also been increasingly active of late advising on contentious matters, both in terms of audit responses and core litigation - a reflection of the general heightened scrutiny the authorities have placed on falling more into line with current international tax standards. Steven Sieker also regularly represents clients in tax disputes with the Hong Kong Inland Revenue, as well as helping clients formulate robust risk management strategies to avoid scrutiny. Amy Ling is also a key member of the team and regularly advises multinational corporates on the PRC tax implications of investment activity on the Mainland.
Domestic and International Corporate Tax in Hong Kong
Baker McKenzie
Responsables de la pratique:
Pierre Chan
Autres avocats clés:
Steven Sieker; Amy Ling; Carrie Lui; Calista Li
Principaux dossiers
DLA Piper
Led from Hong Kong by Anderson Lam and also working in a very cohesive manner with the Mainland China group and its broader international network, DLA Piper remains a popular choice for large multinational entities, as well as a growing number of China-based companies, across a myriad advisory and transactional work. A reflection of the authorities' heightened vigilance, the team has also been very active of late attempting to secure advanced rulings for corporates ahead of planned transactions. In addition, it has been increasingly busy responding to formal inquires and on tax audit matters, as well as in context of formal litigation. Although corporate tax work still informs the majority of the workflow, Lam has also made increased inroads into the private client field, acting for HNWIs on succession planning and attendant tax efficient trust establishment. Associates Edith Liu and Lilian Ip consistently support Lam, particularly with the tax elements of corporate restructuring projects.
Responsables de la pratique:
Anderson Lam
Autres avocats clés:
Edith Liu, Lilian Ip
Les références
‘Anderson Lam provides practical solutions.’
Principaux dossiers
Gibson Dunn
Drawing upon a ‘deep knowledge of tax law’, the ‘extremely hard working’ team at Gibson Dunn excels in handling complex contentious work for global and regional companies, funds and private clients (including HNWIs and family offices). The scope of this work is broad and includes audit inquiries, tax disputes and appeals, as well as risk management advice. Indeed, the ‘outstanding’ team heads Brian Gilchrist and Elaine Chen are recommended not only for their ability ‘to get you out of trouble’ but also ‘better still, to keep you out of trouble’.
Responsables de la pratique:
Elaine Chen; Brian Gilchrist
Les références
‘The team has the ability to structure transactions in the most efficient way, with an instinct for the right answer.’
‘It is a strong team with deep knowledge of tax law and is extremely hard working in delivering service.’
‘The outstanding Brian Gilchrist and Elaine Chen have vast experience in dealing with tax matters: you can rely on them to get you out of trouble and, better still, to keep you out of trouble.’
Principaux dossiers
Morrison & Foerster
Leveraging 'good basic understanding of tax laws across jurisdictions', Morrison & Foerster is particularly skilled at advising on cross-border tax structuring work associated with transactions handled by the firm. In this context, 'very commercial and extremely responsive' New York-qualified team head Matthew Lau excels in advising Asian corporates on the tax law issues associated with their US corporate/M&A activity. Zhifei Xie is also a key member of the team and is particularly focused on advising US and Asia-based fund sponsors and investors on tax issues in relation to the formation of, and investments in private funds.
Responsables de la pratique:
Matthew Lau
Autres avocats clés:
Zhifei Xie
Les références
‘They have strong skills especially in understanding and distilling issues across jurisdictions. They are also willing to ask the right questions which helps analyse/narrow down issues for clients.’
‘They tend to have a good basic understanding of tax laws across jurisdictions which helps them formulate the right questions rather than starting from scratch.’
‘They are one of the very few international firms that have a US tax practice in HK, which is a very big advantage because they can serve Asian clients on US tax matters in the same time zone.’
Principaux clients
GLP Pte. Ltd.
SoftBank Group/ SoftBank Vision Fund/ SoftBank Ventures Asia
China Investment Corporation (CIC)
Alibaba Group Holding Limited
Visa
BlackRock Group Limited
Tate & Lyle PLC
Ping An Insurance
Sino-Ocean Capital
Ascendent Capital Partners Asia
Morgan Stanley Private Equity Asia
FWD Group
Savills Investment Management
TDK Corporation
Fujitsu Limited
Renesas Electronics Corporation
ON Semiconductor Corporation
NTT Communications
Sekisui House Ltd.
Daiwa House Industry Co., Ltd.
Mitsui Chemicals Inc.
Hitachi, Ltd.
Nissan Motor Corporation
Sumitomo Corporation
Veoneer, Inc.
Amperex Technology Limited
Ally Bridge Group
Silver Crest Acquisition Corporation
Hillhouse Capital Management
Celadon Holdings, LLC
Principaux dossiers
- Advised Sekisui House, Ltd. on the tax aspects of its $4.9bn acquisition of M.D.C. Holdings, Inc., a large US homebuilder listed on the NYSE.
- Advised Ascendent Capital Partners on the tax aspects of its $1.66bn acquisition of Nasdaq-listed Hollysys Automation Technologies Ltd., a leading automation control system solutions provider in China.
- Advising IndoSpace in connection with the formation of IndoSpace Logistics Parks IV LP, the company’s fourth development vehicle, targeting $600m of total equity commitments.
LPA Law
Acting on its own as well as often alongside other international offices at the firm, LPA Law excels at advising fast-growing businesses and international companies across a range of domestic and international tax-related issues, including income tax, transfer pricing, and tax structuring across multiple sectors. Leveraging its French heritage (and regularly working alongside the firm’s Paris headquarters), the team, which is led by Nicolas Vanderchmitt, is particularly skilled at advising French companies on tax issues associated with their Hong Kong/PRC investment activity. Splitting her time between Paris and Hong Kong, counsel Marie-Gabrielle du Bourblanc is also very skilled at handling tax matters with a French nexus, including advice to executives and employees (local or expatriate) on issues related to their mobility (departure to Asia, return to France).
Responsables de la pratique:
Nicolas Vanderchmitt
Autres avocats clés:
Marie-Gabrielle du Bourblanc
Principaux dossiers
Oldham, Li & Nie
Led by Anna Chan, one of several in the team with dual legal and accountancy qualifications, Oldham, Li & Nie provides a one-stop-shop service to corporates and HNWIs across a wide range of tax advisory, contentious planning and transactional mandates. The team also benefits from the support of Victor Ng, who provides assistance to corporations and individuals on international tax planning, particularly as it relates to Hong Kong, China, and the EU.
Responsables de la pratique:
Anna Chan
Autres avocats clés:
Victor Ng; Gon Yeung; Kacy Lam; Martin Tse; Barbara Kwong; Gareth Leung
Principaux clients
Altmax Holding
Factor Arbitrage System Trading Limited
Hunglow Limited
Principaux dossiers
- Advised a Seychelles-incorporated and Guernsey tax-registered Sports Trading company on possible tax liabilities or adverse tax implications in Guernsey, Seychelles and Hong Kong with regards to the shareholding structure of the client, corporate shareholders and UBOs in Delaware, Nevada, New Zealand, Singapore and Hong Kong.
- Acted for Hunglow Limited in lodging an offshore claim and defending a District Court Tax Claim action.
- Advised Altmax Holding Ltd on the tax implications on a series of intra-group restructuring transactions and the consequential procedural matters.