Deloitte launches taxation service center in HK
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Deloitte, one of the Big Four auditors in the world, announced on Monday the launch of its Asia Pacific International Core of Excellence (AP ICE) in Hong Kong, to provide international taxation services to Asia Pacific based companies investing abroad as well as multinational companies investing in the region.
The HK based AP ICE has a team of 21 senior tax professionals from 15 tax jurisdictions including Australia, Canada, China, France, Germany, India, Japan, Singapore, the Republic of Korea, the United Kingdom and the United States.
Deloitte's Co-Leader for AP ICE Zheng Lili said HK was chosen for its strategic location in the Asia Pacific Region and as the gateway to and from the Chinese mainland.
"We expect significant consulting business opportunities from the growing number of Mainland companies investing abroad, as well as businesses coming into or expanding in the region. We deem Hong Kong as a perfect base for us to assist these companies to develop in the region," said Zheng.
Director-General of Investment Promotion at Invest Hong Kong, Simon Galpin, warmly welcomed the establishment of AP ICE in Hong Kong.
Representing the department under the Hong Kong Special Administrative Region government, he said the launch of Deloitte's AP ICE showed their confidence in HK as a strategic business center.
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