• Hong Kong - Switzerland
    Provisions of Tax Treaty Come Into Effect


    The provisions of the tax treaty between Hong Kong and Switzerland came into effect on 1 January 2013 in Switzerland. In Hong Kong, the provisions will come into effect on 1 April 2013.

    The treaty was signed on 4 October 2011 and came into force on 15 October 2012.

    As per the treaty the following withholding taxes will apply:

    • Dividends:
      • 0% if the beneficial owner of the dividends is a company (other than a partnership) which holds directly at least 10% of the capital of the company paying the dividends or a pension fund or pension scheme.
      • 10% in all other cases.

      • Interest: 0% withholding tax on interest.

      • Royalties: 3% withholding tax on royalties.
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