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:
EUCED - European Network for Economic Cooperation and Development is a European Economic Interest Grouping (EEIG), as per EU Council Regulation # 2137/85, established for European and worldwide economic and development operations. As well as, the status of an European Business Association.Read more