Source: Hong Kong Government special administrative region
Following is the speech by the Financial Secretary, Mr Paul Chan, at the World Intellectual Property Day Reception 2026 today (April 21):
Algernon (Secretary for Commerce and Economic Development, Mr Algernon Yau), David (Director of Intellectual Property, Mr David Wong), consuls-general, distinguished guests, ladies and gentlemen,
On the tax front, we have advanced a series of reforms over the years. For example, the patent box regime is now in place. Qualifying IP income is taxed at a concessionary rate of 5 per cent, compared to the standard profits tax rate of 16.5 per cent.