LOWTAX.NET
CONTACT | ABOUT | LEGAL | LINKS     
   NETWORK SITES:
   LOWTAX   
   TAX-NEWS   

Jurisdiction Home Pages

Andorra
Anguilla
Aruba
Australia
Austria
Bahamas
Barbados
Belgium
Belize
Bermuda
Botswana
British Virgin Islands
Brunei
Canada
Cayman Islands
Cook Islands
Costa Rica
Cyprus
Denmark
Dubai
France
Germany
Gibraltar
Greece
Grenada
Guernsey
Hong Kong
Ireland
Isle of Man
Jersey
Labuan
Latvia
Liberia

Liechtenstein
Luxembourg
Madeira
Malaysia
Malta
Marshall Islands
Mauritius
Monaco
The Netherlands
The Netherlands Antilles
Nevis
New Zealand
Panama
Portugal
Russia
Seychelles
Singapore
South Africa
Spain
St. Kitts
St. Vincent and the Grenadines
Switzerland
Turks & Caicos Islands
USA
UK
Vanuatu

Newsletter

To receive monthly updates on new features in lowtax.net and tax-news.com just enter your e-mail address below:

Daily Tax Quote

The Network

3,000 free pages of accurate, timely information

Tax-News.com


Daily, updated news about tax and offshore from our team of 20 international journalists

Lowtax.net

'Low-tax' business and investment in the top 50 jurisdictions covered in exceptional detail

Investors offshore.com


Global information and advice for expatriates and international investors

Offshore-e-com.com

A topical guide to offshore e-commerce focused on tax and regulation

LawAndTax-News.com


Daily news and background data on tax and legal developments for international business

>
LOWTAX OFFSHORE

HONG KONG: INTERNET AND E-COMMERCE FACILITIES


<

BACK TO HONG KONG INFORMATION: BUSINESS, TAXATION AND OFFSHORE

In this Section:

- HONG KONG BUSINESS ENVIRONMENT
- HONG KONG PROFESSIONAL SERVICES
- HONG KONG BANKING AND FINANCIAL SERVICES
-
HONG KONG TELECOMMUNICATIONS
- HONG KONG RESIDENCE AND PROPERTY
- HONG KONG THE LABOUR MARKET


Hong Kong Internet and E-Commerce Facilities

The Internet access business in Hong Kong is highly competitive, with more than 100 providers, with at least 10 of them being substantial and well-financed operations. Internet access is available throughout the SAR.

With a sophisticated telecommunications infrastructure, Hong Kong offers access to broadband connectivity to more than 90% of all households. The take up of broadband services got off to a slow start, but a boom in broadband access took off in 2003. By early 2004, there were about 1.5 million broadband subscribers, representing about 35% of the total Internet subscriber base.

PCCW's Cyberport set out to transform Hong Kong's Internet infrastructure. The Cyberport's goal was to provide the office and residential space for high tech ventures and their employees; the government provided one of the last undeveloped parcels of land on the Hong Kong island for the Cyberport in return for a share in the venture. However, the Cyberport was unlucky with its timing, and when the first phase opened in 2002 only 80% of it quickly let, to five tenants including Microsoft.

In December, 2003, website owners in Hong Kong expressed outrage at plans unveiled by the Hong Kong Domain Name Registration Company to launch a .hk domain in 2004. Current domain name designations in Hong Kong include .com.hk, .edu.hk, and .org.hk, and many website and business owners have argued that they are happy with these categories, and resent being forced to pay again to protect their brand.

Jim Morgan, founder and chief technology officer of security firm Datalude, suggested that the move would "create anarchy", as businesses rush to register domain names with the Hong Kong local authority. "The resulting legal disputes and unfairness would go down in folklore. The other outcome would be that a large amount of money would find its way into Hong Kong Domain's coffers," he predicted.

Mr Morgan also observed that: "I see no real need for the .hk namespace. We already have a .com.hk which conforms, more or less, to accepted international standards."

<

BACK TO HONG KONG INFORMATION: BUSINESS, TAXATION AND OFFSHORE

 

THE LOWTAX LIBRARY

One of the web's largest and most authoritative business and investment information sources. Alongside topical, daily news on worldwide tax developments, you can receive weekly newswires or access up-to-date intelligence reports on a range of legal, tax and investment subjects.

FREE TRIAL NEWS SUBSCRIPTION

Our 16 constantly updated intelligence reports cover every important aspect of 'offshore' and international tax-planning in depth, including banking secrecy, the EU's savings tax directive, offshore funds, e-commerce, offshore gaming and transfer pricing. Reports are available for immediate downloading or as subscription services with news pages.

Advertising & Marketing

With over 50,000 qualified readers every month our web-sites offer a number of cost effective, targeted advertising, sponsorship and marketing opportunities:

Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings

Click here to learn more or contact Peter Wiggins on +44 1424 425933 or email him at peter@lowtax.net

News & Content Solutions

Could your corporate web-site or newsletter benefit from incorporating regularly updated news and content tailored to serve your clients' interests? We can provide a variety of maintenance-free news and content solutions that can be seamlessly integrated and dynamically delivered:

Customised, personalised 'own-brand' news services
Newsletter content and management
News Headlines Tickers

Click here to learn more or contact Peter Wiggins on +44 1424 425933 or email him at peter@lowtax.net

IMPORTANT NOTICE: THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright THE LOWTAX NETWORK 1999 to 2009. Contact us for further information.