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 Hong Kong, New Zealand sign tax pact
Hong Kong signed an agreement with New Zealand for the avoidance of double taxation and the prevention of tax evasion.
The Financial Secretary, Mr John C Tsang, signed the agreement in Auckland (December 1) on behalf of the Hong Kong Special Administrative Region Government. New Zealand's Deputy Prime Minister and Minister of Finance, Mr Bill English, signed on behalf of his Government.
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 Financial Secretary visits New Zealand
The Financial Secretary, Mr John C Tsang, arrived in Auckland, New Zealand on November 30 on a two-day visit seeking to further expand business ties between Hong Kong and New Zealand. New Zealand was the first leg of Mr Tsang's four-country visit followed by Chile, Brazil and the United States.
During his stay in Auckland, Mr Tsang held a meeting with New Zealand's Deputy Prime Minister and Minister of Finance, Mr Bill English, and the Minister of Revenue, Mr Peter Dunne, to discuss issues of mutual concern. This was followed by the signing of an agreement between Hong Kong and New Zealand on the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
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 Visit to heart of North Island, NZ
Director of HKETO, Mr Steve Barclay and his deputy, Ms Linda Law went on a five-day visit to North Island, New Zealand (NZ) in early December to get first hand experience of the area and promote the business and trade opportunities of Hong Kong.
They held meetings and speaking engagements and called on exporters, local businesses, export and trade associations at the cities of Auckland, Tauranga, Rotorua and Hamilton.
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 Hong Kong stays on top of World Bank business-friendly list
"Hong Kong has maintained its position among the leading economies in the World Bank's Doing Business survey, confirming its reputation as one of the best places in which to do business," said Steve Barclay, Director (Representative to Australia/ New Zealand)HKETO.
Hong Kong ranked second in Doing Business 2011: Making a Difference for Entrepreneurs, the eighth in a series of annual reports published by IFC and the World Bank that ranks 183 economies on key aspects of business regulation for domestic firms.
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