Investor Presentaiton

Appendix: enhanced tax exemption conditions for private funds (effective since 1 April 2019) (cont'd) Profits tax exemption eligibility for profits generated from investment in private companies by private funds - broadbrush overview SFC 證監會 Does the private company hold≤ 10% Yes Yes Has the private company been held by Tax-exempted of its assets in the fund for ≥2 years? immovable property in Hong Kong ? No No Is the private company controlled by the fund? No Tax-exempted Yes Does the private company Yes hold 50% value of its Tax-exempted assets in short-term assets? No Not tax-exempted Not tax-exempted 36

View entire presentation