MAGNUSSON'S CHINA GROUP
We offer seamless legal services in all countries across the Baltic Sea Region and beyond. Our team comprises some 200 lawyers focused on creating exceptional commercial value to clients both locally and across the entire area. Our clients include domestic and foreign companies as well as public institutions.
The Chinese clients we serve range from large state-owned companies to small family businesses where we provide such services as banking and finance, construction, energy, employment, tax, real estate and construction, M&A, international arbitration, as well as ongoing legal support.
Our understanding of Chinese corporate culture gained through assisting Chinese business enables us to offer excellent advice also to European companies doing business with Chinese partners.
MAGNUSSON SHORTLISTED FOR THE BRITISH LEGAL AWARDS 2017
Magnusson is delighted to be shortlisted for European Law Firm of the Year in the British Legal Awards 2017.read more
FINLAND 100 EXPO IN HONG KONG
Magnusson was represented in Finland 100 Expo in Hong Kong on 10 May 2017.read more
AGREEMENTS FOR EXCHANGE OF INFORMATION BETWEEN HONG KONG AND NORDICS ENTER INTO FORCE
One consequence of the 2008-09 Global Financial Crisis was a new international consensus regarding the need to eliminate offshore tax evasion. While tax rates in Hong Kong are relatively low by northern European standards (income tax of 15% for individuals; 16.5% profits tax for corporations), this alone would not necessarily constitute an issue within the context of Hong Kong’s relationship with its international trading partners. The OECD did however point out, via its Global Forum on Transparency and Exchange of Information for Tax purposes, that there was a need to improve the mechanisms for exchange of tax information between Hong Kong and other countries. Failure to comply with the requirements of the Global Forum may ultimately lead to the international community pursuing different types of sanctions against the jurisdiction in question.read more