On 27 February 2019, Hong Kong Financial Secretary Paul MP Chan delivered the 2019-20 Budget. Some of the main measures of the budget include:

• A reduction in the profits tax for the year of assessment 2018-19 by 75%, subject to a ceiling of HKD 20,000 (also applies for salaries tax and tax under personal assessment);
• A waiver of business registration fees for one year (from 1 April 2019 to 31 …