| Journal Call no. | HF331.H6A4 |
|---|---|
| Author | Wilson, Neil. |
| Article Title | Late bid for captive supremacy : Hong Kong projects itself as ideal domicile for captives / Neil Wilson. |
| Is Part Of | Amcham ; v.30, no.8, Aug 1998, p.4-6, illus. |
| Abstract | Conglomerates with enough financial muscle generally have a captive, a subsidiary set up to insure companies within a group. About 3,400 captives are operating worldwide, mostly in tax havens like Bermuda and Cayman Islands. Not to be left out, Hong Kong has started a late bid for the captive pie, pointing out its low tax rate, good infrastructure and proximity to the China market. |