In a recent tech conference in Toronto, Canada, the Hong Kong government department InvestHK, the Hong Kong Economic and Trade Office in Toronto (Toronto ETO), and StartmeupHK (SMUHK) participated in promoting their offshore ready technology centers to local cryptocurrency and Web3 startups. The focus was on showcasing Hong Kong’s development as a hub for cryptocurrency. It is noted that Canada and the Hong Kong government have signed a double taxation avoidance agreement for over a decade, aimed at preventing double taxation and tax evasion for individuals and businesses.
