Generally allowed if subsidiary reimburses parent.
Withholding and Reporting
Income Tax: No withholding required. Reporting required.
Social Insurance Contributions: No.
Securities Restrictions - ESPP
No, provided certain requirements are met.
Exchange Controls - ESPP
None.
Plan Entitlement - ESPP
No, if employee acknowledges discretionary nature of plan.
Discrimination against part-time employees is problematic if predominantly women.
Payroll deductions technically are not permitted.
Data Privacy - ESPP
Need to comply with Hong Kong's Personal Data (Privacy) Ordinance which includes providing notice to employees and obtaining employee consent to collection, use and transfer of data.
