Further Liberalisation Measures to Facilitate the Legal Sector
To facilitate the Hong Kong legal sector in further exploring business opportunities in the Mainland market, the restriction on the minimum capital input ratio of the Hong Kong partner firms in partnership associations set up by Hong Kong and Mainland law firms has been removed. In addition, Hong Kong legal practitioners are allowed to be retained as legal consultants in the Mainland by one to three Mainland law firms simultaneously, and the relevant approval requirements have been replaced by filing procedures.
