Hong Kong - Tax Incentives for Environmentally Friendly Commercial Vehicles China 2008

Name of policy Hong Kong - Tax Incentives for Environmentally Friendly Commercial Vehicles
Jurisdiction Subnational region or state
Supranational region
Country China
Region Asia


Subnational region or state
City or local
Policy objective
  • Mitigation
  • Air pollution
Type of policy instrument
  • Economic Instruments
    • Fiscal or financial incentives
      • Tax relief
  • Regulatory Instruments
    • Codes and standards
      • Obligation schemes
      • Policy support
        Sector name
        • Transport
          • Heavy duty vehicles
          • Light duty vehicles
        Policy description As of 1 April 2008, Hong Kongs Environmental Protection Department (EPD) has implemented an incentive scheme to encourage investment in environmentally friendly commercial vehicles meeting Euro V emission standards for heavy-duty and light-duty diesel vehicles.

        Owners of such vehicles are offered a reduction in their First Registration Tax (FRT).

        Under the tax concession scheme commercial vehicles include taxis, light-, medium- and heavy-goods vehicles, public and private light buses, public and private non-franchised buses and special purposes vehicles.

        Policy type
        • Energy efficiency
        • Nuclear or CCS or fuel switch2
        Policy stringency
        Implementation state Implemented
        Date of decision 2008
        Start date of implementation
        End date of implementation
        High impact No
        Impact indicator


        Source or references http://www.epd.gov.hk/epd/english/environmentinhk/air/prob_solutions/environment_friendly_commercial_vehicles.html

        http://www.iea.org/policiesandmeasures/pams/china

        Supports policies
        Is supported by policies
        Comments (background and assessment)
        Status Final

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