Hong Kong Profits Tax

Thursday, September 22nd, 2016

Total income for a company through a financial year is further categorized into “assessable profits”. This “assessable profits” is total income less other non-taxable deductions/additions, such as interest, depreciation, charitable donations, and others. Hong Kong profits tax is then chargeable on this “assessable profits” for each year of assessment, at a rate of 16.5 % for limited companies.

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Nominee Services

Thursday, September 22nd, 2016

Hong Kong companies are totally transparent and personal information of the company directors and shareholders are made public. That is also one of the most common reasons why entities in Hong Kong consider appointing nominee directors and shareholders.

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Happy Mid-Autumn Festival!

Wednesday, September 14th, 2016

Happy Mid-Autumn Festival! Please note our office in Hong Kong will be closed on Friday, September 16th, 2016 for national holidays for Mid-Autumn Festival. We will resume operation on Monday, September 19th, 2016. If there are any urgent matters to be processed, please advise us as early as possible.   http://www.freepik.com/free-vector/happy-mid-autumn-festival-with-lanterns-and-moon_926502.htm”>Designed by Freepik</

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Support a good cause!

Monday, September 12th, 2016

Even the smallest actions can make a big difference!

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Hong Kong’s economy grew at the fastest pace since March 2011

Tuesday, August 16th, 2016

Hong Kong’s economy recovered in second quarter    Hong Kong’s economy has increased by 1.7 per cent in the second quarter of the year.

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Hong Kong banks to ease up on firms struggling to open accounts

Friday, August 12th, 2016

More good news is coming from Hong Kong banks. After a flood of complaints from business owners who were having trouble opening new accounts due to strict international anti-fraud regulations, Hong Kong’s Monetary Authority will introduce new guidelines to help banks better conduct the risk-based approach in granting and retaining accounts.

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Bank Account in Hong Kong easy to open again!

Wednesday, August 3rd, 2016

Earlier this year banks around the world tightened requirements for new bank accounts and many control measures have been put in place as a result of intense pressure from regulators particularly from the perspective of anti-money laundering and terrorist financing. 

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Why a Hong Kong entity should own a Chinese WFOE?

Friday, July 29th, 2016

A Wholly Foreign-Owned Enterprise is an investment vehicle for mainland China based business wherein foreign parties can incorporated a foreign owned limited company. Unlike most other investment entities in China, there is no need to involve a mainland Chinese investor.

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Business License and Permit in Hong Kong

Wednesday, July 13th, 2016

Certain business activities in Hong Kong require obtaining a special license in order to legally operate. Basically, there are two types of licenses:

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Hong Kong Special Administrative Region Establishment Day: Office Hours

Wednesday, June 29th, 2016

Please note that our office in Hong Kong will be closed on Friday, July 1st 2016 for national holidays for Hong Kong Special Administrative Region Establishment Day. We will resume operation on Monday, July 4th, 2016. If there are any urgent matters to be processed, please advise us as early as possible.

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