Latest news for your Hong Kong company

When operating a business in Hong Kong, employers need to constantly follow the various reporting obligations set by the IRD. The obligations extend from disclosing the company’s financial statements to the information regarding their employees in the form of an Employer’s Return. But what is an…

In response to the unpredicted outbreak of the COVID-19, two of the largest Singapore bank partners, DBS and OCBC banks have now started offering favorable solutions such as opening an offshore bank account online to support clients and customers globally.  As of now, customers can enjoy…

In the international financial center of Hong Kong, there is an array of bank options available for companies as both Hong Kong bank accounts and international bank accounts. Setting up a Hong Kong business bank account is not overly complicated, but there…

The simplified tax regulations and low-tax regime make Hong Kong a booming city and an investment center not only in Asia but around the world. Many business owners have started establishing their ventures in Hong Kong to enjoy the business-friendly environment and tax incentives and allowances.

Interested in an attractive business regime and low-taxation system for your global operations? While starting a new business can be difficult, finding the right place to open a company will provide you the extra boost to become a success. The city of Hong Kong is positioned as one of the…

Hong Kong is renowned for its low and simple tax regime and the world’s most business-friendly jurisdiction. This simple tax system, with low personal and corporate tax rates, has allowed Hong Kong to emerge as one of the preferred locations for global enterprises across Asia. If you have decided to…

Like any other jurisdiction in the world, Hong Kong private companies operate with company directors. These directors are not only responsible for carrying out the company’s operations, but are also required to follow the general law and the rules stated in the company’s Articles of Association. In order to act…

An essential aspect of the overall development and growth of a company is understanding its share capital structure. Following the new Companies Ordinance (Cap. 622), every incorporated limited company in Hong Kong should follow the…

Every limited company in Hong Kong needs to have a company name to commence operations. So without a name, companies can’t start their business. Let’s suppose you have chosen a name and started the company, but…

Confused about when to hire an accountant for your small business in Hong Kong? Going through loads of paperwork just to get your company accounts up to date? To run a business successfully, it is important to handle and organize all the company paperwork. This is why…