Incorporating a private limited company would be your best choice because you will be able to enjoy tax efficiencies when conducting business in Singapore.
DBS Bank Ltd now offers Online Account Opening Service. Visit https://www.dbs.com.hk and click the “Apply Now” button and fill out an online application.
The concept of a shared office is becoming more popular than ever due to a shift in attitude towards using sharing office space. Shared offices are a desirable option, not only in city like Hong Kong where the demand for leases with more flexible terms is massive. Besides the rise of entrepreneurship, there are…
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…
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. …
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…
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.
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.