Hong Kong Stationery fair is back The 18th Hong Kong Stationery Fair will be held from the 8th of January to the 11th of January. This year it will be in the Hong Kong Convention and Exhibition Centre. More, the admission is only free for trade visitors who are 18 years or older. Also, there will …
Monthly Archives: December 2017
Merry Christmas from Centre O Team
All Centre O team wishes you and your loved ones a Merry Christmas! Happy festive season
Value of Shares
The value of a shareholder’s stake in the company (their share) can rise and fall. For a quick example, John and Mary each own half of the shares of the Goodwill Company Ltd.; this company has shared capital of HK$500,000, divided into 50,000 shares of HK$10 each. The company therefore has a capital of $500,000 for …
CHASE PAYMENTS AND RECOVER DEBT
For small business, debt recovery is a major issue. This is especially stressful when margins are tight. Understanding how to deal with late payments and debts is crucial to managing a company efficiently. In order to prevent late payment issues, you can take a number of steps. The first one being conducting background checks on …
Business Referral Agreement
When a business is collaborating with another business to provide referrals, it would be smart to outline the agreement with a Business Referral Agreement. This agreement delineate details including: How much?, When?, and How the referrer will be paid? This type of agreement can help support the development of your business. For more information on Hong Kong …
LATE PAYMENT LETTERS
Sending late payment letters is a useful way to chase overdue invoices. Sending this type of letter should prompt the customer to pay the overdue amount. If the debt remains outstanding, you should send a second payment reminder letter at a time you deem reasonable, taking into account the number of days you have given the client to …
Commercial Bank Account Opening
Commercial Bank Account Opening in Hong Kong Are you having trouble getting a commercial bank account in Hong Kong? You might have noticed the continuous changing of bank rules, new regulations, and compliances. These cause a lot of traditional banks in Hong Kong are turning businesses away. Many clients are expressing to us that they are just running a straightforward e-commerce business or a …
CONSIGNMENT AGREEMENT
If the supplier of a good wishes to retain ownership of the said good when it is being sold by another party, a Consignment Agreement is necessary. This document is specially created for the instance when a consigner (person or a business) entrusts goods to a middleman for the purpose of selling goods to an end customer. In this arrangement, the consigner …
ISSUE INVOICES ON TIME
ISSUE INVOICES ON TIME Getting the money owed to you is key to surviving the start-up phase. An invoice breaks down the costs provided, the total amount due, and how the customer should pay for their received bill. By using an invoice, you can keep track of who has paid, who has not paid, and the …
Business of Intellectual Property Asia Forum
The Business of Intellectual Property Asia Forum (BIP Asia) The Business of Intellectual Property Asia Forum (BIP Asia) will be held from the 7th of December to the 8th of December. Further, it will be at the Hong Kong Convention and Exhibition Centre. Also, it is the seventh edition of this of the Forum. This …
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