Relocation of Inland Revenue Department Offices

IRD offices is going to move to the Inland Revenue Centre in Kowloon. The arrangement is scheduled by phases from late 2022 to early 2023. However, 4 offices will remain in Wanchai Revenue Tower: What are the actual relocation dates of each Inland Revenue Department? The actual relocation dates of individual offices / sections will …

CHINA: 5+3 NEW QUARANTINE POLICY FOR TRAVELLERS

China’s National Health Commission (NHC) announced to reduce the mandatory quarantine period for foreign arrivals from 7 days to 5 days. And followed by 3 days of medical surveillance at home. So, we call it 5+3 quarantine policy. Inbound arrivals still need to undergo 6 nucleic acid test (NAT) and prohibit to go outside during …

NEW INSPECTION REGIME FOR PERSONAL DATA ARRANGEMENT

Under the Companies Registry, the Companies Ordinance (Cap. 622) (“CO”) provided for a new inspection regime for personal data on the Companies Register (“the Register”) In the past, the general public supposed to have the right to access the Companies Registry information. For instance, the director’s usual address and full identification numbers, full identification numbers …

COMPANIES REGISTRY – NEW INSPECTION REGIME PHASE 2

Further the new inspection regime for the Company Register. Phase 1 of a new inspection regime of the Companies Register under the Companies Ordinance (Cap. 622) commenced on 23 August 2021. Then Phase 2 will commence on 24th October 2022. What will Phase 2 of the new inspection regime cover? Under Phase 2 of the …

TYPES OF MPF EARLY WITHDRAWAL

Under the Mandatory Provident Fund (MPF) Legislation, you can’t withdrawal MPF until you are 65-year-old. However, you can withdraw your MPF earlier under below circumstances: Early Retirement Withdrawal If you are reaching age 60 and no more employment. Then you have to make a statutory declaration that you have no intention of becoming employed or …

HONG KONG POLICY ADDRESS 2022 HIGHLIGHT

Hong Kong Chief Executive Mr. John Lee delivered his first Policy Address on 19th October, 2022. The Policy Address mentioned Hong Kong is undergoing profound changes unseen in a century. Notwithstanding the challenges, Hong Kong still the strongest business environment worldwide. As Hong Kong has own overriding advantages and enjoys abundant opportunities under the “One …

STAMPING OF SHARE TRANSFER IN HONG KONG

Share Transfers Share Transfers happens in any businesses, your Company Secretary or Agent will prepare a Contract Notes. The Contract Notes are required to be executed and stamped within a timeframe. What’s within the Contract Note for a share transfer? According to the Stamp Duty Ordinance (Cap. 17), the contract note should contain the following …

LATEST ARRANGEMENT OF VACCINE PASS IN HONG KONG

What’s NEW with the VACCINE PASS? Starting from 30th September 2022, children aged between 5 to 11 have to comply with the specified vaccination requirements. Children need to show the valid vaccine pass when entering any applicable premises. That is: Having received 2 doses of COVID-19 vaccine; or Within 3 months after receiving the 2nd …

EARLY WITHDRAWAL OF MPF

Previously, Centre O have talked about the circumstances for Early Withdrawal of MPF. Let us recap the scenarios: Early Retirement Permanent Departure from Hong Kong Total Incapacity Terminal Illness Small Balance Death Required documents for Early Withdrawal of MPF If you experiences any of the circumstances above and decide to withdraw your MPF. Then you …

HONG KONG NEW 0+3 QUARANTINE MEDICAL SURVEILLANCE POLICY UPDATED

Started from 26 September 2022, arrivals to Hong Kong NO longer needed to isolate in a designated quarantine in a hotel. Instead, inbound travellers can choose to undergo 3 days of medical surveillance at home or at a hotel. During the medical surveillance, they can leave home, but restricted to visit premises like eat-in in …