Introduction of Business Environment in Hong Kong

Background  Hong Kong is a Special Administrative Region of the People’s Republic of China (“PRC”). Not only providing a safe and secure business environment to all. It also benefits from locating on the eastern Pearl River Delta of the South China Sea. With over 7.5 million people of various nationalities in a 1,104-square-kilometre territory. Hong …

Video Conferencing During the COVID-19 Pandemic

With face-to-face meetings being cancelled due to the outbreak of the COVID-19 pandemic. Individuals have turned to video conferencing platforms, such as Zoom or Microsoft team etc. to maintain productivity and keep in touch with colleagues and customers. Let’s us introduce a quick guide for those who haven’t tried. Free Plan The good news is …

Hong Kong Limited Company Deregistration Process

Points to Keep in Mind Even though it might seem like something sensible to do, unless it is completely necessary. Otherwise, we have to think deep before the final decision. Before we want to move ahead and de-register the company in Hong Kong. There are other points we have to consider:  It is the obligation …

Holding Annual General Meeting during COVID-19

What do you need to be aware of  when Holding Annual General Meeting during COVID-19. Annual General Meeting (AGM) provides one of the few opportunities shareholders have to question the board, engage directly with management, and hear the views of other shareholders. With the outbreak of the COVID-19 is causing companies to well plan ahead with …

Special 100% Loan Guaranteed Scheme for SMEs in Hong Kong

In the Budget 2020-2021, the Financial Secretary announces that HKMC Insurance Limited (HKMCI) will introduce special 100% Loan Guaranteed Scheme. The load Guarantee is under the SME Financing Guarantee Scheme (SFGS). The new measure aims to alleviate the burden of paying employee wages and rents by small and medium-sized enterprises (SMEs).  For those are suffering …

HongKong Post Services to Certain Destinations Suspended

It is coIt should be noted the substantial reduction in flight frequencies or even cancellation of flights to destinations in the below list by airlines. The results in no provision of air traffic capacity, Hongkong Post announced on 31st March.2020. There is a service suspension of Airmail (including Speedpost). Public can consider using surface mail service …

Census and Statistics Department Survey of Employment and Vacancies

Many people may ask what is Census and Statistics Department (C&SD)?  This department provide major social and economic official statistics  about companies in Hong Kong. The law governing the work of the C&SD is the Census and Statistics Ordinance ( Chapter 316). C&SD provides census of population and collection, compilation and publication of statistical information …

Latest arrangements for public services of Inland Revenue Department

In view of the latest situation of COVID-19 and in response to the Government’s announcement that limited service arrangements for government departments will be implemented to reduce social contact, the Inland Revenue Department announced from tomorrow (March 23, 2020) it will suspend the provision of all of its services, except for the following: Offices Opening …

Relief Measures to Businesses in Hong Kong 2020

The Hong Kong government implement relief measures to businesses on electricity and water and sewage fees. Firstly, subsidising 75% of electricity charges for four extra months, subject to a monthly cap of HK$5,000, for non-residential accounts.  Secondly, waiving 75% of water and sewage charges of non-domestic households for four extra months, subject to a monthly …