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From 2022 onwards, registering for an employment license will be much easier. As announced in the Chief Executive’s 2020 Policy Address, the Employment Agencies Administration of the Labour Department will launches e-EAS in the first quarter of 2022. The e-EAS allows Employment Agencies to submit license applications. Also, check their application status easily and conveniently. How …
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The Immigration Department started the replacement procedure since late December 2018for the Hong Kong smart identity card. In order to combat forgery, the new smart identity card has incorporated a number of sophisticated security features. Do you know what are the new security features on your New Smart Identity Card? Hologram with Wave and 3D …
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Hong Kong leader Carrie Lam Cheng Yuet-Ngor delivered her policy address on 6th October, 2021 highlighted on the Hong Kong economy. The cores of Policy Address are focusing on housing and land supply, as well as the vision for the future Hong Kong. For the prospectus of Hong Kong, she proposes new impetus to the …
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Opening a corporate bank account is a relatively simple and straightforward procedure in Hong Kong. However, before you can open an account with your desired bank. You have to almighty understand what information and document the bank are requesting. For example, the bank needs your business proof. Then what does Business Proof mean? What document …
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Reasons for doing a Share Transfer? You have difference reasons to make a Share Transfer. Share Transfer is an official method to change the share structure of your company. For example, adding a new shareholder or changing the existing proportion of shares between shareholders. Who you need to deal with? According to the Companies Ordinance, …
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What is a Stamp Duty? Stamp duty is the tax governments place on legal documents, usually in the transfer of assets or property. Governments impose stamp duties, also known as stamp taxes, on documents that are needed to legally record certain types of transactions. Stamping of Shares Transfer When you are going to do the …
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Why you need a Local Representative? According to the “Guideline on the Keeping of Significant Controllers Register”, it states company must appoint at least one local person as a representative of the company. What is the role of a Local Representative? The main role of the Local Representative is to provide assistance related to the …