Hong Kong is famous for easy and straight forward rule and tax policy. So Hong Kong can attract investment from worldwide entrepreneurs and startups. No matter how easy or simple regulations, you might miss or confuse with the mandatory submission. Centre O is going to go-thru 3 forms: Annual Returns NAR1, Employer’s Returns & Profit …
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ULTIMATE GUIDE TO SET UP A HONG KONG EMPLOYMENT AGENCY
Hong Kong is back to the world platform. Hong Kong is still serving as an internationally recognised commercial and business hub. Also, Hong Kong government encourages new business establishments. It attracts a huge number of professionals and talents around. In other words, Hong Kong is a perfect place to set up an employment agency (EA). …
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HONG KONG: ULTIMATE GUIDE TO SET UP A TRAVEL AGENCY
In general, “Travel Agency” means a company that arrange and organise services related to transportation & accommodations. In fact, travel agencies can provide far more services to customers than ticketing and hotels reservation. If you want to start a travel agencies business , you will need to apply for a Travel Agent’s license and Business …
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HONG KONG: CERTIFIED TRUE COPY
What is a Certified True Copy? When a document is examined, checked and certified by official bodies like the CPAs, Lawyers or the Court, this document is then be Certified as aTrue Copy. While certified true copies are used to show that there has been no interference, and no changes made, when copying an important …
HONG KONG: AMBER CODE RESTRICTION RELAXES
Hong Kong Government relaxed the social distancing measures and effected from 17th November, 2022. In fact, the measures will continue to resume normalcy in orderly manner. Thereby, some premises of the vaccine pass will change to “Passive Checking”. Once the premises changed to “Passive Checking”, then the Amber Code Holder can enter the premises without …
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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 …
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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 …
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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 …
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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 …
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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 …