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If you have the Right to Land, does it mean you have the right of abode? This is a very frequently asked question in Hong Kong. According to Hong Kong’s Immigration laws, the Right of Abode and the Right to Land are 2 differences status. Obviously, the Right of Abode and the Right to Land …
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Quarantine Policy Under the implementation of 3+4 COVID quarantine rules, travellers arriving from overseas or Taiwan need to spend 3-day in a quarantine hotel. And 4-days in their own accommodation under medical surveillance. During those 4 days, they must conduct rapid antigen test (RAT) tests. Yet, they can visit their workplaces and shops for essentials, …
Inland Revenue Department (IRD) has posted an Employer’s Return of Remuneration and Pensions to every company. No matter if the employers have employed employees or not, the employers have the obligation to response to IRD within 14 days by filling out the Employer’s return form. What is the outcome if you have not filed your …
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Hong Kong Government launched the Employment Support Scheme (ESS) 2022 in March. And the application started on end of April. And the subsidy of disbursement is separated into 4 tranches: May, Jun, 30% of July and 70% of July. The subsidy amount is based on the headcount. Headcount Revision As the subsidized companies may have …
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Whether you do business in China or you are living China, either a personal bank account or a commercial bank account is needed. Dealing with banks in China are undoubtedly requires time and lots of proofs of documents. Clearly, plan well and prepare 2 to 3 weeks of time and with a few visits to …
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Chief Executive Carrie Lam announced on 3rd May, 2022 to further ease the Covid-Related restrictions. After considering the epidemic’s relative stability and the strong demands of people recently. The phase 2 social distancing measures will be in effect 2-week earlier. Covid-19 rules to ease on 5th May Beaches & Swimming pools to reopen. No need …
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Dealing with banking issue, it always feels unpleasant. However, you cannot avoid dealing with banks when you are running a business. As an entrepreneur, you have to open a proper commercial bank account once your business is established. Otherwise, it’s hard to receive funds from your clients, paying your suppliers, giving out salaries…etc. Centre O …
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In case you want to run a business in Hong Kong, you have a few steps to complete. The first one is to apply for a Certificate of Incorporate (CI) number. Once you have the CI number, the next step is to apply for a Hong Kong Business Registration(BR) number. You must register with the …
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The Financial Secretary proposed in his 2022-23 Budget to waive Business Registration fees for 1 year. The schedule is starting from 1st April, 2022. Details of the Business Registration Fees waiver In respect of business registration certificates and branch registration certificates that commence on 1st April 2022 but before 1st April 2023. The fees payable …
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What is MPF? MPF refers to “Mandatory Provident Fund”. Hong Kong started MPF system since December 2000 in response to the rapidly ageing population issue in Hong Kong. How to calculate MPF contributions? The MPF contributions have 2 parts: 5% from employee and 5% from employer. Totally 10% of employee’s relevant income. Moreover, the employers …