Something you need to know about Company Restoration

In Hong Kong, company restoration re-registers a deregistered company and restores its legal status and operations. And here are something to know before restoring a de-registered company. Company restoration can be done when a company needs to reopen or restore its legal status for some reasons. So what are the common causes? For example, So there …

All you need to know about De-registration of a Hong Kong Limited Company

De-registration of a company is not a situation to expect but it’s always good to prepare for. Herein this blog, we will take you through the requirements, process and what you can expect when you are de-registering the company with the help with Centre O. With our experience, clients tend to dissolve their companies due …

注册香港本地企业条例

公司注册后,须遵从《公司条例》的规定,于规定的证明时间内向公司注册处处长交付法定申请表,其中包括但不限于下列申报: 第658条规定公司须在其注册办事处地址更改后的15日内交付表格NR1。 第648及652条规定公司的董事,公司秘书及/或他们的详情有任何更改,公[…]

2023 VALUE-ADDED TAX DEDUCTION in CHINA

The Ministry of Finance and the State Administration of Taxation announced on 1 Aug 2023, value-added tax (VAT) will be deducted. Thus, the government aimed to support the SME to further develop of business and to lessen the burden of individual. The act is valid till end of 2027. The announcement is as follows: Value-added …

HONG KONG: BUDGET HIGHLIGHTS 2023-24

Overview The Financial Secretary, Mr. Paul Chan, delivered the 2023/24 Budget Speech on 22nd February 2023. The forecasted deficit of about $139.8 billion for 2022/23 is higher than the original estimate of about $56 billion. Then, the fiscal reserves estimation decreases to $762.9 billion, equivalent to 12 months of government expenditure. Where are we NOW? …

HONG KONG ROLLS OUT CONSUMPTION VOUCHER 2023

Consumption Voucher Hong Kong will roll out another round of electronic consumption voucher 2023 that worth HK$5,000 again to permanent adult. The payment will separate in two instalments.  What about Hong Kong Resident? If you are coming to Hong Kong on different admission schemes, or overseas students studying in Hong Kong. You still can receive …