2021 POLICY ADDRESS HIGHLIGHT ON THE HONG KONG ECONOMY

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 …

WHAT’S NEW ON YOUR HONG KONG SMART IDENTITY CARD?

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 …

HOW TO GET YOUR BANK OF CHINA MONTHLY E-STATEMENTS

Bank of China started not mailing out the monthly statements. The act is in response to environmental protection and the sustainable trend of green banking. Hence, your paper consolidated statements will be converted to e-statements effective 1st August 2021. While you are running your business, the monthly bank statements is one essential documents that you MUST …

我的智能香港身份证上写着什么?

自2018年11月26日起,香港将发行新形式的智能香港身份证以取代现有的智能身份证。新版本的身份证在耐用性、安全性、芯片技术和个人数据保护方面得到了改善。所有11岁或以上的香港居民都需要注册身份证,另外,根据《移民条例》第115章,必须携带身份证,检查身份证明[…]

BANK OF CHINA – IGTB PLATFORM UPGRADE TO PAPERLESS

IGTB platform upgrade and go Paperless Era Bank of China recently announced that they are upgrading their online commercial accounts. It mentioned IGTB online account users are not going to receive any paper customer advice soon. Bank of China will start not mailing out their monthly statements from 3rd May 2021. The act is in …

What does it say on my smart Hong Kong Identity Card?

Since 26 November 2018, a new form of smart Hong Kong Identity Card will be issued to replace the existing smart identity card. The new version of identity card has improved in its durability, security features as well as the chip technology and protection of personal data. Inspection of Proof of Identity. All Hong Kong residents …

Hong Kong Monetary Authority Supports to SME during the COVID-19

In response to the COVID-19 outbreak, Hong Kong Monetary Authority (HKMA) has working together with the banking sector.Subsequently, HKMA has taken a host of measures to support small-and-medium enterprises (SMEs) and individuals in need. HKMA has in an effort to help Hong Kong’s economy ride through these difficult times.  How does the HKMA help local …

What information will your TCSP licensed Company Secretary need to meet the Company Registry’s Compliances?

What is the new Company Registry Compliances? Since 1st March 2018, Hong Kong has implemented a new licensing regime for trust or company service provides (TSCPs). The commencement of Part 5A of the Anti-Money Laundering and Counter Terrorist Financing Ordinance (Cap 615) (AMLO). Therefore, when choosing a Company Secretary in Hong Kong. You have to ensure …

Government Departments of Hong Kong Provide Limited Services

In view of the severity of the local COVID-19 epidemic situation starting from the end of November recently. The Hong Kong Government Departments are providing limited public service since 2nd Dec 2020 for at least 2 weeks. The Updated Service Arrangement of Company Registry  The Company Registry will provide limited counter services every working day, these …

Understanding China Intellectual Property Protection – Trademark Part 1

Trademark is important for you to explore China Market Centre O strongly recommends to register a China trademark when any companies are starting their businesses in China. Once you ever plan to operate in China. The China trademark is usually easy, fast and inexpensive to register. In contrast to the rest of the world, China …