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Free Trade Business Economies Hong Kong is one of the world’s most open economies with a business-friendly environment characterised by free trade. Nevertheless, with a mature financial regulatory regime and legal system. A city with simple taxation and low tax rates, along with advanced transport and telecommunications infrastructures. Financial Market Hong Kong’s financial markets …
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Legal System and the Judiciary – The Basic Law Under the Basic Law of Hong Kong, it exercises the judicial power of the Region and is independent of the executive and legislative branches of the Government. The courts in Hong Kong hear and adjudicate all prosecutions and civil disputes, including all public and private law …
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Background Hong Kong is a Special Administrative Region of the People’s Republic of China (“PRC”). Not only providing a safe and secure business environment to all. It also benefits from locating on the eastern Pearl River Delta of the South China Sea. With over 7.5 million people of various nationalities in a 1,104-square-kilometre territory. Hong …
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Important: Create a “Password” to log on now HSBC brings an easy and all rounded mobile banking experience to you. As of 1st April 2020, HSBC no longer issue any new or replacement physical Security Devices except for those with accessibility needs. You require to create a “Password” on top of your “Memorable answer” to …
With face-to-face meetings being cancelled due to the outbreak of the COVID-19 pandemic. Individuals have turned to video conferencing platforms, such as Zoom or Microsoft team etc. to maintain productivity and keep in touch with colleagues and customers. Let’s us introduce a quick guide for those who haven’t tried. Free Plan The good news is …
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Points to Keep in Mind Even though it might seem like something sensible to do, unless it is completely necessary. Otherwise, we have to think deep before the final decision. Before we want to move ahead and de-register the company in Hong Kong. There are other points we have to consider: It is the obligation …
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What do you need to be aware of when Holding Annual General Meeting during COVID-19. Annual General Meeting (AGM) provides one of the few opportunities shareholders have to question the board, engage directly with management, and hear the views of other shareholders. With the outbreak of the COVID-19 is causing companies to well plan ahead with …
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In the Budget 2020-2021, the Financial Secretary announces that HKMC Insurance Limited (HKMCI) will introduce special 100% Loan Guaranteed Scheme. The load Guarantee is under the SME Financing Guarantee Scheme (SFGS). The new measure aims to alleviate the burden of paying employee wages and rents by small and medium-sized enterprises (SMEs). For those are suffering …
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It is coIt should be noted the substantial reduction in flight frequencies or even cancellation of flights to destinations in the below list by airlines. The results in no provision of air traffic capacity, Hongkong Post announced on 31st March.2020. There is a service suspension of Airmail (including Speedpost). Public can consider using surface mail service …
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Many people may ask what is Census and Statistics Department (C&SD)? This department provide major social and economic official statistics about companies in Hong Kong. The law governing the work of the C&SD is the Census and Statistics Ordinance ( Chapter 316). C&SD provides census of population and collection, compilation and publication of statistical information …
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