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When setting up a business in Hong Kong, you need to apply for a Certificate of Incorporation from the Company Registry. Apart from the Certificate of incorporation, you will need to apply for Business Registration in Inland Revenue Department. Similarly, if you want to setup a company in China, you have to obtain a business license in …
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The Financial Secretary announced in the 2020-21 Budget Speech, a package of helping measures for the commercial and industrial sector. On 8 April 2020, the Chief Executive announced another round of relief measures to support the businesses. The measures aim to assist enterprises to cope with current economic challenges. About 250,000 non-domestic accounts are expected …
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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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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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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 …
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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