The Hong Kong government has presented its budget for 2023, a comprehensive plan designed to promote economic growth and development in the territory. In 2022, the global economy experienced a slowdown due to the Russia-Ukraine conflict and global inflation, resulting in major central banks tightening their monetary policies. Hong Kong’s economy was also affected by […]
Read MoreSignificant Controller Register in Hong Kong
As of 1 March 2018, all companies incorporated in Hong Kong are required to maintain a Significant Controller Register (SCR). The requirements for the SCR are set out in Section 59H of the Companies Ordinance (Cap.686) and the register must be maintained at the company’s registered office. This blog post will outline what is required […]
Read MoreTourism Business in Hong Kong
As an entrepreneur, you’re always looking for new opportunities to grow your business. And what better place to do that than in one of the world’s most vibrant cities?From setting up shop in one of the city’s many malls to offering tours and activities, there are plenty of ways to tap into this booming market. […]
Read MoreThe Definitive Guide to Company Registration in Hong Kong
Are you thinking about starting a business in Hong Kong? If so, you’ll need to register your company with the government. The process can seem daunting, but we’re here to help. In this guide, we’ll walk you through everything you need to know about company registration in Hong Kong. We’ll cover the different types of […]
Read MoreHong Kong Business Review Post Pandemic
If there’s one thing that the pandemic has taught us, it’s resilience. Businesses all over the world have been forced to adapt, and Hong Kong is no different. The business landscape in Hong Kong has changed dramatically since the outbreak of Covid-19. With strict social distancing measures in place, many businesses have had to close […]
Read MoreHere’s what you need to know about the Hong Kong FSIE regime for passive income
In January 2023, the proposed refined Foreign Source Income Exemption (FSIE) regime is expected to take effect. The European Union (EU) has always been committed to promote good tax governance standards in relation to tax transparency, fair taxation and anti-BEPS measures. In October 2021, the EU published the EU list of non-cooperative jurisdictions with the […]
Read MoreDigitalisation of Businesses in Hong Kong
Hong Kong is known for its thriving business environment and its digital prowess. With one of the highest concentrations of tech startups in the world, Hong Kong offers entrepreneurs a wealth of opportunities to build their businesses. In this blog post, we will explore some of the key aspects of digitalisation in Hong Kong that […]
Read MoreHong Kong’s Business Payroll Processes Explained
Doing business in Hong Kong? If so, you will need to familiarise yourself with the local payroll processes. In this article, we will take a look at how Hong Kong businesses handle payroll and what you need to do to ensure that your company is in compliance with local laws and regulations. We’ll also provide […]
Read MoreWhat is the Role of a Hong Kong Company Secretary?
Hong Kong is one of the world’s most dependable business centers, making it an excellent place to start a firm. Many overseas investors and entrepreneurs are drawn to Hong Kong by various attractive incentives; nevertheless, they must satisfy certain conditions to establish a Hong Kong business. One of the most important considerations to keep in […]
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