When you’re running an SME, you may come across the point that you need to hire workers for your company. This is an exciting milestone, but it can be challenging too. You have now the choice to either hire employees, independent contractors, or freelancers– or a combination of both. In this article, we will take… Continue reading Hiring employees vs independent contractors in Hong Kong
Every company in Hong Kong, except for listed companies, needs to have a so-called ‘Significant Controller Register’ in place that will identify the beneficial owner(s) of a Hong Kong company. This is a rule that was introduced in Hong Kong as per 1 March 2018 through the Companies (Amendment) Ordinance 2018. Why a Modernization of… Continue reading Significant Controller Register in Hong Kong
The transfer of shares in a Hong Kong Limited Company (the “Company”) relates to transferring the ownership of a share(s) from one person to another. For these purposes, an Instrument of Transfer and Bought Sold Note must be stamped by the Hong Kong Inland Revenue Department Stamp Office. Together supporting documents and the amount of… Continue reading Transfer of Shares of A Limited Company
Confused between the Business Registration Number (BRN) and Company Registration Number (CRN)? Learn the differences, where to find them, and the 2025 fee schedule.
A good financial advisor can support you make the right choice, take time to discuss your personal finances, and is up to date with the latest information. They will take care of your personal finance planning and make sure you have things in place. All you need to do is reach out to one.
With a view to mitigate the risks of loss of tax revenue in respect of outbound payments to foreign institutions and individuals, it is required by the Mainland Chinese tax authorities to go through certain procedures before outbound remittance can be made from out of Mainland China. Nature and amount of outbound remittance subject to… Continue reading Mainland China Outbound Remittances
This guide serves as a deep-dive companion to our Step-by-Step Guide to Opening a Company in Hong Kong, providing the precision you need to stay compliant.
The Hong Kong Inland Revenue Ordinance (“IRO”) imposes strict requirements for individual returns filings and aims at avoiding the filing of incorrect tax returns by the individuals. If those requirements are not met, the relevant punitive provisions empower the Commissioner of Inland Revenue, depending on: The nature and/or the degree of culpability of the offence… Continue reading Legal Consequences of Filing an Incorrect Tax Return
This guide gives you a clear, step-by-step way to set up your business in Hong Kong quickly and legally, so you can start seizing opportunities without delay.
This guide outlines who needs an apostille, how to apply in Hong Kong, required documents, processing times, and common errors to avoid for Hong Kong Birth, Marriage, and Death Certificates. It is intended for individuals using these civil status documents for immigration, marriage registration, inheritance, or other overseas legal purposes