Why is the Certificate of Incorporation so important? How is it different from a business registration certificate?
When setting up a company in Hong Kong, many legal documents need to be applied and processed, of which the most well-known…
What is the difference between an accounting firm and a CPA firm?
Whether it is an accounting firm or a CPA firm, both are very professional in providing accounting, financial auditing, and tax-related consulting…
Set up a limited company and receive a green box? What is the green box? What’s the use?
When setting up a limited company in Hong Kong, you may have seen the “green box”. Do you know what is in…
There are 3 advantages of setting up a company in Hong Kong: low tax rate, fewer taxes, and simple registration requirements!
The Hong Kong Special Administrative Region has an advantageous strategic location and continues to prosper in the Pearl River Delta. It can…
Circumstances where rental income can be reduced
Taxpayers paying profits tax on their rental income or applying for a deferral of provisional property tax can help reduce the tax….
Instructions and Limits for Claiming Administrative Service Fees
To avoid tax, the taxpayer will open a company A, and then pay an administrative service fee to a related company B,…
Business registration fee waiver until 2022, only $250 for a one-year pass?
Fee waivers for business registration certificates were originally proposed in the 2018-19 Budget. This year’s Budget provides many concessions to companies registered…
Will Hong Kong taxpayers face double taxation problems?
Hong Kong’s tax incentives are well-known both at home and abroad, providing a favorable business environment for many business operators. However, do…
What are Hong Kong Accounting Standards? What does the specific scope include?
Business entities registered in Hong Kong are required to prepare audited financial statements on an annual basis and ensure that the financial…
How to exempt from HKFRS reporting? Which companies are eligible for the exemption?
Some companies are exempt from reporting certain information under HKFRS, including a “true and fair view” provided by the financial statements. In…