The Hong Kong SFC License: Everything You Need to Know
Reading Time: 5 minutesThe Hong Kong SFC (Securities and Futures Commission) license is a crucial requirement for businesses and individuals engaging in regulated financial activities in the region. This license grants permission to participate in specific financial activities, ensuring compliance and credibility in the industry.
How To File Hong Kong Donation Tax Deduction For Companies?
Reading Time: 4 minutesMany companies in Hong Kong actively engage in charitable activities and donations to give back to their community. However, what often needs to be clarified is how to leverage these acts of generosity to maximize tax benefits.
A Detailed Guide On Establishing 5 Types Of Companies In Hong Kong
Reading Time: 5 minutesTo navigate the complexities of setting up a company effectively, you must understand the various types of companies in Hong Kong. Each type has unique ownership structures, legal statuses, and member liabilities. This guide will explore these options, from sole proprietorships to limited companies, while also providing the knowledge needed to make informed decisions and pave the way for your business success in Hong Kong.
8 Best Tips For Starting An Online Business In Hong Kong
Reading Time: 8 minutesHong Kong is one of the largest financial centers worldwide. It’s a hub for many startups and small businesses, including online brands.
The Ultimate Hong Kong Guide To Financial Reporting Standards
Reading Time: 6 minutesThe Companies Ordinance clearly states that all Hong Kong companies are expected to keep accurate books of account. They are also expected to satisfy annual statutory audit requirements. The Hong Kong Institute of Certified Public Accountants (HKICPA) determines the standards and regulations for accounting in Hong Kong. In 2005, this jurisdiction adopted the Financial Reporting Standards (FRS). These standards were modeled from the International Financial Reporting Standards (IFRS). You need a detailed understanding of the Hong Kong financial reporting standards to run a successful business in this state.
Hong Kong Minimum Wage: Essential Guide for New Hong Kong business owners
Reading Time: 4 minutesUnderstanding the Hong Kong minimum wage regulations is crucial as it directly impacts your employees’ well-being and ensures your business complies with the law.
This guide will equip you with the knowledge and insights necessary to navigate the complexities of the minimum wage landscape and build a successful, law-abiding business in Hong Kong.
Hong Kong Consumer Protection: What Hong Kong Business Owners Must Know Before Setting Up
Reading Time: 6 minutesHong Kong consumer protection regulations ensure the safety and compliance of products while addressing consumer complaints and providing legal assistance. Business owners must understand these regulations to establish successful ventures in Hong Kong’s thriving marketplace.
How Important Is A Hong Kong Certified True Copy For Hong Kong Business?
Reading Time: 4 minutesIn the realm of Hong Kong business, the importance of preserving and verifying important documents cannot be overstated. One such document verification process is obtaining a certified true copy. This article aims to shed light on the significance of a Hong Kong certified true copy and its implications for businesses operating in the region.
4 Steps On How To Setup A Hong Kong Subsidiary Successfully
Reading Time: 4 minutesSetting up a subsidiary company in Hong Kong can be a strategic move for expanding your business presence in Asia. With its dynamic economy, business-friendly environment, and attractive tax system, Hong Kong offers great opportunities for international companies seeking to establish themselves in the region.
Importance of Preparing the HKAS 34 Interim Financial Reporting for Company’s Financial Health
Reading Time: 4 minutesHKAS 34, based on international accounting standards, sets the guidelines for preparing interim reports in Hong Kong. It enables companies to disclose periodic financial information that goes beyond the scope of annual reports, providing stakeholders with a timely and reliable assessment of an entity’s performance.
The responsibility of overseeing the process of stamp duty Hong Kong transfer of shares often falls onto the company secretary.
