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24 Jun, 2020
An amendment to Hong Kong's Anti-Money Laundering Ordinance ("AMLO") issued on March 2018 has established a licensing regime for trust or company service providers ("TCSPs"). On the commencement of...
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04 Mar, 2020
Business in China is still on the optimistic side despite recession in global economy. In order to cope with the changing world, entrepreneurs must adapt by increasing the skills of their labour, adjust their business strategy etc. Chinese government is also putting every effort to...
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10 Dec, 2019
Despite being only 1104 square kilometers in size, Hong Kong is one of the world's major financial centers, is consistently ranked as one of the busiest ports on the globe...
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18 Nov, 2019
Large multi-national corporations set up overseas companies to reinforce the competitive edge of the group as a whole, and hence maximize profitability. For example, they can...
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09 Sep, 2019
In international corporate structuring, the issue of tax payments is becoming increasingly topical, since offshores and tax havens are no longer in style. This is both due to the global battle in fighting against tax evasion and profit shifting, and due to the banks, which are not welcoming to offshores anymore, and, basically, refuse to work with them...
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07 Jun, 2019
Belize has long been popular as a destination. Known for its beautiful beaches, lush tropical landscape, and friendly people, it's no small wonder people flock here each year for a little rest and relaxation...
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06 Mar, 2019
During the last weeks, we have been writing and reviewing significant amendments to corporate laws and tax laws in offshore jurisdictions to satisfy their commitments made pursuant to the OECD's Base Erosion and Profit Shifting (BEPS)...
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19 Oct, 2018
In an effort to enhance Hong Kong's regulatory regime for combating money laundering and terrorist financing, a new licensing regime for trust or company service providers (TCSPs) and new requirements on the keeping of significant controllers registers (SCR) by companies took effect on March 1st, 2018...
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25 Sep, 2018
Hong Kong remains one of the hottest start-up cities (for more details, read article here), and one pivotal reason is that HK continues to expand its network of income tax treaties rapidly - HK has entered into Comprehensive Double Taxation Agreements...
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16 Aug, 2018
Wanted to start a business but felt puzzled with the bank part? Wondering if there are other options besides opening a bank account in those traditional banks? Any way to shorten your time in waiting for a bank account to be opened...
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