A corporate bank account is crucial for day-to-day business operations. However, your Hong Kong company may face difficulties while attempting to open a bank account with Hong Kong banks as they follow very strict due diligence... Read Full Article »
Offshore companies can apply for offshore tax exemption when submitting the first tax return. If your Hong Kong company has a profit, Inland Revenue Department will issue a tax queries letter asking for the operation mode of the business... Read Full Article »
Tax devolution in the United Kingdom? I told you nothing good would come of it. Especially given the very messy way that the Government has chosen to go about the task at any rate. Scotland hasn't even taken delivery of its shiny new tax power... Read Full Article »
The Companies Ordinance provides that a Hong Kong company may remove a director before the period of the director's office expires. Even if the removal is in breach of any agreement between the director and the company... Read Full Article »
A director of the Hong Kong company or a director of an associated company can be exempted from any liability in connection with any negligence, breach of duty, breach of trust is void... Read Full Article »
This December, 2015, Jerusalem and Hong Kong establish joint funding project which not only will boost scientific research exchange, but also will bring new business opportunities for both countries... Read Full Article »
After incorporation, at least one natural person must be appointed as a director for a private Hong Kong company. The Companies Registry can specified a period wihin which the company must appoint a director... Read Full Article »
The basic requirement for incorporating a company in Hong Kong is, that the company shall have at least one member willing to take up at least one share... Read Full Article »
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