The Financial Secretary proposed a one-off reduction of profits tax, salaries tax and tax under personal assessment for the year of assessment 2015/16 by 75%, subject to a ceiling of $20,000 per case. This measure will be effected by amending the Inland Revenue Ordinance. For profits tax, the ceiling of the tax reduction is applied [...]
Required Documents Minimum one director and shareholder to be appointed. (Shareholder and director can be the same person.) Hong Kong Companies Ordinance requires all Hong Kong Companies to appoint a local Company Secretary, like UWS, to handle on-going statutory compliance matters. Registered address of the Company, we can prepare for you Required Information Passport copy [...]
HK, GD ties bolstered September 09, 2015 Chief Executive CY Leung and Guangdong Governor Zhu Xiaodan co-chaired the 18th Plenary of the Hong Kong-Guangdong Co-operation Joint Conference at the Central Government Offices today. They witnessed the signing of five agreements after the meeting, on education, food safety, e-commerce, intellectual property rights and search and rescue [...]
THE CONCEPT OF WFOE WFOE stands for wholly foreign owned enterprise, which is a limited liability company wholly owned by either a foreign legal entity or a foreign natural person. Our Services Foreign Investment Enterprise Sino-Foreign Co-operative Joint Venture Foreign Representative Office Joint Annual Exam China Company Deregistration Difference Between Two Common Entities in China [...]
Difference in registration of Company Names and Trademarks Separate laws and systems regulate the registration of company names, business names and trademarks in Hong Kong. A company name registration at the Companies Registry or a business name registration at the Business Registration Office (Inland Revenue Department) is not the same as a trademark registration at [...]
According to Mr. Mao, professional managers, the result of the macro-industrial era, should possess the quality of an entrepreneur. In the Internet era, however, such quality is no longer a necessity, or an advantage. In substitute, startup partners are becoming increasingly popular and welcomed. In the era of mobile Internet, technologies and ideas change constantly, [...]
