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For companies incorporated in Hong Kong, compliance with annual filing obligations is essential to maintain good standing with the...

When establishing and running a company in Hong Kong, one of the key legal responsibilities for employers is ensuring full compliance...

For companies operating in Hong Kong, preparing and submitting annual audit reports is not just a best practice—it is a statutory...

Hong Kong continues to be one of Asia’s most dynamic and attractive markets for international business. With its pro-business...

Over the past two months, we've observed a notable surge of Hong Kong companies rushing to meet the IRD (Inland Revenue Department) tax...

Hong Kong is renowned for its simple and low-tax regime, making it one of the most attractive jurisdictions for entrepreneurs,...

Hong Kong’s low and simple tax regime makes it one of the most business-friendly jurisdictions in the world. With a two-tier profits tax...

Hong Kong is widely recognised for its business-friendly tax regime—low corporate tax rates, a territorial basis of taxation, and the...

Hong Kong is globally recognized for its low-tax, business-friendly environment—and for good reason. The city has built a reputation on...

Every year, businesses operating in Hong Kong are required to meet critical tax reporting obligations through the filing of the...

On 26 February 2025, the Financial Secretary unveiled the 2025/26 Hong Kong Budget, outlining a variety of long-term strategies and...

Hong Kong is renowned for its simple and low-tax regime, making it one of the most attractive jurisdictions for entrepreneurs and...

Hong Kong is globally recognised for its low and simple tax regime, underpinned by a transparent and efficient legal system. However,...

Hong Kong is known for its competitive and straightforward tax system. One of the key features supporting businesses—especially startups...

Woodburn Global recently partnered with a medium-sized trading company based in Hong Kong that specializes in the import and export of...

Hong Kong remains a key player in the global economy, consistently ranked as one of the most competitive and open financial hubs....

On 16 October 2024, the Chief Executive unveiled the 2024 Policy Address themed “Reform for Enhancing Development and Building Our Future...

Under the current system, employers in Hong Kong can offset severance payments (SP) and long service payments (LSP) against accrued...

Hong Kong is globally recognized for its simple and low-tax environment, making it an attractive destination for businesses of all sizes....

In Hong Kong, offshore tax status refers to income earned outside the city that is not subject to local corporate profit tax, often...