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China's Revised Company Law in Effect from July 1, 2024: Key Details
China’s legislature has adopted sweeping amendments to the Company Law, significantly altering company capital rules, corporate...


China Issues Judicial Interpretations on the New Company Law’s Applicability and Retrospective Effect
China’s Supreme People’s Court (SPC) has provided new judicial interpretations to clarify the temporal effect of the New Company Law (the...


Issuance of Card-Type Document for Non-Chinese Hong Kong Permanent Residents to Improve Immigration Clearance Convenience
The Hong Kong Special Administrative Region (HKSAR) Government has announced a new measure aimed at improving immigration clearance...


Understanding the Minimum Wage in China
Minimum wages in China continue to rise. As of February 19, 2024, Shanghai has the highest monthly minimum wage among 31 provinces at RMB...


Navigating New Tax Implications Under China's New Company Law
With the introduction of the New Company Law, companies, shareholders, and creditors in China will encounter new tax implications. This...


Opening a Corporate Bank Account in Hong Kong
Opening a corporate bank account in Hong Kong is a straightforward process, offering various options from both international and local...


Obtaining a Hong Kong Work Visa
Hong Kong's Employment for Professionals work permit scheme is designed for hiring skilled foreign employees. This comprehensive guide...


A simple guide to Bookkeeping in China
Bookkeeping in China involves navigating a unique set of regulations and practices that differ from Western standards. Here’s an in-depth...


A Comprehensive Guide to Setting Up a Company in China
Setting up a company in China involves navigating various regulatory, cultural, and procedural challenges. Here is an in-depth guide: Why...


When is it time to Outsource for your China Business?
"If you want something done right, do it yourself." It's a well-worn business maxim, underscoring the belief that no one cares for your...


Why Invest in China: A Comprehensive Overview
China has experienced rapid economic growth over the past few decades, transitioning from a largely agrarian society to a global economic...


How to Open a Bank Account in Hong Kong
Opening a bank account in Hong Kong is straightforward for both residents and non-residents. Here's a detailed guide: Personal Accounts...


Paying Contractors in Hong Kong: A Comprehensive Guide
Many people associate China with Hong Kong rather than Mainland China. This is largely due to Hong Kong's status as a global business...


Workforce Payments Guide: Hong Kong
Currency: Hong Kong Dollar (HKD) Payroll Frequency: Monthly Capital: Hong Kong Fiscal Year: 1 April - 31 March Employer Taxes: 5.00% +...


5 Tips for Implementing Cloud-Based Payroll in Hong Kong
Transitioning to a cloud-based payroll system can significantly enhance the efficiency and accuracy of your payroll processes. In Hong...


The Benefits of Cloud-Based Payroll Solutions in Hong Kong
In today’s fast-paced business environment, companies are increasingly turning to cloud-based solutions to streamline operations and...


The Rise and Evolution of Shared Office Spaces in Hong Kong
Shared office spaces, also known as co-working spaces, have emerged as a contemporary business model that provides a collaborative and...


5 Tips for Managing Your Registered Office Address in Hong Kong
Having a registered office address is a legal requirement for all companies in Hong Kong, as stipulated under Section 658 of the...


Understanding Registered Office Address Requirements in Hong Kong
Setting up a business in Hong Kong requires adhering to specific legal and regulatory standards, one of which is establishing a...


What are the Requirements of Becoming a Company Secretary in Hong Kong?
Becoming a company secretary in Hong Kong is a vital role within the corporate landscape, involving responsibilities that contribute to...
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