The latest from China & Hong Kong

Hong Kong is known for its competitive and straightforward tax system. One of the key features supporting businesses—especially startups and SMEs—is the two-tiered profits tax rate regime, which offers reduced tax rates on the first portion of a company’s profits. In this article, we explain how the two-tiered profits tax system works in Hong Kong, who qualifies, and how to take advantage of this business-friendly policy. What Is the Two-Tiered Profits Tax System? Introduced

Expanding into international markets can unlock new growth opportunities for Australian businesses. Among the prime destinations in Asia,...

Woodburn Global recently partnered with a medium-sized trading company based in Hong Kong that specializes in the import and export of consumer electronics. The business had been experiencing significant growth, resulting in increased revenues and operational complexity. The client turned to Woodburn for assistance with their tax compliance and audit processes to ensure they could navigate the intricacies of Hong Kong's regulatory environment while minimizing tax liabilities.

Woodburn Global recently partnered with a rapidly expanding technology company based in Hong Kong that specializes in software development and IT services. As the demand for their innovative solutions surged, the company faced significant challenges in attracting and retaining top talent. Seeking to streamline their recruitment process and enhance their employer brand, the client turned to Woodburn for support. Challenges The technology company encountered several recruitment

Our client is a dynamic startup in the tech industry, focusing on innovative software solutions aimed at enhancing business efficiency. Established just over a year ago, the company set out with a vision to disrupt traditional workflow paradigms through cutting-edge technology. The startup quickly gained traction in the market, fueled by rising demand for automation and digital transformation among businesses in Hong Kong and beyond. As their product offerings resonated with

Establishing a company entity in China can be an attractive opportunity for many businesses looking to tap into one of the world's...

As businesses increasingly seek to expand their reach into international markets, China presents itself as a prime destination due to its...

As the world’s second-largest economy and a global hub for trade, China offers immense business opportunities, particularly for...

As global brands increasingly turn to China as a focal market for expansion, the importance of establishing a business entity in the...

China’s job market is highly competitive, and finding the right talent requires a strategic approach. Whether you're expanding your...

In an increasingly complex global landscape, Irish businesses seeking growth in Asia need more than just a market—they need a launchpad....

As the global economy shifts eastward, China continues to offer unmatched opportunities for international businesses seeking growth,...

Corporate Income Tax (CIT) is a cornerstone of China’s tax system, impacting both domestic and foreign enterprises operating in the...

As China continues to modernise and expand its economy, tax compliance has become an increasingly critical focus for businesses operating in the region. With stricter enforcement and sophisticated monitoring tools, the consequences of non-compliance are more severe than ever. This article explores why tax compliance matters, what’s driving its growing importance, and actionable steps businesses can take to ensure they stay on the right side of the law. Why Tax Compliance Matt

China's tax administration framework is a critical element for businesses operating in the country. Efficient tax administration not only...

Operating in China presents significant opportunities for businesses, but the complexities of its tax laws can pose substantial...

Hong Kong continues to be a leading gateway to Asia for UK companies, thanks to its pro-business environment, strategic location, and...

Understanding annual leave entitlements and public holiday regulations in China is essential for businesses operating in the country. Adhering to local labor laws not only ensures legal compliance but also promotes employee satisfaction and operational efficiency. This article provides an expert overview of the statutory requirements around paid leave and national holidays in China, ideal for human resources professionals, business owners, and corporate compliance teams. Annu

This article is part of Woodburn's guide to registering a company in Hong Kong.

This article is part of Woodburn's guide to Hong Kong company secretary services.