The latest from China & Hong Kong

In the bustling financial hub of Hong Kong, understanding the intricate web of audit and financial reporting requirements is paramount...

Hong Kong, as one of China's Special Administrative Regions (SARs), possesses the autonomy to establish its accounting standards...

For the full process, timelines and 2026 government fees, see our detailed guide to registering a company in Hong Kong. When it comes to establishing a business presence in Hong Kong, foreign investors have several entity types to consider, each with its own set of advantages and considerations. From subsidiaries to branch offices and representative offices, each entity type offers distinct benefits tailored to different business needs. To assist you in making an informed de

In the dynamic realm of global finance, AirWallex emerges as a pioneering force, reshaping traditional banking paradigms through digital...

In the ever-evolving landscape of global finance, WorldFirst Bank emerges as a trailblazer, redefining banking experiences through...

In the bustling financial landscape of Hong Kong, the emergence of virtual banks alongside traditional banking institutions marks a...

Switching accounting service providers in China can be a significant decision for foreign companies operating in the country. As a...

Maintaining properly kept financial records is essential for any business—large or small. This is especially true if you want to ensure...

"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...

Foreign investors can establish businesses in Hong Kong using various structures. Understanding these options is crucial for selecting the most suitable business type based on their specific needs and goals. Business Structures Available in Hong Kong Hong Kong Incorporated Companies Branch Offices of Foreign Corporations Representative Offices Sole Proprietorships Partnerships Choosing the right structure depends on the specific advantages and disadvantages of each option. He

Opening a bank account in Hong Kong is a crucial step for establishing a business presence. However, tightened financial regulations have made the process more challenging. Key Points for Foreign Investors Initial Procedures Appointment: Schedule an initial appointment via phone, email, or in person. Preliminary Review: Conducted through a phone interview, electronic questionnaires, or a meeting with directors. Supporting documents may need to be sent to the bank manager. Mee

To benefit from an offshore tax exemption under the Foreign Source Income Exemption (FSIE) regime in Hong Kong, companies must meet certain criteria. Membership in a Multinational Enterprise (MNE) Group Companies must be part of a multinational enterprise (MNE) group. This includes businesses headquartered in Hong Kong or those with significant operations in the city as part of a larger international group. Being connected globally is crucial for qualifying for the exemption.

Offshore status only becomes relevant once the entity exists, and our guide walks through setting up a Hong Kong company. A Hong Kong-based company can be set up legally without a physical office, allowing for remote operations. If all income is earned from outside Hong Kong, the company is not taxed in the region. Offshore vs. Onshore Companies in Hong Kong Offshore Companies Onshore Companies Must file audited financial statements and hold annual meetings. Must file audited

Why does Intellectual Property Protection matter? Protecting intellectual property (IP) is crucial for encouraging creativity and...

Closing a business in Hong Kong involves a structured process called winding up. Here’s a straightforward guide to understanding the steps, legal implications, and consequences. What Types of Businesses Can Be Wound Up? Only limited companies can undergo winding-up. This process, similar to liquidation, involves selling the company's assets to repay its debts, leading to the company's closure. A limited company in Hong Kong is registered under the Companies Ordinance (Cap. 62

Hong Kong has set clear climate goals that align with global initiatives like the Paris Agreement. In 2017, the Hong Kong government...

Hiring people is one of the first key decisions a company will come across. Foreign enterprises planning to operate or expand their...

Starting a business in Hong Kong can be time-consuming and costly. Typically, businesses must create a corporate entity, hire local...

In China's rapidly changing economic environment, finance managers play a critical role in ensuring the financial stability and strategic...

Are you Developing profit repatriation strategies for your China Business? One of the main concerns foreign investors have when deciding...