START YOUR NEW HONG KONG COMPANY, ALL ONLINE!

Hello, we would like to remind you all your yearly requirements which are necessary to follow up once you set up company in Hong Kong. This check list is updated of The new Companies Ordinance (Chapter 622 of the Laws of Hong Kong). The New companies ordinance  has commenced operation on 3 March 2014. •Annual ...

Here is an explanation how to gain the offshore status for Hong Kong Limited company. We demonstrate the offshore principles on Hong Kong Limited company which was registered on 11th of October 2013. As the company has incorporated on 11th October 2013, the first Profits Tax Return (“PTR”) would issue ...

There is certain period you should submit the PTR (Profits Tax Return) to IRD (Hong Kong – Inland. Revenue Department). If you fail to do so, you may be required to pay a penalty. However, you can there is a way to waive the penalty. Here is an example of an email sent from an … READ MORE

Dear Customers, the Inland Revenue Department will increase the Fee from 250 HKD to 2,250 HKD starting from 1st of April, 2014. Please contact us for further questions.

Accounting and auditing According to the statutory requirement under the Hong Kong law, the first set of financial statements should be prepared for period covering not more than 18 months from the date of incorporation. Hence, may I suggest you choose (say 31st December or 31st March) to be your financial year ...

CO (Companies Ordinance) (Commencement) Notice 2013 was gazetted on 25 October 2013.  Companies Ordinance (Commencement) Notice 2013 was gazetted on 25 October 2013. Secretary for Financial Services and the Treasury appointed 3 March 2014 as the day on which the new Companies Ordinance comes into operation. SFST ...

The team at Startup registry wishes you A prosperous and healthy Year of the Horse Have a wonderful time !

Dear Customers, this is the list of public Holiday in Hong Kong Lunar New Year’s Day 31 January Friday The second day of Lunar New Year 1 February Saturday The fourth day of Lunar New Year 3 February Monday Ching Ming Festival 5 April Saturday Good Friday 18 April Friday The day following Good Friday … READ MORE

As you are foreigner and under foreign employment of XYZ Limitd, the basic principles to determine whether the salaries received is subject to Hong Kong Salaries Tax as below:   1.      If you visit to Hong Kong no more than 60 days in a calendar year or no services rendered in Hong Kong, then the … READ MORE

Hong Kong is not a traditional offshore centre  but rather a territory which offers a non discriminatory low tax regime based on “territorial principle” under which only income arising in Hong Kong is taxable in the jurisdiction. Hong Kong has signed comprehensive double taxation agreements (DTA) with ...