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News & Updates
- HK company must maintain a Significant Controllers Register ("SCR")
Hong Kong companies are required to obtain and maintain up-to-date beneficial ownership information through keeping a SCR with effective from 1 March 2018 for internal records and inspection by law enforcement officers upon demand.
- Arrangement on AEOI between Mainland and HKSAR in force
An arrangement between the Mainland and Hong Kong for conducting automatic exchange of financial account information in tax matters ("AEOI") came into effect on 6th September 2018.
- HK Implementation of Two-Tiered Profits Tax Rate Regime
The profits tax rate for the first HKD 2 million of profits of corporations will be lowered to 8.25%.
- The Hong Kong 2018-19 Budget Summary
Hong Kong Financial Secretary has rightly handed out an array of one-off relief measures totaling HKD 51.6 billion.
Highlight
We provide a comprehensive range of company formation services in Hong Kong and other jurisdiction with our professional assistance aiming to determine the best corporate structure for the clients entering into Hong Kong and China market. Read more
Our due diligence and corporate health check providing complete picture of the clients in a way which leads to give comfort on and provide an understanding of the financial performance of the business, and makes an assessment of financial risk. Read more
Offering company secretarial services to local and global companies in order to ensure that our client’s companies are compliant and maintain in good shape with all the relevant statutory obligations in Hong Kong. Read more
HKIRD has the authority to conduct a field audit or tax investigation examining your business records and personal financial affairs, and possibly those of your close relatives for the latest 1 to 6 years of assessment. Read more
There are numerous ways to invest in the China market. Nowadays the most popular option is to establish a Wholly Foreign-Owned Enterprise ("WFOE") in China through Hong Kong Holding Company (as a special purpose vehicle). Read more
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