Every tax season, many business owners inquire whether their company can file a “zero tax return” without the need for an audit if the company hasn’t conducted any business activities during the fiscal year. In this article, we will provide updated insights into the concept of a “zero tax return.” … Read More
Hong Kong (Eng)
[Annual Expenses for Limited Companies] What are the Annual Costs for Establishing a Limited Company in Hong Kong?
In Hong Kong, many aspiring entrepreneurs have questions about the annual fees associated with maintaining a limited company. This article aims to provide a breakdown of the annual expenses associated with operating a limited company in Hong Kong, helping individuals plan their budgets effectively. … Read More
What Is a Company Green Box? What’s Inside the Company Green Box?
In Hong Kong, corporate service providers often provide their clients with such green box sets. This green box is, in fact, a green document box that contains a series of legal documents and seals necessary for the establishment and operation of a company. It is created upon the registration of your company and plays a crucial role in ensuring the lawful operation of your company. … Read More
Opening a Corporate Bank Account: Is it Difficult? How to Proceed?
For those who are just starting out and considering entrepreneurship, opening a company bank account can indeed pose as the first major challenge you encounter. … Read More
【Incorporation Process of Limited Companies】 How to Register a Limited Company? Is the Process Complex?
In Hong Kong, the process of incorporating a limited company is relatively more complex compared to an unlimited company. … Read More
What Are the Main Duties of a Company Secretary? Why is a Legal Secretary Necessary for Company Incorporation?
For new entrepreneurs, having limited understanding of limited companies is quite common. … Read More
The Difference Between Limited Company and Unlimited Company – How to Decide Which One to Start? A Video and Table Guide for Analysis!
A Limited company refers to a company with Limited liability, which means that, in general, the company’s debts are primarily borne by the company itself, and the personal assets of shareholders are protected in most cases unless shareholders have signed specific guarantees. … Read More
When does a limited company need to file a tax return? What is the process of filing a tax return?
Many entrepreneurs who have just opened a company do not know much about the time and process of filing tax returns for Hong Kong Limited companies. This topic will shares with you the basic knowledge and concept of filing tax returns for Hong Kong companies! … Read More
【Change of Inland Revenue Department’s address】Relocation of the Inland Revenue Department to the Inland Revenue Centre, Kai Tak，Kowloon.
Starting from 15 May 2023, all Inland Revenue Department （IRD） offices will be relocated to the Inland Revenue Centre at 5 Concorde Road, Kai Tak, Kowloon. … Read More
What is Auditing? What is the difference between auditing and accounting? What documents do I need to provide for auditing?
What is Auditing? What is the difference between auditing and accounting? What documents do I need to provide for auditing? … Read More