Category Archives: Hong Kong

New requirements for Hong Kong companies: Keeping a Significant Controllers Register

Starting this March 1st, 2018, all companies incorporated in Hong Kong (except public/listed companies) are required to keep a significant controllers register. This is a new requirement under the Companies (Amendment) Ordinance 2018. In lemon terms, each company in Hong …

Hong Kong Business Registration Certificate Pricing Increased back to HKD2,250

Starting from April 1st, 2017, the Inland Revenue Department will be increased to a total of HKD2,250 per year. This fee represents the total of the Business Certificate Fee of HKD2,000, plus a levy of HKD250. During the period April …

How to close your Hong Kong company

Members of a Hong Kong company may decide to close down their Hong Kong company. Some of the reasons why some of our clients have selected to close their Hong Kong company include: -Delay or cancellation of the initial project …

Record number of Hong Kong company registrations in 2012

According to a report issued by the Company Registry in Hong Kong, 150,165 were registered in Hong Kong during the calender year of 2012. This averages to over 12,500 companies registered every month. Hong Kong continues to be a clear …

Increase in Hong Kong incorporation fee – August 1st, 2011

Starting from August 1st, 2011, the HKSAR government will increase the business registration certificate fee from the current HKD450 to HKD2,450. As a result, as all incorporation consultants providing Hong Kong company set up services, we will update our Hong …

Hong Kong comes first in economic freedom rankings again

The 2011 Index of Economic Freedom, a project of The Wall Street Journal and the conservative Heritage Foundation, ranked Hong Kong as the world’s freest economy, giving the “Asian tiger” that title for 17 years in a row. The report …

Hong Kong ranks 4th-largest global FDI recipient

Hong Kong was the world’s fourth-largest Foreign Direct Investment (FDI) recipient in 2009, according to the World Investment Report 2010 (WIR) released by the United Nations Conference on Trade and Development (UNCTAD) on July 23. This marks the first time …

Three alternatives to Hong Kong for your offshore trading company in China

Due to its financial and business center status, as well as its proximity to mainland China, Hong Kong is usually at the top of the list for our clients looking to set up an offshore company with the main purpose …

IMPORTANT ADVANCE NOTICE

In order to carry out the year-end closing of our accounting records, instant services for “new business registration” and “updating of change of business particulars” will be suspended on 1 April 2010 (Thursday). The Business Registration Office will resume normal …

Hong Kong Incorporation Package New Pricing

Due to to the increase of the business registration fee by the Hong Kong government, this month, we will be raising our Hong Kong incorporation package price from USD1,200 to USD1,350. The new price will become effective starting on Monday, …