Is your Company Secretary assisting on maintaining and up keeping your Hong Kong Limited company on time?What will happen if you do not file your Annual Return to Company Registry on time? According to section 899 of the Company Ordinance, the Registrar will issue an official notice to a company which fail to deliver Annual Return on timely manner. Company must …
Xero New Subscription Fees starting in 18 March 2020
To help entrepreneurs work better, quicker and truly go paperless with their accounting, From 18 March2020, Xero monthly subscription fees will be increased. In exchange, Xero has acquired Hubdoc to make bills and receipts to be capture easier than ever. Monthly Plans Now From 18 March 2020 Standard US$30/month …
Xero Getting Better with Hubdoc
Get ready for March 2020. Xero is getting even better with Hubdoc. Starting in 18 March 2020, you’ll be able to automate pesky admin tasks and say goodbye to manual data entries. Hubdoc is combined with Xero saving you a monthly retail price of US$20/month. Needing help on handling your monthly accounting, expenses recording, Contact us to know more about …
The Employment (Amendment) Ordinance 2018 for Employment Agent License Holders
The Employment (Amendment) Ordinance 2018, effective since February 9, 2018. Any employment agent is not allowed to collect from a job seeker any fees or charges other than the prescribed commission, which is an amount not exceeding 10 per cent of the first month’s salary of the job seeker upon successful placement.Those who failed to do so may lead to prosecution …
Certifying a Passport Copy by CPA, Lawyers or Notary Public
Many of you are often required to have you passport certified. These certification is used for company incorporation, visa applications, client due diligent check, bank check etc…. A proper with clear text and picture coloured scanned is needed. Both upper and lower bio page must be scanned as one full page document. Nevertheless, the size of the passport scanned has to be …
Company Registry in Hong Kong has sanctioned approximately 1 in 4 firms during Anti-Money Laundering Inspections on 1,800 TCSPs licensed operators
Since March 2018, Company Registry imply Guideline on Compliance of Anti-Money Laundering and Counter -Terrorist Financing Requirements for Trust or Company Services Providers. There has been total of 1800 of TCSP licenses issued within the past 1.5 year. There has been 1024 TCSP licensed operator being interviewed. Total of 452 warnings given out to licensed holder and 32 firms has been …
The 2019- 2020 Budget Highlights for Enterprises in Hong Kong
Hong Kong Financial Secretary Paul Chan recently set out his budget for 2019-2020. Due to the uncertainties in the global economic landscape caused a decline in growth and confidence among enterprises. The budget was prepared with the aim of “supporting enterprises, safeguarding jobs, stabilising the economy, strengthening livelihoods.” Below is the highlight of the budget for SMEs. Support for Enterprises Waiver of …
APEC Travel Card arrangements with US and Canada
The United States and Canada are two members that participate in the APEC program. The American and Canadian APEC cardholders can use expedited immigration when they visit the APEC participating countries. However, they must have a US and Canada visa when they visit these two countries. In the US, the Customs and Border Protection is the government agency that handles …
What is an APEC card?
You should consider getting an APEC card if you are a business owner that travels around the Asia Pacific region a lot. Or you have been spending so much time lining up at the custom going through the immigrations. APEC stands for Asia-Pacific Economic Co-operation Business Travel Card. It is a visa that grants cardholders the privilege of visa-free entry and …
Benefits of using Cloud Accounting
Owners created and started their small businesses with the purpose and intention of doing what they love. Their passions are brought into the real world. Small-business owners are passionate in serving their customers. Therefore, they hope to make something special with their businesses. In an ideal world, these business owners do not have to worry about the admin aspect of …