The Employment (Amendment) Ordinance 2018 for Employment Agent License Holders

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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 …

Company Registry in Hong Kong has sanctioned approximately 1 in 4 firms during Anti-Money Laundering Inspections on 1,800 TCSPs licensed operators

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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

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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

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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?

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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 …

Starting an Employment Agency in Hong Kong with a license

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Want to learn more about starting an employment agency in Hong Kong? You came to the right place! To begin with, what is an employment agency anyways? An employment agency is basically the messenger or the middleman between the employer and potential employee. The Hong Kong Employment Ordinance defines it as “an establishment or person who aims at obtaining employment …

Application Process of Employment Agency License

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Obtaining an employment agency license is not as hard as you may think. Rather it is simple and straightforward as long as you have the necessary documents and follow the application steps. There is a procedure for applying for an employment agency license. Don’t worry if you are not familiar with the process as we have it all listed out …