Welcome to our little corner of the Internet. Kick your feet up and stay a while.
The 2nd Hong Kong International Outdoor and Tech Light Expo will be held from the 26th of October to the 29th of October in the AsiaWorld-Expo. The admission is free only to trade visitors aged 18 or above. At this expo, there will be: Lighting Solutions and Systems (New) Outdoor Lighting Professional and Industrial Lighting Advertising Lighting If you are …
The 12th Eco Expo Asia: International Trade Fair on Environmental Protection will be held from the 26th of October to the 29th of October in the Hong Kong Convention and Exhibition Centre. From the 26th to the 28th there will only be admission for traders who are 18 and above, but on the 29th there will be free admission to …
Step 2: Creating Vouchers Now that all your invoices and receipts are sorted (See Step 1), the accountant must create vouchers. A voucher is made for the income earned each month, and the different expenses incurred each month. In accounting, earned income and incurred expense does not necessarily mean money was collected or spent. Earned income means a product or …
Ever wonder what magic goes on behind the accountant’s desk that turns your shoe box of invoices and receipts into an income statement? It is not magic at all. Rather, it is a thorough process that can be broken up into four steps. STEP 1: CLASSIFYING ACCOUNTS All your invoices and receipts sent in must be classified as either income, …
The 37th Hong Kong Electronics Fair will be held on from the 13-16th of October in the Hong Kong Convention and Exhibition Centre. ADMISSION FEE HK$100 fee is only for traders and for everyone else its free; have to be18 or over to attend. There will be 3,669 exhibitors showcasing their new electronics. There will be devices such as 3D …
When an overseas company, a company that is not incorporated in Hong Kong, establishes a place of business in Hong Kong, that is a representative office. The establishment of representative offices in Hong Kong by an overseas company is governed by Part XI of the Companies Ordinance. Many companies will create a representative office when they don’t want to create …
When beginning negotiations with business partners or clients, it would be a smart decision to protect yourself with a confidentiality agreement and a letter of intent. Confidentiality Agreements are legally binding and require that your potential partner or client refrains from disclosing or discussing any information to a third party. This protects your business even if the relationship never moves …
Chinese Mid-Autumn Festival is celebrated on the 15th day of the eighth month in the traditional lunar calendar. It is an inherited custom of moon ceremonies. However, the public highly links the Chinese Mid-Autumn Festival and legend of Chang’e. In tale, archer Hou Yi shot nine of the 10 suns out of the sky to cool the earth. Wangmu, the …
October 1st is the date to save for The People’s Republic of China’s National Day celebration! This celebrates the founding of The People’s Republic of China on October 1st, 1949. Hong Kong only started to celebrate this holiday since 1997, the year of the British handover of HK to China. This holiday, like many other big holidays in Hong Kong, comes …
Before you start doing business, make sure you put basic legal documents in place. Written legal agreements are the best way to clearly state what you expect from all parties within the deal. Legal agreements will also help avoid conflicts and will give you legal options in case things go south. If written clearly and signed by all members from …