If you own a small business, you might occasionally need documents notarized. After seeing the price tag on their services, though, it might be tempting to change industries. Their fees often can get up to the HK$1000s for as little work as a single signature. The process of becoming a notary public, and joining their society, reveals why: it is …
A CHECKLIST FOR PREPARATION OF SIGNIFICANT CONTROLLERS REGISTER
Previously, we gave you an introduction and general guide to the Significant Controllers Register, the ‘SCR’. Here, we have compiled all the major points into a checklist for the preparation of your SCR. 1. Find a place to keep the SCR. The SCR can be kept at the registered office or any other place in Hong Kong. If the SCR …
WHAT IS THE CONTENT OF SIGNIFICANT CONTROLLERS REGISTER?
After identifying the significant controllers in your company, you should enter the content into a Significant Controllers Register, keep it up-to-date, and make it available for inspection. It is important to note that certain details must be included in SCR: • The ‘required particulars’ of every significant controller of the company. The ‘required particulars’ include name, nature of control over the company, …
WHO IS THE SIGNIFICANT CONTROLLER OF A COMPANY?
All companies incorporated in Hong Kong (except listed companies) should identify persons who have significant control over the company (‘significant controllers’) and maintain a significant controllers register (‘SCR’) to be accessible by law enforcement officers. A person has ‘significant control’ over a company if one or more of the following condition are met: • The person holds, directly or indirectly, …
HOW STORYTELLING COULD REVOLUTIONIZE YOUR ELEVATOR PITCH
Story Telling: The “Why” before “What” Robert McKee puts it best – “Storytelling is the most powerful way to put ideas into the world.” Nowhere is this truer than when pitching your business to investors or trying to win over a potential client. Storytelling binds humans together because it is our base form of communication to connect and bond with …
3 WAYS TO BUILD BUSINESS NETWORK FOR AN ENTREPRENEUR
Building relationships and business network is important for starting a business because it can help you to take a step back everything from branding strategy to funding. A good relationship is mutually beneficial, which enables both parties to help each other in an organic way. To build this kind of relationship, only attending business networking events and keeping business information …
3 EASY, EFFECTIVE WAYS TO INCREASE SALES AND TRAFFIC FOR E-COMMERCE SHOPS
3 Effective Ways to Increase Sales and Traffic for E-Commerce Shops If you operate your business on an e-commerce platform like Shopify, you know that it can be difficult to create traffic and close sales. Below, Centre O offers easy ways to boost your sales: Send Samples to Social Media Influencers Social media can be a powerful tool to attract …
HOW TO CONNECT DBS ACCOUNT WITH XERO
If you are using a DBS account, you can link your account to XERO and have your transactions to be reconciled automatically every 24 hour. This way, you can check your invoices’ status to see whether payment has been received or not on your DBS Account. To connect your DBS account, you should: 1. In the Accounts menu, select Bank Accounts, then …
HOW TO CONNECT HSBC ACCOUNT WITH XERO
At Centre O, we work very hard to facilitate the process of serving our clients, including using XERO as accounting cloud-base system to make your finances much easier. By connecting your HSBC Account to Xero, your transactions will be reconciled automatically every 24 hour. Below is the process to connect your HSBC account to XERO: 1. In the Accounts menu, …
HONG KONG BOOK FAIR HKTDC 2018
Next week starting Wednesday 18th July is also is also the Hong Kong Book Fair! The annual Hong Kong Book Fair is entering its 28th year and hopes to attract readers from diverse cultural backgrounds. The main activity at the fair is, of course, shopping for books, but other attractions include e-learning resources, a copyright and publishing corner, and the …