Hong Kong Funding Scheme for Business Development ( Con’t)

Marketing Funds

Continuing with the pervious blog, the Hong Kong SAR Government offers various fund schemes to local SMEs. It supports their growth, development and expansion of each business. Besides the funds on pervious blog, below are the 6 schemes that we will highlight the speciality of each of them.    SME Export Marketing Fund (EMF) EMF aims to encourage SMEs to expand their …

Hong Kong Funding Scheme for Business Development

Marketing Funds 0 Comments

Getting cash flow is the very first step for any new business. There are many sources to consider when a business owner is looking for financing such as personal savings, capitalising and loans. One more option to consider is the funding schemes provided by the Government. Hence we would like to introduce a few that specifically focusing to Small and Medium …

Relief Measures to Businesses in Hong Kong 2020

Marketing Funds, INCORPORATION, Uncategorized

The Hong Kong government implement relief measures to businesses on electricity and water and sewage fees. Firstly, subsidising 75% of electricity charges for four extra months, subject to a monthly cap of HK$5,000, for non-residential accounts.  Secondly, waiving 75% of water and sewage charges of non-domestic households for four extra months, subject to a monthly cap of HK$20,000 and HK$12,500 …

Company Registry Facilitating Business in Hong Kong

Marketing COMPANY SECRETARIAL, INCORPORATION, Uncategorized

The needs of companies and the community are changing in Hong Kong rapidly. Moreover, the Companies Registry (CR) continued to update the policies, regulations and processes.  It not only invested in the information technology systems to increase the efficiency of starting a business. But also on-going invest in innovative ideas, digitalisation and new technology.  Implementation of the Companies (Amendment)(No. 2) …

Company Registry – Financials and Business Review

Marketing COMPANY SECRETARIAL, Uncategorized

Financial Performance The Company Registry’s sources of revenue comprise mainly the incorporation of new companies, the registration of annual returns and searches for company information, constituting more than 85% of the total revenue. Over the years, it operates on a self-financing basis and provides funds for its sustainable development. Business Review The Company Registry’s services mainly comprise the registration of …

Trade Fair Schedules at Hong Kong Trade Development Council

Marketing EVENT, Uncategorized

Due to the current situation of the novel coronavirus outbreak thought-out the world. The Hong Kong Trade and Development  Council (HKTDC) is working closely with the industry representatives on health and safety measures for upcoming conference, meetings, trade fairs in Hong Kong. After meeting with industry representatives, consolidated ideas and suggestions, they came together with decisions on reschedule trade fairs between March …

What to do when I receive a Profit Tax Return?

Marketing ACCOUNTING & AUDITING

Each year in April, the Inland Revenue Department will send out Profit Tax Return forms. Companies should filled out Profits Tax Return and any required supplementary forms within 1 month from the date of issue. The compliance date of submission is specified on first page of the profits tax return. It is still advised to hire a reliable tax representative …

Important Notice: Coronavirus and Centre O Offices

Marketing Uncategorized

Latest updates and contact information Our offices in Hong Kong and China are open as normal. In the interest of staff and client well-being,  some of our team members will be working remotely. All the while we will continue to provide uninterrupted service to clients, partners and contacts.     We encourage the use of mobile; skype; wechat, whatsapp or google meet …

2020-2021 Budget leads Hong Kong to a diversified economy

Marketing Funds, Uncategorized

The main purposes of budget 2020-2021 are revitalising economy and relieving burden from the locals. Our Financial Secretary, Paul Chan focused on leading Hong Kong to a diversified economy.   Looking back 2019, GDP growth rate was -1.2%. This figure shown there was slightly decline in previous year. Hong Kong may experience a negative or very slow economic growth in 2020. …

The 2020-2021 Budget Help Businesses in Hong Kong

Marketing Funds

Our Hong Kong Financial Secretary, Mr Paul Chan recently proposed his 2020 to 2021 budget to help businesses in Hong Kong. He claimed 2019 was a difficult year for both companies and society.  Starting with the on going world-wide trade conflict. Then the social unrest.  Before the Hong Kong Government has sort out the problem. Now suffering from an even …