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) …

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

Marketing COMPANY SECRETARIAL, INCORPORATION

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 …

Application Process of Employment Agency License

Marketing ACCOUNTING & AUDITING, COMPANY SECRETARIAL, INCORPORATION, SERVICED OFFICE 0 Comments

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 …

Obligation for Hong Kong Companies to Maintain Significant Controllers Register

Marketing COMPANY SECRETARIAL, INCORPORATION 0 Comments

Any Hong Kong incorporated companies are required to maintain a Register of Significant Controllers by taking reasonable steps to identify its significant controllers. From 1 March 2018, all Hong Kong incorporated companies, except for those companies that are listed on the Hong Kong Stock Exchange, are required to maintain a Register of Significant Controllers (the ‘SCR’), which will be accessible to the …

Companies Ordinance 2018: Keeping of Significant Controllers Register

Marketing COMPANY SECRETARIAL, INCORPORATION 0 Comments

Company (Amendment) Ordinance 2018, has been introduced since 1 March 2018. There are new requirements on the keeping of significant controllers registers by companies has come into operation. All registered Hong Kong Limited Companies are required to identify a person/ persons who has/ have significant control over the company and maintain a Significant Controllers Register, informing and updating your Company …

Significant Controllers Registry Compliance

A CHECKLIST FOR PREPARATION OF SIGNIFICANT CONTROLLERS REGISTER

Marketing INCORPORATION

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 …

HOW STORYTELLING COULD REVOLUTIONIZE YOUR ELEVATOR PITCH

Marketing INCORPORATION

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 …

THE PERSONALITY TRAITS THAT ENTREPRENEURS MUST HAVE

Marketing INCORPORATION

Entrepreneurship is challenging. Here are five personality traits that you should develop in order to be ready to start and grow your business. Passion Entrepreneurs themselves are the heart of the startup company! Their passion and enthusiasm for work will motivate the rest of the team and drive the company to success. Building a business takes a lot of time …