Census and Statistics Department Survey of Employment and Vacancies

Marketing Uncategorized

Many people may ask what is Census and Statistics Department (C&SD)?  This department provide major social and economic official statistics  about companies in Hong Kong. The law governing the work of the C&SD is the Census and Statistics Ordinance ( Chapter 316). C&SD provides census of population and collection, compilation and publication of statistical information concerning Hong Kong and any …

Latest arrangements for public services of Inland Revenue Department

Marketing Uncategorized

In view of the latest situation of COVID-19 and in response to the Government’s announcement that limited service arrangements for government departments will be implemented to reduce social contact, the Inland Revenue Department announced from tomorrow (March 23, 2020) it will suspend the provision of all of its services, except for the following: Offices Opening hours Central Enquiry Counter (only …

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 …

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. …

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

Marketing Uncategorized 0 Comments

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

Marketing Uncategorized 0 Comments

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 …