Below you'll find a list of all posts that have been tagged as “#entrepreneur”
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 …
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, …
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, …
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 …
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 …
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, …
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 …
JCCAC Arts Village and Arts Centre The JCCAC calls itself a “multidisciplinary arts village and arts centre” that is dedicated to cultivating a creative spirit that nurtures creators and encourages visitors to live a more artistic life. On the ground floor and in the basement, there are frequent classes, theatre productions, and shops open to the public to visit and …
Handicrafts are a great way to become an entrepreneur, and in Hong Kong there are many options for setting up places to sell your products online. We’ve selected two of the most popular websites from the Chinese speaking Hong Kong community. CRECRA (crecra.com) offers many gatherings and fairs about a variety of subjects, crafts, and nationalities, as well as gatherings for …
Below is a follow up on the new EU General Data Protection Regulation (GDPR), and an overview of the new data subject rights. Take time to review and make sure you’re aware of the specific processes and actions that your company needs to take to adhere to your users’ rights. Data Subject Rights Breach Notification It will become mandatory …