Hong Kong

Amidst the global economic challenges and the ongoing impact of the pandemic, Hong Kong’s Financial Secretary, Paul Chan, has rolled out the Hong Kong Budget 2024-25 on 28 February under the theme ‘Advance with confidence. Seize opportunities. Strive for high-quality development’. The budget introduces measures aimed at boosting economic recovery, driving sector-specific growth, and providing support for small and medium enterprises (SMEs). These measures will be crucial for maintaining Hong Kong’s competitiveness in the medium to long term and ensuring sustainable growth for the city. In this article, we will provide a simplified summary to help you understand how these measures...

Are you an ambitious entrepreneur, eyeing the vast potential of the Asian market, yet finding yourself at a crossroads, unsure of which path to take? If so, Hong Kong might be the perfect solution.  Ranked 5th out of 63 by The International Institute for Management Development (IMD) World Competitive Yearbook 2022, Hong Kong stands tall as a global business powerhouse. Due to its advantageous geographic position, robust economic development, and business-friendly policies, it comes as no surprise that many entrepreneurs opt to establish their startup operations in Hong Kong to broaden their global reach into the Asian market. Besides its...

The rules regarding the requirements for holding the Annual General Meetings by Hong Kong companies have changed by allowing hybrid and virtual meetings without specific location restrictions. Find out the details in this article.

This articles why and how important is the company secretary role for Hong Kong registered companies. The company secretary is compulsory for all registered companies in Hong Kong.

In the ever-evolving landscape of global business, the concept of an entrepreneur’s visa has emerged as a pivotal gateway for individuals seeking to turn their visions into reality on an international scale. At its core, the entrepreneurs visa serves as a bridge between aspiration and accomplishment, offering enterprising minds the opportunity to establish and flourish within foreign markets. One such market that has consistently beckoned entrepreneurs seeking investment opportunities is none other than the vibrant city of Hong Kong. Nestled at the crossroads of East and West, Hong Kong’s allure as a global business hub and gateway to mainland China...

Running a business requires finding suitable clients, partners and suppliers. Learn how to expand your Business Network through Events!

In the bustling financial landscape of Hong Kong, tax-efficient investing is a pivotal element of financial success for both seasoned investors and newcomers to the world of finance. Hong Kong’s status as a global financial hub with favorable tax policies makes it an attractive destination for investors seeking to maximize their returns while minimizing tax liabilities. If you’ve been thinking about tax-efficient investing and managing dividend distributions in Hong Kong, you’ve come to the right place. In this comprehensive guide, we will delve into the realm of tax-efficient investing in Hong Kong, shedding light on the strategies and practices that...

In the dynamic world of finance and business, timely and accurate financial reporting is crucial for decision-making, assessing performance, and meeting regulatory requirements. Maintaining a regular and up-to-date bookkeeping is thus significant to visualize the performance of the company. At RBA, we understand that managing your company’s finances can be a complex and time-consuming task. That is why we offer a range of essential accounting services to ensure that your business operates at its full potential. Quarterly Bookkeeping Accurate and up-to-date financial records are the backbone of any successful business. Regular bookkeeping reduces the risk of financial discrepancies and errors,...

MBiA was pleased to participate in yet the new 2023 edition of greatly organized edition Singapore and Hong Kong Fintech Festival. Find out more about participants and event line up here.

Company bank account opening in Hong Kong in 2023 : Hong Kong is a renowned global financial hub that offers numerous opportunities and benefits for businesses wishing to conquer the Asian market. Whether you are looking to optimize your taxes or looking for a way to break into the Asian market, you can never go wrong with Hong Kong. Having a company bank account Hong Kong is crucial for businesses seeking to establish a strong financial presence in the region. After all, how are you going to transact, pay your suppliers, and salaries without a bank account? From seamless international transactions...

Legal requirements company set up Hong Kong in 2023 : Christened the world’s freest economy, Hong Kong is one of the most business-friendly cities in the world. For this reason, entrepreneurs and companies that want to use Hong Kong as a springboard to conquer the Asian Market simply can’t resist its allure. With a highly skilled workforce, a favorable tax regime, a strategic location, and a hub for startups, Hong Kong continues to capture the imagination of many. Setting up a company in Hong Kong is an attractive option for local and foreign businesses seeking to establish their presence in...

MBiA's latest Guide on Setting Up Your Tech Startup in Asia has been released and benchmarks the best Asian countries to start your startup!

Hong Kong has a territorial tax system that require to understand the difference between Onshore and Offshore Profits

That many people dream of their startups making it big in Hong Kong is not in doubt. With low tax rates, a bustling commercial hub, a well-established legal system, and a government that supports startups, Hong Kong has indeed become the destination of choice for most entrepreneurs that dare to spread their tentacles. All about Startup incorporation services Hong Kong just below. Starting a business is an exciting challenge. With the right product or service, the sky is the limit. However, before you can commence operations for your startup in Hong Kong, incorporation is of the essence. Incorporating in Hong...

Under the regulations of the Companies Ordinance effective from March 2018, it is a legal requirement for every company incorporated in Hong Kong to hold a Significant Controllers Register (“SCR”). Purpose for preparing the Significant Controllers Register The purpose of the SCR is to enhance transparency of corporate beneficial ownership, which helps combat money laundering and terrorist financing activities. It also enables law enforcement agencies to identify the beneficial owners of a company and understand who has ultimate control over it as well. This information is crucial in identifying and tracking down individuals or entities that may be involved in...

The Guide and Tips to Raising Funds by convincing investors of that your company will be a fruitful investment in their portfolio.