Change in Particulars of Hong Kong Company
Change in Particulars of Hong Kong Company, we need to notify Companies Registry & Inland Revenue in specified forms like Change of Particulars of Secretary and Director, Change of Registered Office Address and so on.
Malaysia Company Formation & Maintenance
Let’s know about Malaysia Formation & Maintenance together!
Premia TNC Hong Kong Webinar – Hong Kong Company Maintenance & Renewal
we will introduce to you the Key Fact about annual renewal for this Private Limited Company by Shares. It is required to appoint a company secretary. The Company Secretary must be HK residents or bodies corporate having their registered address in HK.
대만 투자 진출 가이드 ‘법인 설립 편’
프레미아 티엔씨에서 대만 법인 설립에 필요한 정보에 대해 안내드립니다.
싱가포르 투자 진출 가이드 현장 세미나
프레미아 티엔씨에서 싱가포르 법인 운영에 필요한 은행 계좌 개설 및 회사 종류 및 진출 형태에 대해 안내드립니다.
[Hong Kong] Offshore Income claim
Hong Kong adopts territorial basis of taxation.
It means only business profits, employment income and property rental income arising in or derived from Hong Kong is taxable.
Hong Kong Basic Accounting and Taxation in Hong Kong
The financial statements must be audited.
and these requirements do not apply to a company that is dormant.
[Hong Kong] The role of company secretary
More effective coordination of business with Hong Kong government officials.
[Hong Kong] Hong Kong Company Formation & Maintenance
Let’s find some information about Hong Kong Company Formation & Maintenance!
[Hong Kong] Hong Kong Profits Tax
Hong Kong adopts territorial basis of taxation.
It means only business profits, arising in or derived from Hong Kong is taxable. It applies to both residents and non-residents of Hong Kong.
홍콩 투자 진출 가이드 – 법인 운영편
프레미아 티엔씨에서 홍콩 법인 운영에 대해 안내드립니다.
[Hong Kong] How to setup a Non-Hong Kong Company
For companies incorporated outside of Hong Kong and establish a place of business in Hong Kong.
[Taiwan] Taiwan Taxation
– Corporate : income sourced from onshore and offshore are subject to income tax
– Individual : onshore income are subject to income tax ; offshore income are subject to alternative minimum income tax
[Singapore] So How to open a bank account remotely
In general, after the company is incorporated and setup, as a business owner and investor, the corporate bank account will be needed in order to run your business.
[Hong Kong] Tax Avoidance in Hong Kong
Taxpayers should submit their tax returns correctly and promptly to the Inland Revenue Department. Also, taxpayers may hire tax planners to help them avoid paying taxes according to Hong Kong tax law. While some practice is allowed, the law allows only to a certain extent.
[Hong Kong] Admission Scheme – General Employment Policy (GEP)
In general, unless a person has the right of abode or right to land in Hong Kong, he or she requires a visa or entry permit to work, study, establish or join in any business, take up residence or to stay in Hong Kong as a visitor longer than the allowed visa free period.
[Hong Kong] Requirement of Address Proof for Incorporation & Bank Account
For Hong Kong company incorporation, it is required to provide the residential address of each individual director and individual shareholder for registration. This address can be a non-Hong Kong address however “Care of” address and P.O Box address will not be accepted.
[Hong Kong] How to setup a Non-profit Organizations
The goal of any nonprofit organization is to offer knowledge, services or research to benefit the broader community or general public using majority organization’s funds.
[Hong Kong] Requisite Documents for Hong Kong Private Limited Company Registration
According to the Laws of Hong Kong, each company must hire a company secretary who must reside in Hong Kong or a group that must have its registered office in Hong Kong. Of all the duties, the company secretary has to make certain that the company is in compliance with the statutory requirements of the Hong Kong Companies Ordinance and must maintain the statutory documents of the company.
[Hong Kong] Change of Company Secretary
According to the Laws of Hong Kong, each company must hire a company secretary who must reside in Hong Kong or a group that must have its registered office in Hong Kong. Of all the duties, the company secretary has to make certain that the company is in compliance with the statutory requirements of the Hong Kong Companies Ordinance and must maintain the statutory documents of the company.
Registered address of Hong Kong Company
Under the Companies Ordinance, a company must have a registered office in Hong Kong to which all communication and notices may be addressed. It required that the registered address must be a physical address and cannot be a P.O. Box.
Annual General Meeting in Hong Kong
Under the Companies Ordinance, a company must hold an AGM in respect of each financial year of the company, instead of in each calendar year.
Deregistration of a defunct solvent company in Hong Kong
![[Hong Kong] Deregistration of a Defunct Solvent Company in Hong Kong](https://premiatnc.blog/wp-content/uploads/2022/06/Webinar-thumb-1-38-1024x563.png)
In fact, not every company can arrange deregistration. The company must be a defunct solvent company. Also, a director or member of the company, company limited by shares or company limited by guarantee can apply the deregistration.
Withholding Tax in Hong Kong
There is no withholding tax on dividend distributions and interest payments from a Hong Kong entity.
On the other hand, specific types of payments are subject to withholding tax in Hong Kong. They are royalties paid to non-residents and fees paid to non-resident entertainers or sportsmen for their performances in Hong Kong. Next, I will provide further details about royalties paid to non-residents.
What is Closer Economic Partnership Arrangement (CEPA)?
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is a free trade agreement concluded by the mainland and Hong Kong. Under CEPA, all products of Hong Kong origin, except for a few prohibited articles, can be imported into the mainland tariff-free.
CEPA Covers 4 Broad Areas
273 classes of Hong-Kong-made goods can be exported to the mainland free of tariff. For other categories of ‘made in Hong Kong’ products, the mainland also agreed to apply a zero-import tariff, upon applications by local manufacturers for other product codes maintained on China’s tariff system and meeting the CEPA rules of origin.
Certificate of Hong Kong Orgin – (CEPA CO)
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is a free trade agreement concluded by the mainland and Hong Kong. Under CEPA, all products of Hong Kong origin, except for a few prohibited articles, can be imported into the mainland tariff‑free.
Singapore Subsidiary VS Singapore Branch
A Singapore Subsidiary is a locally incorporated company which can be 100% owned by foreign individual and corporate. It is separate legal entity from its members and directors. Members have limited liability.
Introduction of Hong Kong Tax System : Profit Tax
Hong Kong Tax System is simple and tax rate is low compared with most of Asian countries.
There are three direct taxes in Hong Kong. First is profits tax, i.e. corporate income tax. Second is salaries tax to individuals. Third is property tax chargeable on rental income from real estate.
Hong Kong Company Online Registration
To setup Hong Kong company, beside submit hard copies of registration documents to Companies Registry, which is so call traditional way; nowadays, we can register the HK company online as well.
