Q : Can I still file my company’s ECI if its financial year end shown at mytax.iras.gov.sg or the ECI notification from IRAS is incorrect? A : Yes. Do proceed to file the ECI. You should also update the financial year end with the Accounting and Corporate Regulatory Authority (ACRA). IRAS will then update its records based on the information filed with ACRA.
1. What is smart HK Smart ID?
The Hong Kong identity card is an official identity document issued by the Immigration Department of Hong Kong.
What are the specific goals of my Google Ads campaign?
Before starting a campaign, it’s important to define what you want to achieve with it. Do you want to increase website relevant traffic, generate high-quality leads, boost sales, or improve brand awareness? Defining your goals will help you create targeted ads and measure the success of your campaign.
Taxpayer can make deduction claim for more than one insured person in respect of qualifying premiums paid.
the Taiwan company name must be registered in traditional Chinese. If you expect the company will make international transactions, you may additionally register a English name for your Taiwan company.
What is the self-assessment tool used for?
It is an online tool to assess if you qualify for an Employment Pass or S Pass based on the information provided, such as salary, educational qualifications and work experience.
Hong Kong is ready to welcome visitors from all around the world with open arms and open doors!
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.
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.
More effective coordination of business with Hong Kong government officials.
Gratuitous transfer shares or conveyance of investment of capital by way of gift, the donor is generally liable for gift tax return and payment.
Let’s find some information about Hong Kong Company Formation & Maintenance!
Every Malaysia companies must prepare annual audited financial statements and appoint an auditor within 18 months from the date of incorporation and, who must be a member of the Malaysian Accounting Standards Board and hold a practising certificate.
Yes, you can change your company name after register a company in Singapore but the company has to file the change of company name via ACRA.
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.
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.
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.
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.
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.
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.
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.
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.
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.
![[Hong Kong] Deregistration of a Defunct Solvent Company in Hong Kong](https://premiatnc.blog/wp-content/uploads/2022/06/Webinar-thumb-1-38.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.
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.
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.
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.
Employer must complete the return and lodge with Inland Revenue Department (“IRD”) within 1 month from the issue date of the return even if no employee was hired during the year or the business has not commenced.
Hong Kong Company Maintenance – Major government Annual Reporting
– Annual Return
– Business Registration
– PTR & ER
Singapore has established a financial centre of international repute and offers a broad range of financial services and retained its position as the largest foreign exchange centre in the region.
