8 Hong Kong Company Setup Mistakes Foreign Founders Make in 2026
From the mandatory company secretary to bank KYC and the Significant Controllers Register, avoid the eight costliest Hong Kong company setup mistakes in 2026.
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6 Ways to Cut HK Company Secretarial & Compliance Costs in 2026
Cut Hong Kong company secretary service bills: fees run HK$1,300–HK$8,000/year. 6 ways to trim 2026 compliance spend without breaking Companies Registry rules.
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7 Post-Incorporation Compliance Steps in Hong Kong
This post-incorporation Hong Kong checklist maps every deadline. Expect HK$3,480 in late penalties, MPF enrolment within 60 days and Form NAR1 within 42 days.
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Two SMEs Funding Schemes Enhanced
Government Enhances Funding Schemes for SMEs Hong Kong has enhanced two funding schemes: the Dedicated Fund on Branding, Upgrading & Domestic Sales (BUD Fund) and the SME Export Marketing Fund (EMF) schemes for SMEs. Specifically, new measures aiming to provide more focused and sustainable assistance have been introduced. These changes apply to applications received from…
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Hong Kong Expands Duty-Free Allowance for Mainland Visitors to Boost Tourism and Retail
Duty-Free Measures with Mainland China Extend to Cover All Ports The Hong Kong central government’s policy to raise its duty-free allowance has now expanded to include all entry ports. Previously, it was for Mainland residents who wanted to come to Hong Kong. Mainland visitors have well received the new measures as they enhanced their shopping…
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Family Office Tax Exemption Passed
Hong Kong to Be More Favorable for Family Businesses With the Family Office Tax Exemption The Hong Kong Legislative Council has passed the Inland Revenue (Amendment) (Tax Concessions for Family-owned Investment Holding Vehicles) Bill 2022. The bill amends the Inland Revenue Ordinance to offer tax benefits for eligible family-owned investment holding vehicles (FIHVs) in Hong…
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New Taxation Bill in Hong Kong to Combat Cross-Border Tax Avoidance
Hong Kong Introduces New Taxation Bill to Combat Cross-Border Tax Avoidance Hong Kong’s new taxation bill will better address cross-border tax avoidance issues stemming from double non-taxation. The new bill comes into effect on 1 January 2023. Hong Kong promised the European Union in 2021 that it would amend its tax law, hence the introduction…
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Hong Kong’s Legislative Council Endorses Tax Concessions
Hong Kong’s Legislative Council Endorses Tax Concessions The Legislative Council (LegCo) in Hong Kong has approved the proposed tax concessions that were in the 2022-23 Budget. This is a move that is welcomed by the Government because of the benefits that will ensue. Among these benefits include a reduction in personal tax assessment, salary tax,…
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Hong Kong Welcomes the Consensus on Tax Reform
Consensus Focuses on the International Tax Reform Framework’s Key Principles Hong Kong welcomes the consensus on tax reform reached by the international community. The consensus focus on the international tax reform framework’s key principles. The reform was announced on 1 July by the Organisation for Economic Co-operation & Development. They identified it as the international…
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Innovation and Technology for Hong Kong Enterprises
Innovative Technology Can Boost Both R&D Institutions and Enterprises The fourth industrial revolution was said to be the catalyst for organisations to take up innovation and technology (I&T). Organisations of every size, especially enterprises are encouraged to take up relevant research and development (R&D) to increase their respective uses of I&T. Some countries may have…
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