Moderation in Hong Kong’s Gross Domestic Product (GDP) Growth for First Quarter of 2019 The Hong Kong’s Census and Statistics Department (“C&SD”) has recently released the advance estimates on Gross Domestic Product (“GDP”) for the first quarter of 2019 of Hong Kong. The C&SD has fast-tracked the first release of quarterly GDP to approximately 1…
Hong Kong’s April Inflation Showed an Upward Trend in Several Categories According to the announcement of Hong Kong’s Census & Statistics Department (“the Department”), the country’s consumer price stood at 2.9 per cent year-on-year in April 2019, 0.8 per cent above market expectations. Price Hike In Several Categories Hong Kong’s April Inflation – saw…
A Close-up View of Second Quarter’s Business Performance of Hong Kong in 2019 Released by the C&SD The results of the Quarterly Business Tendency Survey (“QBTS”) for the second quarter (Q2) of 2019 were released by the Census and Statistics Department (C&SD) of Hong Kong on April 26. Business Situation According to the QBTS,…
3E Accounting Setups Work-Life Balanced Workplaces to Address High-Stress Working Culture Which Will Spur Employee’s Productivity and Contribution 3E Accounting was honoured to be featured in ACCA Global January 2019 write-up on “By encouraging mental health awareness in the workplace, finance professionals are better placed to help their SME clients, who may be particularly vulnerable”.…
Filing Your Tax Return On Time in Hong Kong to Inland Revenue Department (IRD) The Inland Revenue Department (IRD) Hong Kong requires taxpayers in Hong Kong to file their tax returns within one month from the date of issues of the returns. The 2018/19 tax returns were issued to taxpayers in Hong Kong on 2…
Waiver of Business Registration Fees for Hong Kong Companies From 2019-2020 From the period of 1st April 209 up to 31st March 2020, the prescribed Business Registration Fee for non-Hong Kong companies will be discounted by an amount of HK$2,000. The Prescribed Fee for Registration of a Company and Business The prescribed fee for…
Public Holidays in Hong Kong for 2020 Dates of the Hong Kong Public Holiday 2020 Gov HK Hong Kong has published on May 2019 In 2020, there will be 19 gazetted public holidays as follows: New Year’s Day 1 Jan 2020 Wednesday Lunar New Year’s Day 25 Jan 2020 Saturday The Second Day of…
Follow These Steps to Starting a Business and You’ll Make it Big in Hong Kong Having a business in Hong Kong means benefitting from one of the most systematic economies in the world. The Hong Kong commerce environment is suited specifically for business, and investors all around the world have been choosing Hong Kong as…
Here Are Steps on How to Establish an Online Business in Hong Kong Many people, especially beginners tend to confuse the concept of running an online business. You need to understand that an online business isn’t very different from traditional commerce. The internet is just a platform. Which means doing online business, most of the…
Comprehensive Guide to Get Through Your Business in Hong Kong Hassle-free Being the world’s freest economy, it is no doubt that Hong Kong has been attracting investors from all over the world. The comprehensive economic structure of Hong Kong including the infrastructure, reach and convenient tax systems have arguably made Hong Kong the easiest place…