Hong Kong and Serbia Came Together to Signed Double Taxation Avoidance Pact The Secretary for Financial Services and the Treasury of Hong Kong has signed a comprehensive avoidance of double taxation agreement (CDTA) with Serbia on behalf of the Hong Kong Special Administrative Region Government. The avoidance of double taxation agreement signifies the Government’s efforts…
3 Essential Things Needed in a Hong Kong Founders’ Agreement It is vital for the business’s founders to arrange themselves first before establishing the business. Founders’ agreement in Hong Kong is the outcome of discussions among business’s founding members at the initial stages of its establishment. The main purpose of these discussions is to provide…
Thinking Through the Pros and Cons of Convertible Notes in Hong Kong One determining factor of the successful growth of a startup company is investments. These investments can be financial support from conventional venture capital, top-earning investors, or close friends and relatives. Yet, investors are sometimes scarce. Also, there are several considerations to take before…
Benefits of Venture Capital for Startups A startup business’s sustainability can be made achievable with a steady influx of money. The concept of stability in funds enables startup businesses to have firm ground, scale-up, and continuously grow in the industry. Such financial stability is sometimes achieved with the help of venture capital. Venture capital can…
How Companies May Conduct AGMs During the COVID-19 Pandemic The COVID-19 pandemic presents a lot of risks for companies in holding important meetings. People are supposed to avoid social groups, public gatherings, and large business activities. With that, meetings could not be held due to gathering regulations and travel restrictions. For example, in Hong Kong,…
Debt Financing in Hong Kong: What Do You Need to Know Before Incorporation Raising capital for your business takes an excessive amount of time and strategies to implement. Business owners are constrained as to what actions they can do on fundraising. And perhaps, after the fundraising block, shareholders would like to see you achieve certain…
New Amendments Will Affect the Allotment and Redemption of Shares Hong Kong’s Stamp Duty Ordinance comes into effect on 1 August 2020. It is an Amendment of Schedule 8 Regulation 2020. With the changes, stamp duty will be exempted on the purchase and sale of stocks in Hong Kong. This applies to stock that involves…
3E Accounting Founder Lawrence Chai Shortlisted for Digital Accountancy Awards 2020 This year’s Digital Accountancy Forum and Awards will be conducted virtually on 30 September 2020. There are 10 Corporate Award categories and 3 Individual Award categories. 3E Accounting Founder Lawrence Chai has been shortlisted as a Finalist in 2 Awards categories – Young Accountant…
3E Accounting Participates In the Association of Chartered Certified Accountants (ACCA) Hong Kong 70th Anniversary This year marks the 70th Anniversary of the Association of Chartered Certified Accountants (ACCA) Hong Kong. Since its establishment in 1950, ACCA Hong Kong has been building its brand with collective efforts from many different generations and strong endorsement and…
Dear Valued Customers, 3E Accounting Limited Connects With Hong Kong What an amazing journey we had so far. After the Virtual Opening of 3E Accounting Limited, we’re embarking on a proactive exercise to connect with Hong Kong industry, with presentations at the first-ever Virtual Accounting and Finance Show Hong Kong and ACCA Hong Kong webinar. I’m…