E-invoicing for Hong Kong Companies: The Basics and Major Benefits Invoicing refers to the recording of transactions between the buyer and the seller in a commercial document. It consists of information about the amount owed by either the buyer or the seller, the payment due, and the available methods of payment. Recording and maintaining an…
Accounting Trends in 2020: What You Should Know The rise of digital technologies like cloud and artificial intelligence are shaping the present and the future of accounting. The growing dominance of these technologies is because of increasing client demands and the rapid pace of change in the accounting world. If you want to leverage the…
Differences Between Corporate Accounting and Statutory Audit: What You Should Know Accounting and auditing are mandatory processes for businesses all around the world. If you have a business in Hong Kong, it is important to understand the audit laws and regulations early on. Therefore, you must choose a reliable accounting service company that can help…
Skies Reopened With Hong Kong – Singapore Travel Bubble In the COVID-19 next normal, ‘travel bubble’ and ‘travel corridor’ are the new buzzwords. More and more countries have started to join in the talks of making pacts and establishing travel bubbles. For Hong Kong and Singapore, these plans are about to become a reality, and…
Investment Advisory Body Created to Help Amp Hong Kong’s Financial and Commercial Status On their recent announcement, the Hong Kong Government made the latest update on the establishment of two advisory bodies. A governance committee and an investment committee was created to aid the Hong Kong Growth Portfolio with strategic plans, counsel, and guidance on…
What Does It Take to Be a Modern Secretary in Hong Kong? A corporate secretary is a major and inseparable employee of a company. Their line of functions varies from preparing agendas for meetings to assisting directors in making crucial business decisions. Although a corporate secretary is very helpful, to become a modern secretary in…
5 Ways to Run an Interactive Business Meeting Business meetings are not the most enjoyable activity to do in the workplace. Workers would prefer to do anything other than to sit down to another meeting. Meetings are only effective if its objectives are achieved, and staff are still relaxed while indulging themselves. In other words,…
Salient Features of E-sign Laws in Hong Kong Working from home has become the new normal since imposing existing limits on socialization to fight the COVID-19 outbreak. Consequently, it is not convenient to sign copies of paper documents, and many companies consider the use of e-signatures. But what are e-signatures, and what are the laws…
Certificate of Continuing Registration: What is It and How to Apply? A Certificate of Continuing Registration confirms a company’s continued registration in Hong Kong. Further, the certificate declares that a company fulfils all organizational standards in compliance with Companies Ordinances. Accordingly, this official document bears the authorized registrar’s signature from the Hong Kong Registrar of…
Step by Step Guide on How to Video Conference a Board Meeting For most board members, in-person meetings are the favoured and preferred way of doing board meetings. They are often disappointed by the idea of online meetings because video conferencing is often considered as a ‘Plan B.’ However, the issue lies in the fact…