FAQs About the Importance of Business Licenses in Hong Kong Acquiring a business license is an important phase while starting a company in Hong Kong. In this article, we look at the importance of business licenses in Hong Kong by answering some frequently asked questions. Depending on the nature of your business, it is mandatory…
Hong Kong Company Registration: The Advantages of Incorporation in Hong Kong The investor’s craze for Hong Kong can baffle many. Thousands of companies are being registered in the region every month. Even so, the influx of business owners and investors isn’t slowing down anytime soon. In this article, we look at the most significant advantages…
Everything You Need to Know About Issuing a Hong Kong Company IPO IPO stands for Initial Public Offering. It’s when a private limited company goes public, allowing the general population to buy shares of the firm. In this article, we’ll discuss in detail what a Hong Kong Company IPO is, and how it works. …
3E Accounting Limited Founder Lawrence Is Invited Speaker at ACCA Hong Kong Webinar 3E Accounting Founder Lawrence Chai was on the expert panel at the ACCA Hong Kong Webinar, held live online on 12 August 2020. The other panellists were: Rosanna Choi Partner, CW CPA and Chair of ACCA global forum for SMEs …
Hong Kong’s Tight Screening on Travellers Requires Employers to Sign a Pledge When Applying for Their FDH’s Visas On July 21, 2020, given the current situation of the COVID-19 pandemic, the Hong Kong Government has gazetted certain specifications under the Prevention and Control of Disease to set conditions based on public health grounds on travellers…
The 3 Reasons Behind 3E Accounting’s Entry into Hong Kong Amid Covid-19 & Civil Unrest “Why did you choose to spend HK$3 million to enter into Hong Kong’s market now when other companies are pulling out?” We have been asked frequently about our unusual business decision, so we wrote a blog piece to explain our…
The Legislative Council in Hong Kong Releases New Bill to Reduce Profits Tax The government of Hong Kong passed the Inland Revenue (Amendment) (Profits Tax Concessions for Insurance-related Businesses) Bill 2019 previously on the 15th of July 2020. The Legislative Council approved bill would introduce interesting tax rates for eligible profits derived from the various…
Hong Kong’s Limited Partnership Fund Bill is Set to Attract Private Funds On the 9th of July 2020, Hong Kong’s Secretary for Financial Services and the Treasury, Mr Christopher Hui and Hong Kong’s Legislative Council passed the passage of the Limited Partnership Fund Bill. The bill was gazetted early this year on the 20th of…
Phases of 3E Accounting’s 18 Months Expansion to HK Amid Covid-19 Covid-19 had drastically changed the boundaries of human interactions which made traditional methods of business impossible. The health crisis swiftly transformed into an economic crisis which forced companies to cut back on non-essential expenses and retrench workers. Nonetheless, we made the bold and aggressive…
Hong Kong: 48,000 Local Companies Newly Registered in the Mid-2020 By the end of June 2020, Hong Kong’s total number of local companies registered was 1.38 million. Additionally, 48,760 local companies were newly registered in the first half of 2020 according to a new report by the Companies Registry. 876 foreign entities established a place…