How to Choose a Great Secretary With These 5 Company Secretary Traits Are you looking to hire a secretary, or looking for a job as a secretary? Either way, a candidate must have company secretary traits for him or her to get the job. He/she must also have those company secretary traits for him or…
Innovation & Technology Fund From TCFS Once again, the Guangdong-Hong Kong Technology Co-operation Funding Scheme is back with its innovation and technology fund. First launched almost 16 years ago, the Guangdong-Hong Kong TCFS has since been bridging the gap for technology enthusiasts to conduct their respective research and development. TCFS was introduced as a corporate…
Hong Kong and Serbia Came Together to Sign 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…