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…
Public Holidays in Hong Kong for 2024 The Gov HK Hong Kong has released the dates of the upcoming 2024 public holidays happening in Hong Kong. These dates may be modified if official changes are announced. Countdown for Hong Kong New Year Day 2024 Hong Kong 2024 New Year Day Celebration on Monday…
Public Holidays in Hong Kong for 2023 The Gov HK Hong Kong has released the dates of the upcoming 2023 public holidays happening in Hong Kong. These dates may be modified if official changes are announced. Countdown for Hong Kong New Year Day 2023 Hong Kong 2023 New Year Day Celebration on Sunday…
Public Holidays in Hong Kong for 2022 The Gov HK Hong Kong has released the dates of the upcoming 2022 public holidays happening in Hong Kong. These dates may be modified if official changes are announced. Countdown for Hong Kong Christmas Day 2022 Hong Kong 2022 Christmas Day Celebration on Sunday 25 December…
Dear Valued Customers, A Vote of Confidence In Hong Kong’s Economy Welcome to the very first 3E Accounting Newsletter! We’re delighted to announce that 3E Accounting is now open for business in Hong Kong! The opening of 3E Accounting’s 3rd regional office after Malaysia and Singapore demonstrates our confidence in Hong Kong’s economy and resilience. …
Tax Concessions Bill Passed for Insurance-related Businesses in Hong Kong The passage of the Inland Revenue (Amendment) (Profits Tax Concessions for Insurance-related Businesses) Bill 2019 by the Legislative Council on July 2020 was welcomed by the Secretary for Financial Services & the Treasury. Details of the New Bill The ordinance will serve as an…
3E Accounting Participates in Asian Financial Forum Webinar Series – “A No-Holds-Barred Fireside Chat on the Future of Fintech in Hong Kong” 3E Accounting was invited to the Asian Financial Forum Webinar Series titled “A No-Holds-Barred Fireside Chat on the Future of Fintech in Hong Kong”. The webinar touched on key points regarding the opportunities…