Hong Kong Is World’s Freest Economy According to Heritage Foundation For the 25th year in a row, Hong Kong has been named by Heritage Foundation as the world’s freest economy. The country is honoured to receive this high regard. Hong Kong maintained an overall score of 90.2 in the Index of Economic Freedom report 2019.…
Advantages of Bookkeeping for Companies In Hong Kong – Why You Need This Service? Advantages of Bookkeeping & Accounting Services: Meaning of Bookkeeping And How It Can Help Hong Kong Companies First let’s start with the question, “what is bookkeeping?” Or, the right question would be “what are bookkeeping services?” Anyway, bookkeeping is the process…
Setting up a Business in Hong Kong is Easier With its Own Bank Account When you start a business, one of your first tasks is to set up a bank account for it. You should have a separate bank account for your business because it should not be with your personal account. You cannot just…
Good Accounting is Helpful No Matter How Small or Large your Business is Behind an excellent business is a wise entrepreneur but an excellent accountant is always behind a great business owner. People who have the talent for operating a business may not want to handle the accounts because of different reasons. This is where…
People Who Know Accounting in Hong Kong are Able to Run Their Business Successfully There is no valid reason why an investor does not know basic accounting and people would be worried if that is the case. Although, a smart person would want to learn accounting if they desire success in life. Any business owner…
Paying Taxes in Hong Kong Should be Done RightSystematic to Avoid Any Additional Expenses A lot of mistakes do not really harm you like when you did not do laundry today. Although, some mistakes can be expensive. Tax blunders are in this category because they cost hundreds or thousands of dollars. You can avoid these…
You Can Avoid the Stress During Tax Season in Hong Kong By Preparing for it Tax preparation gives a headache and it is not just the concern on money going to taxes, but the stress of the filing process. Although, if you prepare for it before the tax season in Hong Kong even starts, it…
It is Wise to Have Accounting in a Business to be Successful Even if there are a couple of business owners who would rather not deal with the accounting part, bookkeeping is very significant. The good things about accounting are based on its capacity to tell a story of numbers. These translate to what is…
Certain Responsibilities Should be Outsourced if You Are an Entrepreneur in Hong Kong Since you are an entrepreneur, your list of tasks could go endless and time is not on your side. This is why the majority of business owners outsource tasks to freelancers who specialize in certain services for a cost. In today’s world,…
You Should Be Hiring an Accountant in Hong Kong the Proper Way One of the proper ways to hire an accountant is by interviewing them. For a lot of small businesses, hiring the right accountant is crucial and a little daunting. It seems like accountants are quite all the same but the majority of business…