This post is also available in:
繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified))
This post is also available in: 繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified)) Your Guide to the Accounting Cycle in Hong Kong Before we dive into the nuts and bolts of the accounting cycle in Hong Kong, let us learn what an accounting cycle is and what processes come under it. Any company, whether small or…
This post is also available in: 繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified)) Bookkeeping and Accounting in Hong Kong: Key Differences Before we dive deep into the differences between bookkeeping and accounting in Hong Kong, let us understand what they are and why they are essential for every company. Bookkeeping and accounting are two of the…
This post is also available in: 繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified)) Understanding the Accounting Risks During COVID-19 in Hong Kong: Facts and Challenges Understanding the key accounting risks during COVID-19 can be a make-or-break for thousands of businesses. In this blog, we will learn about the major areas that accountants and companies must consider…
This post is also available in: 繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified)) Your Guide to Understanding the Implementation of IFRS 16 in Hong Kong Before we dive into the implementation of IFRS 16 and its impact on companies operating in Hong Kong, let us understand the basics of this accounting standard. IFRS 16 (International Financial…
This post is also available in: 繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified)) What Are the Differences Between Investment Agreement and Shareholders Agreement? When a business raises money, they may need several legal agreements for their investment transactions. An investment agreement and a shareholders agreement are two broadly misunderstood legal documents. Telling the difference between the…
This post is also available in: 繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified)) Everything You Need to Know About Sweat Equity Shares in Hong Kong As an owner of a new business in Hong Kong, you are often caught between the challenges of limited budgets and maintaining co-founders as team members. This is always true for…
This post is also available in: 繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified)) Important Things to Consider Before Taking Your Company Public Taking your company public means the initial public offering (IPO) of your private business. Businesses go public to raise profits and pursue their expansion, making it a publicly-traded and controlled business. Investors can also…
This post is also available in: 繁體中文 (Chinese (Traditional)) 简体中文 (Chinese (Simplified)) Components of a Shareholders Agreement: Five Shareholders Agreement Clauses You Must Include Every successful shareholder’s agreement secures the interests of both the business owners and shareholders. However, disputes over business decisions, death, injury, disability, etc., are inevitable. Such issues, if not handled at…