eligibility-criteria-employment-hongkong-visa

Eligibility Criteria for Employment Visa in Hong Kong

In Hong Kong, non-Chinese foreigners must have a visa in order to be hired by a local company and work as an employee. This is known as an Employment Visa, which the company applies for as a ‘sponsor’ for the employee, or ‘applicant’. Criterias for eligibility The General Employment Policy (GEP) outlines the following work visa screening criteria of the Immigration Department of the

good-accounting-practice

Good accounting practice for the end of your financial year

The end of the year celebrations is coming soon. For most companies, it will also be the end of their financial year. Whether or not your company is audited, there are good accounting practice that you will need to look for before you decide to close your financial year accounts : Enter your income with your related expenses We frequently see bookkeeping done on

electronic-signature-hong-kong

The use of electronic Signature in Hong Kong

The major legislation regulating the new Hong Kong electronic signature is the Electronic Transactions Ordinance (ETO), which allows digital signatures for general business use. For transactions not involving Government entities, a signature requirement under the law can be met by any form of electronic signature so long as it is: Reliable, Appropriate, and Agreed by the recipient of the signature. For instance, Click-to-Sign Signatures,

hong-kong-offshore-status

Hong Kong offshore status

Hong Kong adopts a territorial basis for taxing profits derived from a trade, profession, or business carried on in Hong Kong. Companies established in Hong Kong are only taxed on profits made locally, while profits from foreign-sourced are exempt. In other words, profits made in Hong Kong are qualified as onshore and those made outside Hong Kong are qualified as offshore. Profits made in

register-company-hong-kong

5 good reasons to register a company in Hong Kong

Let’s discover five good reasons to register a company in Hong Kong. There are many reasons why Hong Kong may be the perfect location for your business, such as an economic environment that is trustworthy, a tax and business approach that is business-friendly, a world-class infrastructure, a productive legal system, and a financial gateway to mainland China.   Minimum conditions for company incorporation: Setting

Register-company-Singapore-Hong-Kong

Join us on Social Media!

We are happy to announce the launch of MBiA’s social media! MyBusiness Asia is a provider of corporate and accounting services in Singapore, Hong Kong, and other Asian countries. We help you find the best financial solution for your business with quality services at an attractive cost. On these social networks, you will find the latest information about MBiA, business news, advice, tips, numbers,