The business investment visa in Hong-Kong explained

Foreign Entrepreneurs willing to reside in Hong Kong by creating or joining a business must obtain a business investment visa before beginning to carry-on such commercial activity.   The business investment visa request The Immigration Department which manages the population flows has a strict attitude on the business investment visa relief. It requires to pass an approvability test based on 2 general criteria: •


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 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


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 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


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