HK SFC Financial Resources Rules (FRR)
What is FRR? Section 4: All SFC licensed corporation must maintain financial resources (paid-up share capital and liquid capital) at all times not less th...
Key Highlights on Hong Kong SFC Amended AML/CFT Guidelines (took effect on September 2021)
Key Highlights on SFC Guideline on AML/CFT issued September 2021 Institutional risk assessment Due Diligence on cross-border correspondent relationship Third-pa...
How to utilize Hong Kong for Investment into China (Dated 18 February 2022)
These days, we often receive an inquiry from global business leaders: “what will happen to Greater China economy, when the China-US tension eases}. As geopoliti...
Hong Kong Company Chop
Here are the images of companies chops used in Hong Kong. Whilst there are various ways to call them, 1 is called “Round Chop”, 2 is called “S...
HK Corporate Tax, Audit and Tax Filing
Hong Kong’s corporate tax rates are the lowest among the international financial city.16.5%, if annual net profits are HK $ 2,000,000 or more.8.25% if annual ne...
HK Companies Registry – Protection of Personal Information
In the Circular issued by the Hong Kong Companies Registry on 16 August 2021, in order to strengthen the protection of personal information, in case the directo...
What is a Company Secretary?
In common-law corporate settings, in addition to shareholders and directors, there is a position called Company Secretary. Although the Company Secretary is not...