Virtual office is basically shared office services, which includes business address, mail and courier services, phone services, fax services, answering services and meeting & conference facilities.   A Hong Kong Virtual Office is ideal for: 1. Having a requirement to hold meetings in the city but no requirement for a full time office 2. People ...

Trademark Opposition (Trademark Objection) is a legal proceeding, available in most jurisdictions, in which a party seeks to prevent a pending application for a mark from being granted registration. Although the specific grounds for bringing an opposition vary by jurisdiction, typically, a party that believes it will be damaged by the resulting registration may oppose ...

Under the Hong Kong Inland Revenue Ordinance “Hong Kong adopts territorial basis for taxing profits derived from a trade, professional, or business carried on in Hong Kong. Profits Tax is only charged on profits which arise in or are derived from Hong Kong “.  In simple terms this means that a person who carries on ...

Hong Kong Profits Tax is one of Hong Kong companies' basic taxes. It is territorial in nature and only profits which are deemed to have, a Hong Kong source are subject to Profits Tax. If a Hong Kong company does not carry on business in Hong Kong or if it income is generates outside of ...

Hong Kong company annual returns, any limited liability companies in Hong Kong should file annual returns to the department of the Company Registry and the Inland Revenue.   For a private company having a share capital, you have to file, once in every year, an annual return within 42 days after the company’s most recent ...

Every Hong Kong Company is required to keep proper books of accounts which give a “true and fair view” of the company’s financial position. Section 122 of the Companies Ordinance provides that, unless the company concerned is a dormant company, audited accounts must be presented to the members of the company at the Annual General ...

Hong Kong account is regulated by the HKICPA under the Professional Accountants Ordinance. The auditing industry for limited companies is regulated under the Companies Ordinance and other Ordinances such as the Securities and Futures Ordinance, the Listing Rules, etc.   In order to save cost and better set up a strict Hong Kong company bookkeeping ...

All companies in China are required to carry out annual compliance procedures as mandated by various governmental departments. It is crucial to be aware of the relevant deadlines as failure to carry out these procedures on time may result in extra expenses, penalties, or even revocation of business licenses. While tedious, this process is a ...

Payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Businesses may decide to outsource their payroll functions to third party for better management. Advantages of Outsourcing : ...

A brand is a unique design, sign, symbol, words, or a combination of all these, employed in creating an image that identifies a product or service. A brand is important as it distinguishes your product or services from that of your competitors.   Branding is the process of creating and disseminating the brand name. Branding ...