In Hong Kong, share transfers are common commercial transactions that can occur for various reasons, such as transferring a company’s business, changing the ownership structure, shareholder exits, or introducing new shareholders. This article aims to provide detailed information on share transfers, including important considerations, required documents, and the specific process to ensure a smooth share transfer. … Read More
Hong Kong (Eng)
Amending Articles of Association: How to Modify Your Company’s Articles of Association?
As businesses grow and change, there may be a need to amend these articles to accommodate new requirements. This article will outline how to modify the articles of association in accordance with the Hong Kong Companies Ordinance, along with important considerations. … Read More
What Is a Dormant Company? How to Make a Company Dormant, and What Are the Benefits?
In simple terms, a dormant company is a company that has not engaged in any accounting transactions during a financial year and has no outstanding debts. In such a situation, a company can apply to become dormant with the consent of all members, thus retaining the company at minimal costs. … Read More
Moved? Don’t Forget to Update Your Address to Avoid Tax Issues!
Moving can keep you busy for a while, but when you have some free time, don’t forget to update your mailing address, especially when it comes to taxes. … Read More
Changing Directors in a Limited Company: How to Change Directors in a Hong Kong Limited Company and What to Do When a Director Resigns?
Operating a limited company, changes in directors are common. Whether you are the company owner or a director, it’s important to understand the procedures and processes involved in changing directors in a limited company to ensure the company continues to operate legally. … Read More
Do Limited Companies Need an Audit for Zero Tax Return? Is Audit Required for Zero Tax Return?
Every tax season, many business owners inquire whether their company can file a “zero tax return” without the need for an audit if the company hasn’t conducted any business activities during the fiscal year. In this article, we will provide updated insights into the concept of a “zero tax return.” … Read More
[Annual Expenses for Limited Companies] What are the Annual Costs for Establishing a Limited Company in Hong Kong?
In Hong Kong, many aspiring entrepreneurs have questions about the annual fees associated with maintaining a limited company. This article aims to provide a breakdown of the annual expenses associated with operating a limited company in Hong Kong, helping individuals plan their budgets effectively. … Read More
What Is a Company Green Box? What’s Inside the Company Green Box?
In Hong Kong, corporate service providers often provide their clients with such green box sets. This green box is, in fact, a green document box that contains a series of legal documents and seals necessary for the establishment and operation of a company. It is created upon the registration of your company and plays a crucial role in ensuring the lawful operation of your company. … Read More
Opening a Corporate Bank Account: Is it Difficult? How to Proceed?
For those who are just starting out and considering entrepreneurship, opening a company bank account can indeed pose as the first major challenge you encounter. … Read More
【Incorporation Process of Limited Companies】 How to Register a Limited Company? Is the Process Complex?
In Hong Kong, the process of incorporating a limited company is relatively more complex compared to an unlimited company. … Read More