The Corporate Hub Blog
Everything you need to know about starting a business in Hong Kong!
Cost to Set Up and Run a Hong Kong Company (2024 Updated)
Do you know how much it costs to set up and run a limited company in Hong Kong? If you’re thinking about setting up a Hong Kong limited company, you’d be surprised to learn that incorporating a new company can cost not more than HK$8,500. We’ll take a look at how the...
Top 4 Benefits of Hiring a Company Secretary Firm
Unlike in the UK, limited companies in Hong Kong are required by law to have at least one company secretary. You can choose to hire either an individual or a company to be in that position when you set up a company in Hong Kong. The company secretary also needs to be...
4 Things to Do When Your Company Receives its First Profits Tax Return
A new limited company in Hong Kong will typically receive its first profits tax return 18 months after it is incorporated. Your company may need to pay a penalty and additional tax if it is filed late. Below are the 4 things that you need to do when your company...
How to Choose a Hong Kong Corporate Service Provider
Choosing the right corporate service provider is an important decision to make when you are starting a business in Hong Kong. There's no trouble with finding one these days as a quick search on the Internet can provide you with a list of many possible candidates. It's...
4 Benefits of Using Hong Kong e-Cheques over Other Payment Methods
The new Hong Kong e-Cheque payment service was launched by the banking sector on 7 December 2015. e-Cheque is, as the name implies, a digital payment method whereby the payment is sent electronically via a PDF image file that resembles a physical cheque. The entire...
How Foreign Investors Stand to Gain from CEPA through Hong Kong
Introduction The Mainland and Hong Kong Closer Economic Partnership Arrangement, known as CEPA, is the first such free trade agreement ever made between the mainland China and Hong Kong. The main text of CEPA was signed back in 2003. On 27 November 2015, a new...
The Impact on SMEs by Hong Kong’s New Competition Law
Competition is necessary to foster efficiency and innovation, as well as provide people with better alternatives, quality, and prices. The Hong Kong Competition Ordinance is a measure introduced to make sure that companies are competing on an even playing field and...
5 Useful Tips to Open a Corporate Bank Account in Hong Kong
Companies in Hong Kong are finding it more difficult to open corporate bank accounts thanks to tightening regulations. Banks in Hong Kong now require the directors and shareholders of the bank to be physically in the bank with the managers to open an account. Here are...