On 23 February 2022, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2022-23. The forecast is that for the fiscal year 2021-22, there will be a surplus of around HKD 18.9 billion, and that the fiscal reserves are expected to be HKD 946.7 billion by 31 March 2022.
Because of its many benefits, high security standards and accessibility, cloud accounting is suitable for virtually every business, from sole proprietorships to multinational enterprises.
Registering a business that carries on operations in Hong Kong may seem challenging. Read our registration guide.
While doing business in Greater China and Asia, you most likely have come across the term “company chop”. In this article we look at what a company chop is, when it’s used, and the role of company chops in China.