This kind of company is limited by guarantee instead of capital, meaning the company is not owned by shareholders but by guarantee members.
A service PE is maintained by a foreign entity in Mainland China, the relevant individuals assigned to Mainland China will potentially be exposed to Mainland China individual income tax, irrespective of whether or not the individuals stayed in Mainland China for more than 183 days in a year.
Certificate of Resident Status (CoR) is a document issued by the Hong Kong Inland Revenue Department (IRD) stating that the applicant, who can be an individual or an entity, is a Hong Kong tax resident under the double tax agreement (DTA) between Hong Kong and a particular foreign tax jurisdiction for a particular calendar year. […]
In Hong Kong there are two main routes to close down a solvent private company limited by shares: deregistration and (voluntary) liquidation of a company.