When considering starting a business in Hong Kong, it is essential to understand the various types of companies and business structures available.
This strategic move can be driven by various motivations, such as optimising the capital structure, returning surplus funds to shareholders, or eliminating accumulated losses.
To promote the research and development (“R&D”) sector and the creative industries in Hong Kong to exploit their intellectual property (“IP”) rights for economic growth and competitiveness, the Hong Kong government has introduced the Patent Box Regime.
In Hong Kong’s corporate sector, understanding the nuances of various tax-related forms is crucial for employers. One such form, the IR56G, plays a vital role when an employee decides to leave not just their job, but also Hong Kong itself. The IR56G form is part of the Tax Clearance process when leaving Hong Kong. What […]
