Blog

2024 Wage and Payroll Statistics in Hong Kong

As Hong Kong’s economy continues to evolve in 2024, the latest wage and payroll statistics paint a promising picture of steady growth...

Leveraging Employer of Record (EoR) Services for Seamless Expansion into Hong Kong

Expanding into Hong Kong, one of Asia’s premier business hubs, is an exciting opportunity for companies aiming to grow their presence in...

Adapting to Hong Kong's Labour Market Trends: Effective Payroll and Human Resource Strategies

Hong Kong’s dynamic labour market reflects the city’s role as a global business hub. Rapid economic shifts, changing employee...

The Role of Accounting and Tax Services Amidst Hong Kong's Economic Shifts

Hong Kong remains a key player in the global economy, consistently ranked as one of the most competitive and open financial hubs....

Navigating Hong Kong's Evolving Financial Landscape: Implications for Business Registration and Compliance

Hong Kong has long been recognised as a global hub for commerce and finance, offering a business-friendly environment characterised by...

Maximising Tax Benefits: China's One-Off Deduction Policy for Fixed Assets

China's tax regulations offer a significant incentive for businesses through the one-off deduction policy for fixed assets. This policy...

China's E-Fapiao Expansion

China has been progressively implementing a fully digitalized electronic invoicing system, known as e-fapiao, to modernize its tax...

China's Trade Trends 2024-25

In the first ten months of 2024, China's foreign trade exhibited notable growth, with the total value reaching RMB 36.02 trillion...

Changing your Legal Representative in a China based company

Is your company considering a change in its legal representative in China? Whether prompted by corporate restructuring, a leadership...

Tax Treatment of Capital Reductions in China

The amended PRC Company Law, in China was effective from July 1, 2024, introduces significant changes to corporate governance in China....

Setting Up a Travel Agency in Hong Kong

Setting up a travel agency in Hong Kong is an exciting opportunity, leveraging the city's thriving tourism industry and strategic...

China Public Holidays 2025

China observes a range of public holidays, including traditional festivals and statutory celebrations. The public holidays for 2025 in...

How to Set Up a Recruitment Agency in Hong Kong: Step-by-Step Guide

If you’re planning to establish a recruitment agency in Hong Kong, understanding the legal requirements, including obtaining a...

New Strategic Investment Rules for Foreign Investors in China

On 1 November 2024, six key Chinese regulatory bodies issued the New Measures for Strategic Investment in Listed Companies by Foreign...

Best Practices for Protecting Trademarks on Chinese Social Media

With the rise of platforms like WeChat, Weibo, Douyin, and Xiaohongshu, Chinese social media has become a key avenue for brand promotion....

Key Tax Proposals in the Hong Kong 2024-25 Policy Address

On 16 October 2024, the Chief Executive unveiled the 2024 Policy Address themed “Reform for Enhancing Development and Building Our Future...

Clone Trademarks in China and their risks

Imagine walking through a busy street wearing a designer suit, only to find someone else wearing an identical outfit and looking exactly...

Adjustments to Average Salaries in Major Cities in China

Annual average salary figures, typically published in July and August, are used to calculate statutory severance in major Chinese cities....

Abolition of MPF Offsetting Arrangement in Hong Kong

Under the current system, employers in Hong Kong can offset severance payments (SP) and long service payments (LSP) against accrued...

Expansion of Foreign Investment in China’s Value-added Telecommunications Services

On 23 October 2024, China’s Ministry of Industry and Information Technology (MIIT) held a seminar to launch a pilot programme aimed at...