The Country By Country Report
The Country-by-Country (CbC) report is a key component of international tax compliance, enhancing transparency and reducing profit…
Annual Reporting Requirements for Limited Companies in Hong Kong
For limited companies in Hong Kong, fulfilling annual reporting requirements is essential to maintaining compliance with regulatory authorities. Below is an overview of the key obligations that companies must meet each year. Annual Filings with the Companies Registry NAR1 – Annual Return The NAR1 form, also known as the Annual Return, must be submitted annually […]
Articles of Association for Companies in Hong Kong
Overview The Articles of Association serve as a fundamental document in corporate governance for Hong Kong companies. They outline the internal structure and operational guidelines, covering key aspects such as shareholder rights, directors’ powers, and meeting procedures. Key Requirements for Articles of Association The following are essential components that should be included: Shareholder Rights Define […]
Depreciation Allowances in Hong Kong
Closing a Hong Kong company can be done through deregistration, winding up (liquidation), or dormant status. Deregistration suits companies with no operations, assets, or liabilities and takes 6-9 months. Winding up can be voluntary (solvent or insolvent) or court-ordered for insolvent companies. Dormant status allows a company to remain registered without active business operations. Choosing the right option depends on financial status and future plans.
Articles of Association for Companies in Singapore
In corporate governance in Singapore, the Articles of Association serve as a foundational document governing the internal operations of companies…
Filing Requirements for Limited Companies in Singapore
For limited companies in Singapore, compliance with filing requirements is essential for maintaining good standing with regulatory authorities…
Guide to Trademark Registration in Singapore
Trademark registration is a crucial step for businesses looking to protect their intellectual property. In Singapore, the Trade Marks Act of 1998, aligned with international conventions
Closing a Singapore Company
As businesses evolve in Singapore’s dynamic corporate landscape, companies may need to consider their future—whether through closure, dormancy, or…
The Role of a Company Secretary in Hong Kong
A Company Secretary in Hong Kong plays a crucial role in ensuring corporate compliance with legal and regulatory requirements. Essentially, this position functions as an internal officer responsible for ensuring that a company operates in accordance with Hong Kong law. Is a Company Secretary Mandatory for a Hong Kong Company? Yes, appointing a Company Secretary […]
The Designated Representative in Hong Kong
The introduction of the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Ordinance 2018 (AMLO) has reinforced the importance of the Designated Representative in corporate governance. This role plays a crucial part in maintaining transparency and accountability within companies. Role of a Designated Representative under AMLO The AMLO Regulation, aimed at combating money laundering and […]