A new regime – Significant Controllers Register for Hong Kong companies is requiring to obtain up-to-date beneficial ownership information.
A significant controller can be: - A registrable pers...
The Inland Revenue (Amendment) (No. 3) Ordinance 2018 (the Ordinance) was gazetted on March 29 to implement the two-tiered profits tax rates regime announced in the 2017 Policy Address.
Under the ...
The Financial Secretary proposed a one-off reduction of profits tax, salaries tax and tax under personal assessment for the year of assessment 2017/18 by 75%, subject to a ceiling of $30,000 per case....
Recently, Hong Kong government has been issued some requirements and regulation in particular for the Trust and Company Service Providers (“TCSP’s”) in Hong Kong.
It basically proposes to introduce...
When countries in Europe and the United States have issued 10-year visas to eligible Chinese, China is started to prolong the validity period of residency permits for the group from three years to fiv...
We understand foreign business owners coming to HK to set up a business is not easy. It would be hard to manage all your business operations and to find trustful suppliers at the beginning. Prism wo...
Happy New Year, Everyone.
Please pay attention. Our 2018 Jan promotion is launched for company incorporation service. If your friends are also interested in setting up a Hong Kong company, don't h...
Hong Kong’s Chief Executive, Carrie Lam Cheng Yuet-ngor, is looking to go beyond her election campaign promises and reduce Hong Kong’s profits tax rate from the current 16.5 per cent to below 10 per c...
A lesbian expatriate has won a landmark appeal against the Hong Kong Immigration Department’s refusal to grant her a spousal visa, potentially opening the gates for others who can’t join their partner...
Hong Kong has signed agreements with Portugal and South Africa for conducting automatic exchange of financial account information in tax matters (AEOI), a Government spokesman said.
"We have b...
The Immigration Department (ImmD) announced that the visa requirements for nationals of Cambodia will be relaxed. With effect from March 1, 2017, nationals of Cambodia may apply to enter Hong Kong for...
THE global war on tax evasion rumbles on. What began as an American onslaught, with the Foreign Account Tax Compliance Act (FATCA) of 2010, has been joined by more than 100 countries through an initia...
Over 1.5 million taxpayers are set to benefit under the profits tax and salaries tax reduced.
Paul Chan Mo-po says salaries tax for current financial year will be reduced by 75%, capped at HK$20,00...
According to the World Bank's Doing Business 2017 report, Hong Kong's ranking in "starting a business" went up to third internationally.
The total number of local companies registered under the Compa...
The total number of local companies registered under the Companies Ordinance reached 1,314,655 at the end of June this year, up 25,989 from the corresponding figure at the end of 2015, according to th...
The Pre-arrival Registration for Indian Nationals will be implemented on 23 January 2017.
Indian nationals will be required to complete pre-arrival registration before visiting Hong Kong visa-free f...
Hong Kong has signed agreements with Japan and the United Kingdom with a view to commencing automatic exchange of financial account information in tax matters (AEOI) with these two tax jurisdictions i...
The University of Northern New Jersey fielded no sports teams, held no graduation ceremonies and had no instructors, classes or degree programs. It did have a very attractive website that promised an ...
Hong Kong authorities have sentenced Taiwanese model Cindy to two months behind bars for working illegally. Cindy, whose real name is Tang Tzu-han, had appeared in the early episodes of variety show "...
February 22, 2016
Tsuguo Sakumoto, 68, was taken away by immigration officers together with his Japanese assistant on Friday 19th February, 2016 during an operation at the Hong Kong Sports Institute in Sha Tin. They we...
The Immigration Department (ImmD) announced today (April 28) that the pilot Admission Scheme for the Second Generation of Chinese Hong Kong Permanent Residents (ASSG) and other enhancements to the adm...
3 March 2015
The new Companies Ordinance (Cap. 622) (CO), which came into operation in March last year to provide a modernised legal framework for the incorporation and operation of companies in Hong Kong, marks i...
18 February 2015
The Immigration Department and the Hong Kong Police Force jointly mounted a series of anti-illegal employment operations codenamed "Windsand" on February 16 and 17 in New Territories North District. D...
In the newest release 2015 budget, Hong Kong Chief Executive Leung Chun-ying emphasized the importance of free trade, the maritime industry, and financial services to the growth of Hong Kong as an int...
The Immigration Department estimates that around 7.88 million passengers will pass through Hong Kong's sea, land and air control points during the upcoming Lunar New Year festive period (from February...
The Immigration Department announced today (February 6) that nationals of the Republic of the Gambia would require a visa to enter Hong Kong for whatever purpose (including those who remain on the air...
27 January 2015
The Immigration Department arrested eight illegal workers and five suspected employers during a territory-wide anti-illegal workers operation codenamed "Twilight" on January 25 and 26.
During the t...
General Employment Policy (GEP) (for non-Mainland residents) – Professionals • Relax extension pattern of duration of stay from “1+2+2+3” years to “2+3+3” years • Relax eligible top-tier entr...
A government spokesman said, "The CIES was implemented in 2003, when Hong Kong's economy was in recession, to attract new capital to stimulate economic growth. In view of the latest economic situation...
December 18, 2014
The 24-year-old defendant arrived in Hong Kong as a visitor and went to an Accident and Emergency Department for delivery without prior booking. Investigation revealed that the defendant was asked by ...
Canada's immigration chief admitted yesterday that the flouting of residency rules by mainlanders was one of the reasons its investor visa scheme was axed.
But Citizenship and Immigration Minister ...
As Canada tightens its immigration policies amid a crush of wealthy mainlanders, Romania is opening its doors wide to Chinese immigrants.
Chinese looking to move to the southeastern European countr...
By the end of 2013, more than 9.3 million Chinese people immigrated overseas, marking a 128.6 % rise over the past 23 years. China has now become the fourth largest immigrant-producing country in the ...
Hong Kong's top court on Tuesday found a requirement that social security applicants must have resided in the territory for seven years before applying for welfare to be unconstitutional.
Canadian government targets to attract hundreds of thousands of new permanent residents in 2014 as part of an immigration plan to drive economic growth and position the country for success in the year...
The Government of the Hong Kong Special Administrative Region (HKSAR) has received confirmation from the Consulate General of France in Hong Kong and Macau that HKSAR passport holders do not need a vi...
A Malaysian courier involved in possessing four forged Malaysian passports of others' identities was jailed by the District Court today (August 1).
The 30-year-old male Malaysian courier was charged ...
A pregnant Mainland visitor was convicted of one count of making false representation and one count of obstructing members of the Immigration Service at the Sha Tin Magistrates' Court today (July 29)....
June 24 ,2013
The Immigration Department has smashed a syndicate arranging cross-boundary bogus marriages.
An Immigration Department spokesman said today (June 24) that the Immigration Department has been very con...
Russia has begun processing APEC Business Travel Cards (ABTCs) under the APEC Business Travel Card Scheme.
An Immigration Department spokesman said the scheme aims to enhance the mobility of business...
A Malaysian courier and three Mainlanders involved in using forged Malaysian passports for an intended trip to Brazil were jailed by the District Court today (May 10).
The 34-year-old Malaysian couri...
May 2, 2013
The CIES was launched in October 2003 with the objective of facilitating the entry for residence of capital investment entrants, i.e. persons who wish to make capital investment in Hong Kong but would...
April 30, 2013
Under the QMAS launched in June 2006, talented people from around the world can apply to settle in Hong Kong without first securing an offer of local employment. Up to the end of 2012, 8 684 applicati...
April 27, 2013
The ASMTP has attracted a wide variety of qualified talents and professionals from the Mainland to come to work in Hong Kong since its implementation on July 15, 2003. Up to the end of 2012, a total o...
Singapore rare anti-government demonstrators rally, 4,000 people braved the rain to take to the streets to protest the input immigration policy, the Chinese immigrants is regarded as "public enemy". S...
Dear Valued Customers & Partners,
We would like to first express our gratitude and sincere thanks for all the support & co-operation you have given us through these years. With our business grow...
September 23, 2012
Taipei resident Emily Tseng is a self-proclaimed Hong Kong fan who visits Asia’s world city six or seven times a year. Since the September 1 launch of the free online pre-arrival registration for Taiw...
August 3, 2012
A male Mainland visitor was convicted of one count of possession of false instrument at Shatin Magistrates' Courts today (August 3) and sentenced to 12 months' imprisonment.
On March 27, 2...
July 19, 2012
A female Mainland visitor pleaded guilty to her charge of breach of condition of stay by establishing business as a dance teacher and was sentenced to two months' imprisonment at Shatin Magistrat...
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Chris and Bonnie at Prism have been an absolute pleasure to work with. They clearly explained the application process, assisted in drafting necessary documents and were always available to address any questions or concerns. We couldn't have asked for better consultants.
Director, Organic Modernism Limited
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