Is audit compulsory to a Hong Kong Company ? Yes, according to Companies Ordinance (Cap 622 Company Law), each Hong Kong company incorporated under Companies Ordinance, it’s financial statements must be audited by an independent auditor annually. The first auditor report shall be prepared not later than 18 months since the company’s incorporation date. The […]
Author: Global Vision
Our managing director (non-assurance), Mr. Clement Siu was appointed as Ordinary Member (adjudicator) in Market Misconduct Tribunal of The Government of the Hong Kong Special Administrative Region on 11 March 2021. The Tribunal is an independent body which is established under the Securities and Futures Ordinance, and is chaired by a judge or former judge […]
Who can make Certified True Copy for me ?
When do you need a document to be certified ? 1. Opening bank accounts in Hong Kong or overseas 2. Set up a company in Hong Kong Who is qualified person to do a certified true copy to Identity or company documents ? Generally, lawyer in public practice or Certified Public Accountant (Practising), are eligible […]
Inheritance tax in UK
Before you migrate to UK, you are suggested to have a glance at the UK tax system. HM Revenue and Customs (HMRC) is the governmental department in UK (equivalent to Inland Revenue department in Hong Kong) which is responsible for administering and collecting taxes in the UK. The core tax categories are income taxes, property […]
Shareholders agreement
A separate contract between members in a private company to govern how they will exercise their rights in the company. Which is enforceable between the members who are parties to such an agreement. Such agreement is a supplement the company’s articles, but not form part of the company’s constitution. Such an agreement will not be […]