Author name: M & N

Every year, many Hong Kong SME owners have a headache when it comes to the tax filing season. In fact, although Hong Kong's tax system is simple, as long as you know how to make good use of the "deductible [...]" in the Inland Revenue Ordinance, you will have a headache.

Starting your own business is exciting! But in Hong Kong, apart from focusing on business development, it's equally important to manage your finances in a compliant manner. For many first-time entrepreneurs

With the rapid changes in the global tax environment and the full implementation of the Economic Substance Act (ESA), Hong Kong investors and high net worth individuals (HNWIs) will be able to benefit from a more favorable tax environment.

In Hong Kong, where land is at a premium, starting a business requires a "light footprint" For many new entrepreneurs, freelancers, or those who are ready to enter the workforce, it's a good idea to start a new business in Hong Kong.

As their business grows, many Hong Kong entrepreneurs who started out as "unlimited companies" (sole proprietorships or partnerships) are faced with a critical turning point: whether or not they should move their business to the next level.

Every year during the tax season, many bosses have a headache when it comes to filing tax returns: Which of the company's many expenses can be deducted legally to help the company save more money? Many Hong Kong SMEs

Many people in Hong Kong pause for a moment at the postcode field when checking out online - an important combination of numbers in other countries, but one that can be a source of frustration in Hong Kong!

MPF Easy (eMPF platform) is a one-stop e-platform that aims to enhance administrative efficiency, reduce operating costs and bring a more convenient and transparent experience to members and employers. In this article, we will introduce you to the features of eMPF, the enrollment process and the future outlook of eMPF.

Mrs CHAN, who runs a Hong Kong style café, was perplexed after the payment of her May salary. Obviously, the hourly wage offered to her part-time staff was already higher than the statutory rate, but why did the Labour Department's calculation show that she might still be in breach of the law?

A "booklet" is the "internal code" of a Hong Kong limited company. It is not only a necessary document for registration, but also plays a legal role in opening bank accounts, signing contracts and other critical moments.

A trader whose company is headquartered in Hong Kong but whose business is spreading all over Southeast Asia realized only when he received a notice of assessment from the Inland Revenue Department that the “overseas profits” he thought he was making were actually "lost".

Colleagues in the Finance Department are holding a stack of invoices for a dinner party and are worried: where should these seemingly ordinary expenses for staff activities be categorized on the tax return? Every tax season, Hong Kong

When you see your friends are free and picking their own jobs, do you want to deliver or not? Changing from a stable monthly salary to a self-employed job may seem like a step away, but in reality, it is two different kinds of jobs.

For many Hong Kong entrepreneurs, investors and professionals, "registering an offshore company" is a strategy that they often hear about but may not fully understand. What exactly is the point of opening an offshore company?

The number of statutory holidays will be increased to 15 in 2026! A clear understanding of the difference between labor holidays and bank holidays, with a formula for calculating holiday pay and guidelines for compensatory leave, to help employers' HR compliance management and avoid labor disputes.

What is the difference between severance payment and long service payment? Can they be received at the same time and how will the abolition of the offsetting arrangement in 2025 affect employers? This article explains the calculation, eligibility and the new arrangement to help you clarify your rights and benefits and comply with the transition.

Closing the operation of a Hong Kong company is not as simple as "patting your butt and walking away". While the right process saves time and money, the wrong process may result in high fines and even legal liabilities! According to the Hong Kong

When starting a business in Hong Kong, time is often money. When you desperately need a company to sign contracts, open bank accounts or make investments, starting from scratch can be a missed opportunity.

A shell company is like a double-edged sword, if you use it well, it can help you develop business opportunities quickly, but if you don't use it well, it may put you in legal and financial difficulties. In the highly competitive business environment of Hong Kong

Every April, the "green bomb" (Inland Revenue Department's tax return), the biggest headache for Hong Kong bosses, is about to arrive. For SMEs or startups, it is important to grasp the 2025 Hong Kong tax return.

Get a prime Hong Kong address and full business support without the need to rent a physical office In today's competitive business environment, corporate image and operational efficiency are key factors in the success of a business.

Expecting a big drop in income and worried about the burden of paying provisional tax? This article explains the eligibility and process of applying for holdover of provisional tax, and reminds you of the points to note when submitting the application and the serious consequences of false declaration.

Understanding property tax is the first step in protecting your rights as a homeowner in Hong Kong. Hong Kong property tax is a tax levied on the income of land and building owners in Hong Kong.

The first choice for Hong Kong entrepreneurs to expand their business in Southeast Asia! New 2025 Malaysia Company Registration Guide, from application requirements, process, cost and FAQs to comprehensive analysis I

Individuals investing in cryptocurrencies in Hong Kong enjoy tax benefits, but they can fall into tax traps if they are not careful. With the booming cryptocurrency market, more and more Hong Kong people are investing in cryptocurrency.

MPF Easy (eMPF platform) is a one-stop e-platform that aims to enhance administrative efficiency, reduce operating costs and bring a more convenient and transparent experience to members and employers. In this article, we will introduce you to the features of eMPF, the enrollment process and the future outlook of eMPF.

What is Business Registration Certificate (BR)? Why is it a must for every Hong Kong business? Business Registrat

Hong Kong's labor rights are undergoing a major change! The long-disputed "Abolition of MPF Offsetting" will come into effect on May 1, 2025 (the conversion date). This policy aims to

With the BVI company structure, cross-border e-commerce can achieve the triple objectives of free receipt and payment of foreign exchange, tax cost optimization and asset risk isolation. In recent years, cross-border e-commerce has rapidly

When starting or expanding a business in Hong Kong, setting up a company is often the first step. For those who are ready to start their own business, a clear grasp of the company formation process, familiarity with the specific steps involved in setting up a limited company and an unlimited company, and an accurate estimate of the cost of setting up a company are the keys to a successful business start-up.

When starting a business in Hong Kong, the first key decision is often the choice of office space. Surprisingly, more and more start-ups are looking for office space instead of traditional office space.

A Business Registration Certificate (BR) is a business license that any entity operating a business in Hong Kong is required by law to apply for.

Suddenly realizing that your company's bank account has been frozen is a nightmare that every business owner would hate to face. Not only does it seriously affect cash flow, but it can also jeopardize the normal operation of the business.

Choosing the right form of company when starting a business is a core decision that every entrepreneur must consider carefully. The two most common types of companies in Hong Kong - limited companies and unlimited companies - are not as common in terms of tax liabilities as they are in other jurisdictions.

The Need for Business Registration Under the Business Registration Ordinance of Hong Kong, any person who, in Hong Kong, through any form (including but not limited to social networking platforms, self-built websites or communications software), is registered as a business in Hong Kong shall be liable to a fine of $500,000 and to imprisonment for six months.

I can handle a company secretary by myself! Why should I pay for a company secretary? This is what I often hear entrepreneurs in Hong Kong say to M. It is also what many bosses say to themselves! Entrepreneurship

There will be 17 days of public holidays in Hong Kong in 2025. For office workers, planning ahead for the holidays will make it easy to arrange a long vacation getaway! M & N Busi

Late filing of tax returns may have more serious consequences than you may have imagined, not only in the form of penalties! As a business owner or individual taxpayer in Hong Kong, have you ever been late in filing your tax return due to busy work schedule?

薪俸稅點樣計？年薪幾多先需要交稅？基本免稅額有幾多？如果有家庭、子女或者其他扣稅項目又點樣處理？本篇文章會由淺

March 18, 2025 admin Filing a corporate tax return is very different from filing an individual tax return in that the process is more complicated and requires specific guidelines to be followed.