Special Purpose Vehicle (SPV) companies are widely used in Hong Kong as a means of facilitating various business transactions. An SPV is a legal entity created for a specific purpose, such as holding assets or raising capital. In this blog, we will provid ...
Hong Kong Tycoons: The Driving Force Behind the City’s Economy
Hong Kong is a city that is synonymous with wealth, power, and influence. At the heart of this reputation are the tycoons, the wealthiest and most influential individuals in Hong Kong's business and political spheres. In this article, we will explore the ...
Hong Kong and the Automatic Exchange of Financial Information (AEIO): A Comprehensive Guide
Hong Kong is a leading financial center that has taken steps to promote tax transparency and combat tax evasion.One such initiative is the Automatic Exchange of Financial Information (AEIO), which requires financial institutions to collect and report info ...
Digital entrepreneurship in Hong Kong: Driving Innovation and Growth
Hong Kong has long been known as a hub for business and commerce, with a vibrant and dynamic entrepreneurial scene. In recent years, the city has seen a surge in digital entrepreneurship, as a new generation of tech-savvy entrepreneurs takes advantage of ...
Understanding Common Reporting Standard (CRS) in Hong Kong: What You Need to Know
In recent years, Hong Kong has taken steps to comply with international standards for tax transparency and combating tax evasion. One such initiative is the implementation of the Common Reporting Standard (CRS), which requires financial institutions to c ...
Purchasing agents in China
As the world's largest manufacturer and exporter, China has become a popular destination for drop-shipping businesses looking for reliable and cost-effective purchasing agents. By partnering with a reputable purchasing agent in China, drop-shippers can s ...
Hong Kong Trust Ordinance
The Hong Kong Trust Ordinance is a piece of legislation that governs the use of trusts in Hong Kong. A trust is a legal arrangement in which a person, known as the settler, transfers assets to a trustee to hold for the benefit of one or more beneficiaries ...
Hong Kong private banking
Hong Kong is a global financial hub, and as such, it is home to a number of top-tier private banking institutions. With a stable economy, a well-developed financial system, and a strong regulatory framework, Hong Kong is an ideal location for private bank ...
Termination of a corporate bank account in Hong Kong
Hong Kong has long been a global hub for business and finance, attracting companies from all over the world to set up operations in the city.However, in recent years, some companies have reported that their corporate bank accounts in Hong Kong have been t ...