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 p ...
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 b ...
Hong Kong Profits Tax: Understanding the Basics and Strategies for Minimizing Your Liability
Hong Kong is known for its low tax regime and attractive business environment, but it is important for companies operating in the city to understand the basics of the Hong Kong profits tax system. In this article, we will discuss the basics of the Ho ...
Nominee Director in Hong Kong: Understanding their Role and Importance
In Hong Kong, a nominee director is a person appointed to serve as a director on a company's board of directors, but acts on behalf of the real owner or owners of the company. The purpose of a nominee director in Hong Kong is to provide anonymity and ...