What happens if there’s a dispute between partners?
The partnership agreement should outline dispute resolution procedures. In Hong Kong, mediation or arbitration is often recommended to resolve disputes amicably and efficiently.
The partnership agreement should outline dispute resolution procedures. In Hong Kong, mediation or arbitration is often recommended to resolve disputes amicably and efficiently.
Yes, a partnership agreement can be amended if all partners agree to the changes. It's important to document any changes in writing and ensure that all partners are aware of and agree [...]
In a general partnership, all partners are jointly and individually liable for the partnership's debts and obligations. In a limited partnership, there are both general partners (liable) and limited partners (liable only [...]
The differences between GAAP and IFRS can be illustrated in the table below: Aspect GAAP IFRS System Rules-based Principles-based Level of Detail More detailed Less detailed Interpretations Specific More room for [...]
If you have obtained a work visa through the employment for professionals scheme and have lived in Hong Kong continuously for at least seven years, you meet the eligibility criteria to apply [...]
All visa/entry permit applications are processed and determined by the Immigration Department. Approval of applications is entirely discretionary and is subject to changes in government policies. The Director of Immigration reserves absolute [...]
These are the types of companies available to be set up in Hong Kong: Company limited by shares: Members' liability is limited to the unpaid amount on their shares. Company limited by [...]
At Paul Hype Page, we understand that your journey doesn't end with company incorporation in Hong Kong. That's why we offer a range of comprehensive post-incorporation services to ensure your business operates [...]
It can be done through proper execution of nominee service agreement between the nominated person and the business owner, where interests of both parties are protected. The nominated director (or shareholder) does [...]
It is completely legal to use nominee service and quite common in cases when anonymity from the general public needs to be attained and/ or local statutory compliance needs to be