Yes, a limited liability company is one of the most common business entities that exist in Hong Kong and it is usually preferred since it is a separate legal entity. Partners, unless [...]
What is the difference between a limited liability partnership and a general partnership in Hong Kong?
The key difference between a general partnership and a limited liability partnership is the fact that in general partnerships all the partners are always held responsible for all the obligations of the [...]
Anyone in Hong Kong can start a limited liability partnership as long as you meet all the predefined qualifications that are permitted to venture into the limited liability partnership in Hong Kong
Do limited liability partnership businesses file taxes annually with the IRD (Inland Revenue Department)?
The straight answer is no. Since all the profits and losses are passed to the individual partners, they are thus responsible for filing their personal income tax as per the amount of [...]