How have unemployment rates in Hong Kong changed?
Unemployment Rate History in Hong Kong The current unemployment rate in Hong Kong is 4.2%. This figure is slightly higher than those of recent years. During most of the past decade, the [...]
What are the main differences seen when Business Activities in Hong Kong and Singapore are compared?
Hong Kong and Singapore’s Similarities One of the primary similarities shared by Hong Kong and Singapore lies in the fact that both derive much of their economic might through import and [...]
What are Hong Kong’s most important free trade agreements?
Hong Kong’s Current FTAs Hong Kong has made much use of FTAs for its own economic benefit. Its government has been actively expanding the FTA network of Hong Kong. This network expansion [...]
What is the importance of Hong Kong’s free trade agreement with ASEAN?
The ASEAN – Hong Kong, China Free Trade Agreement The ASEAN – Hong Kong, China Free Trade Agreement (AHKFTA) first came into force in June 2019 after having been formulated two [...]
Hong Kong’s Professional Culture
Of course, before anyone may begin to gain an understanding of Hong Kong’s professional culture, one must already have relocated to Hong Kong to work there. This is where we at [...]
How do a Certificate of Incorporation and a Business Registration Certificate differ?
Certificate of Incorporation In Hong Kong, a certificate of incorporation is issued by the Companies Registry. This certificate is issued after the completion of the incorporation of any Hong Kong-based limited [...]
Who is barred from making use of the Hong Kong Dependant Visa Scheme?
Many of the foreigners who have moved to Hong Kong would also like their family members to reap the benefits of moving to Hong Kong. Such foreigners may use Hong Kong’s [...]
How have changes to the Companies Ordinance impacted companies in Hong Kong?
The primary purposes of the New CO were of increasing the standard of corporate governance in Hong Kong, improving regulation of Hong Kong’s companies, facilitating the conducting of business activities, and [...]
What role does the IRD have regarding Taxation in Hong Kong?
Structure of the IRD The IRD is led by the Commissioner of Inland Revenue. The IRD also has two deputy commissioners who serve under the direction of the commissioner. One deputy commissioner manages [...]
What is the two-tier profits Tax Regime?
An important feature of Hong Kong’s tax system is that of the two-tier profit tax regime. This tax regime has played an important role in fine-tuning Hong Kong’s tax system to [...]
