Vita Liberta Blog

Transferring shares and changing shareholders in a company is not just a formal procedure but an important process that can significantly impact both the ongoing operations and the development of the business. This is especially relevant for companies registered in Hong Kong, where the legal and tax aspects of share transfers have their own characteristics. 

In this article, we will explore the key aspects of auditing in Hong Kong, starting with mandatory requirements and ending with practical recommendations for preparing financial statements for a successful audit. 

The registered address of a company in Hong Kong is not just a formality but one of the key elements for successful registration and subsequent business operations in this international jurisdiction. The choice of a registered address affects not only compliance with the law but also your company’s business reputation. In this article, we will examine in detail all aspects related to the selection, registration, and maintenance of a company’s registered address in Hong Kong.

Opening a bank account in Hong Kong is an important step for any business aiming to enter the international market. Payment systems with MSO and SVF licenses in Hong Kong offer flexible and convenient solutions, especially for startups and small and medium-sized enterprises.

Dividend distribution in Hong Kong is not just a formal obligation but a strategic tool for maintaining shareholder trust, enhancing the company’s attractiveness to investors, and ensuring its long-term growth. Adhering to all stages of the process, from decision-making to actual payment, helps avoid legal and financial risks and improves the company’s reputation. We offer the most detailed guide for businesspeople to help your company avoid mistakes and optimize the payment process.

A Certificate of Tax Residency for a company in Hong Kong is an official document issued by local tax authorities (Inland Revenue Department) that confirms the company’s status as a tax resident of Hong Kong. This certificate plays an important role in the application of international agreements aimed at preventing double taxation, which Hong Kong has concluded with other countries. It also serves to confirm the company’s tax status in international tax matters. Let’s take a closer look at the criteria by which companies can obtain tax resident status in Hong Kong, as well as the process for obtaining this certificate.

Territorial Source Taxation The territorial source tax principle in Hong Kong means that tax is levied solely on profits derived from sources within this special administrative region. This is a key difference between Hong Kong’s tax system and those of many other countries, where taxes are levied on a company’s worldwide income, regardless of its […]

The key to Hong Kong’s appeal lies in its distinctive tax framework, which operates on a two-tier tax system combined with a territorial source basis. This system allows companies registered in Hong Kong, whether conducting business locally or internationally, to optimize their tax obliga-tions, significantly reducing—or even entirely eliminating—the corporate profit tax. More interesting details you will find out by reading our article.

According to the Companies Ordinance (Cap. 622), every company operating in Hong Kong is re-quired to appoint a corporate secretary. The corporate secretary ensures that the company adheres to statutory and regulatory requirements, maintains official records, and handles administrative tasks such as filing annual returns and other necessary documents. To find out more about the role of a Company Secretary, please, read our article.