企业大学
OCTIS Business University · Hong Kong
Plain answers on incorporation, accounting, audit and tax, checked against the Companies Registry, the IRD and the Companies Ordinance. 208 questions business owners ask, each with the law behind it.
Incorporation
Setting up a company, who can own it, and what it costs to keep it in good standing.
- Which business structure should I choose in Hong Kong: sole proprietorship, partnership or limited company?
- How do I set up a sole proprietorship in Hong Kong and what is my liability?
- How does a partnership work in Hong Kong, and what is a limited partnership?
- What is a private company limited by shares in Hong Kong and why do most businesses choose it?
- Should an overseas company set up a branch, a representative office or a Hong Kong subsidiary?
- How do I incorporate a limited company in Hong Kong, step by step?
Accounting
Bookkeeping, financial statements and the records the law says you must keep.
- What is the difference between bookkeeping and accounting in Hong Kong?
- Is a Hong Kong company legally required to keep accounting records?
- What must a Hong Kong company's accounting records contain?
- How long must a Hong Kong company keep its accounting records?
- What does section 51C of the Inland Revenue Ordinance require from my business?
- Does the Business Registration Ordinance require me to keep accounting records?
Audit
When you need an audit, who can do it, and what happens if you skip it.
- Does every Hong Kong limited company need an audit?
- Why does Hong Kong require even a small private company to be audited?
- Do I still need an audit if my company had no revenue or no business activity?
- Does a newly incorporated Hong Kong company need an audit in its first year?
- My company is loss-making. Do I still need to audit it?
- What is the dormant company audit exemption in Hong Kong?
Tax
Rates, returns, deadlines and penalties, in plain words.
- What is Hong Kong's territorial source principle of taxation?
- Does a Hong Kong company pay tax on profits earned overseas?
- Does Hong Kong have VAT, GST or sales tax?
- Are dividends taxed in Hong Kong?
- What is the profits tax rate for a Hong Kong company?
- What profits tax rate do sole proprietors and partnerships pay in Hong Kong?
Looking for Malaysia? Open the Malaysia University