Brainstorming
Don't take things for granted! There may be a better way to run the same
business. A sound corporate structure assists clients in brand building, attaining
operational efficiency, accumulating risk-free or tax-free assets (tangible and
intangible) and makes easier planning for reducing corporate and individual income
tax. Our team comprises experienced legal counsel, professional accountants and
tax advisors, come and talk to us before commencement of business. And most important
of all, we insist on giving a clear and understandable service. The workability
of our consulting is measured by your understanding and satisfaction only.
Corporate
Formation and Business Reorganization
What business are you in? This is a billion dollar question, which may
give you different answers along different time. Business environment changes
everyday, your target customers may also change and so are your competitors. Winning
is a long journey that requires your continuous scanning and review of your compatibility
of your corporate structure against the market and product environment. Every
market and product has its life cycle and your competitors today may become your
business partner tomorrow.
You
can engage us on an ongoing or ad hoc basis and focus on business reorganization
opportunities to create new market insights and achieve higher operational and
tax efficiency. We can help you identify the structure required for an incorporated
business, a liaison office, a branch of a foreign corporation, a locally or overseas
incorporated limited company.
Financial
and Tax Planning
Begins with an end in your mind! The most common example is tax planning
and public listing: everyone wants to pay less tax and/or obtain finance through
public listing; however, many companies fail to recognize importance of setting
up a proper corporate structure before their business start. Successful tax planning
and public listing requires careful planning, detail documentation and integration
with the business processes. We can talk and walk with you, guide your steps through
the process.
Trusts
and Assets Protection
Setting up a trust means that the Settlor transfer the legal ownership
of any or all of the assets to a third party (a Trustee), who holds them for the
benefit or use of others (the Beneficiaries). A trust allows one to avoid the
inconvenience of the financial obligations and responsibilities associated with
the legal ownership of the assets, while allowing the beneficiaries to legally
enjoy continued use of and income from those assets. Trusts
are widely used to mitigate exposure to income tax, capital gains tax, wealth
tax, gift tax, estate duty and inheritance tax in jurisdictions such as Canada,
Hong Kong, the United Kingdom and the United States. They can also be used to
ensure the continuity of family business in the event of incapacity or death of
the owner. Internet
Marketing
Since the outburst of the dot.com bubble,
many people believe the magic of internet marketing no longer exist. It appears
that the primary reason why people surf online is to get FREE INFORMATION. Hence,
it is not surprising to see 96% of online businesses are losing money on the internet.
However,
people do buy things online. But before you can sell your services, you must convince
the visitor to a degree so he will contact you. And to convince him, you need
to give FREE INFORMATION in a very definite way. There
are ethical, legal and very efficient internet marketing techniques that do give
results. You need visitors to your website presenting your products or services.
Having a web site means nothing unless you can get TRAFFIC. Then you need to know
what to add and adjust to make it CONVERT visitors into prospective clients at
a good ratio well below the internet average. If
you are a newly startup or growing business, we can assist you to start getting
prospective customers through the internet and if you are working in the trading
of fast moving consumer goods, our affiliate company can provide suppler chain
management, chain stores and wholesalers distribution, logistics management and
sales administration services in Hong Kong.
Company
Secretarial Services for Hong Kong Companies
It
is important for individuals or companies wishing to operate in Hong Kong to choose
the most appropriate form of business to conduct their activities and ensure that
all statutory requirements upon formation and thereafter are complied with. Frequently,
the advantages and disadvantages of operating by way of different options available
are unclear to the newcomers, who may also lack the expertise or time to attend
to different statutory requirements.
We
provide a full range of company secretarial services including: Advice on appropriate
business entities and efficient corporate structures to meet your needs:
| Incorporation
of Hong Kong companies in Hong Kong or registration of foreign corporation in
Hong Kong either as branch or representative offices; |
| Maintain
proper statutory books and records, prepare and file the pre-requisite statutory
documents with various Government authorities, including Annual Return; |
| Provide
nominee shareholder services to ensure the statutory requirement of Hong Kong
companies is complied with; |
| Provide
a Hong Kong Registered Office or correspondence address; |
| Apply
for Business Registration Certificate with Business Registration office; |
| Assist
you in the application for Personal Bankruptcy, Company De-registration and Liquidation
matter; and | | Assist
in opening account with Bank for our local and oversea clients. |
Company
Secretarial Services for Offshore Companies
Individuals
or companies holding assets or operating outside Hong Kong can set up companies
incorporated in offshore jurisdictions such as Macao, British Virgin Islands,
Bermuda and the Cayman Islands, where the statutory requirements are more flexible
and the political environment are more stable and tax free. We
provide the following services to ensure compliance with the business regulations
in the relevant offshore jurisdictions: Incorporation
of limited companies in popular jurisdictions; Liaison
with the registered agents, company secretaries or representatives in the place
of incorporation; Provision
of registered office and correspondence address, and where necessary full office
setup and routine administration support (restricted to Macao companies only); Attend
to the statutory filing requirements as laid down by offshore agents, overseas
registries and governments; Provision of nominee shareholder service and attend
to all other secretarial matters like changes in shareholder or directors, company
deregistration and liquidation.
Taxation
- Act as tax representative
- Filing of Individual, Partnership and Corporate Tax Return
- Assist in replying the queries of the I.R.D and dealing in tax field audit and investigation
- Assist in applying for objection, tax payment by installments and tax refund
- Tax planning in individual tax, profits tax, stamp duty and estate duty
Trademark
Registration
Assist in trademark registration in Hong Kong, the P.R.C. and other countries
Accounting
Services
As a startup
and growing business, you often face the need to ensure that your accounting function
is properly handled, but you do not wish to incur the cost of employing a full
time accounting staff. We are highly flexible to tailor make our services to fit
your needs whether at your premises or off-site. Depending
of the frequency of reporting, we would like to discuss with you quarterly (or
monthly) to keep you updated on your finances, keep track of your business, notice
trends, identify problems when they are small and correct unwanted development
immediately and make use of successful trends faster and easier.
Our
Services includes:
| Book-keeping
preparation maintenance of a computerized Accounting System for generating various
ledger, inventory control, account receivable and account payable; |
| Prepare
financial reports analysis with discussion on key components of financial performance.
These reports provide you with MEANINGFUL business information and analysis designed
to assist you when considering business decisions, opportunities and threats; |
| Assessment
of current accounting and management control system for improving the resource
allocation and COMMUNICATE with you on a timely and layman terms basis. From us,
we communicate more and you get more personal communication instead of letters,
secretaries, voice mail or answering machines. |
Business
Advisory Services
Our objective is to deliver high quality supportive services to startup and growing
business in the most efficient and cost-effective way. We provide practical solutions
to specific business needs and help your business excel. Our services include:
Our
Services includes:
|
Assurance Services
- Via our affiliate company to perform the statutory audit work and provide you
financial report with assurance on your financial performance for your Hong Kong
Company and the company in other jurisdiction. |
| Business
Health Checks -
Provide a detail testing of accounting systems, internal controls and information
processing and deliver a concise report on your company's Operation and Management
Control for company's future planning and development. |
| Computerising
Your Accounting System - Cost, security of data, choice of software packages
and availability of enhanced business reports will be your key concerns in selection
of your accounting system. We can assist you in the system selection and implement,
developing the changeover procedures and carry our post-implementation reviews
to ensure your controls are adequate and functioning as intended. |
| Payroll
Outsourcing - The question is how to save the costs of administration while
ensuring people get paid on time and at the correct rate. Besides, confidentiality
is another key issue, and we offer a strictly confidential and reliable service.
By means of different software programmes, we deliver an accurate and cost-effective
payroll services. | | Reinvoicing
and Documentation Services - By means of proper transfer pricing and corporate
structure, foreign corporation can effectively lower the global tax exposure through
a Hong Kong sales office or purchase procurement center. We provide a wide range
of documentation services to substantiate your business operation by providing
full import and export documentation, arranging shipping and insurance cover,
liaising with bankers and customers and providing terms and conditions of trade
and other commercial contracts. We can also arrange banking and invoicing for
your business operation. | | Routine
and Special Secondments - Expanding business may require professional accountants
to perform roles which, for commercial reasons, cannot be permanently filled from
within your own organizations. We can arrange secondment of our people to assist
you for a set period of time or cover your expertise shortage. |
| Handling
Visa Applications - In order for expatriates and their dependents to live
and work in Hong Kong, we offer complete outsourcing services on visa application
and extension and handle queries from the Immigration Department and filing proper
tax returns with the Inland Revenue Department. |
| Translation
Services - As part of supportive administrative services, we can arrange accurate
Chinese translations of financial accounts and other business correspondence and
documentation for your business. | | |
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