Your nature of business can be brief but shouldn’t be too vague. In light of the COVID-19 crisis, the 2020-21 Budget has proposed one-off reductions of profits tax for the year of assessment 2019/20 by 100%, subject to a … The most common business vehicle in Hong Kong is a Limited Liability Company. It remains one of the oldest – and steepest – tramways in the world. For further information on the types of business entities in this country and their abbreviations, see "Business entities in Hong Kong". 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Nature of Non-Hong Kong Company. If you are doing business with Hong Kong companies and would like to know more information about them, the Hong Kong Companies Registry offers online search services on companies registered in Hong Kong. You are likely to see 1.2 The purpose of this publication is to assist our clients in setting up and maintaining a business in Hong Kong through a Hong Kong (see Part B) or a foreign (see Part C) company. the length of the nature (including punctuation, symbols, and spaces) cannot exceed 30 characters for a Chinese business description and nature and 60 characters for an English business description and nature. Use business apps help you get any job done, like Cisco Webex and Microsoft Excel for daily needs and industry-specific tools like Shapr3D and Scandit for specialized tasks. Application for Business Registration Documents. Update your business profile. Every company incorporated in Hong Kong or non-Hong Kong company registered if you are in the trading business, then the nature of your business is Trading. Employee vs Director vs Freelancer or Independent Worker: What’s the Difference? Cathay Pacific City, the headquarters of Cathay Pacific. ... Hong Kong 繁 … Managing your reputation is therefore one of the most important success factors when doing business in Hong Kong. Here's more on Hong Kong's Nature and Wildlife. • Although no particular aspects of Hong Kong‘s tax regime favours foreign investment and there are no significant tax incentives for foreign investment, Hong Kong‘s Hong Kong Business Listed Companies, International Business, and Business Ranking Awards 2017 Island Shangri-La, Hong Kong Hong Kong Business High Flyers Awards 2016 A Free Economy Means the Sky is the Limit. The most common type of business entities in Hong Kong are companies, sole proprietorships and partnerships. Scope "Business" means any form of trade, commerce, craftsmanship, profession, calling or other activity carried on for the purpose of gainand also means a club. It is shown on the business registration certificate. This documents shows that the company is valid and registered within the Inland Revenue Department. Custom Apps. Payment Methods. [1] Hong Kong is one of the world's most significant financial centres, with the highest Financial Development Index score and consistently ranks as the world's most competitive and freest economic entity. It makes Hong Kong’s business environment favorable to business. The Mai Po marshes in Deep Bay in the New Territories are a protected area and an important bird sanctuary where hundreds of migratory species find their way in the winter months, making it a paradise for bird-watchers and nature … The Two International Finance Centre in Central. Take pains to avoid being confronted by co-workers or proven wrong by clients. The industry and sector follow the Industry Classification Benchmark taxonomy. Philanthropists, champions of social responsibility lead 2020 honours list in DHL-SCMP Hong Kong Business Awards Tan Siu-lin, founder of the Luen Thai Group of companies and one of Hong Kong… #23 The Peak Tram began running in 1888 and was Asia’s first funicular railway. A limited liability company offers protection of personal assets from business risks and liabilities and is a separate legal entity. Serial No.) the language of business in Hong Kong and many people speak English, Cantonese and Putonghua and have a good understanding of international and mainland Chinese business. Individual Associates Directory. Business nature is a common description of the business of a Hong Kong limited company. If you are running a restaurant, then the nature of your business is Food & Beverage. Enquiries. Hong Kong Dietitians Association (HKDA) Prior to the incorporation of the Hong Kong Dietitians Association, the dietetic profession was mainly represented by the trade union currently known as the Hong Kong Practising Dietitians Union (HKPDU), which is now responsible for labor relations. Business Registration Office Address & Office Hours. MTR Corporation Limited is a majority state-owned Hong Kong company listed on the Hong Kong Exchange and the OTC Markets Pink Sheets, and a component of Hang Seng Index.The MTR Corporation runs Hong Kong's eponymous Mass Transit Railway (MTR), and is also a major property developer and landlord in Hong Kong.The MTR additionally invests in railways across different parts in the world, … List of Current Charges. HONG KONG--(BUSINESS WIRE)--Many people around the world are taking this uncertain time as an opportunity to reconnect with nature on a deeper level through all their senses.To evoke nature… Where a company incorporated outside Hong Kong establishes a place of business or branch office in Hong Kong as an extension of the investing company, it is referred to as an "Non-Hong Kong Company" (formerly known as "oversea company") or "Branch Office". Hong Kong is an autonomous territory of the People's Republic of China on the Pearl River Delta of East Asia. Hong Kong´s business culture emphasizes personal reputation. [8] However, while Hong Kong has one of the highest per capita incomes in the world, it suffers from severe income inequality.[9]. Concessionary Refund of Business Registration Fee. Here we cover how to select what business nature to report. Star shines in the future Limited 22-JAN-2021 Live. Exemption from Registration or Payment. Waiver Period from 1.4.2020 to 31.3.2021; Hong Kong is an autonomous territory of the People's Republic of China on the Pearl River Delta of East Asia. Hong Kong Government Rolls Out Measures to Support Individuals and Businesses Affected by COVID-19, Hong Kong: Accounting, Audit & Tax Filing Checklist, Not All Corporate Service Providers Are Created Equal. Manage Your Accounts (Accounting, Auditing & Tax Filing), Directors and Shareholders in your company, Apply Duplicate/Replacement Corporate Records, Notary, Apostille, Legalization and China Attestation. Non-Hong Kong Company Registration and Maintenance Guide (1) - Nature of Non-Hong Kong Company 1. The relevant government authority is the Registrar of Companies (the “Registrar”). 01-Manufacturer 02-Reseller(includes Wholesalers) 03-Retailer 04-Importer 05-Exporter 06-Educational Institutions 07-Banking Institutions [2][3][4][5] As world's 8th largest trading entity,[6] its legal tender, the Hong Kong dollar, is the world's 13th most traded currency. For example “Trading” or “Consulting” would be too general whereas “Trading Clothes” or “IT Consulting” are acceptable. Said that, it is not necessary to spend too much time on your nature of business as by law, companies are authorized to exercise in any legal business whatever their definition of business is. Search for suppliers, buyers and business partners here: Search by category; Product Service Search by keyword or alphabetical order; Member Profile. Nature Of Business: Complex Or Simple? The Inland Revenue Department expects your nature of business to be descriptive enough so it is clear what you do. This is the Nature of business Category of Hong Kong Trade Enterprise, click the Nature of business name can browse information about the company, each piece of information including company name,email,address,fax and so on. Nature Works Hong Kong Learning Hub is a broad-based engagement program with low barriers to entry for students, teachers and school to build more interest in environmental conservation and sustainability by connecting people the topics to their daily lives. The Business Registration Certificate (BRC) is a document which states the particulars of a company, and is a requirement for conducting business for a Hong Kong company. Organizations which have ceased operations are included and noted as defunct. Online Search on Company’s Particulars. The legal system in Hong Kong leans to favour the business environment by providing fair business surroundings at all times. As with many things, less can be more when you choose your business nature. Long Or Short? Here is the list, NATURE OF WORK/BUSINESS/ACTIVITY (Incl. Build your own game-changing apps using cutting-edge technology for whatever your business needs. A company having a permanent establishment in Hong Kong will be deemed as carrying on a trade, profession, or business in Hong Kong. Here are some of the wonderful birds that are found in the wetlands of Hong Kong:And at the bottom of the food chain, there is of course the mudflat inhabitants that provide the sustenance for the wading birds. This list includes notable companies with primary headquarters located in the country. #24 Every spring, locals sport outlandish costumes as Hong Kong hosts one of the world’s biggest rugby tournaments, the awesome Hong Kong Sevens. IDEAL KINGDOM LIMITED 22-JAN-2021 Live. 1. Business Consultants. 07 Jan 2021 Monthly ReturnsMonthly Return of Equity Issuer on Movements in Securities For The Month Ended 31 December 2020: 04 Dec 2020 Monthly ReturnsMonthly Return of Equity Issuer on Movements in Securities For The Month Ended 30 November 2020 The nature of business refers to the overall activities of a company in their quest to create, market, and sell a service or a product. With thousands of startup business opportunities, have a look at this list of 10 small business ideas in Hong Kong and get started! Yanghong Investment Co., Limited 22-JAN-2021 Live. Hong Kong Business Directory. a Hong Kong company, an individual or other legal entity.) Limited Liability Company. You can even open a new consulting business here. List of Nature of work/business/Activity is not available for on the internet and Sales Tax department has forgotten to list those services. Hong Kong is one of the world's most significant financial centres, with the highest Financial Development Index score and consistently ranks as the world's most competitive and freest economic entity. ADVENTURE AIR RACE INVESTMENTS LIMITED 22 … Know Your Customers Guidance. The definition of your business (or nature of business) will be shown on the Business Registration License, and it should not consist of more than 60 characters (including space between words). Mai Po Nature Reserve. Know some fellow members and their businesses. You need to declare the nature of your business e.g. in Hong Kong must register his business with the Business Registration Office of the Inland Revenue Department. Hong Kong Bestar Technology Group Co., Limited 22-JAN-2021 Live. Full Member Information Update. Essentially, the main focus for what a company does in a particular sector or industry is known as that company’s nature of business. "It was easily one of the most beautiful, well-curated gardens I've ever been in, and it perfectly juxtaposed the hustle and bustle of the dense Hong Kong skyline with the calmness and serenity of nature." [7] Hong Kong's tertiary sector dominated economy is characterised by simple taxation with a competitive level of corporate tax and supported by its independent judiciary system. This includes hongkong company incorporation, open company in hong kong, hong kong incorporation, offshore company registration hong kong, offshore company incorporation, hong kong company formation services, starting a business in hong kong, hong kong company setup. Online Company Register provides you HK Company Law. A lot of business consultants are setting their branches in Hong Kong. S the Difference Kong is an autonomous territory of the People 's Republic of China on the of. Classification Benchmark taxonomy the Pearl River Delta of East Asia the nature of business! 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