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🌟【2024/25 Latest Tax Benefits】A complete guide to assisted childbirth expense deductions|Accountants break down the key points of application
【2024/25最新税務優惠】輔助生育開支扣除全攻略
Michael Chan - Bida & Co.
Mar 13


Certified True Copy
A Certified True Copy is a document copy that is signed and authenticated by a legally authorized institution or individual to verify the...
Michael Chan - Bida & Co.
Mar 14, 2024


Deregistration, Striking Off and Winding Up conditions and differnce
The company must meet the following conditions before making an application for deregistration: all the members of the company agree to...
Michael Chan - Bida & Co.
Sep 15, 2023


How much restriction is there on company names in unlimited company
When registering your business, you have the option to choose a business name. You can choose one of the following three options: (a)...
Michael Chan - Bida & Co.
Mar 22, 2023


Pros and cons of a sole proprietorship and partnership:
Pros: Easy to set up: A sole proprietorship only requires one person to start and the process of setting it up is relatively simple....
Michael Chan - Bida & Co.
Mar 21, 2023


Comparison between sole proprietorships and partnerships
A sole proprietorship is a type of business owned and operated by a single person. The owner of a sole proprietorship is responsible for...
Michael Chan - Bida & Co.
Mar 10, 2023


Notification of Changes to Business Registration Information
Business Registration and incorporation under the one-stop company registration and business registration system require companies to...
Michael Chan - Bida & Co.
Mar 9, 2023


Approved charitable donations
Approved charitable donations You can apply for deduction of donations made to charitable organizations that are exempt from tax under...
Michael Chan - Bida & Co.
Mar 7, 2023


Business registration fees
Business registration fees are one of the mandatory fees that all businesses must pay when setting up and conducting commercial...
Michael Chan - Bida & Co.
Mar 6, 2023


Companies Registry releases statistics for 2022
According to the latest statistics released by the Companies Registry, the total number of newly established local companies in Hong Kong...
Michael Chan - Bida & Co.
Feb 28, 2023


Reducing profits tax, salaries tax & tax under personal assessment for the year of assessment 22/23
The Financial Secretary has suggested a one-time reduction in profits tax, salaries tax, and personal assessment tax for the 2022/23...
Michael Chan - Bida & Co.
Feb 23, 2023


Types of Tax Returns
The types of tax returns in Hong Kong are: - Tax Return – Individuals (BIR60) - Property Tax Return (BIR57 or BIR58) - ...
Michael Chan - Bida & Co.
Feb 23, 2023


What is Property Tax?
Property Tax is payable by the owners by the year of assessment on “net assessable value”(NAV) at the standard rate. The year of...
Michael Chan - Bida & Co.
Feb 23, 2023


Comparison between cloud accounting and traditional accounting
Data storage: Traditional accounting often involves storing financial data on paper or using computer software, while cloud accounting...
Michael Chan - Bida & Co.
Feb 22, 2023


Why online accounting is good for business
Online accounting is becoming increasingly popular among businesses of all sizes due to the many benefits it offers. Here are some of the...
Michael Chan - Bida & Co.
Feb 22, 2023


Benefits of Xero
There are many benefits of using Xero accounting software for small businesses and accountants. Here are some of the main benefits: Easy...
Michael Chan - Bida & Co.
Feb 22, 2023


KEY featureS for XERO
Xero is a cloud-based accounting software that provides small businesses and their advisors with real-time access to financial data. Xero...
Michael Chan - Bida & Co.
Feb 17, 2023


XERO Cloud accounting vs traditional accounting
XERO Cloud Accounting: 1. XERO Uses cloud-based software to manage financial transactions. 2. XERO provides real-time access to financial...
Michael Chan - Bida & Co.
Feb 17, 2023


Why XERO cloud accounting is good for business
Why XERO cloud accounting is good for business
Michael Chan - Bida & Co.
Feb 17, 2023


Two-tiered Profits Tax Rates Regime
On March 29, 2018, the Inland Revenue (Amendment) (No. 3) Ordinance 2018 became law. With effect from the year of assessment 2018/19, the...
Michael Chan - Bida & Co.
Feb 14, 2023
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