Hong Kong’s Two-Tiered Tax Rates Explained
Hong Kong's Two-Tiered Tax Rates Regime is a game-changer for SMEs! The first HK$2 million of profits are taxed at a lower 8.25% rate, helping businesses grow and thrive. Discover the benefits and eligibility criteria for this innovative tax system in our article below.
What Is A Neobank? Everything You Need To Know
Discover how Neobanks can revolutionise your small business in Hong Kong. Learn about cost-effective services, 24/7 online access, faster account setup, enhanced customer experience, and cutting-edge financial tools. Read Osome’s guide now and stay ahead in the era of digital banking.
A Guide to Basic Bookkeeping for New Business Owners
Bookkeeping is a complex process, but an essential one nonetheless. Here's how you can get started with a fundamental understanding of what bookkeeping involves
2023 Tax Filing Season: Key Dates in Hong Kong You Need To Know About
Get ready to add important dates to your 2023 calendar. Staying updated with tax deadlines can help you steer clear of penalties and non-compliance, so you can run your business with peace of mind.
6 Tips To Get Paid Faster as a Freelancer or Small Business Owner
Sick of not getting paid on time? We feel you! Cash flow is the lifeblood of any business, and delayed payments can hinder your operations. Read on to find out how you can get paid on time, every time.
Recording Donations in Bookkeeping for HK Companies
If your business constantly makes donations, you would be no stranger to the joy of giving. Furthermore, you could even benefit from tax deductions. This article covers all you need to know about recording donations, so you can breeze through tax season.
Hong Kong Audit Report Requirements 101
All Hong Kong business owners must have their financial audit reports reviewed by an independent party. Regardless of the stage of your business, this is a legal requirement. All Hong Kong incorporated businesses - whether they trade in Hong Kong or overseas - are also subject to the law.
What SMEs Need To Know About The Hong Kong Budget 2022
The Hong Kong Budget 2022 sets out ways to mitigate the impact of the pandemic, especially amidst a new wave of infections. With handouts, tax breaks and subsidies, SMEs should take note of the new measures from the Budget 2022 announcement.
A Guide to Keeping Business Financial Records
Good business record keeping is crucial for managing costs, or regulatory reasons. If you are just starting up your business, it might not be the first thing that comes to your mind, but it can help you build a strong foundation.