How to Carry Forward Tax Losses in Hong Kong to Reduce Your Future Tax Bill

Here’s a fun thing about running a business: When you lose money, the government says “sorry for your loss,” and when you make money, the government says “congratulations, please give us some.” But Hong Kong has this delightful quirk where if you lose money first and make money later, you can tell the government “remember […]

6 Ways Hong Kong’s Commercial Building Allowances Boost Your Cash Flow Immediately

The thing about Hong Kong’s commercial building allowances is that they’re simultaneously everywhere and nowhere. Every tax guide mentions them, but most businesses are leaving serious money on the table because the rules are more generous—and more recently updated—than people realize. In 2024/25, Hong Kong quietly removed the 25-year time limit that used to make […]

The Smart Business Owner’s Guide to Hong Kong’s Depreciation Allowance

Depreciation allowances in Hong Kong are like hidden treasure chests scattered throughout your financial statements—if you know where to look. While most business owners focus on immediate cash flow and quarterly results, the savvy ones are quietly reclassifying assets and restructuring capital expenses to create massive tax deferrals. It’s financial optimization that can translate to […]

Best Bank Accounts for Small Businesses in Hong Kong

Your money needs a home—let’s find it one. If you’re running a small business or startup, you now have three main options for opening a business account to support your operations in or outside of Hong Kong: NEW Open an account with a virtual bank – Quick and paper-light, ideal for startups. Go with a […]

Can Multiple Companies Be Registered at One Address in Hong Kong? Yes, Here’s Why.

Setting up a company in Hong Kong involves ticking certain boxes, and one of the first is the “registered office address.” This is the official homing beacon for government communications – the spot where tax forms and other crucial notices from the authorities will land. It sounds important, perhaps even implying a need for exclusivity. […]

Can a Company Secretary Be a Director in Hong Kong?

You’re probably wondering: “Can I just have my director handle secretary duties and save some money?” The answer is “yes, but” or “no, because” depending on your situation. For companies with multiple directors, Hong Kong law permits this dual role—a practical concession to operational efficiency. For sole-director companies, it’s strictly prohibited—a deliberate firewall to ensure […]

Hong Kong’s 60-Day Tax Rule: How Short Visits Can Save Your Business Money

If you’re a business owner or entrepreneur, understanding Hong Kong’s “60-day rule” is crucial. Not only can it help your business lower costs, but your employees will thank you too. It’s one of those rare, delightful parts of the tax code that rewards you for careful planning. I’ll show you how it works and how […]

Hong Kong Crypto Regulations: A Comprehensive Guide

A recurring theme in crypto is that people want to do new financial things, regulators aren’t sure about those things, the things happen anyway, then regulators come in with a hammer. Except in Hong Kong. Hong Kong has opted for a different model, more like: “here are the rules, please follow them.” They’ve created a […]

Hong Kong Company Types: A Comprehensive Guide

The tricky part about starting a company in Hong Kong isn’t the “how” but the “what”: specifically, what type of company structure you should choose. There are quite a few ways to hang your shingle in Asia’s financial hub, and they’re not all created equal. Get it wrong, and you could be looking at higher […]