The Companies (Amendment) Ordinance 2018, which came into operation on 1 March 2018 imposed on companies incorporated in Hong Kong (excluding listed companies in Hong Kong) an obligation to maintain a Significant Controllers Register (SCR). Coupled with the Common Reporting Standard, which took effect on 1 July 2017 in Hong Kong, the new provision reflects…
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After the progression of China’s “Three-in-One” Reform in October 2015 incorporating the business license, organization code certificate and tax registration certificate into one integrated business license (one certificate with one unified code), and the updated to “Five-in-One” policy (October 2017), the “all-in-one” process now stands fully implemented as of 31 December 2017. Prior to “Three-in-One”,…
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In December Horizons Corporate Advisory unveiled the firm’s China Collaborative Group (CCG) as part of a four-city knowledge seminar promoting Winning Ways for Investment. CCG is a unique professional services advisory comprised of business and legal experts from China and abroad. Its mission is to assist Chinese business executives and decision-makers in achieving market advancement…
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