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Insights

CW CPA Professional Insights on China and Cross-Border Business

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Hong Kong: Abolition of the Mandatory Provident Fund Offsetting Mechanism

On 9 June 2022, Hong Kong’s Legislative Council passed the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill (“the Amendment Bill”) to abolish the MPF offsetting mechanism. This article provides a summary of the main legislative changes and details the government’s proposed measures to tide over businesses during the transition period.

A Brazilian Market Leader’s Story: Two Essential Ingredients for Success in China

Unlocking Success in the Chinese Market: Discover Intelbras' Winning Formula of Relationships and Innovation. Learn how this pioneering Brazilian company overcame challenges and harnessed China's industrial strength, as revealed by an exclusive interview with a senior Intelbras representative.

Your Guide to Corporate Income Tax in Hong Kong

Hong Kong boasts a simple and straightforward corporate tax system compared to other jurisdictions. This notwithstanding, you should have a sound knowledge of its operation to fully leverage the benefits of favourable tax policies. In addition, it is important to observe your tax filing obligations to keep fines and penalties at bay. This guide will help you navigate the workings of corporate income tax or profits tax in Hong Kong.

Annual Compliance Requirements for Your Company in China

With important deadlines one after another, meeting your annual compliance obligations can indeed be a complex and confusing affair. In this article, we will delve into the main annual compliance requirements that every company operating in China should be aware of. Such obligations involve conducting different statutory filing and financial reporting procedures.

From Latin America to Asia: A Colombian Entrepreneur’s Journey to Business Success through Hong Kong

Discover the journey of Fernando Hernandez, a Colombian entrepreneur who ventured into the business landscape of Hong Kong. Uncover the reasons that led him to establish a Hong Kong company, leveraging the advantages and efficiency of Hong Kong's commercial and financial ecosystem. If you're seeking insights into entering the Chinese market or require expertise in agrochemical services and regulatory affairs, explore Fernando's success story and connect with him.

Guangdong-Macao In-depth Cooperation Zone in Hengqin, Zhuhai

The Guangdong-Macao In-depth Cooperation Zone in Hengqin, Zhuhai, is a significant development area aimed at supporting the growth and economic diversification of Zhuhai. It is part of the regional development plan for the Greater Bay Area of China. Hengqin Island, the largest island of Zhuhai situated next to Macao, has been a focal point for development efforts. In this article, we explore the economic potential of Zhuhai and highlight the advantageous industries and preferential tax policies within the Cooperation Zone in Hengqin.
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