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CW CPA Professional Insights on China and Cross-Border Business

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What is a Company Secretary in Hong Kong?

A company secretary in Hong Kong is a vital position that ensures the company complies with statutory obligations and acts as a custodian of corporate governance. Read on to learn more about the eligibility requirements, role, and responsibilities of a company secretary.

China Releases Final Version of Standard Contract Measures for Outbound Personal Information Transfers

China’s new Measures on Standard Contracts for the Export of Personal Information (Measures) come into force on June 1, 2023. The Measures provide a clear and comprehensive framework for the export of PI from China. Companies that conduct cross-border data transfers should carefully review the Measures and take steps to ensure compliance.

Guide to Maintaining the Significant Controllers Register for Your Hong Kong Company

The Companies (Amendment) Ordinance 2018 introduced new requirements on the keeping of significant controllers registers by companies in Hong Kong. This guide details the various obligations demanded by the SCR regime, the method by which your Hong Kong company’s significant controllers should be identified, and other practical steps that you should take to ensure compliance with the Amendment Ordinance.

The Healthcare Industry in the Guangdong-Hong Kong-Macao Greater Bay Area: A Growing Opportunity for Foreign Investors

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in China has a rapidly growing healthcare industry with significant potential, driven by a large and growing market, favourable government policies, and a strong focus on innovation and technology. The region's thriving biotech industry and world-class healthcare facilities offer opportunities for foreign investors in areas such as healthcare services, biotech startups, medical equipment and technology, and healthcare tourism. However, foreign investors may face challenges such as a complex regulatory environment, cultural differences, intellectual property protection, and talent acquisition. Successful examples of larger foreign investors and SMEs in the region demonstrate the potential for success in the GBA's healthcare industry.

Hong Kong Companies (Amendment) Ordinance 2023: Virtual and Hybrid General Meetings

Gazetted on 27 January 2023, the Companies (Amendment) Ordinance 2023 (“Amendment Ordinance”) will come into force on 28 April 2023, which provides for the holding of completely virtual or hybrid general meetings by companies incorporated in Hong Kong. This article addresses the key changes as set out in the Amendment Ordinance and provides some practical tips to help you navigate certain important aspects relating to its implementation. Learn about the background and key amendments to the ordinance, as well as practical issues to consider. Discover how CW can assist you in navigating these changes.

New Opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area’s Industries of Strategic Importance

Discover the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), a unique proposition for overseas companies with untapped business opportunities. As an industrial, services, and innovation powerhouse with gigantic, thriving markets, the GBA is a prime destination to do business. Explore industry-specific opportunities in health tech, biotech, e-commerce, next-generation information technology, green tech, and manufacturing.
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