Bank of China (Hong Kong) Ltd (BoC HK) Envisions Greater Use of Renminbi in Cross-Border Deals. Bank of China (Hong Kong) Limited, the second-largest bank in Hong Kong by assets, anticipates a rise in the use of the renminbi (RMB) for cross-border transactions. The bank plans to expand RMB-related services next year, driven by growing…
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Apart from limited exceptions, the Employment Ordinance applies to all employees engaged under a contract of employment in Hong Kong. Employee rights are governed by the provisions of the Employment Ordinance, other applicable ordinances, their contracts of employment, and common law principles. All employment in Hong Kong is contractual, with no concept of “at-will” employment.…
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To establish a branch of a non-Hong Kong company in Hong Kong, you must submit an application for registration to the Registrar and the Commissioner of Inland Revenue within one month of establishing a place of business in Hong Kong. Registration with the Registrar may not be necessary if the branch office is not used…
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Hong Kong boasts an open and efficient company governance regime, a reliable tradition of the rule of law, a simple taxation system, and world-class professional services. Its strategic location, along with its extensive commercial and trading networks with both the Mainland and worldwide, makes it highly favorable for corporations managing their operations in the Mainland…
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We want to express our sincere gratitude for the collaborative efforts and successful partnerships we have shared. May the coming year bring you prosperity, innovation, and the realization of your aspirations. Wishing you a wonderful holiday season and a prosperous New Year!
At the inception of the Hague Conference in 1893, the global legal landscape markedly differed from the present day. At that time, Hague Conferences were predominantly attended by Europeans, reflecting a Eurocentric perspective. Following the tumultuous aftermath of the two World Wars, the Hague Conference on Private International Law emerged as an autonomous inter-governmental organization,…
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