The new Hong Kong Companies Ordinance (the “new CO”), Chapter 622 of the Laws of Hong Kong, has been passed by the Legislative Council and will be enforced and commence operation on 3rd March 2014.
As your reliable business partner, NOVA has summarized several key features for your reference.
A one-off reduction of profits tax, salaries tax and tax under personal assessment for the year of assessment 2013/14 by 75%, subject to a ceiling of $10,000 per case.
For profits tax, the ceiling of the tax reduction is applied to each business. For salaries tax, the ceiling is applied to each individual taxpayer; but for couples jointly assessed, the ceiling is applied to each couple. For personal assessment, single taxpayers will each be subject to the ceiling. Married couples must make their personal assessment election together and the ceiling will therefore apply to each couple.
Due to cost variation, the price of incorporation services would have a significant reduction. The price for incorporating a new Hong Kong company is only $3,980 (Require 1 working day for express registration) and $4,500 for 3-7 working days with a company kit included (Originally priced $5800). In addition, NOVA has revised the pricelist of the virtual office packages, which would help us to improve the quality of services provided to our valuable clients.
Both new incorporation and virtual office package would be effective on 1st April 2012.
Our professional and tailor-made business services with excellent customer support are highly recognized by our valuable clients. That is why our clients do always recommend NOVA to their business partners or friends. NOVA has launched a Referral Scheme to express our faithful appreciations to the referee, who can be rewarded up to $500 Citysuper cash coupon.
NOVA Business Services Limited is awarded the Caring Company Logo 2011/12 term by the Hong Kong Council of Social Service, recognizing the outstanding performance in community services.
Launched by the Hong Kong Council of Social Service in 2002, the Caring Company Scheme aims to build a cohesive society by promoting partnerships between business and social service partners, and inspiring corporate social responsibility through caring for the community, employees and the environment.
We are delighted to receive the 'Caring Company Logo' by the Hong Kong Council of Social Service again on March 1, 2012 in recognition of our commitment to being a good corporate citizen in 2011/12.
Hong Kong Trade Development Council will be hold “Entrepreneur Day” on 20-21 May 2011 at Hong Kong Convention and Exhibition Centre. For more details, check out web site at http://www.hktdc.com/fair/eday-en/HKTDC-Entrepreneur-Day.html. For incorporation question, please contact us. Our consultant will be serve of you at free charge.
NOVA Business Services Limited has been presented with the Caring Company Award by the Hong Kong Council of Social Service for 2 consecutive years (from 2009 - 2011). The award recognizes private companies in Hong Kong which demonstrate good corporate citizenship.
The mission of the Caring Company Scheme is to build a caring community by encouraging corporate citizenships and strategic partnerships among the business, public and social service sectors in Hong Kong. Awards are presented each year to recognize organizations with outstanding involvement in corporate social responsibility programs.
We are delighted to receive the 'Caring Company Logo' by the Hong Kong Council of Social Service again on March 1, 2011 in recognition of our commitment to being a good corporate citizen in 2010/11.
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Our new Secretary Service provide designated bill payment, cheque bank-in and letter postage service to Prestigious Clients. Please contact us for more detail.