Plain-English guides to HSIC codes, company registration, and compliance in Hong Kong.
Hong Kong employers must comply with the Occupational Safety and Health Ordinance (Cap. 509), which requires a safe workplace, safe systems of work, and adequate training. This guide covers eligibility, statutory timelines, penalty figures, and which businesses fall within scope.
A practical guide for Hong Kong employers on lawful termination, statutory notice periods, severance payment thresholds under the Employment Ordinance (Cap. 57), and the distinction between severance payment and long service payment.
A definitive guide to Hong Kong statutory holidays, annual leave, sick leave, and maternity/paternity entitlements under the Employment Ordinance (Cap. 57). Covers eligibility, accrual formulas, exact statutory rates, and penalties for non-compliance.
Hong Kong law requires every employment contract to state five specific terms in writing under section 44 of the Employment Ordinance (Cap. 57). This guide sets out the mandatory contents, the statutory deadlines for providing them, the penalties for non-compliance, and how to draft a contract that satisfies both the Employment Ordinance and the Companies Ordinance (Cap. 622).
Hong Kong operates no foreign exchange controls. The Hong Kong dollar trades freely, and businesses may move capital in and out without restriction. This guide explains what that means in practice, where genuine reporting duties still apply, and how to structure cross-border payments correctly.
A practical guide to establishing a fintech company in Hong Kong and entering the HKMA Fintech Supervisory Sandbox. Covers eligibility, incorporation timelines, SFC and HKMA licensing costs, and suitability for startups versus established institutions.
A practical guide to Securities and Futures Commission (SFC) licensing in Hong Kong — who must be licensed under the Securities and Futures Ordinance (Cap. 571), the ten regulated activities, application timelines, exact fees, and suitability criteria for corporate and individual applicants.
A Stored Value Facility licence is required under the Payment Systems and Stored Value Facilities Ordinance (Cap. 584) before issuing prepaid value in Hong Kong. This guide covers eligibility, HKMA application timelines, the HKD 25 million capital requirement, and who genuinely needs a licence.
Hong Kong regulates stored value facilities and money service operators under the Payment Systems and Stored Value Facilities Ordinance (Cap. 584). This guide covers eligibility, HKMA licensing timelines, exact fees, and which business models fall outside the regime.
A practical guide to invoice financing, factoring, and trade finance for Hong Kong SMEs. Covers eligibility, timelines, exact costs, and which HSIC-classified businesses qualify — grounded in HKMA, HKTDC, and Companies Ordinance references.
Your HSIC code (Hong Kong Standard Industrial Classification) is more than a statistical label — lenders use it to assess industry risk, eligibility, and loan terms. This guide explains how your code influences approval odds, interest rates, and documentation requirements, with practical steps to verify and optimise your classification before applying.
A practical comparison of business bank accounts at Hong Kong's major banks for SMEs, covering eligibility, fees, timelines, and suitability. Includes HSIC code requirements and application steps.