SERVICES

Hong Kong Stamp Duty Relief | Bestar Hong Kong Stamp Duty Relief Hong Kong provides stamp duty relief primarily through Section 45 of the Stamp Duty Ordinance (SDO), which covers the transfer of Hong Kong stock or immovable property within corporate groups. Significant enhancements to Section 45 were introduced in the 2026/27 Budget, substantially relaxing the criteria for intra-group restructurings. 1. Intra-Group Transfer Relief (Section 45 SDO) Section 45 allows corpor

Trust Company Registered Under the Trustee Ordinance | Bestar Trust Company Registered Under the Trustee Ordinance A trust company registered under Part VIII of the Hong Kong Trustee Ordinance (Cap. 29) is a corporate body authorized to act as an executor, administrator, or trustee. Unlike standard Trust or Company Service Provider (TCSP) licensees, these registered entities have explicit statutory powers to handle court-appointed trusts and probate applications. Key Registra

Hong Kong SPV Fund Administration & Compliance | Bestar Hong Kong SPV Fund Administration & Compliance Special Purpose Vehicles (SPVs) in Hong Kong are key building blocks in fund management structures—used by private equity, venture capital, real estate, and hedge funds (such as Limited Partnership Funds [LPFs] or Open-ended Fund Companies [OFCs]) to isolate liability, ring-fence specific deal assets, facilitate joint ventures, and optimize tax efficiency under Hong Kong's U

Corporate Trustee's Constitution | Bestar Corporate Trustee's Constitution In Hong Kong, a corporate trustee's constitution is governed by its Articles of Association under the Companies Ordinance (Cap. 622) and specific operational parameters under the Trustee Ordinance (Cap. 29) or Registered Trustees Incorporation Ordinance (Cap. 306). Key constitutional and structural requirements for setting up or reviewing a corporate trustee/trust company via the Hong Kong Companies R

Corporate Tax Filing | Bestar Corporate Tax Filing Corporate tax filing in Hong Kong requires submitting a Profits Tax Return (Form BIR51) along with audited financial statements and a tax computation to the Hong Kong Inland Revenue Department (IRD). The process follows a territorial tax system with a two-tiered profit tax rate. Key Filing Requirements and Deadlines Tax Rates: 8.25% on the first HK$2 million of assessable profits and 16.5% on remaining profits for corporation

Corporate Secretarial Services | Bestar Corporate Secretarial Services Corporate secretarial services in Hong Kong are a legal requirement for all registered companies, with key providers like Bestar offering essential compliance and governance support. Legal Requirements Mandatory role: Every Hong Kong company must appoint a company secretary under the Companies Ordinance. Residency rule: The secretary must be a local resident individual (at least 18 years old) or a corporat

Company Incorporation in Hong Kong | Bestar Company Incorporation in Hong Kong Incorporating a Hong Kong company is highly streamlined and can be done entirely remotely. The most common entity is a Private Limited Company. Key requirements include at least one director (any nationality), one shareholder, a local registered office, and a mandatory Hong Kong-resident company secretary. Core Requirements Directors & Shareholders: Minimum of one individual or corporate director a

Revenue Presentation (HKFRS 15 / SME-FRS) Revenue Presentation: Principal vs. Agent | Bestar Revenue Presentation: Principal vs. Agent Assessment under HKFRS 15 / SME-FRS When structuring or reviewing distributor and user terms for Hong Kong operations, the principal-versus-agent determination is critical. Under both HKFRS 15 (Revenue from Contracts with Customers) and the Hong Kong Small and Medium-Sized Entity Financial Reporting Standard (SME-FRS), the classification dicta

Hong Kong SME Reporting Exemption Procedures | Bestar Hong Kong SME Reporting Exemption Procedures The Reporting Exemption in Hong Kong allows qualifying small and medium-sized enterprises (SMEs) to prepare simplified financial statements and directors' reports. It is important to clarify a common misconception: The reporting exemption is not an audit exemption. Under the Hong Kong Companies Ordinance (Cap. 622), almost all companies incorporated in Hong Kong must have their

Hong Kong Holding Company Tax Exemption | Bestar Hong Kong Holding Company Tax Exemption In 2026, Hong Kong remains a highly attractive jurisdiction for holding companies due to its territorial tax system, absence of capital gains tax, and lack of dividend withholding tax. Core Tax Advantages for Holding Companies Territorial Tax System: Hong Kong generally only taxes profits that arise in or are derived from Hong Kong. Profits earned from activities outside of Hong Kong may

ORSO Scheme Basic Requirements | Bestar ORSO Scheme Basic Requirements For schemes registered under the Occupational Retirement Schemes Ordinance (ORSO), the Mandatory Provident Fund Schemes Authority (MPFA) mandates several key governance and operational requirements to ensure the security and proper management of scheme assets: 1. Trusteeship Independence: For schemes governed by a trust, there must be at least one independent trustee. Restrictions: This independent trustee

ORSO schemes must be registered with or exempted by the Mandatory Provident Fund Schemes Authority (MPFA) ORSO Scheme Registration and Exemption | Bestar ORSO Scheme Registration and Exemption Under the Occupational Retirement Schemes Ordinance (ORSO), any employer operating an occupational retirement scheme in Hong Kong is legally required to apply to the Mandatory Provident Fund Schemes Authority (MPFA) for either a registration certificate or an exemption certificate. Oper

To establish an ORSO scheme, participation rules are governed by the specific scheme’s trust deed ORSO Scheme Participation Rules Governed | Bestar ORSO Scheme Participation Rules Governed For an Occupational Retirement Schemes Ordinance (ORSO) scheme, the trust deed and the accompanying scheme rules serve as the governing legal framework. These documents are the primary authority that dictates participation requirements, eligibility, contribution rates, vesting scales, and

a guide to the occupational retirement schemes ordinance Hong Kong ORSO Scheme Guide | Bestar Hong Kong ORSO Scheme Guide The Occupational Retirement Schemes Ordinance (ORSO) (Chapter 426) is the legislation governing voluntary, employer-sponsored retirement schemes in Hong Kong. Enacted in 1993, it predates the Mandatory Provident Fund (MPF) system and remains a key tool for corporations aiming to attract and retain talent through flexible, highly customizable retirement ben

EOR Employment Contract Bestar Issues to the Candidate EOR Employment Contract: Bestar Issues to the Candidate Here is a comprehensive draft for a localized Hong Kong Employment Contract issued by Bestar Consulting Limited to an Assigned Employee. This document is structured to strictly comply with the Hong Kong Employment Ordinance (Cap. 57) while aligning with the requirements of an EOR arrangement. EMPLOYMENT CONTRACT THIS EMPLOYMENT CONTRACT is made on this ______ day of

Master EOR Services Agreement Master EOR Services Agreement Here is a comprehensive draft for a Master Employer of Record (EOR) Services Agreement governed by Hong Kong law. This document is structured to protect while maintaining transparent, professional terms with your client. MASTER EMPLOYER OF RECORD (EOR) SERVICES AGREEMENT THIS AGREEMENT is made on this ______ day of ________________, 2026 (the "Effective Date"). BETWEEN: (1) BESTAR CONSULTING LIMITED, a company incorp

Bestar EOR Services Inquiry Response Bestar Hong Kong Reply EOR Services Inquiry Bestar Hong Kong Reply EOR Services Inquiry Here is a professional, comprehensive email reply from Bestar Hong Kong to a client inquiring about Employer of Record (EOR) services. Subject: Inquiry: Employer of Record (EOR) Services in Hong Kong – Bestar Consulting Dear Client, Thank you for reaching out to Bestar Consulting Limited regarding our Employer of Record (EOR) services in Hong Kong. We w

Cayman Islands Company Services by Bestar Seamless Cayman Islands Company Incorporation & Transfer-In with Bestar Hong Kong Expanding a business globally or optimizing a corporate structure requires a jurisdictions that offers robust asset protection, tax efficiency, and international prestige. The Cayman Islands remains the gold standard for offshore corporate structuring, investment funds, and tech startups. For businesses looking to establish a new footprint or transition

Hong Kong Profits Tax Filing Guide Filing for Profits Tax Return (BIR51, BIR52 & BIR54) | Bestar Filing for Profits Tax Return (BIR51, BIR52 & BIR54) The Inland Revenue Department (IRD) of Hong Kong classifies Profits Tax Returns into three main series based on the structure of the entity or the residency status of the taxpayer. Sleek The three forms, alongside critical filing rules, required supporting documentation, and the current electronic filing framework, are outline

Bestar Hong Kong Fund Administration Services Navigating Global Fund Compliance: Expert Fund Administration Services in Hong Kong | Bestar Navigating Global Fund Compliance: Expert Fund Administration Services in Hong Kong The global investment landscape is moving faster than ever. For fund managers, staying ahead doesn’t just mean chasing alpha—it means ensuring your operational backbone is flawless, transparent, and fully compliant. As a premier professional services hub, B