Friday, 24 March 2017

Great news – Primasia Corporate Services Limited is now a Xero Bronze Partner




Great news – Primasia Corporate Services Limited is now a Xero Bronze Partner



Primasia is proud to announce that we are an official Xero Bronze Partner. We aim at making it easier for you to manage your business finances with Xero.


What is Xero ?
  • Xero is an easy to use but powerful online accounting software that's designed specifically for small business
  • Xero provides a view of financial information in real time
  • Xero has a full suite of accounting features such as invoicing, payables, expense claims, reporting and much more
No installation, no manual backups and maintenance, no additional software. All updates and new features are available to you when you next login. Privacy and security of your data is taken care of and is stored on Xero's secure servers.


With Xero, you can:
  • invite a number of trusted people such as ourselves to collaborate online and manage your accounts
  • check your bills, issue invoices, see all business data anytime whenever and wherever your connect to the internet
  • tailor-make financial reports  

What is Virtual CFO ?
  • Commentary & feedback on financial performance
  • Update income and expenditure projections and cashflow monitoring
  • Ongoing communication with management on financial performance and improvement opportunities
Virtual CFO is more than bookkeeping services.


What can we do for you?
As a Xero Bronze Partner we are able to offer a full range of services from monthly/ quarterly/yearly bookkeeping to Virtual CFO, our team can act as your outsourced financial function in Hong Kong.

We are offering free demonstrations and trials of Xero to our clients this month. For more information please call us and we’ll arrange a suitable time.

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Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
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Follow us on:
LinkedIn: Primasia
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Primasia Corporate Services Limited
Tel: +852 2882 2088


Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong




Thursday, 2 March 2017

The Primasia Carvery Evening 2017

Our Annual Carvery Event was held at the Foreign Correspondents’ Club (FCC) on 28th February. 

We had a fabulous evening with around 200 professionals attending from different industries. Hope to see you all next year




























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Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
--------------------------
Follow us on:
LinkedIn: Primasia
--------------------------
Primasia Corporate Services Limited
Tel: +852 2882 2088


Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong

Wednesday, 1 March 2017

The Primasia App is on the Apple Store

The Primasia App is on the Apple Store

We are pleased to announced that our app is available on the Apple Store. The app will soon be available on the Android market as well. Our app contains information and facts about Hong Kong and China business rules as well as our monthly newsletters in both text and audio versions.

We will keep on developing the app to make it better and better. Download our app and stay tuned for the latest news coming up!

Here is the sneak peek of our app:
When you click the "Navigation button", a list of content will be shown on the left hand side.
Primasia Xero Certifited advisor
Hong Kong company setup
China updates
Newsletters
Please feel free to let us know if you have any feedback on our app. We would love to hear from you.


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Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
--------------------------
Follow us on:
LinkedIn: Primasia
--------------------------
Primasia Corporate Services Limited
Tel: +852 2882 2088
Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong

Tuesday, 28 February 2017

China Updates- Tax

A quiet month in China, business and tax changewise.

Tax
Good news for teachers: the existing exemption from Individual Income Tax under Double Tax Agreements has been extended to a wider range of schools.



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Primasia will post the updates of Hong Kong and China from time to time. Follow us on our WebsiteBloggerLinkedIn and stay tunned for our updates!

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Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
--------------------------
Follow us on:
LinkedIn: Primasia
--------------------------
Primasia Corporate Services Limited
Tel: +852 2882 2088




Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong

Saturday, 25 February 2017

Hong Kong Updates- Budget

Budget


What should or could have been big news turned into the usual damp squib. Hong Kong’s surplus was once again grossly underestimated. (How hard can it be when, as announced in the budget speech, a tax policy unit is being set up to comprehensively examine Hong Kong’s narrow tax base?)

Personal income tax remains at 15%, and corporate tax remains at 16.5%. Key allowances (personal, married person’s, etc.) remain unchanged.

The new Financial Secretary, like his predecessor, decided in the name of prudence to avoid doing virtually anything with the huge surplus which Hong Kong enjoys year after year. Save, of course, for the now standard populist - or is it condescending? -  practice of giving one-off moderate tax rebates.



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Primasia will post the updates of Hong Kong and China from time to time. Follow us on our WebsiteBloggerLinkedIn and stay tunned for our updates!

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Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
--------------------------
Follow us on:
LinkedIn: Primasia
--------------------------
Primasia Corporate Services Limited
Tel: +852 2882 2088




Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong

Thursday, 19 January 2017

China Updates- New Foreign Investment Guidelines

New Foreign Investment Guidelines
A new circular on “Expanding the Opening to and Active Use of Foreign Investment” was issued on January 17th, 2017. The Guidelines are a high level set of guiding, strategic, principles to indicate its policy towards foreign investment in the medium term. Key points are:

Liberalisation of financial and accounting sectors, certain manufacturing sectors, and alternative extraction methods for traditional energy sources (e.g. shale).

As with other recent administrative changes in China, an approval system will be replaced by a record-filing system, but this will be for Sino-foreign ventures only, and in the old and gas sector only, presumably on the basis that these areas are under close state control anyway.

Most of the changes announced on January 17th are already included in the latest draft of the revised Foreign Investment Industry Catalogue.

It is also stated that China will open up in an "orderly” manner previously sensitive areas such as telecommunications, education, internet, culture industry, transportation.

Preference will be extended to foreign-invested enterprises supporting the "Made in China 2025" strategy. As one would expect, the sectors to be especially favoured are high-tech, green, logistics and other sectors which China has been trending towards in its policy tilts over recent years. Infrastructure and R&D are also favoured.




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Primasia will post the updates of Hong Kong and China from time to time. Follow us on our WebsiteBloggerLinkedIn and stay tunned for our updates!

===================================================================

Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
--------------------------
Follow us on:
LinkedIn: Primasia
--------------------------
Primasia Corporate Services Limited
Tel: +852 2882 2088




Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong



Tuesday, 17 January 2017

Expand your business to China

Want to expand your business to China? We have decades of experience in assisting our clients set up business entities in China. Contact us today!






*Primasia will post the updates of Hong Kong and China from time to time. Follow us on our WebsiteBloggerLinkedIn and stay tunned for our updates!

===================================================================

Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
--------------------------
Follow us on:
LinkedIn: Primasia
--------------------------
Primasia Corporate Services Limited
Tel: +852 2882 2088


Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong