【Personal Finance】How Many Bank Accounts Should an Individual Have?
Many people are opening new bank accounts at different banks in order to chase higher interest rates.
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Local Entertainment and International Events: Seizing Hong Kong’s Advantages
Entertainment events such as concerts and boxing matches can stimulate surrounding activities, such as increasing employment opportunities and foot traffic for the food and hotel industry.
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【Must-Read for Shop Rental】Key Considerations for Location, Foot Traffic, and Facilities to Choose the Perfect Shop!
When it comes to running a business through shop rental, it’s crucial to carefully assess your options. Your budget will indirectly determine the size and scale of the shop. However, the location and area play a vital role in attracting foot traffic. Different industries have different target customer bases, so it’s important to consider your own business needs instead of simply following the crowd.
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How does the “wealth tax” affect you? If you are one of them, how should you deal with it?
The Hong Kong terms “emperor of working” refers to highly paid employees whose income surpasses that of many employers. One of the tax measures in the latest budget proposal is the implementation of a two-tier tax rate system for salaries and personal income tax starting from the 2024/25 tax year.
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Opening a bank account for a company can sometimes be a challenging process.
There is a common belief that it is difficult to open a bank account for business purposes, with many people experiencing lengthy and complicated procedures, and even instances of failed account openings.
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Tips for doing business in a Post-Pandemic Era
Businesses face difficulties in coping with the harsh economic winter. The number of citizens and tourists consuming goods and services in Hong Kong has decreased, and the government’s relief measures in response to the pandemic are no longer available. Additionally, tax incentives have been reduced. Surviving in business has always been more challenging than starting one, especially during an economic downturn.
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Legal Uses of Industrial Building Units: More About Industrial Building Deeds!
Recently, a restaurant in Kwun Tong’s industrial building was closed down for violating the land lease terms regarding its use. This has raised public concern about the permitted uses of industrial building units.
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POS Systems: Essential for the Food and Retail Industry, More Than Just Cash Registers!
A POS system, short for Point of Sale System, is a “retail management system” that combines software and hardware to assist businesses in their operations.
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4 Reasons to Establish a “Family Office”: Managing Money Matters While Making Money!
If you are running a business, a family office is relevant to you! Managing money matters is just as important as making money. Here are four reasons why:
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【Tax assessment for Couples】Qualified Annuity Premiums Tax Deductions Have “Blind Spots”
Since the 2019/20 fiscal year, the government has introduced arrangements for the tax deduction of “qualified annuity premiums,” making it one of the “best use of tax deductions.”
