Regulatory Deferral Accounts – Hong Kong

On 30 January 2014, the International Accounting Standards Board (IASB) published IFRS 14 Regulatory Deferral Accounts. IFRS 14 is an interim standard, pending the outcome of the IASB’s more comprehensive Rate-regulated Activities project, which was re-opened in September 2012. In many countries, industry sectors (including utilities such as gas, electricity and water) are subject to […]

Increase in the Maximum Level of Relevant Income for Mandatory Provident Fund Contributions – Hong Kong

Following the amendment of the minimum level of monthly relevant income for Mandatory Provident Fund (MPF) contributions that took effect on 1 November 2013, there is an upcoming change in the MPF requirement.  With effect from 1 June 2014, employers and employees will need to contribute more than they do at present for MPF as the Mandatory Provident Fund […]

Major changes under the New Companies Ordinance, Chapter 622 effected on 3 March 2014 that are applicable to Hong Kong companies limited by guarantee without a share capital

The New Companies Ordinance has grouped the 2 types of companies limited by guarantee without a share capital available under the original Companies Ordinance, ie, private and non-private, as one category called companies limited by guarantee without a share capital and standardised the requirements. For easy reference, the original Companies Ordinance, Chapter 32 is referred below as […]

BDO Limited Hong Kong joins IR as the exclusive Business Advisory Services Member in Hong Kong.

International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Portia Tang of BDO Limited Hong Kong. Portia has joined IR as our exclusive Business Advisory Services member in Hong Kong. BDO Limited is the Hong Kong member firm of BDO International Limited, a global accountancy network with over 1,200 offices in more than 140 […]

Louise Barrington speaker at Helsinki International Arbitration Day 2014 (5 June 2014)

Ms Louise Barrington (Hong Kong, Canada and France) is a confirmed speaker at Helsinki International Arbitration Day 2014  Date: Thursday, 5 June 2014 Place: Savoy Theatre (Kasarmikatu 46-48, Helsinki, Finland) Time: 1:00 pm – 5:20 pm with cocktail reception to follow (Registration starts at 12 noon)   For further details please follow the link below.   […]