Waiver of Business Registration Fees for One Year (from 1 April 2020 to 31 March 2021)

The Financial Secretary proposed in his 2020-21 Budget to waive business registration fees for one year, starting from 1 April 2020.  By the proposal, the fees payable in respect of business registration certificates and branch registration certificates for the said period will be reduced by a sum of $2000 and $73 respectively.  Taking into the… Continue reading Waiver of Business Registration Fees for One Year (from 1 April 2020 to 31 March 2021)

Appointments of Liquidators of Stanbridge International Education Group (HK) Limited and Cambridge Asia Education Limited

CHENG Faat Ting Gary and CHOW Yiu Tai both of Gary Cheng CPA Limited have been appointed as the joint and several liquidators of Stanbridge International Education Group (HK) Limited (in Creditors’ Voluntary Liquidation) and Cambridge Asia Education Limited (in Creditors’ Voluntary Liquidation) (the “Companies”) by virtue of Ordinary Resolutions of the Companies passed at… Continue reading Appointments of Liquidators of Stanbridge International Education Group (HK) Limited and Cambridge Asia Education Limited

2018/19 Tax Concessions

Legislative Council is passaged the Inland Revenue(Amendment) (Tax Concessions) Bill 2019 on 6 November 2019. The new Ordinance gives effect to the tax concessions proposed by the Government in 2019, i.e. reducing salaries tax, tax under personal assessment and profits tax for the year of assessment 2018/19 by 100 per cent, subject to a ceiling of… Continue reading 2018/19 Tax Concessions

Squid Fishing 2019

We had a joyful night for squid fishing on 12 July 2019.Gary Cheng Group values our staff and cares about work-life balance. By organizing different staff events, we are dedicated bring our staff out from stress and have some fun together.In the event, apart from the squid fishing, our staff also enjoyed from the buffet… Continue reading Squid Fishing 2019