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Knowledge Base

Practical articles on company formation, accounting, company secretarial services, tax filing and SME operations in Hong Kong, to help you quickly get to grips with business information and practice.

What is the difference between long service payment and severance payment? How does the 2025 abolition of MPF offsetting affect them? A must-read for employees and employers

Updated 1 November 2026

[2026 Update] Long Service Payment vs Severance Payment: How to Calculate Them After the MPF Offsetting Abolition, with Examples

The “hedging” arrangement for the provident fund has been canceled on May 1, 2025. Currently (2026), when employees are dismissed or leave the company, they can qualify for […]

What is a company secretary? Definition, duties and eligibility to act explained

Updated 1 November 2026

What is a company secretary? Duties, eligibility and whether you can do it yourself, all in one read

If you plan to set up a company, you will certainly find that setting up a Hong Kong limited company requires appointing a company secretary. The role sounds no different from an ordinary secretary, so what does a company secretary actually do? How do the duties differ from those of a general secretary? This article tells you about the relationship between a company secretary and the company, their duties, and how to find a suitable company secretarial firm.

How to choose a Hong Kong company formation service without getting burned?

Updated 1 November 2026

Choosing a Hong Kong company formation service: a full comparison of company formation, secretarial services and bank account opening

The quality of Hong Kong company formation services varies widely; the key lies in three things: scope of service, fee transparency and licensing status. SetupHK offers a one-stop solution, from company registration to day-to-day compliance, all in one place […]

The mountain peak cable car and the view of the Victoria Harbour: Title: 2027 Labor Holiday, 15 Statutory Holidays in 2027

Updated 1 November 2026

Hong Kong public holidays 2027 and statutory holidays (with 2026 list)

This page summarizes the daily dates and weeks of Hong Kong’s labor holidays (legal holidays) and public holidays for 2027 and 2026, and explains the differences between them and the laws regarding them.

Complete guide to the Business Registration Certificate (BR): eligibility, documents, steps, renewal and FAQs

Updated 1 November 2026

5-minute guide to applying for a business registration certificate: required documents, online application guide and FAQs on changing your address

You can apply for a Business Registration Certificate (BR) online or on paper. Online applications can receive an electronic BR in as little as 2 working days; in-person paper applications take about half an hour to collect […]

[Minimum wage] What is the statutory hourly / monthly minimum wage in Hong Kong? Who the Minimum Wage Ordinance applies to and how it is calculated

Updated 1 November 2026

What is the minimum wage? Hong Kong statutory hourly rate, who is covered and how to calculate monthly pay

The Minimum Wage Ordinance requires employers to keep a record of the total hours worked by an employee in the wage period, so how is the minimum wage calculated? This article will tell you about the statutory minimum wage […]

Hong Kong company formation: one-stop or separate providers?

Updated 2026-10-17

Is one-stop company formation worth it? Costs, risks and hidden costs compared

A one-stop company formation service offers transparent fees, a fast process and clear responsibilities; handling things separately is more flexible, but the coordination costs and hidden risks are often underestimated. For first-time entrepreneurs, […]

Hong Kong company formation quick guide: steps to set up a Hong Kong company

Updated 2026-10-17

Hong Kong company formation quick guide: the process, costs, timing and FAQs at a glance

Forming a limited company in Hong Kong can be completed in as little as one working day, with government fees from about HK$3,895 (electronic application). The whole process involves company name search […]

[Provisional tax] What is provisional tax? How to apply to defer payment and how it is calculated, at a glance

Updated 29 May 2026

Provisional salaries tax 2026: calculation, holdover conditions and application deadline, a complete guide

Provisional tax is the IRD's estimate of next year's tax based on the previous year's income, and the government's one-off reduction does not apply to provisional tax. If your income is expected to fall by more than 10% next year, or you have new […]

[Tax filing guide for the self-employed] How do casual workers, part-timers and freelancers file tax? A complete guide to tax for the self-employed

Updated 29 May 2026

2026 self-employed tax filing guide: how do casual workers, part-timers and freelancers file? A complete guide to self-employed tax filing

Self-employed individuals file salaries tax or profits tax depending on whether they have an employment contract; those with both file for both. Business-related expenses and mandatory MPF contributions (capped at HK$ […]

Married person’s allowance

Updated 29 May 2026

Married person's allowance 2026: joint vs separate assessment and claim conditions

The 2025/26 married person's allowance is HK$264,000, rising to HK$290,000 from 2026/27, in line with the basic allowance […]

Dependent parent allowance

Updated 29 May 2026

Dependent parent allowance 2026: claim conditions, living together rules and how to share the allowance

You can claim an allowance for supporting parents or grandparents aged 55 or above who ordinarily reside in Hong Kong. For 2025/26, the maximum per person is HK$100 […]

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