About BBCIncorp

Dear valued customers and partners, Time truly flies! The 2025 Lunar New Year is fast approaching, bringing with it a fresh start and renewed energy. This year, we welcome the Snake, a symbol of wisdom, resilience, and transformation. The Snake encourages us to shed old layers and embrace new opportunities with grace and patience. It’s…

Wishing you a Merry Christmas, Happy New Year & success in 2025! Explore our 2024 highlights recap and important details about our office closure.

BBCIncorp wins the Outstanding Partner Award 2024 from Airwallex, recognizing exceptional collaboration and innovative corporate solutions in Hong Kong and Singapore.

Read about the legal requirements for business recordkeeping in Hong Kong, penalties for non-compliance, and best practices to ensure smooth operations.

Learn what makes up a balance sheet, why it matters, and how it empowers your Hong Kong business. Entrepreneurs, here’s your guide to financial clarity.

Learn actionable strategies to prepare and manage cash flow statements tailored for Hong Kong entrepreneurs. Unlock the key to growth today.

Explore how to navigate international tax obligations to ensure compliance, optimize financial strategies, and support global business growth.

Unlock Asian market potential with BBCIncorp’s e-commerce report. Discover insights, strategies, and download the full report online for expansion success.

Expand your business globally with 5 strategic factors for successful market entry and sustainable growth. Contact us for expert guidance.

International expansion requires these pointers. Discover 10 essential steps to success and practical tips to grow your business across borders with confidence.

International expansion is essential for business success. Discover why it matters, explore potential markets, and learn the right strategies for sustainable growth.

Explore the benefits, challenges, and key factors to consider when establishing a subsidiary in a foreign market. Read the article to determine whether it is the right strategy for your business.

Optimize U.S. market entry for Asia-Pacific businesses with product and pricing strategies. Drive growth through data analytics and innovative approaches.

Explore key U.S. regulatory requirements for Asian businesses, including tax laws, registration, and compliance essentials for ease of expansion into the market.

Discover BBCIncorp’s revamped Client Portal, designed for enhanced productivity with a user-centric interface and continuous innovation for effective business management.

Navigate Amazon’s marketplace confidently with strategic planning, optimized product listings, and smart pricing strategies for long-term success.

Key strategies for Asia-Pacific brands to capture the promising U.S. market by understanding American consumer behavior. Read more.

Explore strategies for Asia-Pacific companies to build a strong brand presence in the U.S., including cultural adaptation, digital marketing, and entity formation.

Discover a 5-step plan to expand your Asian business in the U.S., featuring Amazon’s role as a top platform for seamless market entry. Read more now.

Discover our redesigned Client Portal with modern design, enhanced navigation, and a comprehensive Help Center to streamline and boost your productivity.

Discover how e-commerce businesses can streamline logistics for cost-effective and timely deliveries while enhancing customer experience and gaining a competitive edge.

BBCIncorp empowered Vietnamese enterprises to explore potential and expand global, highlighting global success and showcasing innovative solutions.

Explore Hong Kong’s pivotal role in global trade through the Belt and Road Initiative. Discover strategies to leverage its strategic advantages for business growth.

Explore BBCIncorp’s role at VIBE 2024, offering innovative e-commerce solutions and global market expansion strategies for Vietnamese businesses.

Understand key compliance tips for e-commerce expansion in Singapore and Hong Kong, from data protection to tax reporting. Helpful solutions are included.

BBCIncorp extends our warmest greetings to our esteemed clients and partners this Mid-Autumn Festival. May your celebrations be filled with joy, prosperity, and unity.

Explore key insights for e-commerce compliance in the Asia-Pacific region, including regulatory understanding, best strategies and practices to ensure compliance.

BBCIncorp participated in the UOB Gateway to ASEAN Conference 2024, focusing on growth opportunities in ASEAN through innovation, sustainability, and investment strategies.

Join BBCIncorp at Voyage Ho Chi Minh City by WorldFirst on September 10, 2024, to gain insights into global trade and connect with industry leaders.

BBCIncorp participated in the Forbes Business Forum 2024, where we connected with business leaders, fostering dialogue on innovation and business growth opportunities.

Discover the definition, key strategies, and best practices for strong corporate governance in Hong Kong. Read more to stay compliant with local laws easily

Optimize compliance and record-keeping with a Digital Document Management System. Enjoy seamless access, automation, and e-signatures through BBCIncorp Client Portal today.

Explore how digital solutions are transforming the bank account opening process for small businesses and entrepreneurs, and learn how to improve your financial management.

BBCIncorp will join global leaders at Forbes Business Forum 2024 in Vietnam to discuss trends, innovations, and strategies for business growth. Join us at this influential event on Aug 22, 2024.

Discover how digital solutions can simplify tax compliance, reduce errors, and save time for businesses. Streamline your tax processes with the latest tools and expert guidance.

Discover how digital solutions can simplify your business renewal and updates today! Stay ahead in the ever-changing business landscape.

BBCIncorp’s new solutions for startups featured on leading news portal. Learn how we simplify business setup in financial hubs like Singapore and Hong Kong.

Explore how digital transformation streamlines global company incorporation, enhancing accuracy, compliance, and efficiency while saving time and resources. Read more.

Master company management with this comprehensive guide to effective maintenance and compliance. Learn the strategies now!

Explore how digital tools are revolutionizing compliance in bookkeeping and accounting. Discover automation, streamlined management, and more insights for business success!

Discover how automation tools streamline administrative tasks, enhance compliance, and drive efficiency, Automate your processes and unlock your business’s full potential!

Explore the complexities of digital payments in Asia. Discover how businesses can turn challenges into opportunities with strategic insight and adaptability.

Discover how emerging technologies like AI, AR, and voice commerce are transforming e-commerce, customer experiences, and driving business growth in a digital-first world.

Explore strategies to maintain cultural identity while expanding globally. Learn effective methods from global brands to ensure your heritage thrives internationally.

Expanding your business globally requires these considerations. Learn key strategies for utilizing cultural differences, legal requirements, and logistics to achieve success now.

Global enterprises in Asia can enhance reputation and sustainability with key areas of effective governance and ethical practices. Learn key strategies here.

Discover how smart cities in Asia are driving digital transformation and creating opportunities for business innovation and sustainable growth.

Explore major fintech innovations and trends that are transforming business operations in Asia, and learn how to embrace them to stay ahead of the competition.

Discover how Vietnamese businesses implement cloud computing to gain a competitive edge in Asia. Explore their innovative strategies and success stories now.

Innovative trends like AI, cloud computing, and fintech are empowering startups in Asia to thrive in the modern business landscape. Explore in detail now!

Thriving Asian startups are utilizing these 4 innovative strategies to attract global investment. Find out how your startup can gain a competitive advantage in the global market.

Accounting errors in Hong Kong can be extremely fatal. Boost your Hong Kong SME’s resilience with insights into avoiding common mistakes with us today!

With the new feature updated, you can easily manage your Annual Renewals directly within the platform, streamlining the process and saving you time.

TCSP Licenses are mandatory for Trust and Company Service Providers in Hong Kong. Who must hold this license and how to apply for your license? Read all in our article!

Launch your Hong Kong business with an Airwallex global banking account through BBCIncorp and enjoy a $260 rebate. All essential corporate services included and more!

Discover how to optimize currency exchange in Hong Kong with practical tips and insights in this comprehensive guide. Equip yourself with the knowledge now!

Establishing your virtual office in Hong Kong is the best way to save on physical location costs. Find out why this is the best option for you and what to consider.

A Hong Kong ID or Identity Card is a must for individuals planning to stay in the city for more than 180 days. Here’s how you can obtain yours with ease.

Thinking about launching your freelancer career in Hong Kong? Dive into these essential tips for achieving both wealth and work-life balance.

Electronic signature is a crucial tool for Hong Kong businesses to streamline operations with full legal validity. Discover how to obtain your e-signature today.

Hong Kong Business Registration renewal is a strict requirement for enterprises here. Explore how to renew your registration and stay compliant with ease.

Proof of address in Hong Kong is a vital document to verify your residence, required in both personal and business life. Find out what is acceptable and what’s not.

Knowing which Hong Kong Standard Industrial Classification Code your business belongs to is crucial for operating legally in HK. Read now.

Discover the cost of living in Hong Kong, covering housing, transportation, utilities, and tips for financial management amidst the vibrant city life.

Key points of Hong Kong Budget 2024/25, from profit tax incentives and property measures to support initiatives for residents. Explore now!

Unclear about the property tax Hong Kong? Then here is the guide you can’t ignore to get a clear dive into the matter. Start your journey now.

Find out what SME funding programs your business can benefit from and how the Hong Kong government nurtures such a robust environment for success.

Looking to create a positive impact in Hong Kong? It’s crucial to thoroughly know how the non profit organization operates there. Find out now.

How to get a Hong Kong driving license and start traveling in this robust city? Read more for eligibility criteria and instructions on the process.

Discover the essentials of stamp duty in Hong Kong, including its key principles, main types, and payment methods. Ensure compliance with our comprehensive guide.

Grasp the essentials of the Hong Kong personal tax return: eligibility, forms, rates, deadlines, and how to complete online tax filing on your own.

Hong Kong is a city of boundless opportunities with a blend of rich culture and modern lifestyle, Ready for an expat adventure? Explore our guide now!

Discover the profit tax Hong Kong, learn how to calculate your tax liability, file your tax return, and obtain tax exemption with our comprehensive guide on Hong Kong profit tax.

Explore the trust company in Hong Kong through its benefits, eligibility criteria, and registration process in our article.

In Hong Kong, the Special Purpose Vehicle (SPV) is a powerful entity formed by businesses to safeguard vital assets and hold investments efficiently. Explore this model now.

The issue of shares and allotment of shares in Hong Kong are critical processes for increasing your company’s share capital. Read more to understand.

Understanding the Hong Kong salary tax can help expats more in control of their income and financial planning. Read our article to find out more.

Payroll outsourcing is a popular option for Hong Kong businesses to alleviate the hassles. See how this decision benefits your company today.

Hong Kong unveils Inland Revenue (Amendment) Bill 2023, offering tax certainty for investors. Learn about key provisions and eligibility criteria.

Hong Kong’s annual return is a crucial legal obligation for businesses to stay comply with the region law. Discover more key insights here.

Understanding the process of appointment and resignation of directors in Hong Kong is essential for maintaining effective corporate governance and smooth operation. Read more.

To safeguard your intellectual property when doing business in Hong Kong, yours need to have a deep knowledge of the IP law. All can be found here.

Filing the employer’s return annually to the IRD is a mandatory requirement for Hong Kong businesses. Read more to learn about the process and important takeaways.

Here’s a quick overview of the evolving business landscape in Hong Kong through our infographic article. Updated tax regulations, supporting incentives, the UBI implementation, and more.

To launch a restaurant business in Hong Kong, securing the appropriate license is a must. Find out which license best fits your business needs here.

Celebrate the season with BBCIncorp! Join us in reflecting a remarkable year and embrace the joy of Christmas and the hope of a New Year in our warm holiday message.

The power of attorney in Hong Kong is a legal document that enables an individual or company to act on behalf of another. Learn how crucial this document is to your business.

In essential cases, how can you adjust your registered Hong Kong company address? Can you change your business address online in Hong Kong? Let’s find out through our article.

Obtaining an SFC license in Hong Kong is a critical requirement for conducting regulated financial activities. Discover all you need to know here.

We are thrilled to introduce two remarkable additions to our Client Portal that are poised to transform how you interact with us: the Company Dashboard and Additional Services. These new features are a direct reflection of our steadfast commitment—to simplify and streamline the company incorporation and management process, all while providing you with the flexibility…

Discover BBCIncorp’s latest achievement at the Dun & Bradstreet Business Eminence Awards Singapore and the OCBC Valued Partner Award for 2022/2023.

A Hong Kong company’s share capital represents the total amount invested via the issuance of shares or stocks. Find out why share capital is vital by reading more now.

What’s a Certified True Copy in Hong Kong? Why do you need one for banking, property, loans & legal matters? Read our article for insights on staying compliant.

Read about the implementation of the Unique Business Identifier (UBI) second phase across various entities under the administration of the Registrar of Companies.

Discover essential insights about MPF contributions for both employers and employees to ensure compliance with Hong Kong’s regulations. Learn more here.

A limited partnership in Hong Kong can likely be the ideal business structure if you’re aiming for limited liability and partnering with other reputable entities. Read more now.

Understanding the Employment Ordinance is crucial for one planning to enter the employment relationship. Discover all the vital information here.

The Certificate of Resident Status is crucial for legal compliance, especially if you are a non-resident aiming to conduct business and stay in Hong Kong. Read all about it in our article.

Understanding Hong Kong’s work visa requirements is essential for a smooth application process. Discover the needed info for your application right here.

The Certificate of Good Standing, or Certificate of Continuing Registration, in Hong Kong, means that your company is legally incorporated and currently in good compliance. See more.

Navigating the Hong Kong permanent residency application can be challenging without proper information. Find all the crucial details you need right here.

A Certificate of Incorporation is a legal document that officially acknowledges your Hong Kong company’s existence. Find out more about the certificate and how to obtain it in our article.

Articles of Association are mandatory for establishing a Hong Kong business. Read more about what this document includes and how to stay compliant in our article.

Understanding the dependent visa is crucial for one wanting to relocate to Hong Kong along with their sponsor to ensure a smooth transition. Explore here.

Understanding crucial information about employment contracts in Hong Kong for legal compliance and healthy employee relations. Learn more here.

Employee compensation in Hong Kong is the amount an employee can claim for work-related injuries or illnesses. What should the employer do in such cases? Let’s find out!

In Hong Kong, are there any special requirements for the termination of contract? How can you, as an employer, end an employment contract safely? Read more to find out!

Knowing about the Hong Kong public holidays helps expats understand more about the culture and their working rights. Read on to find out more.

Accounting firms in Hong Kong are not something new. But to stay compliant with regulations in this port city, this is a topic you should not ignore.

Dear Valued Customers, We would like to inform you that BBCIncorp will be making a price adjustment to the company formation service and other corporate services in several countries, effective from April 1, 2023. The decision to adjust pricing has been made after careful consideration of various factors, including operational costs and changes in government…

Looking to open an offshore company in Hong Kong? Learn about the benefits, requirements, and steps involved in this comprehensive guide. Start your business today!

Many interesting policies for businesses are promised in the Hong Kong Budget for 2023–24. Let’s highlight these benefits!

Best wishes and a short announcement for the Lunar New Year 2023 to all valued customers and partners!

Let’s take a look back at the most significant business events in Hong Kong for 2022 and anticipate an even brighter 2023 ahead!

Have yourself a merry little Christmas and a great start to the New Year 2023, from all of us at BBCIncorp!

Crucial information on the new Hong Kong Profit Tax Policies regarding foreign-sourced income tax for MNE entities. Read now!

Overview of Hong Kong New Inspection Regime The Companies Ordinance (Cap. 622) (“CO”), legislation governing the incorporation and operation of companies in Hong Kong, has recently implemented a new inspection regime. The objective of this regime is to enhance security for the directors’ and other relevant person’s information. Three phases to the New Inspection Regime’s…

On the 15th of each lunar calendar month, the moon is at its roundest and brightest which is symbolizing togetherness and reunion. Though time passes away, the ancient beauty of the moon is still gorgeous in any context, and Kowloon – the capital of festivities dotted with lights is now stunning. During the exciting atmosphere…

BBCIncorp is glad to announce our partnership with Instarem, one of the industry’s leading international payment firms. Check out our offer and stay tuned for further partnership updates!

By enacting economic stimulation policies like decreasing the levy on business registration, Hong Kong hopes to attract potential investors to the country.

Looking to get your company audited? Here’s everything you need to know about audit requirements, benefits, and types of audits.

This guide will teach you everything you need to register a Hong Kong holding company and how it benefits your investment portfolio.

BBCIncorp is excited to announce the release of our new website. Be the first to experience it!

If you’re running your business as an individual, incorporating it as a sole proprietorship in Hong Kong might be the best option. Let’s discover more!

Ensure your company will run smoothly and comply with the law by understanding Hong Kong directors’ duties and responsibilities in a Hong Kong company.

As your company grows and new investors come on board, the transfer of shares will become a common event. Let’s discover the various aspects of share transfer in Hong Kong and prepare yourself for the process.

 Company chop or company seal, which one do you need to validate your company’s legal documents? Let’s find out through this article.

If you are a shareholder in a Hong Kong company or are thinking of becoming one, make sure you seek legal advice for understanding your rights and duties.

In this post, we’ll look at how dividends are paid in Hong Kong, as well as some of the things you should consider about dividend payment.

An annual general meeting in Hong Kong is when directors or shareholders must gather yearly to review the company’s financial report, business situation, or strategy. Read now!

A nominee director is a common practice in Hong Kong, which can help you conceal your identity, protect yourself from the public gaze, and bring certain tax advantages for your business. Discover more in detail now!

Despite free ports, trading in Hong Kong, or importing in particular, can cost you a pretty penny if you don’t import the right way. Customs fees are deemed to be the most popular cost when it comes to buying goods overseas. Still, it only accounts for a small portion of your total importing costs. Without…

Trading in Hong Kong requires you to effectively manage logistics & accounting to keep the business running smoothly & profitably. Read this article to start

Trade in Hong Kong is typically free of excise duties, and tariffs and enjoys a competitive tax regime. Learn more about common taxes on trading in Hong Kong.

Profits Tax Return [BIR51, BIR52, & BIR54] Keynotes for 2021/22 included tax concession for eligible carried interest and engagement of service provider to furnish tax return. Find out more!

You are planning to start trading in Hong Kong. You can’t miss these useful tips before launching your trading business to increase your chances of success.

Top 3 banks you should consider when setting up your Hong Kong trade company are Citibank, HSBC, DBS. Still, banks are not your only option. Discover now!

You are fascinated by the Hong Kong trade landscape. Let’s get started with this guide on how to start a Hong Kong trade company in just a few easy steps.

Hong Kong offshore companies are great structures for international trade due to its numerous benefits. Let’s get into detail with our article!

A business registration certificate is an important document that proves your business is registered and legally operating in Hong Kong. Learn more about how to obtain it in this article.

Almost all types of businesses must get business registration number in Hong Kong to pay taxes and fulfill relevant administrative tasks. Let’s find out more.

Hong Kong budget 2022/23 unveiled efforts to mitigate COVID-19 impacts on businesses and citizens. Tax breaks, e-vouchers and financial aids are key measures.

Trading in Hong Kong can be a prime gateway towards trading for new businesses. Read on for an in-depth guide on Hong Kong trading.

Now that 2021 is already behind us, the stars are looking to realign themselves for a new and hopefully brighter astrological horizon.  In the Year of the Tiger, BBCIncorp would like to wish all our valued patrons and partners – with a Tiger’s ferocity and grit – to achieve their vaulting ambitions and soar to…

Happy Holiday Season from our team at BBCIncorp! We wish you a Merry Christmas and a New Year be filled with great joy, happiness, and success.

Your company and report compliance go hand in hand. Let’s dive into some useful concepts that help you produce perfect Hong Kong company financial statements.

Having a sourcing agent in Asia is critical to establishing a link to the region’s suppliers. Watch our article to get briefed on the basics.

Let’s find out some most common difficulties of running an eCommerce business in Hong Kong and useful tips to overcome them with BBCIncorp.

BBCIncorp has been taking initiatives to ensure that our product offerings and services coincide with international AML guidelines.

Kickstart your journey to the world of dropshipping in Hong Kong using our comprehensive guide. Discover detailed steps for success (2024 update).

Wondering what financial service to choose for your eCommerce business in Hong Kong? Explore our top 6 recommended financial service options!

Hong Kong’s eCommerce ecosystem is growing with no sign of slowing down. Let’s explore opportunities for eCommerce companies in Hong Kong.

Hong Kong is planning to alter and implement new taxation measures in response to the inclusion of this jurisdiction in the EU’s grey list.

We make this notice to inform all of our clients that BBCIncorp has been made a target of malicious spoofing attacks.

Check out our infographic capturing Hong Kong’s economic recovery post-Covid-19 outbreak and the top five business trends to rise in 2021.

BBCIncorp has just received the honor award “OCBC Valued Partner Award” for the 6th time. Learn more about the partnership between BBCIncorp and OCBC!

Forming a business in Hong Kong on your own is never an easy task. But with a trusted service provider namely BBCIncorp and an efficient financial solution like Neat, your business is in good hands.

On Wednesday, 24 February 2021, Financial Secretary Paul Chan Mo-po released the Hong Kong budget initiatives for the fiscal year 2021/22.

BBCIncorp’s Client Portal is a totally new and easy-to-use online portal to help you streamline your company management with great experience.

Lunar New Year is just around the corner. BBCIncorp would like to take this exciting opportunity to express our gratitude to all of our valued partners and customers

How to start an eCommerce business in Hong Kong? This blog gives you insights into what to consider and key steps for setting up a Hong Kong eCommerce company.

Hong Kong is a prospective and bustling market for most online business owners. So why is Hong Kong an ideal location for an eCommerce business? Find out with us!

Looking for an entity type in Hong Kong that is best suited for SMEs? With numerous benefits, Hong Kong private limited company remains the top choice of investors.

Season Greetings from BBCIncorp to our valued customers and partners. Thank you for a wonderful year!

Hong Kong accounting standards are applicable to any financial statements of Hong Kong companies. BBCIncorp will be informing you with essential standards and accounting requirements.

Opening traditional bank accounts in Hong Kong causes hassle for business owners, then alternatives to bank accounts promise to be a solution for yours.

Here is the guide to doing business in Hong Kong for foreigners! The blog covers all you need to know about the benefits of forming a business in Hong Kong and how to start.

Wonder how to determine the financial year end in Hong Kong? In this article, we will shed light on everything about Hong Kong financial year. Learn more with us!

Hong Kong transfer pricing legislation requires all relevant companies to file transfer pricing documentation. Below are the 10 most frequently asked questions about this topic!

Several tools are available to help you check your Hong Kong company status and what licenses are needed before registering. Check out this detailed guide to those useful tools!

Beyond Hong Kong tax haven, the only impression many people still have of this city, there are more of Hong Kong that you should know for your enterprise’s well-being. Find out now.

Check it out! Below infographic helps you to capture Hong Kong situations and update top five business trends to be worth expected in a post Covid-19 outbreak

Hong Kong banks may reject your application for opening a bank account due to 3 main reasons. Learn more with Sheryl, our Relationship Manager from BBCIncorp!

Which is the best bank in Hong Kong for expats? Let BBCIncorp help you find out the answer with top 4 banks: DBS, HSBC, Standard Chartered and Citibank.

A Hong Kong company may be wound up by either voluntary or compulsory winding up by the court. Below guide clarifies the procedure for winding up Hong Kong companies through these two types.

A Hong Kong private limited company must comply with annual compliance and filing requirements prescribed by relevant laws to maintain its good standing. Go through the fundamental information on these requirements now!

This article helps you understand Hong Kong’s tax system by providing clear explanations of the four basic taxes and applicable tax rates.

Setting up a business in Hong Kong yields many advantages such as a pro-business environment, attractive tax regime, strategic location and much more.

A general guide including steps and key notes for entrepreneurs who wish to know how to set up a company in Hong Kong.

When going to set up a business in Hong Kong, there are different types of entities you may want to consider i.e. private limited, public company, sole proprietorship, partnership,…

Hong Kong adopted a territorial tax regime, under which foreign-sourced income is exempted from tax. You can find helpful tips for applying offshore tax claim in this post.

How to open a bank account in Hong Kong from overseas – Here BBCIncorp Limited will provide you with everything you need to know about this process!

Company name is a prerequisite for any company registration in Hong Kong. Below are some certain requirements for a Hong Kong company name registration to get approval.

Find out differences among branch office, representative office and subsidiary company and choose the best suited registration option for your foreign company!

Hong Kong banking system has a three-tier system including licensed banks, restricted license banks, and deposit-taking companies. Read more to understand their features!

DBS Hong Kong now caters the need of business owners who cannot afford a trip to Hong Kong for registering a business account by way of temporarily suspending requirement to visit Hong Kong.

Hong Kong representative offices mainly set up for promotion and liaison office purposes. It has no legal status and is not allowed to engage in profit-generating activities.

Are you a foreign and looking for a branch office presence in Hong Kong market? Read this blog to learn a detailed guide to Hong Kong branch office from A to Z.

Companies Ordinance requires most HK companies to appoint company secretary before registration. What is company secretary in Hong Kong? What are its requirements? Find out!

IRD announced on the automatic three-month extension for the payment deadline of Salaries Tax, Tax under Personal Assessment and Profits Tax for the YOA 2018/19

BBCIncorp Limited was honored to announce its award “OCBC Valued Partner Award 2019/2020”. It is highlighted that this has been the 5th year that BBCIncorp received this honor.

Thanks to its simplicity and inexpensiveness, company deregistration in Hong Kong is a very popular option. Let’s find out!

Due to the severe impact of the coronavirus pandemic (COVID-19), BBCIncorp Limited regrets to announce the temporary suspension of delivery services by courier companies

There are several types of business that requires companies in Hong Kong to apply for business licenses and permits before legally operating. Find out what they are!

Hong Kong Significant Controllers Register (SCR) is a requirement critical even in 2023. This blog will tell you the ins and outs of this SCR regime. Find out more!

Trademark is a valuable asset to any business. Let’s learn what it is, why should register and how to apply for a trademark registration in Hong Kong.

Financial Secretary Paul Chan Mo-po delivered Hong Kong budget plan for the year 2020/21, which highlights Hong Kong current economy, and a set of proposals for taxation measures.

During coronavirus Covid-19 outbreak, OCBC is a good choice to ensure your safety while achieving your goals to open a Hong Kong company and bank account remotely

Lunar New Year is around the corner. BBCIncorp Limited would like to send our best wishes and inform our holiday notice to all partners and customers!

Are taxes arisen from cross-border investments a big headache for your business? Let’s find out double taxation agreements for Hong Kong businesses!

Since Christmas is coming to town, we would like take this occasion to express our dearest appreciation to you. Thank you for trusting and choosing us, BBCIncorp, as your business partner as well as your service provider.

You care about what a withholding tax in Hong Kong is, who need to pay this, and how to reduce it? Keep reading this article and then find out the answer.

In Hong Kong, the Quality Migrant Admission Scheme is tailored for proficient individuals with outstanding achievements to work and live in the country.

If stashing away as much money as you possibly can is your sole purpose of moving to Hong Kong, an investment visa would be your must-have vehicle.

An Employment Visa is a must if you intend to relocate to Hong Kong to live and work, bring along your family members, or become a resident in due course.

Key features of a Hong Kong dormant company will be explained in this topic to help you stay aware of and keep your business compliant with local law.

A complete website face-lift is our key objective as it represents a step forward from the outmoded page to a better designed and more engaging one, all for better user experience.

The OCBC Valued Partner Award was formally conferred on BBCIncorp, an up-and-coming advisory firm located in Hongkong, for the 4th consecutive year, from 2015 to 2019

As Lunar New Year is coming, we would like to give many thanks to you for trust, and kind support during 2018. We are so grateful to have you with us and looking forward to serve you in the future.

A Taxpayer Identification Number (TIN) is a unique number assigned by the IRS to individuals and businesses for tax reporting purposes. It is essential to ensure that tax obligations are accurately tracked, particularly when starting a business, filing tax returns, or managing employee payroll. Knowing how to get a tax ID is important for both entrepreneurs…

Recognizing and properly accounting for deferred revenue is essential for maintaining financial accuracy and ensuring regulatory compliance. This accounting concept plays a vital role in revenue recognition, especially for businesses that receive payments in advance for products or services yet to be delivered. Misunderstanding deferred revenue can lead to misstated financial statements, tax complications, and operational…

Unearned revenue represents payments received by a business for goods or services not yet delivered. Though the cash is in hand, the earning process is incomplete. For both businesses and investors, understanding unearned revenues is crucial. These amounts directly impact financial statements, affecting how profitability and financial health are assessed. In accounting and finance, unearned revenues…

Managing taxes as a business owner can feel overwhelming, especially with terms like TIN and EIN commonly mentioned. At first glance, these terms might seem to be the same, but they have distinct meanings. A TIN (Taxpayer Identification Number) is a broad term used by the IRS to identify individuals and entities for tax purposes….

Are you looking for a smart way to safeguard your investments and streamline financial management? These days, an increasing number of investors, from those focused on real estate to those active in the stock market and beyond, are choosing the Limited Liability Company (LLC) for its inherent flexibility and liability protection. So, the fundamental question…

Laying the legal groundwork for your business is a pivotal first step. The Limited Liability Company (LLC) is a well-established structure providing valuable liability protection and operational flexibility for many ventures. However, licensed professionals, including doctors, lawyers, and architects, face another option: the Professional Limited Liability Company (PLLC). While the acronyms appear similar, the distinctions…

Many business owners consider selling their business when they feel ready to move on to new opportunities such as exploring new ventures or industries. Moreover selling may also be a way to join forces with a larger organization, gaining access to greater resources and market reach. In some cases, owners may choose to sell to…

Faced with intensifying social and environmental challenges, from climate change to economic inequality, entrepreneurs are increasingly motivated to drive change. Innovative business structures are therefore essential. While traditional structures remain dominant, Limited Liability Companies (LLCs) provide flexibility and liability protection as a legal entity. This raises a key question: Can an LLC be a nonprofit?…

A Limited Liability Company (LLC) is a flexible business structure that offers liability protection, tax advantages, and simplified management. Many entrepreneurs choose an LLC to separate personal and business assets while benefiting from fewer compliance requirements. Along with this type of incorporation, the question How long does it take to get an LLC approved? is…

In 2024, organizations faced significant financial losses due to fraud, with the Association of Certified Fraud Examiners (ACFE) reporting total losses of $3.1 billion across 1,921 cases, averaging over $1.5 million per case(1). Additionally, accounting errors and manual financial reporting were estimated to cost U.S. businesses approximately $7.8 billion annually(2). To mitigate such risks, reconciliation…

In 2012, the Pebble smartwatch campaign raised over $10 million on Kickstarter, far surpassing its $100,000 goal(1). This landmark success showcased the power of crowdfunding to bring innovative ideas to life. For many entrepreneurs, securing traditional funding through banks or investors can be a major hurdle. Crowdfunding offers a viable alternative, allowing startups to validate…

Understanding your company’s earnings is fundamental to evaluating its performance, and that starts with knowing “what is annual revenue”. Annual revenue is the total income a business generates from its core operations over 12 months, before any expenses are deducted. It’s not just a number—it’s a key indicator of financial health, profitability, and growth potential….

Starting a business is an exciting journey, and one of the first steps is choosing the perfect company name. It reflects your brand identity and sets the tone for your entire venture. However, before you get too attached to that name, it’s crucial to ensure it’s available. How can I check if a company name…

If you are operating a business in the U.S., or planning to establish one, the Employer Identification Number (EIN) is a fundamental requirement. This unique nine-digit code integrates into various crucial operations of your entity. Specifically, an EIN is a business tax ID number used to file federal taxes, open business bank accounts, and hire…

Understand the Cayman Islands’ VASP Act Phase Two, its new licensing requirements, and how they impact Virtual Asset Service Providers.

The journey of running your LLC will inevitably involve periods of change. Welcoming new partners, planning for retirement, or adapting to new market opportunities makes the transfer of LLC ownership significant. This process is about safeguarding the future of your venture and fostering a continuation of operations. There are numerous factors to consider, particularly legal…

Around the world and especially in the U.S., we are seeing a surge in young people wanting to start their own ventures, prompting the key question: Can a minor own a business? This global trend, evident in the growth of youth entrepreneurship initiatives, presents both exciting possibilities and intricate legal considerations. While various countries impose…

Starting a business is always an exciting leap, but let’s be practical: there is a lot to consider. One of the most crucial steps is understanding costs and risks to stay ahead of potential challenges. So, how much does it cost to start a business? The answer depends. You could launch an online venture with…

Every business has a starting point: the moment when an idea transforms into a recognized legal entity. This milestone is known as the date of incorporation. Apart from being an obligation required by the authority. Furthermore, it shapes a company’s legal rights, tax obligations, and strategic opportunities. In many jurisdictions, government agencies, investors, and financial…

When starting a business, one of the first decisions entrepreneurs face is selecting the right structure. For many small company owners and startup founders, this choice often comes down to sole proprietorship or LLC (Limited Liability Company). Both structures offer unique advantages and challenges, so understanding these is crucial to determining the best fit for…

Choosing the right name for your Limited Liability Company (LLC) is more than just a branding decision. It defines your business’s legal identity and impacts everything from customer trust to compliance with state and federal laws. One question many entrepreneurs ask during this process is, “Can two LLCs have the same name in different states?”…

When expanding your business operations across state lines, ensuring compliance with local laws is critical. A Certificate of Authority is one of the key documents you’ll need to legally operate in a state outside your home jurisdiction. Without it, your business risks penalties, fines, and potential legal disputes. But what is a Certificate of Authority?…

The decision to move LLC to another state across state lines is frequently driven by practical considerations, including more favorable business landscapes, advantageous regulatory frameworks, or personal relocation. For example, Delaware and Wyoming offer attractive options due to reduced tax liabilities and simplified compliance requirements. However, this transition necessitates a comprehensive assessment of legal, tax,…

What if your business could have a professional address without the cost of a physical office? A virtual address makes that possible. It gives remote teams, startups, and expanding businesses a credible mailing location while keeping personal details private. With remote work growing and expected to reach 22 percent by 2025, according to Upwork(1), more…

Making the switch from a sole proprietorship to a Limited Liability Company (LLC) is a pivotal step in the lifecycle of any business. For sole proprietors considering this transition, it’s a strategic choice that signals growth, organization, and preparation for the future. By forming an LLC, you can protect your personal assets, gain tax advantages,…

Understanding the cost of a registered agent is an essential part of managing your business operations. Whether you’re starting a new company or maintaining an existing LLC, factoring in this expense is crucial for staying compliant with regulations and ensuring smooth communication with legal authorities. The cost of a registered agent can vary widely, depending…

Fraudulent businesses are more prevalent than ever, with global financial fraud costing over $5 trillion annually(1). In the United States, 33% of individuals(2) have experienced identity theft, highlighting the critical need to verify a company’s legitimacy before engagement. Scammers employ fake credentials, deceptive tactics, and professional-looking websites to appear credible. Without proper checks, investors, business…

The American business landscape thrives on the flexibility and strategic advantages offered by corporations and limited liability companies. According to the IRS, over 5 million businesses in the U.S. currently operate as S corporations, leveraging their pass-through taxation. Simultaneously, LLCs, prized for their management flexibility and liability protection, continue to proliferate. This dual appeal often…

Navigating the landscape of U.S. business structures can feel like charting unfamiliar territory. As a dominant force in our economy, corporations present a compelling yet complex option. Indeed, their significant revenue contribution is well-documented by the U.S. Census Bureau. However, the decision to incorporate should not be taken lightly; thus, a thorough evaluation is paramount…

Should I use my personal address as my business address?” It’s a question that often arises for entrepreneurs, particularly in the initial stages of their venture. While the convenience of using your personal address for business operations is undeniable, it’s necessary to recognize the potential compliance, privacy, and professional impacts that can accompany this decision….

Starting a business often involves choosing the right structure to balance simplicity, liability protection, and flexibility. For ventures with multiple owners, an LLC is a popular choice. But what is a multi-member LLC, and how does it work? This guide dives into the key aspects of multi-member LLCs, covering taxation, ownership responsibilities, and step-by-step setup…

Businesses, including LLC and corporation, are often required by law to appoint a statutory agent to handle official correspondence on their behalf. But what is a statutory agent for an LLC or corporation? Simply put, this agent is responsible for receiving essential legal documents, government notices, and tax forms, ensuring these materials are managed promptly…

Navigating the complexities of business ownership often raises the question: Can you have multiple businesses under one LLC? For entrepreneurs managing diverse ventures, understanding how to structure these businesses effectively is crucial. Operating multiple businesses under a single LLC offers potential cost savings and streamlined administration, but it also comes with unique risks such as…

Closing an LLC involves more than simply ceasing operations; it requires a structured approach to ensure compliance and avoid future complications. Improper closure can lead to serious legal and financial repercussions, including unresolved liabilities, penalties, and even lawsuits. This guide outlines the steps to formally dissolve your LLC, from settling debts to filing necessary paperwork…

In many cases, you can update your business address online through state agencies, local tax departments, and financial institutions. However, some entities, such as the IRS, require a paper record like Form 8822-B. The availability of online updates depends on the agency and state regulations. Changing the address may be necessary for various reasons, such…

Strategically positioned at the intersection of Europe, Asia, and Africa, Cyprus has become a hub for global business expansion. Boasting EU membership, a favorable tax regime, and a stable legal framework, the country offers an ideal environment for establishing a company. Cyprus provides unparalleled business advantages, from its skilled workforce and advanced infrastructure to its…

We are proud to announce the launch of our latest service BBCIncorp Ecommerce Solutions. Streamline market entry, payments, and website development to empower your business growth.

Can you turn a DBA into an LLC? Making the switch from a Doing Business As (DBA) to a Limited Liability Company (LLC) is a strategic decision that can strengthen your business structure. An LLC offers key advantages, including liability protection, credibility with stakeholders, and tax flexibility. This guide provides clear, actionable steps to help…

Businesses may need to change their name for various reasons, such as rebranding, expanding to new markets, or appealing to a different target audience. As a result, many business owners wonder “Can I change the name of my LLC?“. This is a commonly asked question when businesses adjust their identity to align with new opportunities….

Choosing the right business structure is a critical decision that can shape the future of your company. While LLCs are popular for their flexibility and legal protection, deciding between a single-member LLC and a multi-member LLC can feel overwhelming. Each option offers unique benefits and challenges, impacting ownership, taxation, and management dynamics. Understanding these differences…

An Employer Identification Number (EIN) is a unique identifier assigned by the IRS to businesses for tax purposes. It helps to track their activities and ensure compliance with federal regulations. While a single EIN typically suffices for most businesses, circumstances may require more than one. So, how many EIN can I have? In this article,…

As privacy concerns continue to grow in the digital age, many business owners are choosing to form an anonymous LLC to protect their personal information. This structure helps safeguard their identities by restricting public access to critical information, offering enhanced security. However, the ability to form an anonymous LLC is not available in all states….

One essential but often overlooked component of starting a business is having a registered agent. But what is a registered agent, and why is it necessary for your business? A registered agent serves as your company’s official point of contact for legal and tax matters, receiving important documents like government correspondence, tax notices, and service of…

Choosing between a DBA vs LLC might be a pivotal decision for any entrepreneur. A DBA enables businesses to operate under a different name without creating a separate legal entity, offering simplicity and cost-effectiveness. An LLC, on the other hand, combines liability protection with tax flexibility and a formal structure, making it ideal for scaling…

A business purpose for LLC is a clear statement outlining the primary activities and objectives of the company. This definition is essential for legal and operational clarity, ensuring the LLC complies with state regulations. Crafting a well-defined business purpose helps establish the scope of the company’s activities, making it easier to attract investors, secure partnerships,…

Deciding what to call yourself as the owner of an LLC can feel surprisingly complicated. Should you choose “Member,” “Managing Member,” or something more distinctive like “Principal” or “Founder”? The title you select will shape how clients, partners, and employees perceive your role, so what is the owner of an LLC called? Whether you’re navigating…

Learn how to overcome time zone gaps, compliance complexities, and distribution hurdles when managing a global business. Explore expert tips and solutions today.

Dear valued customers and partners, Time truly flies! The 2025 Lunar New Year is fast approaching, bringing with it a fresh start and renewed energy. This year, we welcome the Snake, a symbol of wisdom, resilience, and transformation. The Snake encourages us to shed old layers and embrace new opportunities with grace and patience. It’s…

Wishing you a Merry Christmas, Happy New Year & success in 2025! Explore our 2024 highlights recap and important details about our office closure.

Understand the new Beneficial Ownership Regime in the Cayman Islands. Learn key obligations, scope, and consequences of non-compliance.

We are updating our pricing list due to various reasons, effective 1 December 2024. Please get in touch with us for more information.

Explore how to navigate international tax obligations to ensure compliance, optimize financial strategies, and support global business growth.

Expand your business globally with 5 strategic factors for successful market entry and sustainable growth. Contact us for expert guidance.

International expansion requires these pointers. Discover 10 essential steps to success and practical tips to grow your business across borders with confidence.

International expansion is essential for business success. Discover why it matters, explore potential markets, and learn the right strategies for sustainable growth.

Explore the benefits, challenges, and key factors to consider when establishing a subsidiary in a foreign market. Read the article to determine whether it is the right strategy for your business.

Explore key U.S. regulatory requirements for Asian businesses, including tax laws, registration, and compliance essentials for ease of expansion into the market.

Discover BBCIncorp’s revamped Client Portal, designed for enhanced productivity with a user-centric interface and continuous innovation for effective business management.

Key strategies for Asia-Pacific brands to capture the promising U.S. market by understanding American consumer behavior. Read more.

Discover our redesigned Client Portal with modern design, enhanced navigation, and a comprehensive Help Center to streamline and boost your productivity.

Navigate the EU’s latest tax regulation updates, impacting international businesses worldwide. Stay compliant and avoid risks by being informed.

Discover how e-commerce businesses can streamline logistics for cost-effective and timely deliveries while enhancing customer experience and gaining a competitive edge.

Discover a 5-step plan to expand your Asian business in the U.S., featuring Amazon’s role as a top platform for seamless market entry. Read more now.

Explore the VASP Act 2024 in Seychelles: regulatory framework, licensing needs, permissible activities, and action plan for companies in the virtual asset sector.

Understand key compliance tips for e-commerce expansion in Singapore and Hong Kong, from data protection to tax reporting. Helpful solutions are included.

BBCIncorp extends our warmest greetings to our esteemed clients and partners this Mid-Autumn Festival. May your celebrations be filled with joy, prosperity, and unity.

Explore key insights for e-commerce compliance in the Asia-Pacific region, including regulatory understanding, best strategies and practices to ensure compliance.

Optimize compliance and record-keeping with a Digital Document Management System. Enjoy seamless access, automation, and e-signatures through BBCIncorp Client Portal today.

Explore how digital solutions are transforming the bank account opening process for small businesses and entrepreneurs, and learn how to improve your financial management.

Discover how digital solutions can simplify tax compliance, reduce errors, and save time for businesses. Streamline your tax processes with the latest tools and expert guidance.

Discover how digital solutions can simplify your business renewal and updates today! Stay ahead in the ever-changing business landscape.

BBCIncorp’s new solutions for startups featured on leading news portal. Learn how we simplify business setup in financial hubs like Singapore and Hong Kong.

Explore how digital transformation streamlines global company incorporation, enhancing accuracy, compliance, and efficiency while saving time and resources. Read more.

Master company management with this comprehensive guide to effective maintenance and compliance. Learn the strategies now!

Explore how digital tools are revolutionizing compliance in bookkeeping and accounting. Discover automation, streamlined management, and more insights for business success!

Discover how automation tools streamline administrative tasks, enhance compliance, and drive efficiency, Automate your processes and unlock your business’s full potential!

Discover how emerging technologies like AI, AR, and voice commerce are transforming e-commerce, customer experiences, and driving business growth in a digital-first world.

Expanding your business globally requires these considerations. Learn key strategies for utilizing cultural differences, legal requirements, and logistics to achieve success now.

RAK International Corporate Centre (ICC) companies now must register for corporate tax in the UAE under the Federal Decree-Law No. 47 of 2022. RAK International Corporate Centre (ICC) companies now must register for corporate tax in the UAE under the Federal Decree-Law No. 47 of 2022. See how this regime affects your business.

With the new feature updated, you can easily manage your Annual Renewals directly within the platform, streamlining the process and saving you time.

Offering similar benefits as BCs without the annual filing or Economic Substance requirements, St. Vincent LLC becomes a popular option for entrepreneurs and businesses worldwide.

Learn about the Beneficial Ownership Register in Cyprus, its scope, filing obligations for entities, and penalties for non-compliance. Ensure your compliance today!

Unveil the essentials of the shareholder register UK! Explore its content, creation, maintenance, and get a template to help you create one for your company.

Explore the key changes to UK Company Law, including identity verification, corporate director rules, statutory register updates, and audit exemptions. Find out now!

SVG Business Companies are required to file annual tax returns starting from the 2023 period, with non-compliance penalties in place. Explore in detail now!

Discover key outcomes from the FATF Plenary in February 2024, covering updates of grey and white lists, along with strategic AML/CFT initiatives. Explore more to stay informed!

The EU List of Non-Cooperative Tax Jurisdictions has seen significant changes, with several jurisdictions being removed and added. How it may impact businesses? Find out now!

BBCIncorp is working hand in hand with Wise, a global fintech company building the best way to move and manage the world’s money. Create a business account and enjoy exclusive offers today!

BBCIncorp’s company formation service offers numerous advantages for startups and entrepreneurs looking to enter appealing markets. Learn more.

Global transformations led governments to introduce various regulations to enhance business integrity. See the 2023 highlights of offshore jurisdictions now.

Celebrate the season with BBCIncorp! Join us in reflecting a remarkable year and embrace the joy of Christmas and the hope of a New Year in our warm holiday message.

New version of Compliance Calendar is officially out! Meet Compliance Calendar 3.0, your reliable, secure, and always-on compliance reminder.

BVI introduces Financial Return filing for companies, effective Jan 1, 2023. Learn the due date and forms required for compliance.

Discover BBCIncorp’s latest achievement at the Dun & Bradstreet Business Eminence Awards Singapore and the OCBC Valued Partner Award for 2022/2023.

Exciting new features have been released on our Client Portal, which transforms how you interact with us: the Company Dashboard and Additional Services. Discover now!

Stay up-to-date with the latest developments in St. Kitts and Nevis’ business ordinances. Dive into the significant amendments in our most recent news update.

The EU updates non-cooperative tax jurisdiction list (Annex I) and state of the play document (Annex II) . Explore the full news here!

Announcing price adjustments for Cayman company formation services, effective December 1, 2023. Stay informed about new pricing. Learn more!

Catch up on the BOI reporting rule: Who needs to comply and what information must be submitted. Get the facts now to ensure compliance for your business.

Explore in-depth the Belize Companies (Amendment) Act 2023, its impact on corporate transparency, governance, and what it means for businesses.

Explore the new Belize International Limited Liability Companies Amendment Act, 2023. Understand its impact on LLC’s taxation framework and business operations in Belize.

Restrictions imposed on virtual asset businesses The Financial Services Commission Act in Belize outlines the certain following restrictions imposed on virtual asset businesses: Restrictions on conducting virtual assets activities Section 81(1) of the Financial Services Commission Act, Act No. 8 of 2023, establishes that a person, as a business, not licensed under the Act is…

Discover the advantages and process of setting up a Cyprus Limited Company, a popular choice for businesses seeking favorable tax policies.

Learn how obtaining tax residency in the British Virgin Islands impacts your business. Our comprehensive article explains the benefits and requirements for BVI tax residency.

Understanding the provision of the BVI Business Companies Act helps you make informed decisions for your business. Let’s learn about it in detail with us!

What is personal income tax? Personal income tax is a type of tax that is levied on the income earned by individuals. This tax is collected by the government and is based on the individual’s total income, which includes wages, salaries, bonuses, tips, rental income, and other forms of income. Governments use personal income tax…

Dear Valued Customers, We would like to inform you that BBCIncorp will be making a price adjustment to the company formation service and other corporate services in several countries, effective from April 1, 2023. The decision to adjust pricing has been made after careful consideration of various factors, including operational costs and changes in government…

Is the term “Samoa Tax Haven” accurate? Learn about Samoa’s commitment to international standards, tax incentives, and characteristics that attract businesses worldwide!

Learn about the Mauritius Global Business Corporation (GBC), an entity that enables you to do business locally and globally while enjoying the benefits of the jurisdiction.

Discover the essential factors to keep in mind for doing business in Mauritius: significant advantages, business registration, tax incentives, and cultural differences.

This article provides a comprehensive guide on how to open a company in Mauritius. It outlines the necessary steps, requirements, and benefits of doing business in the country.

Learn how to open a bank account in Cayman Islands with our comprehensive guide. From the required documentation to the top banks available, BBCIncorp got you covered.

What other jurisdictions, besides BVI, are listed as non-cooperative jurisdictions by the EU?