ECOVIS Axial CPA Limited is a Hong Kong member firm of Ecovis International, which ranks 22nd of the international audit and assurance network in 2022(IAB RANKINGS).
ECOVIS International’s highly qualified and experienced international team includes Certified Public Accountants (CPA), Certified Tax Agents (CTA), and Attorneys at Law (LL.M.) providing tailored premium services to clients at a reasonable price.
ECOVIS International focuses on mid-sized companies, its strength is the personal advice given at the local level backed by the expertise of an international and interdisciplinary network with almost 9,300 people, operating in over 80 countries.
The Revamped Integrated Companies Registry Information System
The Companies Registry will launch the Revamped Integrated Companies Registry Information System (the “Revamped ICRIS”) on 27 December 2023. The Revamped ICRIS, which will replace the existing information systems, will support the Registry’s main business operations and provide convenient round-the-clock electronic search and document submission services to customers through a…
Revision of Specified Forms for Implementation of Phase 2 of Unique Business Identifier
The Companies Registry (the Registry) undertakes to implement Unique Business Identifier (UBI) in two phases for entities under the administration of the Registrar of Companies. The first phase was implemented for Limited Partnership Funds with effect from 1 November 2021. The second phase will be implemented simultaneously with the launch…
Profits Tax Return - Exemption for small corporation
Irrespective of the amount of their gross income, all corporations and businesses are required to furnish their returns together with all the supporting documents except in those cases mentioned in below. It should be noted that small corporations and businesses with gross income not exceeding $2,000,000 will no longer enjoy…
New Era of Profits Tax Filing
The Department today (1 April 2023) launched the enhanced e-filing services for profits tax returns to promote tax digitalization and to enhance the efficiency, reliability and accuracy of tax filing. Starting from this year, all corporations and businesses can e-file profits tax returns through eTAX for the year of assessment…
The Companies (Amendment) Ordinance 2023
At present, the Companies Ordinance (Cap. 622) (“CO”) provides that a company must hold an annual general meeting within the prescribed time. A company may also hold a general meeting out of its own initiatives from time to time as necessary. The manner of holding a general meeting is governed…
Significant Amendments to the BVI Business Companies Act
The British Virgin Islands’ (“BVI”) authorities have recently enacted a number of significant amendments to the BVI Business Companies Act, 2004, which is the primary company legislation in the BVI.