The registration fee on Annual Return charged by Companies Registry will be waived for two years from 01 October 2020 to 30 September 2020 (both dates inclusive). However in cases of late deliveries, the waiver will not apply and the companies are still required to pay the statutory registration fee.
In addition, with effect from 01 October 2020 – the fee for companies electronic incorporation (including registration of non-Hong Kong companies), will be reduced by 10%.
New Round of Employer Subsidy Scheme
Application Period: 31 August to 30 September 2020
Following the first tranche of government wage subsidy under the Anti-Epidemic Fund program, the second tranche (for wages in September, October, and November 2020) – will soon accepting applications on the next 31 August to 30 September 2020. In the first tranche, the percentage of successful applications is 88% from the total 168,799 applications received.
For references, below are the main reasons for rejected applications:
- Ineligible MPF accounts (e.g. accounts set up on or after 01 April 2020 or terminated before 31 March 2020)
- Zero wage subsidy (e.g. employers had made no MPF contribution for their employees in the specified months)
- Duplicated applications
- Incomplete or inaccurate information
- The company has been closed or wound up
Those who are interested to apply for the scheme should submit their applications starting from 31 August to 30 September 2020. For any query, the applicants can reach: ESS Website | Hotline: 1836-122 | Email: email@example.com.