According to the statistics released by the Companies Registry today (January 16), a total of 195,343 local companies and re-domiciled companies were newly registered in 2025. By the end of 2025, the total number of local companies and re-domiciled companies registered under the Companies Ordinance increased by 96,609 compared to 2024, reaching 1,557,103, which was an all-time high figure.      In 2025, 1,532 non-Hong Kong companies that had newly established a place of busin

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The Secretary for Financial Services and the Treasury, Mr Christopher Hui, had a bilateral meeting with the Ambassador of Norway to China, Mr Vebjørn Dysvik, in Beijing today (December 16) and signed on behalf of the Hong Kong Special Administrative Region (HKSAR) Government a comprehensive avoidance of double taxation agreement (CDTA) with the Government of the Kingdom of Norway.      Mr Hui said, "Norway is an important trading partner of Hong Kong in Northern Europe. This

Hong Kong Customs mounted enforcement operations to combat illicit cigarette smuggling activities involving air passengers and shut down related illicit cigarette storage centres between September and December, successfully neutralising a transnational syndicate that smuggled illicit cigarettes through air passengers. A total of about 11.64 million illicit cigarettes and 1.4 million alternative smoking products were seized, with an estimated market value of about $56.5 millio

​The General Assembly of the International Institute for the Unification of Private Law (UNIDROIT), at its 85th session, decided on the establishment of the UNIDROIT Asia-Pacific Liaison Office in the Hong Kong Special Administrative Region (HKSAR) of the People's Republic of China. The Office is expected to open at the Hong Kong Legal Hub in the second half of 2026, as part of UNIDROIT's centenary celebration next year.       The proposal for the establishment of the Office

The Government today (December 9) launched a public consultation on the implementation of the Crypto-Asset Reporting Framework (CARF) and amendments in relation to the Common Reporting Standard (CRS) promulgated by the Organisation for Economic Co-operation and Development (OECD) in Hong Kong.      Hong Kong has long been supportive of international efforts to enhance tax transparency and combat cross-border tax evasion. Since 2018, Hong Kong has been exchanging financial acc

The Labour Department (LD) today (December 3) announced the imposition of an administrative sanction on Ying Garden O/B Cheer Power Holdings Limited. With effect from December 1, 2025, the approvals-in-principle for importing workers granted to the company under the Enhanced Supplementary Labour Scheme (ESLS) have been withdrawn, and any applications for importing workers submitted by the company will not be processed for a period of two years.      "The LD earlier received a

Hong Kong Customs detected a suspected smuggling case involving an ocean-going vessel on November 19. A large batch of suspected smuggled goods with an estimated market value of about $195 million was seized.      Through intelligence analysis and risk assessment, Customs discovered that criminals intended to use an ocean-going vessel to smuggle goods, and thereby formulated enforcement actions. A suspicious container scheduled to depart from Hong Kong to Indonesia via an oce