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Offshore Status of Hong Kong Companies

A Hong Kong-based company can be legally formed without a physical presence ... At that point, the company should prepare for a review of their books starting from incorporation. Documentary pieces of ... read more

Types of Company in Hong Kong

A company incorporated in Hong Kong; A branch office of the foreign corporation ... The Companies Registry charges an incorporation fee based on the number of members in the company. The price is ... read more

Second Circuit Nixes New York Charging Order Protection For Many LLCs

A U.S. District Court has ordered a judgment debtor to turnover shares in a Delaware LLC without regard to charging order exclusivity of remedy. read more

AM Best Affirms Credit Ratings of Tugu Insurance Company Limited

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Tugu Insurance Company Limi ... read more

Mantra, Virtuzone launch incubation programme at Dubai World Trade Centre

The Hong Kong-based Mantra, a provider of Decentralized Finance (DeFi) products, has partnered with Virtuzone, the Dubai-based company formation specialists, to launch an incubation programme at the ... read more

WANG & LEE GROUP, INC. Announces Fiscal Year 2023 Financial Results

WANG & LEE GROUP, Inc. (Nasdaq: WLGS) (“WLGS” or the “Company”), is a British Virgin Islands holding company with operations conducted by its subsidiaries in Hong Kong. The Company is a construction ... read more

LastPass Reports Voice Phishing Attempt on Employee Using Audio Deepfake of Company CEO

A blogpost from LastPass Labs warns of an attempted voice phishing attack on an employee that made use of an audio deepfake of company CEO Karim Toubba. The attacker peppered the LastPass employee ... read more

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

a trust company registered under Hong Kong’s Trust Ordinance. Part of the requirements of Hong Kong’s Trust Ordinance is to keep all reserves in segregated accounts, which prevents co-mingling ... read more

Linkage Global Inc Regains Compliance with Nasdaq Filing Requirement

As previously reported, the Company received a deficiency notice from Nasdaq on February 16, 2024, due to the delay in filing its Annual Report on Form 20-F for the fiscal year ended September 30, ... read more

Scaling New Heights: Vishal Parmar, Founder And CEO, VAP Group

As Vishal Parmar's VAP Group gears up to host the Global AI Show and the Global Blockchain Show in Dubai in April, the founder discusses the secret to staying atop ever-changing tech trends. read more