Waiver of business registration fees for one year

The Revenue (Reduction of Business Registration Fees) Order 2009 (“the Order”) comes into effect on 1 August 2009. Disclaimer: The publication contains information in summary form and is therefore intended for general guidance only. This publication is not intended as legal, accounting or other professional advice and should not be relied upon as such. If legal, accounting or other professional advice or expert assistance is required, the services of a competent professional should be sought. Neither Reanda Lau & Au Yeung Limited nor any related entity shall have any liability to any person or entity that relies on the information contained in this publication. For more details, please refer to Hong Kong Inland Revenue Department website: http://www.ird.gov.hk/eng/pdf/brfee_waive_09-10e.pdf By the Order, the fees payable in respect of business registration certificates and branch registration certificates that with commencement date falling within 1 August 2009 to 31 July 2010 will be reduced by a sum of HK$2,000 and HK$73 respectively. However, levy for the Protection of Wages on Insolvency Fund, HK$450 a year, is still required to pay.