Speaker(s)

• Mr Joseph Hong, Partner, Corporate Services, RSM HK
• Mr Vincent Yuen, Director, Corporate Services, RSM HK
• Ms Catherine Lim, Director, Corporate Services, RSM Stone Forest
• Ms Helen Yin, Director, Business Advisory Southern China, RSM Stone Forest

Description

Hong Kong enterprises have been increasingly expanding their business globally in recent years, driven by factors such as market saturation in Hong Kong, pursuit of new growth opportunities and profitability, and diversified of business risks, etc.

According to the report published by the Census and Statistics Department, analyzed by the immediate destination of investment, Mainland China accounted for a predominant share of Hong Kong's direct investment outflow by end of 2022 while Singapore ranked the sixth place amongst the other top 10 popular destinations.

When company making decision for foreign direct investment, there are significant compliance and governance challenges that Hong Kong enterprises must consider for ensuring adherence to regulations, manage risks, and maintain the enterprise’s reputation and long-term sustainability. Initiative-taking planning and continuous monitoring of the changes of legislative requirements are the key to expanding to global market successfully.

In this seminar, the speakers will highlight and share an overview of requirements for compliance in connection with global expansion as well as practical points to note for developing a comprehensive governance framework across the Hong Kong headquarter and the regional offices, with a focus on the following: 

• Overview of compliance checklist for global expansion
  • Entity setup
  • Application of relevant license/permit
  • Work pass
  • Talent acquisition
  • Accounting
  • Audit
  • Payroll related compliance
• Practical case sharing of expansion to Mainland China
• Practical case sharing of expansion to Singapore
• Challenges over centralised governance and solutions

Remarks on this Online Session:

• This is the online session. If you wish to join in person, please click HERE for the physical session.
• Registration will be closed on 27 August 2024 at 5.00pm.
• Once enrolment in this online session is confirmed by the Institute, requests to change to physical session will not be entertained.
• Online session will be delivered via Zoom facility. The Institute has made every effort to ensure that the quality of the internet connection is sufficient for media streaming. Attendees should ensure that they are in an area of stable internet connection with suitable bandwidth as this can affect user’s experience.

Level: Intermediate

Speakers' bio:
Mr Joseph Hong
Mr Vincent Yuen
Ms Catherine Lim
Ms Helen Yin

Seat guarantee will only be given to HKCGI Fellows and/or Practitioner’s Endorsement (PE) holders if registered 10 clear working days with payment prior to the date of the seminar.