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CWK Global is committed to supporting and promoting professional development, and we closely collaborate with various professional organizations to facilitate industry exchange opportunities. We are honored to be the sponsoring organization for the seminar organized by the Hong Kong Continuous Professional Development Association (HKCPDA). This seminar was jointly organized by the Hong Kong Polytechnic University, College of Professional and Continuing Education (CPCE), CPCE Student Affairs Office (CPCE SAO), China Accountant Professional Association of Hong Kong (HKCAPA) and the International Financial Crime Prevention Association (IFCPA). Its objective was to provide industry professionals with the latest industry information and enhance their personal......
- August 14, 2023
- Posted by: reactdigi
- Category: News
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Hong Kong adopts a territorial source principle of taxation and only profits which have a source in Hong Kong are taxable. Offshore profits are not subject to Hong Kong Profits Tax. Start from this year, under the new FSIE regime, specified foreign-sourced income may be deemed as taxable income if certain conditions could not be met. Ms. Evy Wong, Principal Partner of Tax and Advisory Department of CWK Global, was invited to host a forum organized by The Society of Chinese Accountants & Auditors, where she shared insights on the impact of the new FSIE regime and prevailing practice on......
- August 1, 2023
- Posted by: reactdigi
- Category: News
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CWK Global Established Scholarship at PolyU to Recognize Outstanding Students
CWK Global has been committed to cultivating excellent accounting talents, believing that the participation of young generation is one of the important factors for the growth of the accounting industry. Since 2021, we have been cooperating with the College of Professional and Continuing Education Limited (CPCE) of The Hong Kong Polytechnic University and established the “CWK Global Scholarship”. This scholarship recognizes students who have outstanding academic or extracurricular performances and provides them with practical workplace opportunities to prepare for their future careers by mastering relevant industry knowledge prior to graduation. We were invited by the PolyU to participate in the......- July 21, 2023
- Posted by: reactdigi
- Category: News
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CWK CPA Limited is one of the reporting accountants who successfully assisted in the transfer of share listing of Viva Goods Company Ltd. (“Viva Goods”) to the HKEX Main Board. Mr. Xavier Chan, Managing Partner of CWK Global and Mr. Alfred Siu, the Principal Partner of CWK Global, were honoured to attend the listing ceremony to witness the significant moment together. Viva Goods is a multi-brand operator in the design, development, branding and sales of sports and lifestyle apparel and footwear, as well as sports destination development, sports team and event management, with operations in Greater China, Southeast Asia, Europe......
- July 7, 2023
- Posted by: reactdigi
- Category: News
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CWK Global Sponsors ESG Seminar for The Association of Chinese Internal Auditors
In recent years, many listed companies and investors have increasingly valued the ESG concept of “Environment”, “Social Responsibility”, and “Governance”. To help accounting professionals better understand the latest trends and implementation details of ESG, CWK Global sponsored a seminar with over 200 participants organized by the Association of Chinese Internal Auditors last month while our representatives shared the latest information on ESG and case studies of listed companies, exploring topics such as “Green World”, “Practical Strategies for Corporate ESG”, and “The Role of Listed Companies in ESG.” During the conference, Mr. Rico Leung, Associate Partner of CWK Global, shared the......- June 30, 2023
- Posted by: reactdigi
- Category: News
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The development of innovative technology relies on capital to explore larger markets. Last year, Hong Kong and Shenzhen announced the “18 Measures for Supporting the Linked Development of Shenzhen and Hong Kong Venture Capital Investments in Qianhai”, which facilitates cooperation in innovation and technology between the two cities. CWK Global, which has offices in Shenzhen and other first-tier cities, was invited by InvestHK and other organizers to attend the Venture Capital Day of Shenzhen Roundtable Forum held in Qianhai on June 8. The Founder and Managing Partner of CWK Global, Mr Xavier Chan, attended the roundtable forum on “How to......
- June 16, 2023
- Posted by: reactdigi
- Category: News
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As the oldest professional accounting society in Hong Kong, the Society of Chinese Accountants & Auditors (SCAA) has committed itself to bringing together accounting elites and promoting cross-regional industry cooperation. This year marks the 110th anniversary of the society, which was celebrated on 19th May at the Hong Kong Convention and Exhibition Centre. As one of the event’s sponsors, CWK Global expresses gratitude to the society for its contributions to the industry, commitment to improving the level of accounting practice, and the active cultivation of young professionals. SCAA certainly plays an indispensable role in Hong Kong’s position as a world......
- June 9, 2023
- Posted by: reactdigi
- Category: News
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The Hong Kong Government passed the Inland Revenue (Amendment) (Tax Concessions for Carried Interest) Bill 2021, which provides tax concessions for eligible private equity funds operating in Hong Kong that distribute carried interest with a 0% profits tax on qualified carried interest. The implementation of the Bill is expected to attract more private equity funds to register and operate in Hong Kong, creating business and job opportunities for various professional services in the city. Meanwhile, the Hong Kong Monetary Authority also issued guidelines for the relevant audit reports. When applying for verification, funds must submit audit reports and other documents......
- June 1, 2023
- Posted by: reactdigi
- Category: News
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CWK Global Wins Outstanding Corporate Social Responsibility Award by The Mirror Post
CWK Global wins the Outstanding Corporate Social Responsibility Award from The Mirror Post’s 10th Outstanding Corporate Social Responsibility Award. The selection advisory committee for the award is composed of social elites from different sectors, who score companies based on their leadership, shareholder responsibilities, employee care, customer commitment, environmental protection and social engagement. This is the second time that CWK has won this award, demonstrating our outstanding performance in the areas of community, employees and environmental protection, and successfully obtaining external recognition. CWK Global has always been dedicated to sustainable development in Hong Kong. Looking ahead, we will continue to make......- May 22, 2023
- Posted by: reactdigi
- Category: News
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Is Having Enough Money Enough for Retirement Planning?
Mr. Xavier Chan, the Founder and Managing Partner of CWK Global, and Mr. Ray Lee, Vice-Chairman of Hong Kong Accounting Professionals Association, monthly share their views towards financial planning on “Privilege Vita”. Hong Kong has the highest life expectancy in the world. To plan for retirement, having emergency reserves is an important part of the process. Among Hong Kong’s population aged 70 and above, about one in ten suffer from cognitive impairment. Even if they have sufficient savings in the bank, they may not be able to access them due to mental incapacity. If they have a joint bank account......- May 16, 2023
- Posted by: reactdigi
- Category: News