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Effective from 1 March 2018, all companies formed and registered under CO (Cap.622) is required to keep a Significant Controllers Regiser.
   
From 1 April 2017:
   
1) Incorporation fee:HK$6,080 Only
   
2) Renewal fee:HK$2,150 Only
   
2017/18 Tax Reduction:
   
1) 75% of the 2017/18 profits tax is waived subject to a ceiling of HK$30,000 per case.
   
2) 75% of the 2017/18 salaries tax is waived subject to a ceiling of HK$30,000 per case.
   
2017/18 Salaries Tax Allowances:
   
1) basic allowance : HK$132,000.
   
2) married person allowance : HK$264,000
   
3) dependant parent allowance : HK$46,000 (aged 60 or above); and HK$23,000 (aged 55 to 59)