9 posts
Hong Kong received 36 stablecoin licence applications and has granted two. The filter is operational. Daily par reporting, weekly disclosures, and attested reserves make the licence an accounting build.
Hong Kong's VATP licence writes the finance function into law. A mandatory custody company, 98 percent cold storage, and monthly returns due in three weeks decide what the ledger has to prove.
Hong Kong schools hold fees, debentures, and levies collected long before the teaching happens. Since 2023, the EDB expects an annual account of that money.
School registration ties each campus to its premises, so Hong Kong education groups run one company per campus. The structure is rational. The year-end bill for it isn't small.
KeeTa, foodpanda, and the wallet stack all settle net, late, or both. That's why restaurant revenue never matches the bank.
Licensing ties each outlet to its own premises and its liquor licence to a named person. That's why a twelve-restaurant group can sit on twenty companies.
Private HK services firms have until 1 January 2027 to move onto the HKFRS 15 five-step model that already shapes the IRD's tax starting point.
The FIHV 0% rate requires HK$240M NAV, 2 HK employees, and HK$2M in local expenditure, and NetSuite supports the records but not the election.
Hong Kong now counts 3,384 single-family offices, and most still consolidate 5 to 15 QuickBooks files by hand each month.
