Friday 29 June 2012

China Updates- Protection of female employees

New rules (the “New Provisions”) on protection of female employees have been introduced. These cover the following areas:

Prohibited work for female employees – now divided into four categories as: "under normal conditions", "during pregnancy", "during the nursing period" and "during the menstrual period". More types of work have
been classified as "prohibited", such as work in confined spaces (for pregnant employees).

  • Maternity leave has been extended from 90 days to 98 days.
  • Maternity benefits have been redefined.
  • Sexual harassment provisions - employers must take precautionsto safeguard female employees from sexual harassment in theworkplace. This provision is a general one and more detailed rules are expected soon.

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Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong

Monday 25 June 2012

Hong Kong Updates- Companies Registry

Capital duty 
The Companies Registry has announced that capital duty on the share capital of Hong Kong companies is abolished with effect from 1st June. This means that Hong Kong companies may incorporate with higher share capital without incurring this duty. Previously, most private companies in Hong Kong have been incorporated with a standard share capital of HK$10,000, which attracted minimal capital duty.

Electronic form submission
The Companies Registry has uploaded the requisite form to allow electronic submission of annual returns of local private companies having a share capital. In addition, 6 further forms have now been digitalised to allow electronic submission, including those for returns of allotments, notification of increase in nominal share capital and those relating to reserve directors.

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Primasia will post the updates of Hong Kong and China from time to time. Follow us on our WebsiteBloggerLinkedIn and stay tunned for our updates!
===================================================================
Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
--------------------------
Follow us on:
Website: Primasia HK / Primasia China
LinkedIn: Primasia
--------------------------
Primasia Corporate Services Limited
Tel: +852 2882 2088
Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong