Primasia Corporate Services Limited

Monday, 23 March 2015

Primasia at MODE IN FRANCE Trade Show

Primasia was at the MODE IN FRANCE ready to wear & accessory trade show, which is held by The Fédération Française du Prêt-à-Porter Féminin (French Federation of Women’s Ready-to-Wear)and with the support of French Chamber of Commerce and Industry in Hong Kong, this morning.

The trade show is the second time in Hong Kong. It showcase the French Designer brands of ready-to-wear and accessory fall/winter 2015-2016 trends.

MODE IN FRANCE is held on 23th and 24th March 2015 at Mira Hotel in Kowloon. Make an appointment and enjoy MODE In FRANCE 2015!

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Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email
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Follow us on:
Website: Primasia HK / Primasia China
LinkedIn: Primasia
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Primasia Corporate Services Limited
Tel: +852 2882 2088
Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong

Wednesday, 25 February 2015

China Updates- Minimum wage

Minimum Wage

The minimum monthly wage in Shenzhen is being increased to RMB2,030 wef 1st March, and the minimum hourly wage to RMB18.5.

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Primasia will post the updates of Hong Kong and China from time to time. Follow us on our Website/ Blogger/ LinkedIn and stay tunned for our updates!

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China Updates- Anti-trust

Anti-trust

The National Development and Reform Commission (NDRC) imposed a fine of RMB 6.088 billion (USD 975 million) on Qualcomm for abusing its dominant position in the various wireless communication standard essential patents (SEPs) licensing and chip markets.

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Primasia will post the updates of Hong Kong and China from time to time. Follow us on our Website/ Blogger/ LinkedIn and stay tunned for our updates!

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Tuesday, 24 February 2015

China Updates- Inbound Investment

Inbound Investment

The Ministry of Commerce (MOFCOM) has issued a draft of a new Foreign Investment Law for public comment. The proposed changes to the current foreign investment regime are far-reaching, and – for example – would replace and consolidate the existing laws on foreign inbound investment, namely the Sino-foreign Equity Joint Venture Law, the Wholly Foreign-owned Enterprise Law and the Sino-foreign Contractual Joint Venture Law. As with recent tax reforms, this will result in more equal treatment between foreign and domestic companies.

Hong Kong Updates- Employees Compensation

Increases to reflect inflation in the statutory compensation levels under employees compensation legislation have been approved and will take effect for work accidents happening after 4th March, 2015.

The increases include (i) the ceiling of monthly earnings up from HK$23,580 to HK$26,070. This figure is the basis for calculating the maximum amounts of compensation for permanent total incapacity and for death; (ii) the minimum levels of compensation for death up from HK$340,040 to HK$375,950; (iii)the minimum levels of compensation for permanent total incapacity up from HK$386,110 to HK$426,880; (iv)the maximum amount of compensation for employees requiring attention by another person up from HK$462,890 to HK$511,770; and (v) the maximum amount of funeral expenses up from HK$70,000 to HK$76,220.

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Primasia will post the updates of Hong Kong and China from time to time. Follow us on our Website/ Blogger/ LinkedIn and stay tunned for our updates!

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Friday, 23 January 2015

Hong Kong Updates- Data Privacy

Data Privacy

The Privacy Commissioner has (in December 2014) issued guidelines on the cross border transfer (i.e. out of Hong Kong) of personal data, in anticipation of the enactment of s.33 of the Personal Data (Privacy) Ordinance. The section has been on the statute books since 1996. Very broadly, in order not to commit an offence under s.33, the data user will have to be transferring the data to a country on a “white list”, have reasonable grounds to believe that the data will be protected by similar laws to Hong Kong’s, have the subject’s consent, or be handling data which are otherwise exempt.

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Primasia will post the updates of Hong Kong and China from time to time. Follow us on our Website/ Blogger/ LinkedIn and stay tunned for our updates!

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Wednesday, 21 January 2015

Hong Kong Updates- Minimum Wage & MPF

Minimum Wage

The annual adjustment to the Statutory Minimum Wage ("SMW") rate was gazetted. The rate will increase from HK$30 to HK$32.5 per hour and will come into effect on 1st May 2015.

The monthly cap (the limit above which it is not necessary to keep a written record of hours worked) will increase from HK$12,300 to HK$13,300 per month.

Monday, 23 March 2015

Wednesday, 25 February 2015

Tuesday, 24 February 2015

Friday, 20 February 2015

Friday, 23 January 2015

Wednesday, 21 January 2015