Primasia Corporate Services Limited
Basic Information
Primasia Corporate Services Limited offers a comprehensive range of corporate services, including:
- Hong Kong company incorporation
- Bank account opening
- Registered office and company secretary services
- Accounting, tax advisory, and filing
- Audit arrangements
- Family office setup
- SFC license application
- Fund accounting and fund administration
- Full HR, payroll management, and visa application services
We have been established in the PRC since 2013 through our wholly foreign-owned enterprise (WFOE) and have offices in Shanghai, Beijing, and Guangzhou.
Why work with us
Our core strength is in offering integrated services to support all the main administrative needs of a company, with the emphasis on service levels. (We do not time-write!)
Our different sections work closely with one another to ensure responsiveness and high service levels. We also employed qualified staff across accounting and company secretarial which could provide professional services.
Our Hong Kong and PRC teams work closely together to provide a seamless, Greater China service.
Brochure
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Projects or Case Studies
Trading and Wholesale - China Sourcing - Business Challenges and Solutions
Client Description The client is an European company in the promotions industry. The business is complementary to the original business, thus necessitating full commercial confidentiality. The client had shared space for storage and office. Business Challenges Adverse Covid-related trading conditions. Disruption of the global supply chain. Loss of the lease of shared premises. Services and Solutions Provided A nominee structure for commercial confidentiality. Full accounting and trading documentation, company secretarial and payroll services. Liaison with tax advisor in the domestic jurisdiction re the DTA. Provision of active directors to achieve the above. (NB Full disclosure to tax authorities.) Further advice on the following: Possible liabilities under the former lease agreement. The business case of the various space options. A proposed draft lease for new space. Variation of the employment terms of their Hong Kong staff. The Employment Support Scheme (ESS) application.
F&B - Restaurant - Challenges and Solutions
Client Description European restaurant in Hong Kong. Business Challenges The client has faced the common challenges of an F&B business in Hong Kong. This includes control of overheads, in particular rental cost. Other particular sector challenges include relatively high staff turnover and occasional disciplinary problems. Services and Solutions Provided Primasia Corporate Services have provided the company’s accounting, company secretarial, payroll and HR support, and tax compliance since inception. We have moved the client up online [Xero] accounting, achieving efficiencies and savings. Advice on various government grant schemes. Full payroll support including MPF and IRD returns, and advice on variation of staff terms and conditions, including hours and salaries; handling of possible and actual disciplinary cases, including labour tribunal cases.
