Despite the latest waves of the coronavirus pandemic and the tightened quarantine measures, Hong Kong’s economy showed signs of recovery in 2021, with an estimated annual GDP growth rate of 6.4%. The notably positive performance was attributed to the city’s…
In recent years, regional economic integration has accelerated, resulting in a new form of competition among countries and territories. A notable example is China’s Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”), widely regarded as the next world-class metropolitan cluster to compete…
Administrative Measures for Client Due Diligence and Preservation of Clients’ Identity Information and Transaction Records by Financial Institutions The “Administrative Measures for Client Due Diligence and Preservation of Clients’ Identity Information and Transaction Records by Financial Institutions” will enter into…
CW CPA is a professional advisory and CPA firm offering accounting and financial reporting, audit and assurance, corporate secretarial, HR process outsourcing, tax advisory and China consulting services, with offices in Hong Kong, Shenzhen, Guangzhou and Shanghai in China, Barcelona in Spain, London in the UK, Bogotá in Colombia, Belo Horizonte and São Paulo in Brazil. CW CPA is a member of Allinial Global, an award-winning association of legally independent accounting and consulting firms whose members collaborate to bring their clients best-in-class solutions.