Hong Kong Updates – Implementation of Unique Business Identifier for all Hong Kong registered entities

The Hong Kong Companies Registry undertakes to implement Unique Business Identifier (“UBI”) by two phases for entities under the administration of the Registrar of Companies. Business Registration Number (“BRN”) (i.e. the first eight digits of the Business Registration Certificate number) assigned by the Business Registration Office of the Inland Revenue Department is adopted as the … Read more

Cayman Updates – Reminder to file CRS Compliance form for your reporting financial institutions

Please to be reminded that Cayman Islands entities classified as reporting financial institutions (Reporting FIs) under the Common Reporting Standard (CRS) framework are required to file their CRS compliance form by 15 September 2023 over the International Tax Cooperation (DITC) online portal, Cayman Island Department. If any queries, please contact your Harmony representative.  Thank you 

Seychelles Updates – Beneficial Ownership Legislative Amendments

The Seychelles Financial Services Authority (FSA) has recently published various updates in respect of the Beneficial Ownership (“BO”) Legislative Amendments. Pursuant to the Beneficial Ownership (Amendment) Act 2022 and the Beneficial Ownership (Amendment) Regulations 2023 (collectively, the “Amendments”), various amendments to the Beneficial Ownership Act 2020 (the “BO Act”) and the Beneficial Ownership Regulations 2020 … Read more

Samoa Updates – Maintaining your Samoa Company in a proper way

Frankly reminder of a Samoa company maintenance with fulfilling the relevant regulations in Samoa, please take actions to the following matters: Prepare financial statements for every financial year (ready for random inspections of the Samoa government) Please notify us if any changes of ultimate ownership, the directors, secretary, shareholders or nature of activities of your company.  (Penalty Note: Non-compliance of … Read more

Seychelles Updates – Please provide the Accounting Records in the 1st half of 2023

Recap of Accounting Record Requirements Frankly reminder of the amendments to the International Business Companies Act 2016 relating to the requirements of accounting records as follow: Every Seychelles company is required to send a copy of its accounting records twice annually to be kept at its registered office in Seychelles:(i) Accounting records relating to transactions or operations in … Read more

Singapore Desk Launched

Following our 10th Anniversary, we are excited to announce the launch of our new Service Desk in Singapore on 1 May 2023. This is a significant milestone for our company, as we expand our presence and reach in the  Southeast Asia region. Our new Desk will provide us with more space, supportive and opportunities to serve … Read more

Harmony Business Consultants 10th Anniversary

Happy 10th anniversary to Harmony Business Consultants !  Over the decade, we have built strong foundations in Asia with our professionals in Hong Kong, China, Taiwan and Singapore, now providing a full range of private client and corporate services to our global high net worth clients.  Thank you for being our treasured customers and business … Read more

International Banking Solution in Mauritius !

  |  www.abcbanking.mu We, Harmony Business Consultants, are eligible to assist an international bank account opening at ABC Banking Corporation in Mauritius, one of well-known International Financial Centres (IFCs) in world. The real banking solution of doing a global business. Interest parties, please e-mail to (with subject of “ABC Banking”) info@harmonybcs.com Thank you for your attention. … Read more

Seychelles Updates – Please provide your Accounting Records (from 01.07.22 to 31.12.22) on or before 27 Jan 23

Recap of Accounting Record Requirements Frankly reminder of the amendments to the International Business Companies Act 2016 relating to the requirements of accounting records as follow: Every Seychelles company is required to send a copy of its accounting records twice annually to be kept at its registered office in Seychelles:(i) Accounting records relating to transactions or operations in … Read more