Have your accountants ever complained out missing documents from your employee’s reimbursement such as the FaPiao or receipt, or the missing information from the application form? Have your employees ever complained that they were not getting reimbursed for the application they sent to their supervisors more than three months ago? Well, the reason for that […]
August 3, 2022
Traditional project management tools do not analyze the financials of the project and on the other hand, traditional accounting software do not analyze the data by project. The former mostly just include a table with multiple columns and rows – for tasks not started, tasks in progress, and tasks completed. The latter only group revenue […]
July 28, 2022
Did you know that 1 in 4 employees have stolen their employer? (Source: CalRest.org) The theft can be in various forms: Supplies theft: such as taking home a pen or paper from the office Data theft: such as selling company’s trade secret or client information Cash theft: such as stealing petty cash or keeping the cash […]
July 21, 2022
The pain point all too often felt for international cross-border entities, especially small but fast-growing startups is the difficulty to manage employee expenses across multiple jurisdictions. This was especially the case for our clients [Expense Co.] In this article, we will discuss how we created a custom solution to address this issue and drastically improve […]
July 15, 2022
Life seems to have returned to normal in some countries. With indoor dining, cross-border traveling, and the option to not wear masks it seems that the world has loosened its restrictions on the COVID-19 pandemic. With restrictions loosened now is the time when business meetings are no longer online and employees are allowed to gradually […]
July 8, 2022
Karen runs a Software-as-a-Service (SaaS) company five years ago. With a little bit of marketing background, she invested in a wide variety of marketing channels – such as billboards, radio, SEO, and social media. At the end of the fifth year, although there are customers using Karen’s SaaS, her company is still in a loss. […]
July 2, 2022
Recently, we discussed how the Cayman Islands is a great place to open an offshore company (see here https://en.cancangroup.com/how-to-open-a-company-in-the-cayman-islands%ef%bf%bc/ for the article). Aside from that territory, the British Virgin Islands (BVI) is also a beneficial place to open an offshore company. According to TMF’s Global Business Complexity Index (GBCI), in 2021 the BVI was the […]
June 22, 2022
The Cayman Islands has always been one of the best choices when opening an offshore company, which means the compliance in accounting and taxes is quite straightforward. According to TMF’s Global Business Complexity Index (GBCI), in 2021 the Cayman Islands was the third least complex jurisdiction among 77 jurisdictions to open an offshore company in. […]
June 16, 2022
Are you looking for funding to expand your business or to make sure your business stays strong throughout COVID-19? The SME Financing Guarantee Scheme (Scheme) might be the perfect option for you. The HKSAR government launched this program on 1 January 2011 to assist small and medium enterprises (SMEs) in securing loans from participating lending institutions […]
December 1, 2021
