Panocean Secretarial Group

Panocean Secretarial Group

Order to reduce levy rate of business registration

     ​The Business Registration Ordinance (Amendment of Schedule 2) Order 2022 (Order) was gazetted today (June 10) and will be introduced into the Legislative Council on June 15.

     The Order seeks to reduce the rate of the business registration levy, which finances the Protection of Wages on Insolvency Fund (the Fund), from $250 per annum to $150 per annum with effect from June 17.

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