Hong Kong Legal Articles & Insights

The Ravenscroft Schmierer asialaw ranking 2023 marks an important milestone in the firm’s development and recognition within the Hong Kong and Asia Pacific legal market. Rankings of this nature reflect independent evaluation based on client feedback, peer review, and demonstrated legal work.

Author: Chloe Lau , Associate Solicitor Understanding the Hong Kong Certificate of Resident Status The IRD issues a CoR to prove resident status for tax benefits under the DTA. From June 12, 2023, the IRD will use the DTA definition of “resident of Hong Kong”. The application process for Mainland China tax benefits is also simplified. However, a CoR doesn’t guarantee successful claims and entities may need to show economic substance in Hong Kong. What Is a Hong Kong Certifica

The German "Act on Corporate Due Diligence to Prevent Human Rights Violations in Supply Chains" (LkSG) took effect in 2023, requiring companies in Germany to implement risk management systems and report on their measures. Vague reporting requirements led to confusion, prompting authorities to introduce a detailed questionnaire. Although still complex, the questionnaire provides guidance. Nevertheless, in-depth preparation and involvement of external advisors is advisable.

Over the summer, I had the opportunity to intern at Ravenscroft & Schmierer for three weeks. Read my article and listen to my podcast...

Author: David Ravenscroft , Senior Consultant While mediation develops differently in each jurisdiction, the global pandemic has introduced the worldwide practice of online mediation – a change that is here to stay. As a consequence, the importance of pre-mediation meetings has increased, reflecting the flexibility of mediation, a core principle of the service. How Mediation Practices Have Evolved in Hong Kong and Globally Flexibility is one of the core principles of mediati

As cryptocurrency grows increasingly popular, so does the number of victims affected by crypto scams. With offenders protected by the anonymity of blockchain technology, courts are exploring new methods of serving legal notices, including the use of crypto products against those who misuse such tools. In Wang Chichen v FeCommerce fDeals Co., Limited and 20 Others, Ravenscroft and Schmierer secured the first grant authorising service via NFT in Hong Kong. This development repr

While the term "Campus Ambassador" may be unfamiliar to many in Hong Kong, it is a popular position in places like the UK and the US....

Hong Kong, renowned as a major global financial center, has witnessed a concerning surge in international internet fraud in recent years, with internet fraud Hong Kong court cases becoming increasingly prominent. Victims of such fraudulent activities often find themselves wiring money to Hong Kong‑based bank accounts held by deceitful individuals. These ill‑gotten funds are then immediately transferred through a series of international transactions, rendering them exceedingly

Arbitration in Hong Kong Stay Proceedings continues to develop through judicial clarification, reinforcing the city’s reputation as a leading arbitration hub. The decision in Li Wenjun v Chen Chunhui [2023] HKCFI 405 provides important guidance on how the courts approach applications to stay court proceedings in favour of arbitration.

Hong Kong has taken a significant step in addressing the economic well-being of its workers by raising the minimum wage from $37.5 to...

Author: Samantha Bradley, Consultant A New Tax Concession for Hong Kong Single Family Offices The Hong Kong government has set out its ambition to host 200 family offices in Hong Kong by 2025. The government perceives this sector to be of broad benefit to Hong Kong due to the multiplier effect on professional services, capital markets, venture capital and private philanthropy. On 24 March 2023, the government issued a policy statement on the development of family office busin

The Cryptocurrencies' Legal Status in Hong Kong has undergone significant development following recent judicial decisions, providing greater clarity for investors, financial institutions, and digital asset participants. As Hong Kong continues its ambition to position itself as a leading global digital asset hub, legal recognition of cryptocurrencies plays a central role in shaping market confidence and regulatory certainty.

I interned part-time at Ravenscroft & Schmierer while simultaneously studying a combined degree between HKBU and Sciences Po Bordeaux and studying a LLB remotely at Paris Panthéon-Assas. But why, and how? Keep reading to find out! Read my article on LinkedIn and watch my internship experience video here . Dressed for the company photoshoot. Three Degrees and an Internship: How I Made it Work I am currently studying at HKBU (Hong Kong Baptist University), in a combined degre

Ravenscroft & Schmierer is proud to announce that it now is an institutional supporter of the Campaign for Greener Arbitrations by...