In recent years, the tax department has strengthened the tax service and tax supervision of webcasting practitioners according to law, but there are still some people who take a chance to evade taxes, disturbing the normal tax order and hindering fair competition in the market. The tax department investigated and announced three cases of tax evasion by webcasters in accordance with the law on the 15th.

The enthusiasm of enterprises to go public in Hong Kong continues.Wind data show that as of November 17, the Hong Kong Stock Exchange this year, 57 new IPO enterprises, debut fund-raising scale of about 71.583 billion Hong Kong dollars, far more than the whole of last year. Only since the fourth quarter, there have been 14 enterprises successfully listed in Hong Kong, such as Crowe Hydrogen, China Resources Beverage and Midea Group. At the same time, as of November 17, the Hong Kong Stock Exchange accepted a total of 86 listing applications, including many star companies in the field of automatic driving, artificial intelligence, and other areas, but also includes a number of large A-share companies.

Recently, the State Administration of Taxation announced five major tax-related criminal cases on its official website, involving foreign trade export enterprises fraudulently obtaining export tax refunds; medical equipment enterprises falsely reporting R&D expenses plus deductions for tax evasion; shell enterprises violently making false invoices; gas stations stealing taxes; and pharmaceutical enterprises obtaining falsely opening invoices for traditional Chinese herbs and agricultural products. Relevant industries should be warned.

Hong Kong is not only a bridge connecting the Mainland and the world, but also an important springboard for exploring the new blue ocean of global e-commerce. In addition, Hong Kong's supportive and encouraging policies for emerging industries also provide fertile soil for the rapid development of enterprises. I don't think any entrepreneur can resist such a temptation. Therefore, from small start-ups to multinational giants, they have chosen to incorporate their companies here. As at July 2024, there were 80 146 local companies incorporated in Hong Kong alone, which means that an average of 662 companies are set up every day, and almost 27 companies are set up in an hour.