Copy stamp in the Profit Maintenance Agreement effortlessly

Aug 6th, 2022
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How to Copy stamp in the Profit Maintenance Agreement

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do you know that theres a difference between an incentive structure and a profit share agreement well there is and its pretty docHub in this video i want to talk to you about profit share agreements how they work why theyre important and how you can utilize them in your business to not only retain but also attract high quality teammates so today i want to talk about profit sharing agreements profit sharing agreements for part of this kind of discussion and thought around building our dream teams if were trying to put you know high performing people together and really incentivize them to do the best they can do so that we all win weve got to think about some of the mechanisms we use in order to promote that high performance to pay people to incentivize people and one of them out there is what we call a profit sharing agreement so back to the wheel as we always start here where are we focusing on this wheel primarily were focusing down here around the golden ratio the golden

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Stamp Duty relief is applicable for the transfer of Hong Kong company share from one associated body corporate to another that one is beneficial owner of not less than 90 per cent of the issued share capital of the other, or a third such body is beneficial owner of not less than 90 per cent of the issued share capital
Subject to the conditions set out in section 45 of the Stamp Duty Ordinance (the Ordinance), stamp duty relief is available for the transfer of immovable property or shares from one associated body corporate to another.
Stamp duty is charged on transfer of Hong Kong stock by way of sale and purchase at 0.26% of the consideration (or the market value if it is higher) per transaction.
This means that the stamp duty will be 0.5% of the consideration paid by the purchaser to the vendor for the transfer of shares.
The stamp duty payable of transfer of shares in physical form shall be 0.015% of the total market value of the shares. Market Value means Price /consideration mentioned in the particular instrument i.e. share certificate.
2) Order 2012 (Remission Order), a taxpayer is entitled to a remission and refund of stamp duty paid in excess of 0.1% on a loan agreement or loan instrument which is subject to Item 22(1)(b) and is without security for any sum or sums of money repayable on demand or in single bullet repayment.
Buyers Stamp Duty (BSD) The BSD is charged at a flat rate of 15% on the stated consideration or the market value of the property acquired, whichever is higher.

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