Wilson Accounting Limited
Set up a Charity Service
In today’s society, philanthropy can not only help those in need, but also enhance the social responsibility and brand image of enterprises. Setting up a charity is an effective way to make a contribution to society. Our professional team will assist you in setting up a charity to realize your philanthropic vision, and through in-depth analysis, customize the charity structure, such as a limited company name license, branch office and customized articles of association to apply for funding.
Reasons for setting up a charity:
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Social Impact
Setting up charities can directly improve social issues, help disadvantaged groups, and enhance social well-being. -
Tax incentives
The Hong Kong Inland Revenue Department (IRD) provides tax incentives to charities, and donations are tax-deductible. -
Brand image enhancement
Through charity activities, enterprises can enhance their brand image, attract more customers and partners, and enhance their market competitiveness. -
Employee engagement
Setting up a charity can stimulate a sense of participation and responsibility among employees, enhance team cohesion, and create a better working atmosphere. -
Government and private sector funding
Once you have set up a charity, you can apply for funding from the government and the private sector to get more resources to support your charity projects. -
Environmental, Social and Governance (ESG)
With the growing importance of corporate social responsibility, setting up a charity can help improve your ESG performance, attract more investors and partners, and achieve sustainable development.
The main types of charities in Hong Kong:
- 1. Company limited by guarantee
- 2. Societies
- 3. Trust or trust company
Time required to set up a charity:
The process of setting up a charity usually takes about 9 months to 1 1/2 years, depending on the preparation of the required documents, the registration process and the relevant approvals. Glorious Ambra’s team will assist you throughout the process to ensure that the process runs smoothly.
