Measures on Residential Properties after Budget 2024-2025 In the Budget 2024-2025, the Hong Kong government cancelled all demand-side management measures for residential properties with immediate effect from 28 February 2024. In other words, there is no more special stamp duty (SSD), buyer’s stamp duty (BSD) or new residential stamp duty (NRSD) is payable for residential…
Chinese New Year Greeting In Lunar calendar, this year is “Loong Year”. Loong is our Chinese traditional mascot signifying the positive meaning of upward mobility, energy, power and integrity. Hong Kong has undergone three years of pandemic and, with the impact of negative external environments, the overall economic situation has not been satisfactory. Luckily, the…
Sun Lawyers LLP’s 20th Anniversary Dinner was held at the Hong Kong Jockey Club Happy Valley Clubhouse with over 100 guests. To celebrate our 20th Anniversary, we have produced a corporate video to share years of our endeavour and mark the 20th year of our establishment featuring our Founder Mr. Szeto Wai Sun, Mr. Stanley…
20th Anniversary Established since 2003, Sun Lawyers LLP is a Hong Kong-based medium-sized law firm that was converted to a limited liability partnership (“LLP”) in 2017. We aim to provide an integrated and comprehensive range of legal services to our international and local clientele. Our philosophy is to provide a down-to-earth approach in delivering quality…
Can Emoji Be Acceptance To Contract??? Traditionally, hand-written signatures of contracting parties for the agreement to be legally binding. As technologies thrive, alternative means of signature emerges as electronically-signed contracts are nowadays recognised under the Electronic Transactions Ordinance (Cap.553). In the upcoming years, the landscape of Hong Kong laws governing signatures may expand further as,…
CONFIDENTIALITY AGREEMENT In the bustling business landscape of Hong Kong, where innovation and competition thrive, safeguarding confidential information is of paramount importance. By understanding and preparing a confidentiality agreement can better protect your business interests and maintain a competitive edge. In this article, we will briefly explore the key elements of a confidentiality agreement in…
Inheritance in Hong Kong and the Mainland Inheritance procedures and issues have always been a subject of interest to Hong Kong residents. Due to the increasingly strong ties between the Mainland and Hong Kong, it has become more and more common for Hong Kong residents to acquire real properties and retain chattels in the Mainland….
Cross border services The steady resumption of normal traveller clearance and of trade between Mainland, Hong Kong and Macau is the most exciting news in the past three years, since we are finally able to expand our business in the Greater Bay Area and better integrate into the overall development of our country. As described…
Legal effect of Nuptial Agreement Recent years have seen a growing concern in couples looking to ring-fence their respective assets in a marriage. Many couples have decided to enter into a nuptial agreement before or after marriage (collectively referred to as the “nuptial agreements”) which sets out the terms for distribution of matrimonial assets and…
Peace of mind for your future There is an increasing trend for executing Wills and Enduring Powers of Attorney recently for making proper financial arrangements. We shall endeavor to give a brief introduction to these documents. Will A Will is a legal document that takes effect after the death of the testator. It is a…
