Accounting – Expertise . Responsiveness . Integration

Communication . Professionalism. Powered by Xero.

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About Us

We love accounting and technology. That is why we use Xero, a cloud-based accounting software for small and medium-sized businesses. Xero, together with the numerous integrated add-ons including Human Resources, Inventory and Client Relationship Management system, is a flexible and comprehensive ERP system that will bring your business to the next efficiency and technology-advanced level.

Xero, a public company listed in Australian and New Zealand, has international presence in Australia, New Zealand, United Kingdom, United States, Singapore and Hong Kong. We trust that Xero is a user-friendly and trustworthy system.

You may have noticed that we are Xero Partners, this makes us remarkable with Xero. We love and use Xero and we know that you will too.

Expertise

You may have noticed that we are Xero Partners, this makes us remarkable with Xero. We love and use Xero and we know that you will too.

Responsiveness

We understand that timely financial reports are important and that is how our clients benefit from our services. We are also ready to discuss with clients through any available channels including video chat, emails, messaging apps and phones.

Integration

A number of different application types are available to connect to the Xero API, which include Inventory, Payroll, CRM, Point of Sale, etc. We are happy to explore add-ons that suit your business and help you integrate them to build up a cost-efficient and tailor-made ERP system.

BOOKKEEPING

We create financial transactions and financial reports from the sources documents including bank statements, sales and purchase invoices, expenses receipts and contracts. Manual journal adjustments, such as accrual and depreciations, are posted to ensure the financial reports are complete.

PAYROLL

We calculate the monthly payroll and Mandatory Provident Fund (compulsory retirement fund in Hong Kong) for individual employees. It is important that Severance Payment and Long Service Payment are calculated correctly for the respective employees.

We are familiar with the calculation and requirements of the respective employment ordinance, Cap. 57.

Inventory management

Good inventory management requires timely control and record on the stocks held by the business. Regular stocktake should be performed. We are more than happy to help clients set up and maintain cloud-based inventory system, or inventory records by traditional method, i.e. excel.

Tax planning, computation and filing

We are experienced in tax planning, computation and filing for both businesses for profits tax, and individuals for salaries tax.

Company incorporation and corporate services

Our corporate team helps clients set up companies in Hong Kong and provide the following services:

• Liaise with bank for bank accounts opening
• Serving as registered office and correspondence address
• Arranging and attending meetings of directors and shareholders and preparation of minutes

Bank account opening

We understand that it is extremely difficult to open a bank account nowadays in Hong Kong, especially for newly incorporated entities. We are happy to help finding you a suitable bank for bank accounts opening.

Business Valuation

Equity valuation for deal consideration determination.

Distance Business Programme (“D-Biz Programme”)

Ethan Management Services Limited is a listed IT Service Provider of the D-Biz Programme to provide online / cloud-based financial management systems services.
Our D-Biz Programme IT Service Provider reference number is SP-527-440.

Overview and Objectives

Remote working or service has become a new trend against the backdrop of the epidemic. Under the Anti-Epidemic Fund, the Innovation and Technology Commission (ITC) has launched the Distance Business Programme (“D-Biz Programme”) to support enterprises to continue their business and services during the epidemic, the D-Biz Programme provides funding support through fast-track processing for enterprises to adopt IT solutions for developing distance business. The Hong Kong Productivity Council is the Secretariat of the D-Biz Programme.

For each IT solution and the relevant training expenses for the employees, the funding ceiling is HK$100,000 (with funding for the relevant training expenses capped at 10 per cent of the IT solution cost). Each enterprise may receive total funding of up to HK$300,000 to undertake a project to be completed within six months.

An enterprise will be disbursed a payment of 30% of the funding amount after the application has been approved. Upon completion of the project and after the supporting documents are accepted, the remaining funding amount will be disbursed to the enterprise.

Funding amount

Online/cloud-based financial management systems funding scope

Adopt computerised system to manage the financial related processes of the company, including but not limited to:

- Invoicing and bill collection, accounting and budget planning, asset and liabilities management, regulatory compliance, reporting

- System could be cloud-based or accessible remotely by staff with appropriate cybersecurity protections

Contact Us

Unit 1701, 17/F , The Sun's Group Centre,
No. 200 Gloucester Road, Wanchai, Hong Kong