What news in Xero and Company Registry!?

Xero now receives direct bank feeds from DBS

We’ve got great news:

Xero now connects to DBS accounts! Once set up, Xero automatically imports and displays bank account transactions from DBS each business day. That way, you and your clients start the day with an up-to-date view of their business’s financial position.

It’s easy to set up direct feeds

Clients who already have a DBS business account just need to follow these simple steps. The feed will start within 24 hours from the time of application – and we’ll notify them by email when it’s set up.

3 months free for new Xero users

For any new clients bring onto Xero, we’re offering 3 months free for business edition subscriptions when you connect their DBS bank account in Xero. Note that this offer applies only to DBS customers who are new to Xero.

Get started on DBS with this exclusive offer

For every new DBS account opened and connected to Xero, our friends at DBS are offering a three-month waiver on selected DBS IDEAL™ online banking fees from now until 31 December ​2017. For more details and to apply online, just go here.

Xero now receives direct bank feeds from HSBC


Xero brings in bank transactions from HSBC Hong Kong so you can start each business day with a real-time view of your cash flow.

滙豐與Xero合作 簡化中小企會計程序


Xero 首席執行官兼創辦人Rod Drury(右)表示,滙豐在港、星的小企用戶,可即時申請服務。

Get a real-time view of your cashflow


Log in online anytime, anywhere on your Mac, PC, tablet or phone and see up-to-date financials. It’s small business accounting software that’s simple, smart and occasionally magical.

Expiry of the Revenue (Reduction of Business Registration Fees) Order 2016
(20 March 2017)


The Revenue (Reduction of Business Registration Fees) Order 2016, which reduces the prescribed business registration fee by a sum of HK$2,000 at present, will expire on 1 April 2017. Please refer to the website of the Inland Revenue Department and the business registration fee & levy table for details.

With effect from 1 April 2017, all applications for incorporation of local companies and applications for registration of non-Hong Kong companies delivered to the Companies Registry using the One-stop Company and Business Registration Service must be accompanied by the correct business registration fee and levy.

The Registry anticipates that there will be an upsurge of incorporation applications in the last two weeks of March 2017. We will redeploy resources to maintain a quality service as far as practicable. However, it is possible that we may not be able to meet the performance pledges for our services at times of huge influx of incorporation applications. Please refer to the suggested measures for delivery of applications and documents to the Registry.