Traditionally, opening a business bank account in Hong Kong can be a daunting task, as there are several steps and procedures to go through before you can open an account. Nowadays, banking alternatives are emerging as new banking solutions, good news for online businesses looking for more business bank account options for their e-commerce store. […]
Hong Kong is a commercial hub for online sellers, especially for those selling on Amazon. However, there are costs and fees associated with selling online in Hong Kong which can vary depending on various factors such as the size of the business, the nature of the products, the storage location, etc. These costs and fees […]
As a major import/export center, Hong Kong offers entrepreneurs a wide range of partners and logistics arrangements for shipping your goods. Are you an online retailer with an emerging market in Asia? Or have you set up a new business with the intention of trading in Asia? If so, you’ll probably want to ship your […]
A shareholder may or may not be from Hong Kong. It may be an individual, or possibly a legal entity, such as a liquidator, individual owner or a company. Given the different ways to sell shares in your company, it can be difficult to determine the type of structure you want for your shares. Between […]
Despite Hong Kong’s attractive tax environment, business owners cannot completely escape paying taxes. But how are businesses taxed and what types of taxes are they subject to? For small business owners who have set up or are considering setting up a business in Hong Kong, it is essential to work on tax avoidance schemes in […]
Hong Kong is an ideal place to set up a business because of its dynamic business environment, political stability and access to the global market. The city’s strategic location gives entrepreneurs easy access to both mainland China and the rest of Asia, making it an excellent starting point for businesses seeking international success. In addition, […]
Some events tend to trigger demand increases in certain sectors, such as Black Friday, Cyber Monday or Christmas. All these holidays take place over short periods of time and create busy seasons in terms of shipping and operations. During these busy seasons, managers need to think ahead and prepare their business for changes in demand. […]
What does the term “offshore” mean? The definition of the word “offshore” has many different meanings. Originally, the word was used to describe situations or elements that were not located on the coastline of a country or island. For example, the term “offshore” can refer to a person moving to a foreign country. A ship […]
The almost island welcomes every year nationals from more than 170 countries from all over the world. They can visit Hong Kong without a visa for periods ranging from 7 to 180 days. Please note, however, that if you wish to move to Hong Kong to live, work or study, you will need to obtain […]
Creating a company in Hong Kong: complete guide, steps and conditions Although Hong Kong has faced difficulties with the Covid-19 pandemic, as well as increased competition from more flexible and business-friendly jurisdictions (such as Singapore or Dubai for example), Hong Kong remains the most coveted city in 2022 because of its tax incentives for startups. […]