Latest news for your Hong Kong company
Why is Hong Kong’s tax system attractive to businesses?
August 11, 2022
Hong Kong is known to have one of the most business-friendly and straightforward tax systems in the world. And no, Hong Kong is not tax-free; it has a low-rate tax system and a lot of added benefits. Moreover, Hong Kong business taxes are based on a territorial taxation system.
5 Productivity Hacks for Hong Kong Entrepreneurs
July 27, 2022
Whether you are a start-up entrepreneur or are already running your Hong Kong business, you aim to thrive in your field. They say hard work and dedication is the key to success. But the truth is having an easy, productive day can lead to wonders for a business. This article…
Why is incorporating in Hong Kong the best choice for your startup?
July 14, 2022
In an effort to foster unicorn firms and advance the expansion of the new economy, economies throughout the world are making little effort to support start-ups, which are regarded as engines of economic progress. According to Invest Hong Kong’s (InvestHK) Annual Startup Survey, the number of start-up businesses in the…
Why is Hong Kong Still a Preferred Destination for Entrepreneurs?
June 30, 2022
For many entrepreneurs in the Asia-Pacific area, Hong Kong is a competitive platform. Hong Kong attracts many international company registrations and investments due to its tax benefits, ease of expansion, ease of doing business, free market, and friendly legislation. Companies in Hong Kong however also require expert assistance with…
Starting a Tech Company in Hong Kong-Guide
June 10, 2022
If you believe that startups just refer to new technological firms, you should read this article. Contrary to popular belief, a startup is a young firm started by one or more entrepreneurs with the purpose of developing new products or services for the market. These tiny businesses are then taken…
Why Your Hong Kong Business Should Move to Digital Accounting?
May 19, 2022
The way we bank is evolving in an increasingly digital environment. You may have heard about digital banks while considering establishing a business in Hong Kong, but are unsure how they may help you manage your company more efficiently. Read on to see how these inventive new platforms, as…
Special Purpose Vehicles in Hong Kong – Everything you need to know
May 5, 2022
A Special-Purpose Vehicle, or SPV, is a separate legal entity, usually in the form of a Hong Kong private limited company, that is formed for a single, focused purpose, usually investing. Financial institutions and those in the real estate market were the only ones who used SPVs. It permitted…
Hong Kong Standard Industrial Classification Code (HSIC) – Guide
April 19, 2022
Many of you who are starting a business in Hong Kong might not be aware of the term HSIC. The Hong Kong Standard Industrial Classification Code is a system that allocates the economic units in Hong Kong. One such code divides all the units into their relevant industry categories…
Hong Kong Business Formation Statistics 2021
March 18, 2022
One of the significant aspects of an area’s economic growth is its startups. As indicated by the Annual Startup Survey led by Invest Hong Kong (InvestHK), the most recent couple of years have seen a predictable solid expansion in the number of startups across Hong…
How to Write a Perfect Business Plan for Hong Kong Business?
February 28, 2022
If you intend to set up a business in Hong Kong, you must write a business plan for your company. Not just in Hong Kong, but anywhere in the world too. Without a doubt, writing a business plan can feel like an extremely big challenge, especially when you are…