Skip to content

Hong Kong’s Economic Outlook in 2024

Hong Kong’s Economic Outlook in 2024

The Hong Kong economy is counted among the top economies in the world and is expected to grow even bigger in the coming years. The year 2024 posed some problems but also opportunities for the Hong Kong economy. It has undergone a few transformations, which have created numerous opportunities for investors and businesspeople. The post-war
Read More

Navigating Hong Kong’s Bureaucracy: Common Challenges and How to Avoid Them

Being an exceptionally vibrant and dynamic place, Hong Kong ranks among the world’s top financial hubs. Strategically placed, well-equipped with ultra-modern infrastructure, and with an open system of law, it has proved to be an attractive destination for businesses and investors. However, its sophisticated bureaucracy and landscapes in administrative tasks uniquely challenge investors and new
Read More

Understanding SSIC Codes: A Comprehensive Guide

Singapore Standard Industrial Classification Codes or SSIC Codes are the backbone of Singapore’s business landscape. SSIC codes are used across industries to classify and categorize businesses, which helps government agencies, investors, and owners of companies navigate the labyrinth of regulatory requirements, market analysis, and strategic planning. For any business operating within Singapore, from startups and
Read More

Restaurant Industry in Hong Kong: What licenses do you need to enter the market?

The gastronomy industry in Hong Kong is thriving at a quick rate. High cultural diversity and creative culinary techniques have transformed this city to accommodate thousands of food-serving houses, from street sellers to Michelin-star restaurants. But behind this success story is the tough requirement of licensing regulation for opening a restaurant in the city. Obtaining
Read More

Why Globalization Matters: Five Reasons for Going International and Expand to Hong Kong

Growth and profit are major concerns for many entrepreneurs, and globalization is a potent tool for achieving both. Expanding a business into other markets, or globalization, presents significant chances for long-term corporate stability, diverse revenue streams, and expanded market reach. Entering new markets can improve a company’s competitiveness and resilience, which can also bring cultural
Read More

Digitalization in Hong Kong Businesses 

Increased internet usage was one of the major factors that led to digitalization in Hong Kong’s huge success. At the beginning of 2024, Internet penetration for the country stood at 95.6 percent.  The number of Internet users in Hong Kong at the start of the year was 7.17 million. The more people have access to the
Read More

How to set up a Stripe account for your Hong Kong Business

Hong Kong remains one of the best places to start a business in the world. The strong banking system combined with a solid legal framework makes Hong Kong a very safe place to start a business. Business operations are quite highly efficient and safe owing to the financial sector in Hong Kong. Stripe has proven
Read More

Setting Up a Real Estate Agency in Hong Kong

The Hong Kong property market is currently among the largest in the world. There are ample support infrastructures efficiently integrated to integrate technology and innovative ideas, making Hong Kong’s real estate market a home for thousands of global investors and business personalities. Furthermore, Hong Kong’s real estate market is highly dynamic. It has a robust
Read More

Register a Crypto Company in Hong Kong in 2024

Hong Kong deserves to be one of the most lucrative places on the planet. Hong Kong attracts people in business and investors from all over the world to invest in the financial sector due to its importance on the international level. Advances in digital technology have called for many changes in Hong Kong’s financial industry.
Read More