Start your new Hong Kong company, ALL ONLINE!
A balance sheet of a Hong Kong company is one of the most critical financial statements it will produce on a quarterly or monthly basis. Representing your total assets, liabilities, and net worth, this document provides a quick look into your financial health. It can assist in informing lenders, investors, or key stakeholders about yourRead More
No matter what your business domain is there will be a time you will need a virtual office. Even if you are a specialist occupied with accounting, sales representation, law, or another business; a virtual office in the Hong Kong business landscape is a great option for startups or small businesses. Virtual Office for HongRead More
As the name suggests, the Annual general meeting is the meeting of directors and shareholders on an annual basis to talk about essential matters and reports of the company. It is necessary to hold the general meeting annually for all the companies. Also, it is thus called Annual General Meeting or AGM according to theRead More
If you are earning money, you must pay taxes, and there is no way you can avoid it. It is essential to pay taxes in order to build the nation. Unlike other employees, self-employed individuals should not let their taxes be automatically deducted from what they earn. Therefore, if you are a freelancer or self-employed,Read More
Your startup needs some serious funding for entrepreneurial success. Angels and venture capitalists contribute to wealth, investment, and mentorship opportunities. Just ensure that you pitch your business idea with your utmost grit. Needless to say, Hong Kong is the best when it comes to global investment. Not only in investment, but it is also bestRead More
One of the leading centers for both finance and commerce is Hong Kong. It is a gateway to investments in China and the rest of Asia. You can easily incorporate Hong Kong companies with the name of your choice. With so many amazing facilities, it is easy to form businesses in Hong Kong. Though HongRead More
Everyone may have heard of the dropshipping business. If you are an e-commerce junkie, it may be possible that you are already doing a considerable volume of dropshipping products from suppliers worldwide. But even if you are not interested in knowing about dropshipping business in Hong Kong, this article is still for you. Millennials areRead More
Hong Kong is one place for all budding entrepreneurs who want to start their business overseas. Hong Kong is an attractive option because of its living standards and appealing way of doing business that offers advantages that are unique. It does provide a strategic business location which further acts as a gateway to growing mainlandRead More
2021 is the fresh start after a roller coaster ride in 2020. There is no real timeline estimate of when this pandemic will leave, and things will get back to normal. Starting a new business was only a dream in 2020 but 2021 came in as a ray of hope, and things are a bitRead More
No matter what your current business stage is, both auditing and keeping accounting records in Hong Kong are equally important aspects of the business that you shouldn’t neglect at any cost. For most business owners, this is one topic that gives them headaches. But note that it is something that you need to study rightRead More
Hong Kong is one of the Asian countries that showed a great degree of openness towards the fintech industry’s development. Cryptos and blockchains have benefited from its favorable business environment, and the number of startup companies in this field has grown in recent years. Hong Kong is a stand-out from other Asian countries because ofRead More
With the way businesses are changing, it has become crucial for founders to manage all the shares in the company and keep track of their cap table. And even though a cap table is simple in the beginning, as the company grows, it becomes more complex. Due to this, you shouldn’t keep your cap tableRead More
Wishing you and your business a prosperous and abundant Lunar New Year in the Year of the Ox! May God always bless you, your elders always guide you and your peers always provide you company in whatever you do. May all your wishes be fulfilled and your happiness be without limit! Office Closure: Startupr’s office will be closed from theRead More
For any Hong Kong incorporation online or offline, it is essential to consider having a partnership with a platform that will help increase the knowledge and expertise that help you reach a greater audience. The Czech Chamber of Commerce is a platform that helps various business leaders to connect together in one place. This isRead More
Whether you are a young entrepreneur or want to expand your business outside your current hub, there are processes and documents you must be familiarized with when it comes to registering your company in Hong Kong. The first step is to apply for a limited liability company with the Companies Registry. At the same time, youRead More
It’s Christmas time again! We at Startupr Hong Kong Limited, are preparing to spend this festive season with joy in our hearts. We wish you and your family a merry X’mas and a happy new year 2021. We would also like to thank our loyal customers and partners from the bottom of our hearts forRead More
After you incorporate a Hong Kong company, you will need to register it at the Inland Revenue Department in order to apply for your Business Registration in Hong Kong. This certificate is required on display at the address you have used to register your company. This must be done once you have decided to openRead More
So you’ve decided to expand your business and open a subsidiary company in the heart of Asia, Hong Kong? Or you’re looking to widen your presence on a global scale? If so, we have some tips for you to follow. Hong Kong is known for being Asia’s World City. For the last two decades, itRead More
Have you planned everything about the incorporation and registration of your business in Hong Kong? What do you think, ‘what should be your next step? Many people start wondering about the procedure for bank account opening in Hong Kong. As a matter of fact, it is always advisable to keep a separate line between personalRead More
With the economic turmoil of the American and European economies, many global business people have started planning to explore Asian countries more. Among the choices, Hong Kong is always at the top of the list. Among the main reasons why Hong Kong ranks at the top of any entrepreneur’s list when it comes to startingRead More
Under Hong Kong companies ordinance, every incorporated company in Hong Kong is required to file an Annual Return form (NAR1) at the Companies Registry on the anniversary date of its incorporation. However, the Financial Secretary of the Hong Kong Special Administrative Region, Mr. Paul Chan Mo-Po, proposed one new relief scheme for Hong Kong-based companies.Read More
If you are one of the thousands of business owners starting a company in Hong Kong, you must know by now that you need to have a bank account to operate your business activities. Being a special administrative region of China, Hong Kong is a significant business hub and financial center in the Asia-Pacific region.Read More
Being an international finance and business market, Hong Kong acts as an important spot for investment. Hong Kong is committed to strengthening its position for being a wealth creator and investor in the region. The city has taken steps with the passing of the Limited Partnership Fund Ordinance to establish Hong Kong as a leadingRead More
Are you thinking of starting an eCommerce business in Hong Kong? Being a record-holder of one of the freest-economies in the world, Hong Kong has become one of the best places to set up an online business. E-commerce is a growing field that offers investors significant opportunities to stay connected with a global audience inRead More
Planning to de-register your limited company in Hong Kong? Though it is a hard decision to make, if you have decided to call it quits, you must follow the right procedure to close your Hong Kong company. Each limited company must be renewed every year after incorporation, no matter if your business is still operatingRead More
While running a small business in Hong Kong, keeping a tight grip on the finances is a good practice for achieving success. However, handling all the business finances can be a complicated and quite time-consuming task. Some small business find it challenging to cover all the business basics from paying the bills to tracking theRead More
When you start operating your company activities, you may hear the terms bookkeeping and accounting thrown around. There must be many times when you will also hear these two terms used almost interchangeably. However, there is a difference in bookkeeping and accounting in the business firm. Small businesses may have different functions in both areas,Read More
Over the years, Hong Kong has become an important destination for foreign investment and its thriving startup scene. It is expected that foreign investments in the business sector will continue to grow. For companies who want to have a presence in Asia with access to large markets and business advantages such as low taxation, formingRead More
Curious about how retirement plans work in Hong Kong? Or what the steps are for setting up a retirement savings plan for your company? Retirement plans are set up under a Mandatory Provident Fund in Hong Kong, introduced by the government in the early 2000s. This has led to the framework of retirement plans thatRead More
Starting a new international company with a good business idea can be an exciting time for new entrepreneurs. However, careful consideration and the final decision to start a trading company in Hong Kong requires a lot of research. Without understanding the procedure, the required licenses, and the benefits of operating an import/export business in HongRead More
Ever thought of internationalizing your business? In a bid to experience the maximum benefits of launching a business in Asia, entrepreneurs from around the world are looking to start an offshore company in Hong Kong. Starting a company in Hong Kong offers numerous opportunities and benefits to new startups, in the form of low taxes,Read More