Businesses in Hong Kong are increasingly integrating physical and digital retail experiences. While incorporating offline elements such as pop-up stores, the O2O model enables companies to operate online around the clock. Approximately 78% of merchants perceive this as a competitive advantage. It is also interesting to note that Hong Kong is ranked among some ofRead More
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-warRead More
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 newRead More
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. ObtainingRead More
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 culturalRead More
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 theRead More
Hong Kong is indeed one of the best places in the world when it comes to finance. Investors and entrepreneurs from all corners of the world are interested in funding Hong Kong’s financial sector. The fact that Hong Kong has a strong banking system and strict control of the market rules makes the city theRead More
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 provenRead More
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 robustRead More
Thousands of people dream of having their own business, and only a few can fulfill that dream. This is because they follow the correct path and focus on the steps they are taking. If you also aspire to start a business, then you cannot have a better place than Hong Kong. It is very excitingRead More
In recent years, entrepreneurs from all over the world are investing in different locations to expand their businesses. There has been an increase in the number of offshore companies during this time. And if you are in search of a suitable location for setting up an offshore company, then there could be no better placeRead More
It is mandatory to register your business with the Inland Revenue Department (IRD), Hong Kong. If you want to start a business in Hong Kong, you need to have a Hong Kong Business Registration Certificate. For that, fees have been set by the government which was provided in the Revenue Order 2022. But, the RevenueRead More
An invoice, or bill, serves as a detailed record of the goods and services that have been provided to customers. Having clear invoices can help you keep track of all your transactions and ensure that you get paid on time. In Hong Kong, an invoice must include certain information in order to be valid. ThisRead More
Known as one of the world’s freest economies and an important economic powerhouse in Asia, Hong Kong is a great place to open your business or your regional headquarters. As per the last data by the Census and Statistics Department of Hong Kong, there are around 1,530 regional headquarters for MNC companies in Hong Kong,Read More
Hong Kong is one of the most liberal economies in the world. Therefore, forming a business in Hong Kong is fast. Its lack of legal barriers to starting a business, business-friendly atmosphere, and low company incorporation costs attracts business people. In this article, you will learn how to open a Hong Kong company, how toRead More
Hong Kong can go up swiftly on your list. With the benefits of free trade, enviable market access, and a skilled workforce, it ranks highly on lists of the greatest economies for business. The Hong Kong government intends to reduce the government charge for renewing a business certificate and the lodgement fee for a businessRead More
Are you looking to get all the updates about the Hong Kong budget for 2022? If yes, then this article is for you. The article will elucidate all the most important budget updates for your business. Keep on reading to see how the 2022-2023 Hong Kong budget may affect you. Hong Kong Budget 2022 –Read 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
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