Your new Hong Kong company in hours – pricing starts at $79. Answer a few quick questions and get back to business! We’ll take care of all the complicated paperwork, administration, and setup. At that time, I was a French tax resident, I was mainly doing online freelancing work, and I needed some kind of business entity to be able to work legally.
In France, the easiest way to get started online is to declare yourself as self-employed. It is very fast (less than a week to receive all the confirmation papers), it’s free, and there is no question asked. However, two years later, as I gradually moved out of freelancing to build information websites, I quickly understood that were three major flaws in this self-employed status that would limit my growth. That basically means that you are fine as long as you don’t have any expenses. For some time, I only had to pay my website hosting fees, but after two years I wan.
See full list on marcoschwartz. I made a lot of research online, in order to find what I could to open a business somewhere else than in my own country. Ideally, I needed to go somewhere that doesn’t require a visa or permanent residence to open a business, somewhere where it was cheap to open a new business, and also a place with low corporate taxes. I also wanted a place with a stable government and with a good reputation in international business. And after a lot of researches, the name of Hong Kong came up a lot.
For example, I read an excellent articleon the topic by Dan Andrews on the TropicalMBA blog. I decided to go for it and open a company there. When you have your appointment at the bank, it is time to think about getting on the ground. I requested an appointment quickly, so I had to take my plane tickets on quite short notice (two weeks before the appointment).
However, if you are not in a hurry, the trip to Hong Kong can be much cheaper. I went there with Aeroflot, but you will find many plane companies flying to Hong Kong depending of where you are flying from. As usual, I used AirBnB to book accommodation nearby the place of the meeting with the bank.
Everything was set, and I took my plane to Hong Kong with a three hours stop in Moscow. I arrived there on the morning of the meeting (which was in the early afternoon). After I got back in Europe, I quickly got the SMS confirmation that my bank account was activated. First comment: don’t do that.
The first step after I came back was then to put some money on the Hong Kong bank account, first to pay the bank opening fee (about $50). For that task, I used TransferWiseso I don’t have huge bank transfer fees to pay. The second step, and the longest, was to get all business activities over there, and to open a merchant account.
In about a week, my money was over there. A merchant account is basically what will allow you to receive payments. I went for Paypal quite naturally, as they are in Hong Kong and they are well known. In less than a day, my documents were verified and I had a business Paypal account up and running. Moving most of my online activities was easy: I am using oDesk to pay my contractors, and they accept Paypal.
Same for some SaaS applications I am using to run my business, like website hosting. To sell my digital products, I am using Gumroa which then directly tr. So should you open your own business in Hong Kong? Well, as usual, it depends.
You need to choose based on your current revenue first. I simply got an excel sheet and calculated my remaining income at the end of one year, based on my current yearly income, with two scenarios: self-employed in France, and with a company in Hong Kong. Because there are some additional expenses that comes with a Hong Kong company, like having a company acting as your company secretary (about $5a year), it only made sense for me after a given level of yearly income.
You also have to decide based on your available options in your country in terms of business entities. For examples, in some countries it is very easy and cheap to form a LLC (Limited Liability Company), whereas in France for example it was very costly and complicated. Finally, if you are doing any business with mainland China, it makes sense to form a Honk Kong business for that reason only. As I made more research when coming back from. You can choose to do almost all of your application online or you are welcome to come to our conveniently located offices and we will personally and patiently take you through the entire process one step at a time.
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I had both but got rid of the PPQ because I shoot the VPbetter. The VPmag release is considerably wider than the one on the Gen PPQ. Company name – The name of your company must pass approval before your Hong Kong company can be incorporated. Directors – Hong Kong requires at least one director, with an unlimited number of maximum directors permitted. Directors can be a person or a company, and they can be any nationality.
For many companies, the city’s role as a super-connector to China and the innovations hub in the Greater Bay Area gives it an enormous edge. Fun Gun Reviews Presents: The HK PSemi-Auto pistol. Heckler and Koch quality and craftsmanship are world renowned and the Pis no exception.
HK ’s creativity has been shown in its use of reinforced polymers, polygonal rifling, hammer-fired systems, interchangeable backstraps and grip side panels, and recoil reduction systems. The HK Pis a well-respected and high-quality compact hammer-fired handgun that uses many of their time-proven designs and features and is available in 27. In this review , we’re going to help you get a clear picture of what you can expect from the VP9.
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