Guide to opening up a business in Hong Kong

Hong Kong is one of the main investment areas today. One of the main reasons behind this is its locations and accessibility. It is located at the heart of Asia making all other Asian markets accessible. There are some simple steps that one might opt to follow in order to start a Hong Kong business. These steps aim at simplifying the process of business opening in Hong Kong. When it comes to opening any business, time and affordability are the main factors that should be considered. With these steps you will be able to save time and save some money for the process to be successfully completed.

Steps

The steps to take include;

1. Type of business- Make a decision on the type of business that you want to open. Ensure that you take a look at market and find out if the business you intend to open will be successful. This will also guide you on the best area to open up the business.

2. Get all the necessary documents- research online and find out all the necessary documents that will be required in order to open up the business. Make several copies of these documents so as to have them ready when required. This information is readily available on the government website.

3. Choose the best method of opening the business- there are mainly two ways of opening up a business in the region. You can either opt to start up the company from scratch or buy a shelf company. A shelf company is an already registered company that is for sale. The benefit of shelf companies compared to new companies is faster registration procedures. Ensure that you research on the benefits and disadvantages of both processes before choosing any specific method.

4. Find a business consultant- a local business consultant will be able to provide you with all the necessary consultation services to hasten the process. This is also one of the best methods of avoiding scams.

5. Choose a name- choose a name that greatly describes the intended business. Even in the case that you opt to buy a shelf company, it is advisable to change the company name once the whole process is complete.

6. Start the opening process- once you are able to follow all the above steps, you will be readily equipped to start the process with ease. This should be done as fast as possible in order to avoid time wastage.

Knutsford-TerraceApart from the perfect commercial hub that Hong Kong is known for, this city also acts as a perfect residential place for very many individuals. There are a number of factors that draw people to this city making to be one of the largest cosmopolitan cities in Asia. Ranging from its spectacular scenery, busy night life and its expansive site, this is one of the greatest cities that Asia could offer. Moreover, the high level of security that is ensured by the security forces also makes this city very attractive to many residents. Another major boost to this city’s population is the multilingual nature of most Hong Kong occupants making interaction and fitting in of new investors a rather simple task. The major languages used for business purposes are English and Chinese in as much as a greater percentage of the natives use the Cantonese language for informal communications.

Hong Kong also proves attractive to many individuals due to the ease of finding residential places. Unlike other major cities which experience hardships in sustaining their population, this city has room for all its occupants and finding a house of residence is similarly easier. Depending on your financial status and preference, you can have a house of your choice in Hong Kong. It doesn’t matter whether you prefer high class apartment in the developed parts of the city or simple traditional homes in the country sides bordering Hong Kong. The various real estate agents that are present within the city are often more than willing to assist visitors to settle down with least efforts possible. Even those who are in Hong Kong for short term business trips have reasons to smile as the city pays home to many well serviced apartment that are out for short term renting.

The city’s current robust population can also be accredited to over fifty International learning institutions that are based within it. These offer varied curriculum of different countries including UK, German, Japanese, Korean and even Canadian which in turn attract many students from the respective nations. The healthcare system that is offered in Hong Kong also seems to play a major role in attracting residents. A wide range of healthcare services are offered by qualified professional at relatively economical prices. Lastly, the exciting social life experienced in this city also attracts people. It is massively endowed with many pubs, chambers of commerce and networking clubs which make it a perfect residential hub.

 

 

下载When you hire the search engines optimization business to enhance your website naturally, you should know a little regarding organic SEARCH ENGINE OPTIMIZATION. It is a procedure and ranking of the site here rely on the quality of a web site. There is not any direct price involve to get higher rank. You may get higher position only if anyone work hard for you to optimize your website on-page, which is keywords, along with off page, that is link building. Both these two different types of optimization perform important role within your sites position. When you can get top quality back links for the site, you will get larger ranking upon search results. This action needs a lot of work and individual.

Search engine optimization is really a time taking procedure. Alongside on page along with off page optimization, there are numerous small methods you need to follow with regard to better position. With regard to desired rank, you need to apply all of these techniques with each other. Its consist of keyword evaluation, link building as well as link reputation, directory distribution, social networking and so on. Make sure the business you are employing for SEO objective practices simply white hat technique.
What exactly is white hat technique? Key word evaluation, directory submitting, social networking along with link building or popularity building usually are white hat technique. However ensure you get back link as well as link to just good quality sites. Connecting to link companies or obtaining back links through spam sites would be harming to your site. Or, when the company you will have hired with regard to SEO, providing you with back links only from sites or social networking guide marks, after that it is barely an effective SEO business.

How you can find a trusted SEO business who will exercise simply white hat techniques? Talk to your buddies, business lover or earlier clients that have earlier caused the business. The thoroughly tested Hong Kong SEO business will be usually a reliable one. SEO specialist here will not link your web site to a junk website or to a hyperlink firm. Most importantly, read the recommendations. This will likely assist you to know what sort of a business it really is. And when it is a great search engine optimization company, they are going to follow a specific strategy to enhance your site, for example examining competitors online marketing strategy, keyword along with competition evaluation, etc. and will make you stay updated regarding all these numerous actions.

Hong Kong is one of the busiest cities in the world with a high population of around 7million. This means that there is enough man power for your company. You should know that Hong Kong has some of the best international educational institution that provides some of the best international business curriculum. In simple term, Hong Kong has all the necessary types of professionals that you would like to employ in your business or company.

This city is located right in the middle of Asia and it is the only English speaking city in Asia. This makes it the best gateway to use in case you are interested in penetrating through the Asian market. The government of Hong Kong has done all it can to open up for the international trade. Some of the measures this government has taken to ensure this include;

Imposing only three types of tax and getting rid of some of the most costly taxes. In Hong Kong, only three types of taxes (profit tax, salaries tax and property tax) are imposed on all investors’ i.e. local investors and foreign investors

The government treats both local and foreign traders the same way without favoring any side. This makes it very easy and comfortable for foreign investors to carry out their business activities in Hong Kong.

The Hong Kong immigration department is very friendly. It allows for an investor to move in with his family regardless of the number of people making up the family. Apart from this, Hong Kong provides you with the right type of house that will fit you and your family comfortably.

In case there is a need for you to import a professional for a specific reason in your company, the Hong Kong immigration will be of a very great assistance for you. In most countries, it takes so much time before the paper work for such individuals are processed and such processes include things like investigating such individuals which seems not to be very friendly.

The Hong Kong ports are also in the best condition and they also have some of the modern technologies that are required to ensure safety of all your products. The time and process taken to clear goods from the ports are simple and fast and this creates a favorable environment for carrying out business. The port services are affordable and no tax or other extra fees are demanded from you.

 

High superiority infrastructure is crucial to the economical operations of any business. Hong Kong offers one amongst the foremost advanced business infrastructures within the world, including:

Award-winning landing field

Hong Kong International landing field is one amongst the world’s busiest international airports and a hub for many international airlines. It’s one amongst solely 3 landing fields within the world with a 5-Star Skytrax rating and has been hierarchal the world’s best international airport for eight of the past 12 years. Getting to and from the landing field couldn’t be additional convenient. The journey time between the central downtown and therefore the landing field is simply twenty three minutes on the landing field express rail link, and in-town arrival is out there up to every day before departure.

International connectivity

For business associates, maintaining different markets from Hong Kong is easy. Flights are accessible to quite a hundred and eighty cities, as well as forty eight locations in Communist China, with fashionable destinations usually served by multiple daily flights.

State-of-the-art communications

Hong Kong has one of the best telecoms infrastructures that permit users to figure efficiently and impeccably – at really reasonable rates. The 3G and broadband networks cover virtually 100% of the territory, providing firms and people with reliable, accessible and secure communications. In the economic e-readiness survey by Intelligence Unit in 2010, Hong Kong was arbitrated to own the most affordable net and transportable services in the world.

An international provision and shipping centre

The natural problem port and commerce history has created town one amongst the  major international ocean and air loading hubs in the world, accounting for pretty much a 3rd of exports of Communist China. Being an ideal loading hub, Hong Kong managed an airfreight of about 4.03 million tonnes in 2012. Its ocean ports were busy with berths in Shenzhen and Hong Kong together making the busiest international sea loading region.

An easy commute

Reliable, economical and extremely affordably priced, transportation service of Hong Kong is foremost. Ninety percent of the 11.5 million everyday traveller journeys are on commercially operated trains, trams, buses underground and ferries. Public transportation charges are low, normally costing below $1 per journey. Taxis of Hong Kong are even bountiful, affordable and most drivers speak enough English to induce you efficiently to your destination. Hong Kong’s convenient transport network unveils a wealth of options for businesses and families. Firms seeking less expensive workplace locations can move off from Hong Kong’s central business areas while remaining among straightforward motion distance for employees and purchasers.

When you start a small business in Hong Kong, you will need funds. Businesses without the capital will struggle within the first six months. There are a number of options available for those in need for businesses. It is important to look into each of the options and determine the best one for your needs.

A Business Loan

A business loan is often one of the first thought of options when looking into funding but they are not necessarily the best. Loans can offer a quick way to gain the money that you need and then pay it back over a period of time. It also gives your business the chance to build up a credit history for later needs. There is interest paid on the loan and it works similarly to personal loans and mortgages.

You will need to have a business account, in the name of your business, and a strong business plan. This plan will need to show how you believe you will build the equity over the years, the type of profit you expect and how you will spend the money. It is important to spend the time building up the business plan – this will also help know the direction that you want to take your business in the future.

You Own Savings

Many people consider using their own savings for their business as a form of investment. Investing in your business should offer you a retirement fund but, like all other investments, there are risks to it. It does not guarantee that others will invest into your business but can lower the risk of having to default on a loan if the profits are not as expected.

Always make sure you have a business account. Using your own personal account for your business will mean that you are financially linked to your company. This could mean that investors and other businesses will go to you personally to recoup the money should your business fail.

Looking for Investors

Investors are a great way to help fund your business. This is seen on the stock market on a daily basis. Hong Kong businesses offer shares in the business for a set amount of money and the investors gain a share of the profits on a monthly and yearly basis. Many businesses opt for this option but you will need to make sure you keep the main share to make the main decisions – losing more than half of the business means that you will struggle to make decisions for your company.

You are not guaranteed investors into your company. They will want to see the profits you are making, the business plan and want to input ideas into how the business is conducted. You will need to determine the amount of shares you are willing to offer and the amount that you want for those shares, which can take time and effort. There are also different types of investments to consider, including private equity funds and stocks.

Take your time to determine the best form of funding for your business. There are government grants available, which may be worth looking into. These grants are not repayable and will help to get your business started. Having forms of funding will help you grow and succeed. You can opt for different methods at different points if you decide that you need more funding and you have become successful enough to look into investment and loans.

As a regional business hub of Asia, a lively and dissimilar services sector have been boosted by Hong Kong. A number of service companies have found the geographical location of Hong Kong to be suitable for them to offer their service to their clients, particular for those who live in Mainland China. This has made it possible for a good number of service companies to establish within the region.

Industrial Testing

The detonation in the manufacturing as well as export in Mainland, China has benefited testing of product that is Hong Kong-based, inspection together with certification operators. in particular, Hong Kong to be a place where industrial testing proficiency can be found because of the manufacturers who are found in the Pearl River Delta.

A product testing that is considered to be world class and a quality certification as well as reliability can be offered by Hong Kong. The process of testing and certification service is efficient and provider has professionally maintained the integrity of their work has made it possible for foreigners to build trust in the inspection as well as the testing operation of Hong Kong. Clients are sure of being offered testing and certification services since Hong Kong is considered to be a home to a number of testing centers that are international plus certification operators.

Executive Enrollment

Hong Kong is known to be an international commercial and financial centre that has developed. A huge market that has been used for executive search together with business are based on human consulting are part of these establishment. Both the local and international talent pool of the city is remarkable. A liberal and open immigration system has been maintained by the government in addition to the continuous effort in advances education together with training.

Lawful Services

A suitable geographical area for business across the region and the international law capital of Asia is Hong Kong. 70 law firms that are international and not less than 780 firms of local solicitors are hosted in Hong Kong. In Hong Kong, there are not less than a half of the Global 50 law firms. Lawful services providers are offered a very conducive environment in Hong Kong.

Contacting the Business &Professional team of InvestHK would be the best thing if you consider having a lawful service business as well as to get more information opportunities in Hong Kong.

33Your Hong Kong Funds Investment Entrant Plan was first introduced within October 2003. The aim of this system is to permit fairly well-off individuals to come to HK along with occupy residency while not having to participate in or set up an working business. The Scheme guidelines are examined through the Immigration Department regularly.

To be eligible for this funds expense visa, 10 Million Hong Kong Money is needed to be committed to ‘qualifying investments’ (which doesn’t include actual estate).The main cut and forced of your Capital Investment Entrant Plan (“CIES”) implies that should you commit HK $10 million money into Hong Kong’s overall economy, it is possible to obtain a visa to consider up residence within the HKSAR.

Firstly you will safe a two-year amount of stay that is after that, susceptible to having taken care of the 10 million HKD within the qualifying opportunities, extendable every single two years for up to 7 years. When you’re able to 7 many years continuous regular residence, you can sign up for permanent home.
Even though you haven’t in fact were living in Hong Kong within all of that period, however have taken care of the visa standing nevertheless, it is possible to safe ‘unconditional stay’ along with in the act free up the actual HKD10m investment with regard to deployment somewhere else. Specifically, at that time it will have offered the process of obtaining your residency within the HKSAR without further guitar strings connected.

Among the benefits beneath the Capital Investment Entrant Scheme system is that you’re entitled to provide your instant family together with you (i. e. your lawful spouse along with unmarried kids under age 18 – that secure reliant visas.

An ailment precedent for you to CIES visa give is that you need to possess possessed the HK$10 million with regard to at least 2 clear many years just before making the application. Furthermore, it’s a key the main application procedure that you have additional funds open to you, besides the 10 million HK bucks, which you can use to fund the lives within the HKSAR in addition to the funds spent to find the visa.
Being approved investments beneath the CIES plan are monetary investments just: because 2010, property no longer matters. These resource kinds are frequently reviewed and up-to-date about the Hong Kong Immigration Division web site – so you spend your money along with take your decision!

Hong Kong is a centrally located business place in the Asian Continent. It is such a pleasant and welcoming place where there is perfect road connectivity. The environment is serine with a fair and free access to information. There are also no tight regulations regarding the conduction of business in the same town. It has a flexible and easy tax imposition programs which can be understood by the ordinary person both from locally and internationally.

Business in Hong Kong is also easy, global and easy to do as the government does not regulate the flow of goods both inside and outside the country. The government is free from corruption and only ensures that the right person gets the right thing. The policies are quite flexible which are favorable to any investor from anywhere in the world.

It also houses a global class business institution with a wide range of products while also being very attractive. It has an awesome infrastructural design which is very convenient for everybody. Talking of infrastructure we mean, the classic roads and the flowery houses in the same city.

It is located in a central place making it really accessible to people from different regions both by air and roads. All this is orchestrated by the admirable market policies whereby they support open exchange of goods and services which are accessible to all regardless of where they hail from.

They also don’t impose trade tariffs, exceptions or blockade to any of the traders.  There are no controls on both export and export investments. In Hong Kong, employment is fair and free where anybody can secure a job apart from the race, citizenship and background. Anybody can secure a job as long as he possesses the relevant papers or qualifications as opposed to some countries, whereby they are very tribal and hence they share the national cakes based on “who know who”.

The government of Hong Kong also provides support to business institutions. It ensures this by ensuring flexible and favorable rule and regulations to ensure ease in the conduction of business. They provide licensing to all those who are willing to invest in the country.

The government also ensures clear transfer of information to the citizen in the country. The media has also the authority to pass any information to public regarding the business in the same country. The government does not control public access of information via internet.

Living in Hong Kong is the most comfortable thing since the people are very friendly and they always welcome everybody with open hand.

Hong Kong is considered as Asia’s business hub and it’s a source of pride. Many companies have trailed their clients and extended their services in Hong Kong. They have realized that the city is a perfect place to serve the clients located across the area, and especially the ones in Mainland china.
Hong Kong-based product inspection, testing and operators who certify have benefited largely from the expansion in production and exports in Mainland China. Particularly, most manufacturers from Pearl River Delta that is Mainland China’s most productive and biggest manufacturing area, favor Hong Kong as being the most appropriate region to look for testing expertise of industries.
Hong Kong is a well-organized international financial and commercial center in Asia and is well known for it. These kinds of establishments involve a large market for the administrative search and human resources consulting field. International and city’s local talent pool is influential. Apart from continuous struggle in investing in training and education, the Government keeps up an open and liberal immigration administration to help the talent of Mainland and overseas enter into Hong Kong.
Hong Kong is an ideal place to establish business across the region. It is a home to seventy international firms, and above seven hundred local attorneys’ firms. More than 50% of the Global 50 law firms have occupancy in Hong Kong.
Hong Kong is home to seventy of the world’s hundred greatest banks and numerous investment houses. This provides opportunities for management consulting in the fields of product development, information technology, finance management, organizational structure and corporate strategy.
Hong Kong is a famous regional base for cultural, advocacy and charitable organizations, and international industry. Apart from being a generous and charitable society, the great presence of international, Mainland and local firms provides a group of decision-makers highly aware of and interested in allied social responsibility. The extensive financial, professional and legal services network also enhances a pool of corporate opportunities and funding to get advantage from services without any compensation.
Hong Kong’s most important destination for outward direct investment is Mainland China. In Hong Kong, more than forty-five Mainland provinces and cities have maintained “window” investment companies, which are perfect targets for organizations looking for opportunities to invest or investment. Large population of international decision makers and Hong Kong’s important location in Asia also makes it an ideal and most relevant place to focus investment from farther beyond.