Hong Kong being the Bridgehead of China is playing a very important role if you want to set up a business in China. In the past 10 years or so, The mainland Chinese Government signs a lot of agreement with Hong Kong, that merchandise in specific categories can trade in China with a tax exemption where no where else in the world has such a tax exemption yet. In this article we will give you a brief overview on how to set up a business in Hong Kong, so that you can trade easily in China.
In this article, we are going to reveal some of the useful information that may help you the Hong Kong company registration process.
Using a virtual office
Starting up a business especially in a foreign land like Hong Kong can be costly. However, you can start with a virtual office through a business centre. Instead of putting up a physical office and spend on furniture, remodeling the place or even buying different facilities, you simply get a serviced office equipped with all the amenities needed to run your virtual office and business. You can also choose a package that already includes staff who will traffic communication and do other office functions like receipt of mails, faxes, etc. If your business capital is limited, a virtual office is the way to go.
Company Registration Information
Investing in foreign cities like Hong Kong requires an in-depth knowledge of their culture to ensure that the type of business you have in mind will be suitable to your prospects. As with every investment and company formation, whether you do it at home or in a foreign country, there are always risks associated with it. Because of this, it is important that you include insurance in your company formation. In case of insolvency, natural calamities, theft, fire and other untoward incidents, your business is protected because you have your insurance and it was a part of your company formation plans. Recovery of loss is also easier and faster with an insurance to protect you.