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Recent content by jim1688

  1. J

    Introduction

    Hi everyone, I am a long time observer, but recently registered. Hope to learn a lot more from you guys :)
  2. J

    Hong Kong company - Some questions

    Not dormant. Can you share a breakdown of those 3-4K? This is 3-4K USD we are talking about, right? not HKD?
  3. J

    Hong Kong company - Some questions

    Depending on where you go, it can get A LOT cheaper than 3-4K USD. My cost is approximately less than 1K USD annually excluding audit and tax, that is including corporate secretary and forwarding address as well, so pretty complete for what most needs..
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    Hong Kong company - Some questions

    it's depending on supply and demand, happy to provide for serious parties, but I got a warning that I cannot sell here unless I am a mentor member, so fair enough. But considering how hard it is getting to open a bank account in HK, especially for those from high risk countries, it may be an...
  5. J

    Good E-Commerce setup

    Definitely need personal visit, and heaps of documents. HSBC in particular asked us for shareholders employment/business record 10 years back, including offer letter, resignation letter. Smaller banks are easier, but still requires you to come for interview. I am still unable to open HK company...
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    Good E-Commerce setup

    Hong Kong would be the best, it is part of China, so transferring funds to your supplier would be a breeze, quicker and there are cheap alternatives. There is no VAT and first 2 mill profit is taxed at 8.25% only. However, it is very hard to open bank account in HK now.
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    Hong Kong company - Some questions

    I have an established HK company that I no longer use. has established bank account and was established in 2016 which I believe if the account balance is under 250K USD is not reportable for AEOI. <<snipped>>