Recent content by s4ntaclaus

I don't know if it really is that bad. I mean for example, if the accounting, audit and offshore status application costs total HKD 50,000, that would be around USD 6,000. Lets say at this revenue total profit for the year would be USD 100,000. This would be a 6% expense of total profits. Since...

Hi guys, someone just linked this thread to me from another forum. Thought it was interesting discussion so decided to join. You can count me into the boat of people who formed a company too quick without doing proper research ;). I opened a HK company last year together with a HSBC account...