hong kong

Hi All, I am establishing my e-commerce business and need some guidance regarding the structuring of my business. I intend to use an already registered Hong Kong Limited company as the exclusive owner of a US LLC, which will serve as the front company. Our inventory will be sourced from the...

Where can you get nominee directors for Hong Kong LTD companies? Are there any trustworthy and reasonably priced providers? How safe or dangerous is it to have a nominee director in a Hong Kong company? What are the risks involved?

Does anyone have experience opening a HK bank account (personal) being a non-resident? Directly or with an agent? Would be interested to hear your feedback.

Hey guys, I want to start selling in the EU. I have a HK company. And I'm dropshipping the product directly from China. Do I need to pay any VAT? If so can someone explain it to me, please? Thanks!

Hello all I have a HK company with no debt or assets, does this need to be closed through the correct channels or can I just let renewals lapse? Director is a nominee company. Thanks in advance

Hong Kong was put on an EU gray list in 2021 and now in response to that they have changed their tax exemption regime. https://www.internationaltaxreview.com/article/2azqwmw3p6kxn3srz32tc/sponsored/hong-kongs-new-foreign-sourced-income-exemption-regime-are-you-ready Looks like it concerns only...

https://www.sannegroup.com/our-thinking/insights/2022/update-on-hong-kong-s-foreign-source-income-exemption/ https://www.pwc.com/us/en/services/tax/library/hong-kong-proposes-refinements-fsie-regime-for-passive-income.html

Hi, I registered a company in Hong Kong, applied for a Neat account, and got declined. I specified that I do 1) software development 2) dietary supplement manufacturing and distribution. I have no idea why they declined. I do have an HK company account opened on Payoneer. Currenxie is pending...

Asian tax is a concept that may draw many entrepreneurs’ attention these days. However, before digging deeper, you should know that there is no such thing as a pure tax haven in Asia. There are, indeed, some tax havens in the middle of nowhere, somewhere, faraway. None of them in Asia, though…...

Hi, I'm a citizen and resident of a European country. I have a company in Hong Kong. There will be no income from Hong Kong, so I'll qualify for a 0% profit tax in Hong Kong. I checked with my local country's tax office regarding the income of the foreign company, turns out I'll also have 0% tax...

I am a mobile app developer with a few apps deployed on PlayStore and App Store. I get income using AdSense as well as offering in-app purchases (to get rid of the ads). I expect an annual income between 20k and 60k USD (hopefully more). => Do you think It's a good idea to register an HK...

Hello there, I'm Steven. I'm a former hedge fund employee and trade stocks mostly. I move tax residency from time to time, and it turns out to be difficult to change "tax residency" in personal brokerage account. Currently I'm looking to set up a company and move portfolio to this company's...

We have had a corporate account with HSBC in Hong Kong for more than 10 years. In the past 2-3 years there has been an increase in yearly KYC reviews and occasional questioning on certain transactions. Its gotten to the point in the last 6 months where we can no longer send or receive payments...

Hello, I just opened a company in Hong kong, my main goal is to open a Paypal business account, for the people who did it, what were the requirements? i would have trouble with providing a residence proof (i dont live in Hong kong) and i don't have a physical office. Business bank account...

You may already be familiar with the idea of an offshore company, but the truth is things are a bit more sophisticated than they seem. There is not much to worry about though – a little education will lead you in the right direction. When dealing with certain companies and trying to find out...

Hello, I have a company incorporated in Hong Kong (with a bank account in HK) that I used to do software development consulting. We do not have an office anywhere, no employee, or anything else. It's just my computer and I. I also do not pay myself any salary. I invoice the client using the...

I know some of you are running companies in HK. Do you guys feel that with the recent developments in Hong Kong (US-China troubles, New security law, etc.), it's better to change jurisdiction? How do you guys feel about it? Disclaimer: I'm looking to incorporate in Asia and HK was at the...

Hi, I have a high tax European passport and I will move to Cyprus to take advantage of the non-dom tax regime. I develop my own iOS/Android apps so my income (about 70k a year) is coming from both Apple and Admob/Google. Important fact here is that Admob/Google forces both the company and bank...

Hello, What do you think is the most reliable EMI for HK company. I want to be able to send/receive SWIFT payments in USD. Business activity is online advertising. Transferwise doesn't work with with HK. Are there any other companies like TW?

https://www.bbc.com/news/world-asia-china-51921515 Bad times for opening a bank account here or visiting the city for doing business. But definetly a good place to be after you pass the quarantine, the bars are open and no movement restrictions inside the territory. Also low infection rate...