My clients would be mostly hedge funds, PE, and venture capital firms as well as some consulting and startups. I used to work in HK so I have some professional connections there.
I was planning to start the business in France but thanks to your recommendations I realised I would sign my tax death wish if I did that.
HK corp tax is 8.25% up to around 235k USD in profit. No dividend tax, and personal tax is around 10% if I pay myself 100k USD per year. I can optimise and get 5% real tax rate with the right salary/dividend ratio and I am completely fine with that, at least until I reach 500k or more in income.
I will probably hire freelancers or employees in HK, SEA and Africa (100% online business). Income forecasts are less than 300k in the first 3 years.
I heard some hedge funds are setting up shop in Dubai but based on my research it seems that it's not done on a large scale yet so I might access a better network ecosystem in Hong Kong, Singapore and London. In Dubai, most of the US/Asian funds are hiring client facing/investor people rather than actual analysts but my impression be wrong.
Does anyone have insights or tips on this?
I was planning to start the business in France but thanks to your recommendations I realised I would sign my tax death wish if I did that.
HK corp tax is 8.25% up to around 235k USD in profit. No dividend tax, and personal tax is around 10% if I pay myself 100k USD per year. I can optimise and get 5% real tax rate with the right salary/dividend ratio and I am completely fine with that, at least until I reach 500k or more in income.
I will probably hire freelancers or employees in HK, SEA and Africa (100% online business). Income forecasts are less than 300k in the first 3 years.
I heard some hedge funds are setting up shop in Dubai but based on my research it seems that it's not done on a large scale yet so I might access a better network ecosystem in Hong Kong, Singapore and London. In Dubai, most of the US/Asian funds are hiring client facing/investor people rather than actual analysts but my impression be wrong.
Does anyone have insights or tips on this?
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