Hong Kong Business Ownership for Foreigners: Your Complete Guide

Hong Kong business ownership for foreigners

Did you know that you don’t need to be a Hong Kong resident to start a company here? That’s right – Hong Kong welcomes entrepreneurs from all over the world, with no restrictions on foreign ownership and the ability for foreigners to serve as directors. Whether you’re looking to expand your global reach or launch […]

How to Pick Between Hong Kong or Singapore for Your Asian Business Hub

Doing business in Hong Kong vs Singapore

Every year Hong Kong and Singapore leap over every hurdle The Economist, the Heritage Foundation, and any other think tank with a penchant for rankings can throw at them. They compete for gold in categories like “Ease of Doing Business,” “Economic Freedom,” and “Most Likely to Make Your Accountant Swoon.” It’s like watching the Olympics, […]

9 Simple Steps to Launch Your Small Business in Hong Kong

Steps to launch small business in Hong Kong

Thinking of turning your brilliant business idea into reality? You’re in luck! Hong Kong is among the easiest places to start a business globally. Our city’s streamlined regulations and pro-business policies mean less paperwork, quicker registration processes, and fewer bureaucratic hurdles to slow you down. But where do you start? How do you navigate the […]

Hong Kong Company Registration Timeline: Application to Approval

Hong Kong companies registry, part of the timeline to register a company

Ah, the sweet smell of incorporation in the morning. Yes, in Hong Kong, registering a company really can be done in only a morning. The time after you submit your application is remarkably fast at just 1 hour. Realistically, however, incorporating a company in Hong Kong typically takes one week from start to finish. This […]

Everything You Need to Know About Crypto Taxes in Hong Kong

Crypto tax in Hong Kong

You might think that in a place famous for its laissez-faire approach to finance, cryptocurrencies would roam free like digital wildcats, unburdened by the weight of taxation. But no, even in the glittering harbor of Hong Kong, the taxman cometh for your Bitcoin. The two questions that are keeping Hong Kong’s accountants up at night: […]

No Minimum? Hong Kong’s Surprising Minimum Capital Rules

The minimum capital rules of Hong Kong

In Hong Kong, there is no minimum capital requirement for establishing a company, but it’s common practice to state HK$1 as the initial share capital. Now, you might be thinking, “surely this is some sort of typo” but no, this is very much our reality. Hong Kong, that towering bastion of capitalism, that glittering jewel […]

Why Hong Kong Bearer Shares Aren’t What They Used to Be

Hong Kong bearer shares

In March 2014, Hong Kong introduced the Companies Ordinance (Cap. 622), a comprehensive reform of its company law aimed at enhancing corporate governance and transparency. One key aspect of this ordinance was the prohibition of bearer shares, which required companies to either convert existing bearer shares into registered shares or cancel them entirely. This move […]

Hong Kong: A Thriving Hub for Art and Tax Benefits

Hong Kong stands as a beacon of opportunity in the realms of art and business, blending its rich cultural heritage with modern financial acumen. Known for its dynamic art market, efficient logistics, and favourable tax policies, Hong Kong has attracted international attention. This city provides an attractive investment environment for art collectors, galleries, and businesses […]

Bookkeeping Fees in Hong Kong

Service fee for bookkeeping in Hong Kong

Drowning in a sea of receipts and tax forms, or worse, facing the stern gaze of an auditor who’s just discovered your “creative” accounting methods? It doesn’t have to be this way. Many entrepreneurs are surprised to learn that professional bookkeeping services in Hong Kong can be obtained for as little as HK$740 per month. […]

6 Strategies to Maximize Hong Kong’s Foreign Sourced Income Exemption

Foreign sourced income, in the context of Hong Kong’s tax system, refers to income that is derived from sources outside of Hong Kong. To be considered foreign, the income must be generated from sources outside of Hong Kong, such as from business operations, investments, or employment in foreign countries, but also income from sales, services, […]

The Ultimate Guide to Opening a Business Bank Account in Hong Kong

Opening a business bank account in Hong Kong

With increased regulatory scrutiny and the rise of fintech, opening a business bank account in Hong Kong has evolved significantly in recent years. The requirements for setting up a business account have become more stringent, yet more flexible. You’ll still need to pass customer due diligence checks, but gone are the days of mandatory in-person […]

Monx Innovation Series at Kapuhala Koh Samui

Exciting news! 🎉 Monx is teaming up with Kapuhala for an extraordinary experience – The Monx X Kapuhala Innovation Series of Retreats! 💪🏼 Business and leadership experts at Monx join forces with Kapuhala, known for their pillars of fitness and nutrition, to bring you an unparalleled opportunity to level up in all aspects of your life. Join us for […]

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