The Corporate Hub Blog
Everything you need to know about starting a business in Hong Kong!
Why Hong Kong is a Great Partner in the Belt and Road Initiative
The great idea that is the Silk Road Economic Belt and the 21st Century Maritime Silk Road, otherwise known as the Belt and Road and formerly known as One Belt One Road is an ambitious move by China but one that can really present many business opportunities...
5 Tips for Naming Your Hong Kong Company
Trying to decide on your Hong Kong company name? For startups in Hong Kong it can be difficult to decide just what to name your company. Here are five tips which will make it easier for you to decide on the best name for your company. #1 Keep it Simple One thing you...
Top 5 Benefits of Keeping Proper Accounting Records
Keeping the proper accounting records is essential in Hong Kong as you want to obey the laws that are in place. Here are five main reasons why you need to keep good accounting records of all your business dealings.#1 Know Where Your Money is GoingWhen you keep proper...
5 Tips for Writing a Successful Business Plan
As a startup in Hong Kong you need to submit a business plan when you apply for funding for your startup. Here are five tips you can use to write a successful business plan for your startup. #1 Put the Audience First When you write your business plan try to think of...
5 Important Tips for Ultimate Startup Success in Hong Kong
If you’re looking for some startup success in Asia, Hong Kong is definitely one place to keep in mind. Hong Kong is a special administrative region of the People's Republic of China and it is a good place to start up a successful business as it is one place where east...
Top 10 China Tax Issues to be Aware of
When doing business in China, you often have to face numerous China tax issues as China has a lot more types of taxes than Hong Kong like value-added tax, resource tax, land appreciation tax, real estate tax, and sometimes your China financial statements may not truly...
Determining the Currency of Your Hong Kong Company
QUICK FACTSCurrency used in Hong Kong: HKD (Money exchange store is everywhere in Hong Kong) Common acceptable currencies in Hong Kong big shops: HKD and RMB Common acceptable credit cards in Hong Kong: Visa and MasterCard (American Express and China UnionPay are...
Choosing a Fiscal Year-End Date for your Hong Kong Company
QUICK FACTS Fiscal year-end date (or financial year-end date/accounting year-end date) for – limited companies in Hong Kong: any date – unincorporated businesses in Hong Kong: any date – companies in Mainland China: 31 DecemberWhen you set up your Hong Kong company,...