by Corporate Hub | Accounting, Business
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...
by Corporate Hub | Business
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...
by Corporate Hub | Business
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...
by Corporate Hub | Accounting, Business, Tax
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...
by Corporate Hub | Accounting, Business, Tax
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 December When you set up your Hong Kong company,...
by Corporate Hub | Business
Starting a business in Hong Kong is not as hard as you think and it can be done straightforwardly by following the steps below:#1 Choose the Right Form of BusinessThe most typical types of businesses in Hong Kong include sole proprietorship, limited company or parent...
