Is a foreigner allowed to serve as a Company Secretary?
It depends. For one to serve as a company secretary in Hong Kong, he/she must be a resident. A foreigner who has attained a permanent resident of Hong Kong can serve as [...]
What type of startups usually qualify for grants in Hong Kong?
Startups that usually qualify for funding in the form of grants are those that are involved with technological adoption, poverty eradication, and impacts that campaign against social injustices in the community.
How a startup can bring poverty alleviation?
We learned that startups that usually get grants are those that have projects aimed at eradicating poverty and social injustices. Below are ways in which a good startup can do these: A [...]
How can I get the right grant for my New Startup?
Networking Build a strong network with people who are engaged in the same business as the one you are starting or closely similar to yours. You can do so by liking their [...]
Apart from grants, what other forms of support is there for startups?
There are funding schemes by the government and private firms for startups who are expanding their business operations beyond Hong Kong, Incubators for new startups. For example, the Cyberport Incubation gives free-rental [...]
Can foreigners in Hong Kong for a limited liability partnership?
Yes, a limited liability company is one of the most common business entities that exist in Hong Kong and it is usually preferred since it is a separate legal entity. Partners, unless [...]
What is the difference between a limited liability partnership and a general partnership in Hong Kong?
The key difference between a general partnership and a limited liability partnership is the fact that in general partnerships all the partners are always held responsible for all the obligations of the [...]
Who can start a limited liability partnership? Is it for me?
Anyone in Hong Kong can start a limited liability partnership as long as you meet all the predefined qualifications that are permitted to venture into the limited liability partnership in Hong Kong
Do limited liability partnership businesses file taxes annually with the IRD (Inland Revenue Department)?
The straight answer is no. Since all the profits and losses are passed to the individual partners, they are thus responsible for filing their personal income tax as per the amount of [...]
What is market research?
Market research is a detailed and organized method of studying market trends, including gathering information to understand the market.