How do I Start the Online Journey?
Start a website
You can either create your website if you have the skills or hire someone to help you. Either can work. Programs like WordPress can allow you to create a free simple website and host it so that it can be available on the internet and buy a domain name.
Register Your Company in Hong Kong
Depending on what you are planning to do, you will appear more authentic and professional when you are just starting. Besides, the process of company registration in Hong Kong is simple, and you will only have to contact the PHP team since that is our area of expertise and have your business incorporated. Besides, we will provide you with ideas and tips to navigate the Hong Kong market structure to make your brand stand out among the competitors.
Do I need to file my taxes for an online business?
The answer is yes. All businesses in Hong Kong should strive to file their taxes and in time to avoid penalties or being jailed for tax evasion. PHP will still come to your help if you are not familiar with the Hong Kong tax laws and requirements. Please consult with us further the accounting information as it varies from one business to the next.
In summary, online business is the new norm in the market structure, and with the current COVID-19 pandemic, most companies are taking their investments online. Rocking the internet world will purely depend on your strategy and how you choose to operate, what you choose to do, and finally, how you want it done. If you still don’t have a clear picture of how to do it right, contact PHP services for consultations to help you make more informed decisions.