Entrepreneurial Subjects

The corporate headquarters of large groups tend to accumulate a variety of support services, which are often priced into the base costs of the group's products and services, and then attract margin in the final price to a customer. The profit realized by the group in this way is of course taxed at whatever local rate is applicable. The evolution of telecommunications, most or all headquarters' functions can be carried out almost anywhere, and there is extreme competition to attract them between IOFCs (International Offshore Financial Centres) and high-tax jurisdictions as well, all wanting the prestige and the economic benefits stemming from the presence of a group of highly-paid...

There was a general perception that multinationals route investment or ownership holding and investment by IOFCs (International Offshore Financial Centres) due to low computer technology or lack of modern telecommunications in the old days. The evolution of modern telecommunications and evolution of financial infrastructure of some IOFCs had changed the offshore climate allowing many SMEs or new biz businesses to enjoy tax advantages. For example, there are around 500 banks there to reduce their own tax bills and to service the needs of corporations that want to lower their tax burdens. A very wide variety of corporate financing and investment purposes offshore listed below: 1. ...

International Offshore Financial Centres (IOFCs) often provide a welcoming environment for investment companies. Offshore investment vehicles may take a variety of forms: unit trust, mutual fund or investment company, and may be open-ended or closed. They will be referred to generically as 'offshore funds'. In all cases the key reasons for being offshore are that the gains from investment are untaxed or very lightly taxed in the IOFC concerned, and that the regulatory regime in the IOFC is lighter than in the high-tax countries where the investors and often the promoters (owners) of the fund are to be found. IOFCs vary greatly in the legal and fiscal regimes they provide for offshore...

Hong Kong is one of the fastest growing startup ecosystems and one of the world’s top startup hubs. It not only is a fast growing tech startup ecosystems, at the activation stage but also one with great potential for acceleration driven by the city's supportive incubators and accelerators, the strong funding support for startups and a pool of angels/venture capitalists. Plus, all the enduring business advantages that Hong Kong provides such its world-class financial industry and its prime strategic location next to the hardware manufacturing cluster of the Pearl River Delta providing timely strategic opportunities growth for FinTechs and IoTs. It is, however, still lagging...

After setting up your Hong Kong company or operating the business via the Hong Kong entity overseas, you may want to apply for a visa in Hong Kong. As an entrepreneur, you can either apply an investment visa or employment visa: Investment Visa - Eligibility 1. No criminal records nor pose a security threat. 2. The applicant has a good education background, preferably with a first degree in the relevant field, but in special circumstances, good technical qualifications, proven professional abilities and/or relevant experience and achievements supported by documentary evidence may also be considered. 3. The applicant is in a position to make substantial contribution to the...

Who Need a Visa to Visit Hong Kong? Nationals of about 170 countries and territories may visit Hong Kong without a visa/entry permit from 7 days to 180 days depending on nationality. Nationals of the US, Europe, Australia, Canada and New Zealand don't require a visa to enter Hong Kong for stays of 90 days, 180 days for UK nationals. All visitors to Hong Kong must have a passport that is valid for at least one (1) month to six (6) months (depending on nationality) after the period of their intended stay in Hong Kong. If the visitor want to travel from Hong Kong to China mainland, he/she may need to apply for a China visa. How to Apply for a Hong Kong Visa? Eligibility...