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I run a business in HK, and generally it’s incredibly easy. Easy to set up, accounting is easy, ongoing fees are fairly low. So far I haven’t encountered any is
by woutr_be 3y ago
I run a business in HK, and generally it’s incredibly easy. Easy to set up, accounting is easy, ongoing fees are fairly low. So far I haven’t encountered any issue. But I’m well aware of the political issues being registered in HK might bring, and some (especially US) businesses might be wary of doing business.
- MPlus88 3y ago[dead]
- fy20 3y agoIf you want something more aligned with the US, the UK is a good choice. You can set up everything online for around £20 and for small businesses you don't technically need an accountant to file yearly accounts. They are friendly to company owners not being UK based. Corporate tax rate on profits are 19% - 25% though.
- woutr_be 3y agoThe 16.5% corporate tax is definitely a benefit here, and for now it makes sense because I also live here. If I were to return back to Europe, the UK might indeed be a decent choice.
- ulfw 3y agoAnd there's no jobs in HK. And no real tech. I haven't found anything here in a year. Looking to leave in the coming months.
- woutr_be 3y agoThere’s quite a few jobs in finance. But in terms of startup, or non corporate jobs, there’s very little.