January 21, 2022
How to Change Your Company Secretary in Hong Kong
In order to change a company’s secretarial obligations, there are several conditions that have to be met: a new company secretary must be at least 18 years old (If the company secretary is not a business entity) all applications for a Certificate of Incorporation have to be submitted before the date when said business entity […]
January 13, 2022
5 Steps to Share Capital Reduction in Hong Kong
Hong Kong has a number of procedures and legislation that guide companies in the process of share capital reduction, but it is ultimately a simple procedure that can save your company from running into financial trouble or going bankrupt. Share Capital Reduction is often used by start-up businesses to save on fees while they’re trying […]
January 6, 2022
10 Best Countries for Opening an E-Commerce Business
The global e-Commerce market is experiencing rapid growth as global sales are expected to hit $4.891 trillion, marking a 14.3% increase in the previous year. Many countries have been significantly contributing towards this market growth. The e-Commerce explosion is largely attributed to the rising use of mobile devices worldwide. Without the use of mobile applications, […]
December 30, 2021
How to File a Hong Kong Employer’s Return Form BIR56A & BIR56B
If you own a registered company in Hong Kong, filing the Return of Remuneration and Pensions, also known as Employer’s Return, is mandatory under law. This is the annual reporting of the amount of salary and all other benefits that your employees receive. Here’s everything you need to know about how to file the return: […]
November 29, 2021
How to Minimize Tax & VAT for Your E-Commerce
How To Minimize Tax & VAT For Your E-Commerce Every business has the responsibility to file and pay its taxes. Doing so provides an opportunity to fulfill your legal duties and consider the best practices to save money by reducing your taxes. You need to carefully understand how much you need to pay to avoid […]
November 15, 2021
The Complete Guide to Starting, Growing and Managing a Remote Business
Remote businesses have become extremely popular. COVID-19 made it even necessary in some areas. Not only are they a good option for employees but the business owners as well. More and more people prioritize setting up their own remote businesses as it gives them more control and flexibility over their lives. This article provides a […]
October 25, 2021
Why e-Commerce Businesses Thrive in Hong Kong
Hong Kong has been great place to set up an eCommerce business long before the demand for online shopping increased due to the pandemic. E-Commerce sales in Hong Kong are expected to grow at an annual growth rate of 8.3% between 2021 and 2024. The Hong Kong e-Commerce market has been rapidly growing in the […]
October 20, 2021
7 Steps to Register an eCommerce Business in Hong Kong
As one of the world’s largest financial hubs, Hong Kong provides a great environment to start an eCommerce business. The number of eCommerce start-ups is rapidly rising in Hong Kong alongside customer online shopping usage. The market volume is expected to increase to $12,879 million by 2025. If you are interested in registering an eCommerce […]
October 18, 2021
How to Get a Trademark in Hong Kong
When you start a new business, getting your brand secured should be one of your primary goals. You don’t want anyone else to ride on the success of a brand that you want to build with a lot of effort. And one of the easy ways to do this is through trademark registration. A trademark […]
October 12, 2021
10 Remote Business Ideas that Only Need WiFi
Remote businesses have been thriving long before the start of working from home due to the pandemic. The reason behind their popularity is that they allow business owners to have a better work-life balance, cut their operational costs, generate more profit, and most importantly, allow them to work comfortably in their own environment. If you […]
October 6, 2021
How to Legally Deal With Cryptocurrency in Hong Kong
Currently, retail investors are allowed to purchase and trade cryptocurrency in Hong Kong. However, cryptocurrency is considered a virtual commodity and not legal tender. Because of this label, there is still a lot of grey area when it comes to the crypto market in Hong Kong. Despite this, the comprehensive rules that have governed cryptocurrency […]
September 27, 2021
The Duties and Responsibilities of a Company Director
The position of a director within a company is possibly one of the most vital administrative roles of the business. Your company director’s performance will have a direct effect on how efficiently the business is run. It’s incredibly important as an owner to ensure that your company director shares the same vision and work ethics […]
September 15, 2021
Top 10 Hong Kong Crypto Exchanges to Trade On
Cryptocurrency is a digital currency secured by cryptography which makes it almost impossible to counterfeit. They are decentralized networks based on blockchain technology which is a distributed ledger enforced by a separate network of computers. What sets cryptocurrency apart from the traditional currency is that it is virtual and that it is not issued by […]
September 7, 2021
How to Get a Money Services Operations (MSO) Licence in Hong Kong
The first thing we need to understand before digging deep into the Money Service Operation license (MSO) is the general money service in Hong Kong. In Hong Kong, the system of money service incorporates a money-changing service and remittance service. The money-changing service creates an exchange of currency systems that run as businesses in Hong […]
September 2, 2021
Advantages to Registering a Company in Seychelles
Seychelles is a cluster of islands northeast of Madagascar in the Indian Ocean that is rapidly becoming one of the financial hubs of Africa. Its economy has grown by leaps and bounds in the last twenty years, and it seems well-positioned to continue to do so. Part of that growth is a result of conscious […]
September 1, 2021
Five Reasons Why Companies Register in Malta
Malta is a tiny island nation in the Mediterranean. It’s got a small economy and, according to The Tax Foundation, the highest statutory corporate tax rate in Europe. So why is it becoming an increasingly popular spot for business registration? There are actually quite a few reasons, but we’ll focus on the top five. First, […]
August 24, 2021
List of Chambers of Commerce in Hong Kong
As a leading financial hub in Asia, Hong Kong is home to several notable and active Chambers of Commerce. Even if your business is located outside of Hong Kong, being registered in Hong Kong could avail your business of many membership benefits from a range of Chambers of Commerce. That’s why we put together this […]
August 20, 2021
What are Management Accounts for Hong Kong SMEs?
For most SMEs, monitoring the business finances is the best way to measure performance and mitigate losses. To do this, you’ll need more than the regular audited annual accounts or daily entries. Instead, you’ll need an account that shows your business’ financial position over some time. Here’s where management accounts come in handy. Management accounts […]
August 17, 2021
How to Get a Business Address in Hong Kong Remotely
Every year a vast majority of entrepreneurs dream of flocking to Hong Kong to set up their company, thanks to the horde of benefits on offer. From relaxations on exchange control laws, to low set up costs, there are plenty of reasons why Hong Kong is a popular hub in the Asia Pacific region. However, […]
August 12, 2021
9 Reasons Why Companies Register in the Bahamas
Congratulations, you’ve decided to start a company. But have you thought about where you are going to register the company? Choosing the jurisdiction for your company has a significant bearing on the overall operations, and this is a decision you cannot take lightly. The Bahamas has always been on top of the list of founders […]
August 5, 2021
What is MPF and why do you need it?
One of the perks of being an employee or a self-employed person is the fixed income you receive daily, weekly, or monthly. You can always plan your finances and easily take out loans and mortgages for capital-intensive projects based on your earnings. But what happens when you can no longer work to earn a living? […]
July 30, 2021
How to Set Up a Hong Kong Special Purpose Vehicle
A Special Purpose Vehicle also known as an ‘SPV’ or ‘SPE’ (Special Purpose Entity) is a subsidiary established by a parent company often created in furtherance of isolating financial risk. To put it simply, an SPV acts as a separate company with its own assets, liabilities, and legal status. Hence holding a separate legal status […]
July 29, 2021
5 Reasons Why Companies Register in Singapore
There’s no doubt about it – Singapore is gorgeous. From the beautiful beaches to the nightlife, it’s fairly obvious why Singapore is a popular tourist destination. But why are companies registering there? There are a surprising number of good reasons. The top five reasons companies registered in Singapore are the Ease of Doing Business, the […]
July 26, 2021
CRN vs BRN: Two HK Company Registration Codes You Need to Know
In recent years, Hong Kong has become the place to start a business. People worldwide flock to the city to take advantage of low taxation, economic growth, and the wide opportunity that Hong Kong offers to investors. However, as with any business venture, there are some complicated paths to navigate before taking the plunge. Before […]
July 22, 2021
5 Best Accounting Software in Hong Kong
Although it’s not difficult to register for a Business Registration (BR) company here in Hong Kong, handling a bunch of complicated taxation issues, a pile of compliance papers and legal documents is definitely a headache for many business owners here. If you don’t do it right, you can only imagine a bunch of IRD issues […]
July 20, 2021
How to Register a Canadian Company in Hong Kong
In the last three decades, there has been a major influx of foreign investment in Hong Kong. Every multinational wants its feet on the ground so that it can benefit from Hong Kong’s growth. Hong Kong is a sovereign nation like any other, but there tend to be fewer regulations when it comes to business […]
July 15, 2021
Best Networking Groups in Modern Hong Kong
Moving to Hong Kong and starting your business there is an extremely exciting opportunity. However, if you are new to the Hong Kong business environment it may be difficult for you to network and build long-lasting professional relationships within your business sector and industry. To overcome this challenge, it is important to understand how networking […]
July 8, 2021
Visa-Free Stay in Hong Kong by Country
How long can each country’s nationals stay in Hong Kong visa-free? Skip to the list. Hong Kong is a remarkable tourist destination. The beautiful sceneries, exquisite Asian cuisines, luxury malls, and vibrant nightlife make the city a worthy place to spend your next vacation. But these tourists’ thrills are not the major motivation for many […]
July 6, 2021
How to Deal with Employment Contracts in Hong Kong
Once you have set up your Hong Kong company, the next step involves hiring the right talent to ensure that your business is successful. But here’s the thing — finding the brightest mind in the business is only the tip of the iceberg. Without a solid employment contract in place, neither your employees nor you […]
June 29, 2021
How to Register an Australian Company in Hong Kong
Hong Kong is a business powerhouse. Its free economy and limited regulations combined with its proximity to the Asian market make it a hotbed for some of the most productive, and profitable, businesses in the world. Hong Kong’s economic keystone is its limited government intervention. For example, incorporating in Hong Kong – the most Western-like […]
June 24, 2021
How to do Payroll in Hong Kong
Hong Kong is one of the fastest-growing financial hubs in the world and the 7th largest trading entity. Companies see various benefits expanding to Hong Kong with its investment-friendly climate, limited government intervention, and a favorable tax system. However, when hiring and compensating employees, Hong Kong’s payroll policies can seem quite complicated. So, how should […]
June 22, 2021
Visas You Need in Order to Work in Hong Kong
Over the years, Hong Kong has become a kind of business mecca, offering an attractive tax system for corporations, a diverse city life, and a heady mix of high tech and old culture. When it comes to working in Hong Kong, the toughest part is getting a job. The competition is high amongst Chinese nationals […]
June 17, 2021
How to Get a HKID (and where to Apply for One)
All foreigners living in Hong Kong are required to register for a smart Hong Kong identity card. Regardless of the length of your stay, if you plan to live in Hong Kong, you will need to apply for one within the first 30 days of landing in Hong Kong. Not only is having an HKID […]
June 15, 2021
10 Best Countries for Digital Nomads to Register their Company in 2021
The rise of digital nomads can be witnessed during the Covid-19 pandemic due to travel restrictions and remote working. The quick adoption of technology has been the key factor in this rise, making digital nomadism even more free and flexible. It has also been predicted that the number of digital nomads will increase to one […]
June 11, 2021
How to Pay Your Employee’s MPF
Once you have started a business venture in Hong Kong and have employees on the payroll, it is time to familiarize yourself with the obligations you must fulfill as an employer. Making contributions to the Mandatory Provident Fund (MPF) is one of the key responsibilities an employer must discharge in Hong Kong. In simple terms, […]
June 9, 2021
Are Offshore Companies Legal or Illegal?
Have you ever considered offshore banking or wondered how you could legally lower your tax rate? Did the Panama Papers leak make you question the legality of offshore companies? Are you worried that you might be doing something illegal? This article will debunk common misconceptions and answer all your questions regarding the legality of offshore […]
June 4, 2021
How to Take Advantage of Tax Exemptions in Hong Kong
Hong Kong is globally recognized as an international business hub. Thousands of trading companies, professional services firms, and multinationals are registered annually in Hong Kong. The city has the right facilities and resources for individuals and corporations seeking an overseas destination for their businesses. While there are numerous reasons why companies register in Hong Kong, […]
June 3, 2021
How to Register a Company in Hong Kong from Singapore
Hong Kong is considered one of the most liberal economies in the world and therefore is a place that allows a fast and easy registration process. Registration of a Singapore company in Hong Kong would be considered registering as a non-Hong Kong company, however you can register your company as a new entity in Hong […]
May 28, 2021
7 Reasons Why Companies Register in Hong Kong
Every year, Hong Kong attracts hundreds of tourists seeking an enjoyable vacation, but the city is more than a blissful tourist destination. It is also a top choice for companies seeking to expand overseas as thousands of companies are registered in Hong Kong annually. The city attracts individuals, startups, established corporations, and multinationals seeking another […]
May 26, 2021
How to Open an Event Management Company In Hong Kong
Hong Kong is the venue for countless high-profile events hosted every year. Right from hosting corporate events to assisting on individual ones, an event management company has a special place in the booming economy of Hong Kong. With life slowly coming back to normal after months of lockdown due to the pandemic, Hong Kong is […]
May 20, 2021
The Ultimate Hong Kong Offshore Company Registration Guide
If you’re reading this, you’re probably already aware that there are benefits to registering your company overseas. Hong Kong is a popular location, but why? What are the advantages and disadvantages, and how do you do it? Hong Kong is a popular site for offshore registration because it’s the gateway to China. These days, it’s […]
May 14, 2021
6 Common Offshore Company Jurisdictions
Setting up a new venture is a dream come true for many. However, starting a company where you reside may not always be feasible or a practical solution due to higher corporate taxes (sometimes as high as 35%) and regulatory concerns. In such cases, choosing an offshore jurisdiction with a favorable legal regime that provides […]
May 12, 2021
What is an Offshore Company?
Like individuals, companies are deemed resident in countries where they are established. However, companies often expand or relocate to other countries and can reside in many countries at the same time. A company can be registered in the UK but conduct its business and financial operations in another country. You can also set up a […]
May 6, 2021
How to Register a Thai Company in Hong Kong
Hong Kong is known to have one of the most liberal economies in the world. There are almost unlimited advantages to opening a company in Hong Kong, especially as a foreigner. For those located in mainland China, Taiwan, Thailand, and other surrounding countries, registering your company in Hong Kong could be one of the best […]
May 4, 2021
8 Juicy Tax Havens from Around the World
No one enjoys being taxed as taxes affect income. However, taxes are unavoidable as many countries rely on revenue from taxes imposed on individuals and corporations. Certain jurisdictions offer tax reliefs, tax incentives, tax benefits, and reduced tax rates to attract and retain foreign and local investment. These jurisdictions are popularly referred to as tax […]
April 29, 2021
What is Profit Tax Return in Hong Kong?
Starting a business venture in Hong Kong is one of the most attractive options for investors worldwide due to its impressive corporate tax system. The corporate tax regime only taxes such profits that arise from a trade, business, or profession carried out in Hong Kong. The filing for such taxes is commonly known as Profit […]
April 27, 2021
Offshore BVI Company: 4 Reasons You Shouldn’t Register in the British Virgin Islands
If you’re looking at opening an offshore business, choosing where to incorporate it is a huge and important decision. The British Virgin Islands are one of the most popular places to create an IBC or international business company. This is because it’s well-known as being a tax haven. There are no corporate taxes in BVI. […]
April 22, 2021
How to Register a US Company in Hong Kong
When it comes to expanding your business into international markets, Hong Kong is a popular destination for growing businesses. Here we’ll teach you how to register your US-based company in Hong Kong. Why Hong Kong? You’ve probably heard more and more over the years that Hong Kong is the next big thing in the world […]
April 16, 2021
How to Open a Retail Shop in Hong Kong
With the advent of COVID-19 vaccines and economies on the rebound now is an exciting time to consider opening a new business. One place, in particular, to keep an eye on is Hong Kong. According to focus-economics.com, Hong Kong’s economic growth rate is projected to be a whopping 4.6%. Among the top four key industries […]
April 13, 2021
How to Register a UK Company in Hong Kong
Setting up your company in a new location could be a great growth strategy. Your business can penetrate a foreign market, establish a global presence and benefit from decreased operational cost when you register your company in a new location. It is also a strategic business decision as a new location could be a great […]
April 7, 2021
How to Set Up a Real Estate Company in Hong Kong
The real estate business in Hong Kong has long been known as one of the most dynamic in Asia, if not the world. From residential to luxury to retail, Hong Kong has seen almost constantly increasing growth (although prices have leveled off recently). Demand, however, is sure to remain constant. Why Hong Kong is Great […]
April 1, 2021
How to get a Recruitment Agency License in Hong Kong
Finding a job is a two-way street. While there is a lot of talent in the market, matching the candidate to the job profile is no easy feat. That’s where a recruitment agency steps in and performs the crucial role of finding the ideal candidate from the talent pool to meet the client’s requirements. According […]
March 30, 2021
How to Open a Finance Company in Hong Kong
Hong Kong is one of the world’s largest financial hubs, as seen by the exponential growth in its financial services sector, which has contributed to the country’s Gross Domestic Product and increased from 13% in 2004 to approximately 20% in 2018. This article will discuss the scope of financial services, what a financial company is, […]
March 24, 2021
How to Open a Trading Company in Hong Kong
Trading companies exist in most major cities in the world and are considered to be extremely profitable ventures. A trading company is a company involved in the business of purchasing, distributing, and selling goods and services on an international scale. These goods and services are myriad and are meant to meet various needs including those […]
March 18, 2021
5 Benefits to Using a Digital Company Secretary in Hong Kong
When it comes to the efficient administration of your company, the role of a company secretary cannot be overemphasized. One of the essential pillars of any company’s corporate governance framework, a company secretary ensures that your company operates as per the law. Are company secretaries mandatory in Hong Kong? Yes. According to the Companies Ordinance, […]
March 12, 2021
What are Articles of Association?
The articles of association might sound like something out of a history or high school civics class, and in a way they are. For companies, they act almost like a constitution or user’s manual, and they help to show off the company’s regulation and purpose for itself. It lays out how tasks are done, how […]
March 4, 2021
How to Relocate a Company to Hong Kong
List to this article! Relocating your company can be a game-changer if you’re seeking to expand your business. You can reach a larger market and establish a stronger global presence. You may also discover that there’s a ready market for your products or services in your new location. Despite these perks, relocating a company can […]
February 26, 2021
Complete Guide to Restaurant Registration & Licensing in Hong Kong
Here’s a Complete Guide to Restaurant Registration and Licensing in Hong Kong where you can learn how to quickly and painlessly start.
February 17, 2021
10 FAQs About Nominee Directors in Hong Kong
Nominee directors are third-party directors that are appointed to conceal the identity of the actual director. They can be a replacement for an investor or financial institution.
February 11, 2021
A Complete Guide to HK Company Registration & Incorporation
Here’s a complete guide on how you can register and incorporate your company, new or current, in Hong Kong so you don’t waste your own time.
February 4, 2021
8 Different Types of Hong Kong Business Licences
If you have a business in Hong Kong or are planning to start one, it is essential to know whether or not you need a business licence to carry out your activities.
January 26, 2021
Everything You Need to Know About Hong Kong Accounting Standards
Here’s everything you need to know about Hong Kong Accounting Standards, and all the types of accounting standards you can use.
January 2, 2021
14 FAQs About Business Registration in Hong Kong
Here’s 14 FAQs about the Hong Kong Business Registration process, certificate, and business registry. These are required documents your business cannot survive without if you expect to do business in Hong kong.
December 11, 2020
10 FAQs when applying for an SFC License in Hong Kong
In this article, we will look at the top 10 FAQs when applying for an SFC License in Hong Kong.
December 4, 2020
Share Capital Structure of a Hong Kong Company: A Complete Guide
The share capital structure of a company is important both in its formative years as much as its later stages of growth.
November 27, 2020
10 Pros and Cons of Private Limited Companies in Hong Kong
In this article, we outline the 10 pros and cons of private limited company in Hong Kong.
November 20, 2020
8 FAQs About Business Registration Certificates in Hong Kong
In this article, we look at 8 FAQs about Business Registration Certificate for companies and sole proprietorships in Hong Kong
November 13, 2020
Hong Kong Business Registration Number and Company Registration Number
In this article, we look at the purpose and differences between Business Registration Number and Company Registration Number in Hong Kong
November 6, 2020
Is a Company Chop/Stamp Required in Hong Kong?
Most companies in Hong Kong have a company chop/stamp. We explain if and why a company chop/stamp is required or recommended in Hong Kong.
October 30, 2020
A Complete Guide to Certified True Copy in Hong Kong
Have you been required to certify some of your documents? Look no further! This guide tells you all you need to know about certified true copies and how to get your documents certified in Hong Kong.
October 23, 2020
Hong Kong Company Deregistration Guide: The Disappearing Act
Sometimes things do not work out. This guide explains all you need to know about Hong Kong company deregistration.
October 20, 2020
All you need to know about your Hong Kong Company Secretary
What is a company secretary? Why all HK companies need one? In this article, we share the 7 things you need to know about HK company secretaries
October 16, 2020
Offshore Company Registration in Hong Kong: All You Need to Know
Interested in registering an offshore company in Hong Kong to run your business? Here is everything you need to know
October 9, 2020
Company Limited by Guarantee in Hong Kong
A company limited by guarantee is the right entity if you want to set up a non-profit organization or a charity in Hong Kong. In this guide, we discuss why and how to set up a company limited by guarantee in Hong Kong.
October 2, 2020
The Complete Guide to Hong Kong Representative Office Registration
In this guide, we explain the basics of representative offices and all you should know about Hong Kong representative office registration.
12 Steps to Starting a Company in Hong Kong
All you need to know to incorporate your HK company and get a guaranteed business account in 48 hours
September 25, 2020
A Practical Guide to Director’s Duties in Hong Kong
With great powers come great responsibilities. This practical guides details all you need to know regarding your powers (and liabilities) as director in Hong Kong
Complete Guide to Share Certificates of a Hong Kong Company
What must be included on a share certificate? When should it be issued? What if you lose it? All you need to know about the share certificates of a Hong Kong company.
A Complete Guide to Hong Kong Profit Tax
In this guide, we tell you the 10 things that you need to know about profit tax in HK.
September 18, 2020
6 Things You Need to Know About Appointing of Directors in Hong Kong
Need to appoint a new director for your Hong Kong company? Check this article for the 6 things you need to know before your start
August 1, 2020
A Complete Guide to HK Company Share Transfers
Share transfers and sales are part of the business life of companies. In this guide, we explain all you need to know when transferring or selling shares of your Hong Kong company
Obtaining a Certificate of Incumbency for a Hong Kong Company
On various occasions, you will need to get a certificate of incumbency for your Hong Kong company. In this past we explain all you need to about certificates of incumbency.
July 24, 2020
How to Choose a Company Name in Hong Kong
The name of a company is important. In this post, we explain you how to select your HK company name, pick-up the right format, do a company name search and much more
July 7, 2020
Set Up Your Company & Business Account in Hong Kong
At Air Corporate, we help entrepreneurs, SMEs and digital nomads register offshore companies or onshore companies in Hong Kong. We are the only company secretary that can guarantee the successful opening of a bank account for your company. The whole process is online, with no need to visit Hong Kong. We also help you with tax optimization, accounting and audit.
June 27, 2020
6 Tips about the Registered Address of your Hong Kong Company
In this post, we tell you all you need to know about the registered address of your Hong Kong company
May 7, 2020
How to Change Your Company Secretary
We explain you why and how to change your Hong Kong company secretary and how the transition will take place. If you appoint Air Corporate as your company secretary, we guarantee a business account for your company within 48 hours.
April 17, 2020
5 Steps to Setting up a WOFE in China
The acronym WOFE stands for “Wholly-Owned Foreign Enterprise” and we will be referring to the abbreviation for the sake of this article. It should come as no great surprise that the rules and regulations associated with establishing a business in China have been modified in recent years. This is why owners and similar stakeholders need […]
April 8, 2020
How to Fix a Suspended or Frozen HK Bank Account
Closed, suspended or frozen HK bank account. What to do when this happens to your company
March 8, 2020
Bookkeeping and Accounting Without the Headache
Bookkeeping and accounting do not have to be painful if you make the right decisions.
Open a Hong Kong Company with a Statrys Business Account in 48hrs
Your HK company and bank account with Air Corporate and Statrys. Fully online and in 48 hours.
How to Open a Company Bank Account Online in Hong Kong
There is no point having a company without a bank account. Set up with us or appoint us as your company secretary to get a guaranteed multi-currency business account in 48 hours.
February 8, 2020
4 Things to Know About the Annual Maintenance of Your HK Company
Understand the ongoing obligations of your HK company after it is registered
January 10, 2020
Significant Controllers Register in Hong Kong
All HK companies need to have a Significant Controllers Register. Here is why and how it works
November 9, 2019