Hong Kong does not impose particular restrictions on foreign currency trading and the process needed to open a forex company in Hong Kong is a straightforward one. Investors interested in setting up a company in Hong Kong can reach out to our team of incorporation agents if they wish to know more about how…
Investors who wish to start Hong Kong blockchain companies will need to follow the regular procedure for incorporation and registration. These types of companies use blockchain technology in order to deliver solutions for digital innovation and transformation for businesses and agencies in many different fields. Entrepreneurs who open a company in Hong Kong can…
A CPA in Hong Kong, a certified public accountant, is a professional who has obtained the license that allows him or her to offer accounting services to the public. In Hong Kong, this profession is regulated and supervised by the Institute of Certified Public Accountants, which sets forth the conditions for…
A company is considered dormant in Hong Kong when it has no noteworthy accounting transactions, meaning that there are no entries in its accounting records. The term is not the same as a non-trading company which is simply not engaging in any business activities, however, it may have under accounting…
Fintech, or financial technology, is based on using digital and mobile platforms for performing traditional financial management tasks. From digital banking to personalized insurance solutions and financial counseling, fintech companies offer a wide range of services to individuals and companies. There are several types offintech activities in Hong Kong that present unique business opportunities to…
The fintech sector is undergoing rapid development in Hong Kong, as these types of services gain wider use and investments in the field are gathering way. The total value of investments in financial technology companies in Hong Kong nearly doubled compared to 2016, as shown in a report from Accenture.…
Bitcoin’s popularity has also inspired the rise of other cryptocurrencies, which in turn lead to the development of the initial coin offering in Hong Kong, or ICOs. This is essentially an online fundraising activity that is used to fund a specific blockchain project. The ICO project may have various degrees of success, however, investors…
When starting a new business, it is better to open a Hong Kong LLC or a sole proprietorship? This is an important question for first-time business owners and those who are just considering starting their own business. While both business forms have their advantages and disadvantages, it is important to weight…
By Vlad Cuc, specialist in company formation matters Our team can help you open a cryptocurrency company in Hong Kong by observing the current registration and licensing requirements. Quick Facts Cryptocurrency seen as legal tender (Yes/No) No Local regulatory agency The Hong Kong Securities and Futures Commission Special licenses for…
Entrepreneurs can invest in Hong Kong by means of acquiring shares in existing companies or in those listed on the Hong Kong Stock Exchange (HKEx). A stock purchase will differ from buying shares and investors can choose which option is suitable for them by talking to a broker or a Hong Kong company formation agent. Our…