Change a Sole Trader into an LLC in Hong Kong

Change a Sole Trader into an LLC in Hong Kong

Business owners can change a sole trader into an LLC in Hong Kong when the first business has grown or if they decide that the particularities of the sole proprietorship no longer suit their needs. The limited liability company (LLC) is a separate business structure from its founder/s and will need to…
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Obtain a Liquor License in Hong Kong

Obtain a Liquor License in Hong Kong

Restaurant, bar or club owners need to obtain a liquor license in Hong Kong in order to sell these types of beverages to their clients. Entrepreneurs should know that there are strict regulations in place regarding the sale of alcoholic beverages and noncompliance is punishable by law either through fines or imprisonment. Applying for…
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Yacht/Boat Registration in Hong Kong

Yacht/Boat Registration in Hong Kong

All local boat or yacht owners must operate the vessels based on a certificate of competence and must have relevant licenses for their type of vessel. Those who want to open a Hong Kong company that offers various water-sports services or yacht cruises must comply with the existent licensing requirements not only…
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Taxation of Sole Proprietorships in Hong Kong

Taxation of Sole Proprietorships in Hong Kong

Individuals who want to start their own business can be a self-employed individual if they choose to work as a sole proprietor or as a partner in a partnership. The sole proprietor is often chosen by many investors in Hong Kong who want to start their own business. The taxation of the sole…
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How to Buy Shares of a Hong Kong Company

How to Buy Shares of a Hong Kong Company

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…
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