Vivian and her team have produced an exceptionally informative and well-presented video that is an invaluable resource for aspiring entrepreneurs, especially those wishing to explore Hong Kong's vast business landscape. The video's meticulous attention to detail and comprehensive insights provide a clear roadmap for navigating the complexities of starting and running a business in Hong Kong, particularly for small businesses faced with the upfront tax obligations that can pose a challenge during the initial phases of growth. Congratulations to Vivian and her team for this outstanding contribution to the entrepreneurial community. We wish you all the best for a prosperous 2024 filled with continued success and growth.
I would like to close my company in Italy, and since I live in the Philippines for more than 6 months a year, I would like to take tax residency in the Philippines, which has a territorial taxation system. I plan to open an Hong Kong Limited in, to benefit from almost 0% taxation and then pay dividends into my Revolut account with tax residency in the Philippines. My clients are mainly in Italy and worldwide (not China). Can I do this? Will I only have to pay taxes to the HK limited in this case? I sell digital products online (online business)!
Creating a company does not automatically help you to qualify for residency. But if your company has business, hire local employees, then down the road it will make your application for residency easier
Vivian and her team have produced an exceptionally informative and well-presented video that is an invaluable resource for aspiring entrepreneurs, especially those wishing to explore Hong Kong's vast business landscape.
The video's meticulous attention to detail and comprehensive insights provide a clear roadmap for navigating the complexities of starting and running a business in Hong Kong, particularly for small businesses faced with the upfront tax obligations that can pose a challenge during the initial phases of growth.
Congratulations to Vivian and her team for this outstanding contribution to the entrepreneurial community. We wish you all the best for a prosperous 2024 filled with continued success and growth.
Impressive . Really impressive . Wow
Helpful maybe, impressive i am not sure ; )
Thank you Vivian.
I would like to close my company in Italy, and since I live in the Philippines for more than 6 months a year, I would like to take tax residency in the Philippines, which has a territorial taxation system. I plan to open an Hong Kong Limited in, to benefit from almost 0% taxation and then pay dividends into my Revolut account with tax residency in the Philippines. My clients are mainly in Italy and worldwide (not China). Can I do this? Will I only have to pay taxes to the HK limited in this case? I sell digital products online (online business)!
Hello, please contact our team directly. Email in our channel description
Sounds good but it is almost impossible to establish corporate account with Hong Kong banks.
It has become much easier nowadays. Check our partner Airwallex for example
Can we get residency when we incorporate company
Creating a company does not automatically help you to qualify for residency. But if your company has business, hire local employees, then down the road it will make your application for residency easier