Category Archives: Incorporation

A Hong Kong Company First, in Hong Kong, companies are incorporated in the Companies Registry which apply to every Hong Kong Company. Further, there are many different kinds of companies. However, 99% of investors set up their business by forming a “private limited company”. In addition, there are around 2,000 public companies and more than …

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The value of a shareholder’s stake in the company (their share) can rise and fall. For a quick example, John and Mary each own half of the shares of the Goodwill Company Ltd.; this company has shared capital of HK$500,000, divided into 50,000 shares of HK$10 each. The company therefore has a capital of $500,000 for …

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For small business, debt recovery is a major issue. This is especially stressful when margins are tight. Understanding how to deal with late payments and debts is crucial to managing a company efficiently. In order to prevent late payment issues, you can take a number of steps. The first one being conducting background checks on …

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When a business is collaborating with another business to provide referrals, it would be smart to outline the agreement with a Business Referral Agreement. This agreement delineate details including: How much?, When?,  and How the referrer will be paid? This type of agreement can help support the development of your business. For more information on Hong Kong …

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Sending late payment letters is a useful way to chase overdue invoices. Sending this type of letter should prompt the customer to pay the overdue amount. If the debt remains outstanding, you should send a second payment reminder letter at a time you deem reasonable, taking into account the number of days you have given the client to …

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