Hong Kong
Finance in Hong Kong
Hong Kong Business Experts
Recent forum posts
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Direct Access To A Safe & Secure BG/SBLC Platform
Dear Partner/Associate,We are accredited mandate to a renowned provider for bank instruments; BGs | SBLCs | LCs | DLCs ET AL for lease and sale, Issuance by HSBC Bank Oman, Barclays Bank London , Deutsche Bank, BNP Paribas, & AAA Rated Banks in Europe, Middle East or USA.Our BG/SBLC Financing can help you get your project funded, LOAN financing by providing you with yearly renewable leased
Total Posts: 1 Last post by cynassets
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Business and Real Estate Funding Via Bank Guarantee
Dear Partner & Associate,I am the mandate of a genuine and efficient provider for Fresh Cut Bank Guarantee (BG’/SBLC/BD) For credit enhancement, collateral, or to place into trade and commitment to purchase or a standby loan.Whether you are new starting up, medium or large establishment that needs a financial solution to fund/get your project started or an established business looking for
Total Posts: 1 Last post by cynassets
Financing A Business in Hong Kong
Government Incentives
The Hong Kong Government is keen to stimulate growth in specific sectors of industry and has set up several funds, which offer financial support to new businesses:
- The Innovation and Technology Fund
The fund offers financial support to projects that contribute to technology and innovation in manufacturing industries. - The Applied Research Fund
This fund is for research and development projects and technological ventures that have commercial potential. - The New Technology Training Scheme
This supports businesses training staff in new technologies for up to 75% of the cost - The Patent Application Grant
A grant that assists enterprises apply patents to new inventions.
Details about the amount of assistance and the eligibility for all of the schemes can be found at the Hong Kong Trade Development Council website - www.hktdc.com
- 15% salary tax
- No sales tax or VAT
- No dividends tax
- No gains tax
- No customs tariffs on goods imported into Hong Kong (with the exception of a few goods such as spirits and tobacco)
Private Finance
When seeking private finance, it is advised that you have a coherent business plan and that you have planned your enterprise thoroughly. It is often a good idea to consult an account prior to approaching lenders.
Hong Kong has a highly developed banking and financial system and all of the usual banking services, such as the provision of credit, are available.
