As most "sourcing" start-ups from Mainland China, I also do prefer the HK jurisdiction. The client comes from Europe, supplier/factory from Mainland China and people who are getting paid for their work for me are free-agents or other firms who do the QC etc. on my behalf. It is a viable business model, where the startup does not need to pay much taxes and can keep it simple on Europe/Mainland side. Plenty of foreigners who have started trading companies first went this way before setting up a proper WOFE in Mainland China ( more requirements, more bureaucracy, much larger initial investment needed + waiting for the company to set up easily exceeds 6 months).