Hi all,
I would like to register as Sole Proprietorship in HK. I am not HK resident and I don´t want to live there. I want to do only really small business with internet selling as e-commerce or Ebay. From this reason I think it will be much more easy to register as Sole Proprietorship than Ltd. company..
I tried to contact couple of agencies which provide asisstance.
What they wrote, I will need a local agent who will be registered with me as my representant in HK. I want to ask, if it is safe for me? What all can do this person? Sole Proprietorship is unlimited liability, can this person for example make any debts for me? Is it risky?
I read that accountancy don´t have to be audited for Sole Proprietorship. I found on internet:
"Small businesses whose gross income does not exceed HKD 500,000 are not required to attach any financial statements along with the tax return" - I think it will be my case... Can anybody recommed for me a accountant with your good experience and reasonable price?
Must I really necessary to use an agency for registration or can I do it by myself when I will come on turist visa to HK?
If no, what is average price of asisstance of an agency..I got couple of offers, but the prices are very different..
Banking account - I heard that for Sole Proprietorship isn´t necessary to have business account, a personal account is allowed..am I right?
Or how difficult is to open a business account in HK for non-resident? Can you recommended for me a bank in HK? I am looking for a normal HK bank with reasonable price of monthly fees...all offer me HSBC, but it´s quite expensive.. Or if a bank in HK can open account without personal visit, it is the best solution for me...Please share your experience..
Visa - I heard, that if I will be register as Sole Proprietorship in HK, but if I will live outside..I don´t need investment or working visa...am I right?
Is it anything risky here what I should know before I will start to set up my plans?
Please if anybody can provide me more informations, pls write here or PM.
If anybody can help me, don´t hesitate to contact me..
Thanks