Remove Employee Remove Finance Remove Government Remove Limited Liability Company
article thumbnail

Why set up a limited company in Hong Kong?

The Startup Magazine

The Hong Kong Special Administrative Region has been at the top of the list for more than 20 years because it ensures freedom of trade and monetary policy, while respecting the integrity and transparency of the government. A Hong Kong business can open bank accounts anywhere without any restrictions by the Hong Kong government.

article thumbnail

13 Critical Small Business Legal Requirements to Start a Business

Up and Running

The size standards are different for each industry and are defined by the government body established to oversee such matters. Generally, the size is based on the number of employees and annual receipts for a given period. What you need depends on your location, business activities, industry, and government rules.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Wind Farm Business: Startup Considerations

The Startup Magazine

The power generated from renewable sources isn’t harmful to our environment and governments around the world, from the US to Australia have recognised the importance of going green so there are many incentives offered for green energy startups. Securing the location and finances. Image by PublicDomainImages from Pixabay.

article thumbnail

How to Start a Business: A Step-by-Step Complete Guide (2019)

crowdSPRING Blog

You should know that about two-thirds of businesses with employees survive 2 years and about half survive only five years. Your business location, facilities, equipment, and what kind of employees you’ll need are in this section. If you’re a sole owner and don’t have employees, this is not required.

article thumbnail

Financial Knowledge Can Lead To Small Business Success

YoungUpstarts

Economic success is never guaranteed, but when you’re equipped with a strong understanding of finances, there is a better chance for your business to succeed. When asking your employees to hang tight and wait a little longer to get paid isn’t an option, try these solutions: - Prepare. Borrow From Family or Friends. Aged Payables. .

article thumbnail

Legal Protection: 5 Things to Consider Before Opening a Business

Women Entrepreneurs Can

A limited liability company limits the degree to which the business owner can be held liable for damages. So, if a customer sues your company after they receive a faulty product, your personal accounts and finances will be safe. It is imperative that you protect your assets by forming an LLC.

article thumbnail

7 Steps To Starting Your Business In Singapore 

YoungUpstarts

Singapore offers a bunch of legal entity forms available for registration: sole proprietorship, partnership, Limited Liability Company, a subsidiary, a branch office, a representative office, and so on. The Singaporean government pampers new private limited companies by giving them incentives and tax discounts.

Singapore 100