Hong Kong
Finance in Hong Kong
Recent forum posts
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SBLC,BG, AVAILABLE.
Sir,We work with established UK-based financial institutions to facilitate access to a variety of bank-issued instruments for qualified clients. These services are available for structured financing, project funding, and trade facilitation. Bank Guarantees (BG) Standby Letters of Credit (SBLC) Documentary Letters of Credit (DLC) Pre-advice and Funds Allocation Messaging
Total Posts: 1 Last post by Georgii07
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#Business Finance, Loan Security, Project Funding, Trade finance, Any Financial Requirement above 1M USD/EURO via BGs/SBLCs/DLCs/LCs/MT799/MT700/MT760 all Cash & Assets Backed and Monetization.
Sir.,I work directly with a very close reliable and effective provider who engage in banking instruments such as BG, SBLC, DLC, LC, and more at lowest prices, can potentially be utilised for various financial needs, including monetisation, project financing, and trade activities.In addition, these instruments can be used as collateral or for participation in Public-Private Partnership (PPP
Total Posts: 1 Last post by Georgii07
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.
