Maintaining Good Status with your HSBC Hong Kong Bank Account

Michael MicheliniBanking, Blog, Corporate1 Comment

As the banks get more and more challenging in Hong Kong, many people are making sure that they have a good standing at their current banks. But what should someone do at their business to ensure their bank account stays in good standing? This blog will cover some tips for keeping your HSBC in good standing or any business bank account globally.

Why You Should Consider Opening a 2nd Bank Account

Michael MicheliniBanking, Blog, Corporate4 Comments

As this blog has grown more and more people have reached out to me nervous about just having 1 bank account for their Hong Kong company. They are looking to get a second bank setup. Let’s dig into why people are thinking this, and what you can do to get a second hk bank account for your business.

What Does Brexit Mean for UK and Hong Kong?

Michael MicheliniBlog, Corporate, Incorporation0 Comments

I just so happen to be in Europe during the big announcement of the UK voting to leave the EU. It is named “Brexit” – and people all around Europe are going crazy talking about it. Local friends here in Prague (where I currently stationed on business trip) have been working overtime dealing with talking to clients asking what this … Read More

Silicon Valley vs Hong Kong Startup Ecosystem with Edith Yeung of 500 Startups

Michael MicheliniCorporate, Investment, Podcast1 Comment

GFA131. Today’s episode – we have a special guest, Edith Yeung, a venture partner at 500 startups. I was fortunate enough to catch up with her at the Rise Conference and she is kind enough to come on the podcast today and share about her perspective on the startup scene differences between Hong Kong and Silicon Valley. She is in HK a lot so maybe we can catch her more – let’s listen in and find out what she has to say about HK startups! For full show notes, check out GlobalFromAsia.com/episode131.

Difference Between an Accountant and a Bookkeeper

Michael MicheliniBlog, Corporate, Taxes0 Comments

All too often we can’t wait to get our Hong Kong limited open. You’ve been enjoying the Global From Asia podcast and blogs here on the site. Now you are looking into what are the ongoing costs. This post will explain the difference between accounting and bookkeeping. Read on to learn more.

Buying a Hong Kong Owned Chinese Company Out of the Box

Michael MicheliniBlog, Corporate, Investment1 Comment

We have heard a lot about buying a shelf company in Hong Kong, this is common talk in the blogosphere. But have we heard about buying a Hong Kong company that has a Chinese WFOE (Wholly foreign owned entity) with it? Today, we will dig into this, why you would consider buying a Chinese company, and what you need to do.

Differences in Corporate Tax vs Personal Tax for International Entrepreneurs

Michael MicheliniBlog, Corporate, Taxes1 Comment

Quite a few people want to have a deeper understanding of how taxes work. This is especially true when doing international business. I am not a tax lawyer and my tips and opinions should be verified with your tax professional before implementing.
Read on to learn more about differences between corporate taxes and personal taxes and understand more about international business tax.

Ok, done with the disclosure. Read on to learn more about differences between corporate taxes and personal taxes.

Features to Look For In Your Hong Kong Bank

Michael MicheliniBanking, Blog, Corporate1 Comment

As the global banking system has gotten more selective and difficult, more and more people are contacting me when they got rejection letters. A lot of times this is HSBC HK as everyone goes there first. This blog will go through the various HK bank features you want, and give some other banks to look at.

Stripe Released in Hong Kong!

Michael MicheliniBanking, Blog, Corporate13 Comments

Finally some good news to share – Stripe has started inviting people for the Hong Kong Market. We received reports from a few readers and others that they got private beta invites, and then yesterday we confirmed by a tweet Stripe shared on their official account 香港, 你好!We're now sending out invites for our Hong Kong private beta. You can … Read More