Startups and technologies in Hong Kong – development during quarantine. The rapid widespread of COVID-19, as well as the measures taken to completely isolate people, have led to the fact that most firms have introduced remote work for their employees.
Contrary to popular belief that telecommuting is far less productive than regular scheduled jobs, experience has shown that some industries have even managed to improve significantly their sales figures.
At this stage of technological development, the following works can be performed online:
It is clear, that the activity that lies directly in production processes cannot be carried out remotely. However, remotely it is possible to resolve all issues that relate to some other aspects of the enterprise.
It is allowed to open a business remotely. It is also possible to register a new company, just sitting at home. Moreover, in this way it is possible to register a company abroad, for example, in Hong Kong.
The economy of the Hong Kong region is going through extremely difficult times, as is the whole of China. The demand for some product groups has dropped by almost 90%.
Here we are talking about jewelry, travel packages and more. However, despite such difficult conditions, the government introduced certain measures to support business activities and the population in general:
You can register a new company in Hong Kong remotely. The regional government took care of this. Using this measure, you will be able to organize and officially register a company, no matter where you are.
This is a good move not only to attract more investors, but also to create a favorable environment for future entrepreneurs, because movement within and between countries is currently difficult.
In addition, Hong Kong itself has many advantages for those looking to start a new firm.
You can manage your business project remotely by successfully developing it. In the future, you will have the opportunity to go to Hong Kong and settle there on a permanent basis.
To register a company, contact specialists who know a lot about such matters and have many years of experience in such cooperation.
The accounting department of the company must compile quarterly, annual financial reports and provide declarations to the tax service. Contact us for more information.