Osome Blog

Osome Blog is a resource for entrepreneurs and everyone who wants to become one. We help to avoid mistakes that can be avoided: save money, hire the right people, prevent fines, and make sense of the rules and legal requirements you will face on the way.

A Practical Guide to the Hong Kong Quality Migrant Admission Scheme

Looking to hire specialised individuals from overseas to work for you in your Hong Kong company? Then you’ll need to get acquainted with this scheme.

5 min read

Hong Kong Work Visa: A Fuss-Free Guide to Apply for One

If you’re an entrepreneur planning on relocating to Hong Kong, here’s all you need to know about applying for a work visa and how the process works.

4 min read

Find the Right Fit: Which Corporate Structure is Best for my New Company

Now you’ve decided to set up a company, which business structure would be the best? We take you through to find the right fit.

7 min read

A 4 Minute Guide to the Inland Revenue Department

Once you open up a company in Hong Kong, you’ll be dealing with this government agency a lot. Learn more about its role, functions, and services in Hong Kong.

4 min read

Withholding Tax in Hong Kong: What Is It and Who Pays It?

If your company is a resident company and you’re making specific types of payments to non-resident companies or individuals? You’ll need to know about withholding tax then.

4 min read

Getting your Business Registration Certificate

We illustrate how simple and seamless the process of getting a business registration certificate can be.

8 min read

A Guide to Opening a Representative Office in Hong Kong

Looking at opportunities in Asia as a starting base to expand your company, but don’t want to make too huge an investment? Foreign companies often explore Asia by registering a Representative Office in Hong Kong. Learn more about how to do it properly legally.

5 min read

Filing Your Annual Return in Hong Kong: A Quick Guide

Want to learn more about company annual return filing to Companies Registry in Hong Kong? Let's get you familiar with all the important details.

3 min read

What You Need to Know to Deregister your Hong Kong Company

We take you through the requirements, process, and what you can expect when you wish to deregister your company in Hong Kong.

7 min read

A guide for opening an offshore company in Hong Kong for entrepreneurs

This article will guide you on how to incorporate an offshore company in Hong Kong, the benefits of opening a Hong Kong offshore company, its formation requirements, the procedure, and timeline.

8 min read

Setting up your E-commerce Company in Hong Kong

Whether you have an existing retail business and are thinking of pivoting your business model, or just starting from scratch to open an online shopping store in Hong Kong, we’re here to help you make your company official.

7 min read

An Employers’ Guide to MPF in Hong Kong

As a new employer, you need to be aware of different schemes under the Mandatory Provident Fund (MPF) to kickstart your hiring process. This article will take you through what MPF is about.

7 min read

A Foreigner’s Guide to Setting Up a Company in Singapore from Hong Kong Within an Hour

We guide you on what you need to get your business in Singapore registered from Hong Kong. No plane ride needed.

9 min read

A New Business Owner’s Guide to a Company Audit in Hong Kong

A company audit assures that all the information in your businesses financial report is fair, accurate and compliant. So you’re a new business owner in Hong Kong facing your first company audit, this article is here to guide you through the process.

3 min read

Company or Common Seal in Hong Kong: Does your company need it?

A comprehensive guide to common seal in Hong Kong and whether your company needs it.

2 min read

A First Time Entrepreneur’s Guide to Starting a Business in Hong Kong

Want to know how to start a business in Hong Kong? In this article, we illustrate how simple and seamless the process can be. It all starts with an understanding of the basics which include licensing, registration and financial regulations.

6 min read

Financial Statements & Business Growth: What’s the Connection?

Want to expand your business and make smart financial moves? How about attracting the right investors or securing that new business loan? We unpack how your financial statement can be a helpful tool for business growth, take a look.

5 min read

How Hong Kong Collects Information About Company Ownership

Every Hong Kong company keeps records about the people and businesses who own it and influence its decisions. Those records make up the Significant Controllers Register (SCR). The authorities can ask for them at any moment.

6 min read

Guide to Hong Kong Tax for SME Owners

Hong Kong can boast one of the simplest and cheapest tax systems in the world. Is there a value-added tax? No such thing. How about a withholding tax or a capital gains tax? Again — nope. We will explain which taxes for private limited companies do exist in Hong Kong and how to pay them.

10 min read

A Quick Guide on Directors' Duties in Hong Kong

Being a director is as prestigious as it is cumbersome, or so they say. Let's look at directors' duties in Hong Kong and try to evaluate how much risk comes with this respectable job title.

8 min read

Entrepreneurial Burnout: Can I Love My Business Again?

Natalia owns a video production studio. Some time ago, her business was doing great, but she wasn’t. In this article, she explains what steps she took to change the situation and where it all led her.

8 min read

How an Entrepreneur Can Move to Hong Kong and Bring Along Their Team

Hong Kong employment visas can be pretty hard to get, so we created this quick guide to help you understand how to apply for one and assess your chances before you make the move. We break down the rules and describe the application process.

9 min read

What is a Business Registration Number (BRN)?

We explain everything you need to know about BRNs. This article is for people relocating their business to Hong Kong and those looking to incorporate a company there.

3 min read

Pointers to Get Your ID Approved by Companies Registry on Your First Try

When setting up a company in Hong Kong, foreign directors and shareholders must submit a notarized copy of their ID. We explain how to obtain a document that will pass the requirements

2 min read

2,000 Osome Clients

It took us 15 months to grow the first 1,000 clients. Now, only six months later, another 1,000 business owners joined us. Thank you for trusting Osome!

1 min read

Osome Becomes Xero’s Gold Partner

Osome has received the gold partner status from Xero, a cloud-based accounting software platform. With only 30 Singapore companies holding this title, Xero recognizes Osome expertise in bookkeeping, accounting, and taxation.

2 min read

Big Ben, Victoria Peak, and $3 Million

Osome announced a $3 million financing led by Target Global. The new investment will help expand its technology platform to the UK and Hong Kong, and already started testing these markets.

2 min read

Osome achieves Xero Platinum status in 3 months

Xero, the global small business platform, awarded Osome with a platinum partner status. This is the highest level of recognition that Xero offers to their counterparts, with only 3 other companies in Singapore holding the title.

2 min read

Traditional Banks vs. Neobanks: Whose Business Account Suits You Best

The so-called neobanks offer online banking, and they are affordable. So is opening a business account with a neobank a good idea? How is it different from turning to a regular bank? Let’s find out

5 min read

Tips on Opening a Business Bank Account in Hong Kong

In 2020, a mere wish to open a business account is not enough. One needs to convince the bank that they can trust them. Every case is unique, but we gathered some universal insights from practising lawyers, explained the procedure, and outlined the questions you will be asked

5 min read

A Private Limited Company in Hong Kong: Is It for Me?

A private limited company is winning the race among all the business structures in Hong Kong. We look under the bonnet of an Ltd. and why it might suit you.

4 min read

What Investors Want to Hear at Your Pitch

Talking someone into giving you money is hard, especially if we are talking millions. Osome Blog asked 3 founders who succeeded, 1 startup scout and 1 product lead to share their experience. Here’s what they told us.

10 min read

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