HK vs SG
Hong Kong and Singapore are both leading financial centres in the world, with various pros and cons. HACOS sort out their features to help you choose the best place for your business.
ADVANTAGES
Singapore has always performed well with the most outstanding economic environment in the world. It took first place in the 2019 Global Competitiveness Index 4.0.
Here are a few of its advantages:
Safe political environment
No exchange control
Good renown
Short processing time
Mature legal system
Low tax rate
Easier to apply for
...
SUITABLE FOR
Those who run foreign trade business, agency, soho
Those who have HK account and have received an investigation letter
Those whose HK account is forced to be closed for various reasons
Those who receive and settle forex in a risky way
Those who want to exchange currency, or carry forex out of the country
Those who want to plan the tax or have low burden on tax...
PROCEDURE
Register a new company
If you already have an offshore company, this step is no longer required.
Prepare and submit required documents
Get a guide about the interview
We will offer a guide for you to ensure that your application successfully gets passed.
Make an appointment for the interview
KYC interview
You'll have an interview with the bank manager for 20 to 30 minutes.
Application passed
Simple and easy with HACOS's help.
If you want to know more details, please contact COCO!
Phone number/WeChat: 17846997168
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