Oct

Setting up your company and opening a bank account in HK

by Campfire Collaborative Spaces

Event Information

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Date and Time

Wed, 25 October 2017

7:00 PM – 9:00 PM HKT

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Location

Campfire Collaborative Space

4/F Cheung Hing Industrial building, 12P Smithfield road, Kennedy Town

Hong Kong

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Event description

Description

Learn how to overcome the challenges of opening maintaining a company in HK.

Laurent Timmermans, founder of ATHENASIA Consulting, will cover

INTRO

• The Hong Kong advantage

• Why Limited over a sole proprietorship?

HOW TO SETUP A LTD IN HK?

• Procedure, paperwork

• DIY vs Working with consultants (+ Costs breakdown)

• Bank account opening (AKA the @$%# Bank challenge)

HOW TO MAINTAIN YOUR COMPANY IN HK

• Legal maintenance (+ costs breakdown)

• Accounting audit and tax obligation (+ Costs breakdown)

David Rosa, CEO and Co-founder of Neat, will talk about one of the biggest frustrations for startups setting up in Hong Kong

OPENING A CORPORATE BANK ACCOUNT

• The requirements to open a bank account in Hong Kong

• Common reasons for banks to reject startups

• Shortcomings of the current (corporate) banking system

• Neat business: the alternative to a corporate bank account that he and his team have been building

ABOUT THE SPEAKERS

LAURENT TIMMERMANS

Laurent is an entrepreneur, consultant and educator. Founder and Managing Director of ATHENASIA Consulting specialised in Business Planning, Company Setup & Maintenance, as well as accounting/audit/Tax in Hong Kong.

In his quest to support entrepreneurship, he has developed online courses delivered in 187 countries around the world by more than 35,000 students. He has worked for almost 10 years in management consulting previously with Dale Carnegie Training and a local advisory firm that was contractor of MTR.

DAVID ROSA

David is CEO and co-founder of Neat, a fast growing Hong Kong based fintech startup. David has over 20 years of experience in financial services. He spent most of his career at Citigroup, where he was the youngest managing director of Citigroup in Asia.