You could consider non-bank brokers which generally provide access to stocks at a much lower cost when compared to banks.
For example, Interactive Brokers charges as low as USD 1 per trade, and they are generally good for trading US stocks.
https://www.interactivebrokers.com/en/index.php?f=1590&p=stocks1
i-Access charges 0 commissions on trading HK stocks, and only HKD 5 flat per trade for Shanghai/Shenzhen Stock Connect.
http://i-access.com.hk/fee_e.htmlYou could consider non-bank brokers which generally provide access to stocks at a much lower cost when compared to banks.
For example, Interactive Brokers charges as low as USD 1 per tr...
Hong Kong is a small city, but have lots of capital and expats working in Hong Kong, those capitals do not have way to exit other than going to property and financial market.
That leads to housing price rise, commercial building price rise, rental fee rise, food price rise, everyone's salary need to rise to afford these high cost, a vicious cycle keep going and lead to a high living cost in Hong Kong.Hong Kong is a small city, but have lots of capital and expats working in Hong Kong, those capitals do not have way to exit other than going to property and financial market.
Those industry who can afford high salary is the easiest to get a visa, e.g. finance
Those companies can pay the visa cost for you and their industry is global facing, that means it is easy to justify why they need a foreigner to do the job instead of hiring a local.Those industry who can afford high salary is the easiest to get a visa, e.g. finance
Those companies can pay the visa cost for you and their industry is global facing, that means it i...
Covered by media means you made noise and your startup idea is interesting enough to draw attention from public, it doesn't guarantee your startup is going to survive by getting enough paying customers.
For the funding part, it is ''sort of easy'' to get seed rounds and series A funding in Hong Kong, but not the series B or above, startups after burning all the funding will need to face the difficult question: continue or not?
If you choice to continue, ask yourself two questions,
1) where is your funding coming from to sustains your daily operations?
(the human cost, the renting cost, the marketing cost, the research cost... )
2) you product seems to be not validated as you already spent the funding in testing the market, so what give you confidence to go further?
In short,
if you can't give yourself a solid answer, this is the time you stop and that's the reasons why Hong Kong startup, despite covered by media and receive funding, disappeared after a period of time.Covered by media means you made noise and your startup idea is interesting enough to draw attention from public, it doesn't guarantee your startup is going to survive by getting enough pay...
As a student, you can choose to work as a part time, there are mainly two stream: 1) part time job in university
2) part time job in the society
1)For part time job in university
it would be around HKD$55-60/hour working for different department in the university, it is called student helper. Job scope includes event helper, student ambassador promoting the university, preparation of promotional material etc.
The reason why these part time jobs exist are for the short term manpower need for special events which the university staffs can't fully satisfy.
2) For part time job in the society
it depends on what you are working on:
If it is a tutorial job for a primary student, it is around HKD$80-100/hour.
If it is a waiter job in restaurant, it is around HKD$40-60/hour.
If it is a event helper, it would be HKD$50-70/hour
If it is a office job for basic administrative work, it would be HKD$40-60/hourAs a student, you can choose to work as a part time, there are mainly two stream: 1) part time job in university
2) part time job in the society
If you want to meet more people working/ passionated in startup:
1. you can go to those co-working space in Hong Kong, they will organise a series of events/ talks about startup
2. go to startup exhibition like Rise Conference, HKTDC Entrepreneur DayIf you want to meet more people working/ passionated in startup:
1. you can go to those co-working space in Hong Kong, they will organise a series of events/ talks about startup
...
Starting from 2018/2019, Hong Kong profit tax rate would be updated.
For EBIT (Earning Before Interest and Tax)
Corporation (limited company):
Below HKD$2,000,000: 8.25%
Over HKD$2,000,000: 16.5%
e.g. A limited company's EBIT is HKD$3,000,000.
The tax would be:
HKD$2,000,000*8.25%+HKD$1,000,000*16.5%
=HKD$165,000+HKD$165,000
=HKD$330,000
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Unincorporated businesses(sole proprietorship/ partnership):
Below HKD$2,000,000: 7.5%
Over HKD$2,000,000: 15%
e.g.A sole proprietorship's EBIT is HKD$3,000,000.
The tax would be:
HKD$2,000,000*7.5%+HKD$1,000,000*15%
=HKD$150,000+HKD$150,000
=HKD$300,000 Starting from 2018/2019, Hong Kong profit tax rate would be updated.
For example, Interactive Brokers charges as low as USD 1 per tr...
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