Hong Kong SAR vs. Singapore: What's Next for Foreign Investors in Asia?

It is difficult for foreign investors to choose a clear winner between Hong Kong SAR and Singapore as the base for their Asia business: both territories are highly attractive for businesses in Asia due to their superior infrastructure, location, and business-friendly political and taxation systems. Hong Kong and Singapore’s many similarities have made them long-time rivals battling for the title of Asia’s leading financial center. 

The decision to choose a best destination must be considered not only by looking at each region’s strengths and weaknesses, but also at the unique requirements of one’s business in terms of industry and strategy.

What are some the advantages or challenges that investors should consider when they intend to establish their businesses in either Singapore or Hong Kong? The pandemic and regional unrest have led many businesses to reassess the best location for their Asia strategy - what are the possible solutions? 

In this upcoming webinar, our International Business Advisory Managers David Stepat and Guilherme Campos will look at the differences and similarities of the two leading business hubs, analyze the respective benefits for different industries and business models, and explain viable alternatives to existing presence including relocation, setting to dormant, etc. 

Key points: 

• Hong Kong vs. Singapore: Which is a better choice for you
  - Business climates
  - Ease of doing business: A comparison
  - Looking at benefits for key industries and different models

• Pause or Restart: Alternatives
  - Deregistration / winding up / dormancy of business in Hong Kong
  - Setting up in Singapore: Incorporation process and employee transfer

• Q&A

This webinar is FREE of charge. If you have any questions or concerns, please contact Holly McCleery. We look forward to having you join us in this webinar and answering any questions you might have on the subject. 

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