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Want To Be An Entrepreneur In Hong Kong?

Covid19 has been, and continues to be, the bane of Hong Kong but it’s going to end, sooner rather than later, and now is the ideal time to bring forward those long standing plans to ditch the rat race of full time employment and get your entrepreneurial mojo kick started to progress your fortunes in our beloved HKSAR.

PRACTICE UPDATE: How the content must now be read in light of current ImmD policy:

Historically, this overview explored the ambition of foreign nationals seeking to establish a commercial presence in Hong Kong as startup founders under the General Employment Policy. The Geeza encouraged aspiring founders by illustrating how accessible the territory’s business landscape was: an applicant did not need a sprawling multinational footprint, vast financial reserves, or heavy institutional backing to secure an investment as entrepreneur visa. Rather, ImmD approached applications with administrative flexibility, welcoming lean boutique agencies, consultancies, and sole proprietors who could demonstrate professional credibility, bring modest seed funding of a few hundred thousand dollars, operate from serviced desks, and commit to creating local employment over a multi-year horizon.

The game has changed from an inviting gateway for bootstrapped founders into an unforgiving, high-stakes corporate audit. ImmD no longer treats entrepreneurship as a self-starting journey that can be nurtured into viability after arrival. Under post-April 2026 administrative practice aligned with TTPS Category A substance (~HKD 2.5M enterprise scale), aspiring entrepreneurs face a strict, non-negotiable operational checklist at adjudication. The corporate vehicle must already possess HKD 1.5M–2.0M in deployed corporate bank liquidity, an executed commercial lease for exclusive physical premises (“four walls”), and active MPF payroll for 2–3 local permanent residents. Unless the venture has already achieved admission into an accredited government incubation scheme, aspiring to launch a business on modest capital and flexible plans will result in immediate, summary refusal.

To help you move forward, I am pleased to announce a Webinar on July 7, 2022 @ PM with my colleagues Will Probert of Zzzzip Ltd and Bertrand Theaud of banking solutions provider Statrys.

From difficulty to success, hear how we ourselves as entreprenuers managed this journey and built our businesses in Hong Kong and internationally!

We’ll cover:

✅ How to set up a company in Hong Kong
✅ The main concerns when starting a company and how to obtain a business bank account
✅ Switching from an employment visa to an entrepreneur visa

Learn from our real and personal experiences and what awaits you on your own entrepreneurial journey in Hong Kong.

Want To Be An Entrepreneur In Hong Kong? Don’t Miss!

📅 Date: 7th July 2022, Friday
🕔Time: 5:00 PM HKT (until 6 PM)
🚀 Register here: https://lnkd.in/dA9iyB78