Advantages and disadvantages of a Limited Company

Advangtages and disadvantages of a Limited Company – a summary

Marketing INCORPORATION

Advantages and disadvantages of a Limited Company Last week, we discuss the advantages and disadvantages of a Limited Company in details. Here is the summary for your clear understanding. Disadvantages  Involvement of considerable documentation and expenses in forming and maintaining a company.  A company has to disclose certain information to the public. This happens by filing returns with the Companies Registry, …

What are the Disadvantages of a Limited Company?

Marketing INCORPORATION

Limited Company A limited company has several disadvantages, such as: Publicity: a company is required to disclose certain information to the public by filing returns with the Companies Registry, such as: – Personal particulars of shareholders – Personal particulars of directors – Company secretary – Transfer of shares – Capital structure – Annual Accounts Expenses: There are the expenses of …

What are the Advantages of a Limited Company?

Marketing INCORPORATION

Limited Company A limited company has several advantages, such as: Limited liability: the liability of the shareholders for the company is limited to the amount of their respective shareholdings. If the company collects a lot of debt and is unable to pay it back, they may wound up the shareholders so that the assets owed by the company will be …

GOODS AGREEMENT

What Does It Mean to be a Hong Kong Company?

Marketing INCORPORATION

A Hong Kong Company First, in Hong Kong, companies are incorporated in the Companies Registry which apply to every Hong Kong Company. Further, there are many different kinds of companies. However, 99% of investors set up their business by forming a “private limited company”. In addition, there are around 2,000 public companies and more than 500,000 private limited companies in …

CHASE PAYMENTS AND RECOVER DEBT

Marketing INCORPORATION

For small business, debt recovery is a major issue. This is especially stressful when margins are tight. Understanding how to deal with late payments and debts is crucial to managing a company efficiently. In order to prevent late payment issues, you can take a number of steps. The first one being conducting background checks on customers. This will ensure you …

Business Referral Agreement

Marketing INCORPORATION

When a business is collaborating with another business to provide referrals, it would be smart to outline the agreement with a Business Referral Agreement. This agreement delineate details including: How much?, When?,  and How the referrer will be paid? This type of agreement can help support the development of your business. For more information on Hong Kong business, get in touch with …

CONSIGNMENT AGREEMENT

Marketing INCORPORATION

If the supplier of a good wishes to retain ownership of the said good when it is being sold by another party, a Consignment Agreement is necessary. This document is specially created for the instance when a consigner (person or a business) entrusts goods to a middleman for the purpose of selling goods to an end customer. In this arrangement, the consigner typically does not pay the …

Issue invoice

ISSUE INVOICES ON TIME

Marketing INCORPORATION

ISSUE INVOICES ON TIME Getting the money owed to you is key to surviving the start-up phase. An invoice breaks down the costs provided, the total amount due, and how the customer should pay for their received bill. By using an invoice, you can keep track of who has paid, who has not paid, and the condition of your cash flow. Invoices provide a …