Speak to an advisor: +852 5803 2409


HK$2000 OFF

when you

 when you register your company with Sleek

and subscribe to our accounting plans.

register your company with Sleek and subscribe to our accounting plans.


Industry Spotlight: Hong Kong

Welcome to Sleek’s Industry Spotlight, a monthly series that rounds up all that is buzzing in the world of business, finance, and entrepreneurship. We’ve got all the essential information that you need to know for your business – right here.


October news highlight

Hong Kong policy address

In his first Policy Address, Chief Executive John Lee announced new strategies to attract mainland and overseas talent to the region. Some of these strategies include:

  • Launching the Office for Attracting Strategic Enterprises (OASES) to draw good talent
  • Encouraging graduates from top universities to work in the region
  • Implementing a visa before a job offer through the ‘Top Talent Pass Scheme’

Read more

More funding for SMEs, extended rental and fee concessions
Further support will be given to help support SMEs. These include:

  • Raising the ceiling for funding for
    • Branding, Upgrading and Domestic Sales (BUD fund): from HK$6 million to HK$7 million.
    • SME Export Marketing Fund: From HK$800,000 to HK$1 million.
  • Setting up of new branding centres:
    • Hong Kong Economic and Trade Office in Guangdong
    • GoGBA Business Support Centers

Read more

Changes to the Companies Registry

From 24th October 2022, Phase 2 of the new inspection regime of the register of the Companies Registry will be rolled out. Under this phase, Hong Kong companies will be able to limit the disclosure of certain personal information of their directors and secretaries to the public.

Read more

Hong Kong ties for first in Asia for mobile banking experience

The International Mobile Banking Benchmark, conducted by Sia Partners, has revealed Hong Kong to provide the best mobile banking experience in Asia, tying with Singapore – and fifth worldwide.

“Hong Kong mobile banking standards showed a significant year-over-year improvement in 2022 and are catching up with Western peers,” said Jeremy Fetiveau, associate partner in Sia Partners’ Hong Kong office.

Read more

Russian companies considering Hong Kong as a business haven

Companies in Russia are exploring Hong Kong as an alternative for business opportunities. One draw factor to the region could be China’s friendly relations with Moscow, which have been maintained as the political situation continues. This offers a window of opportunity for outside capital for the affected companies.

Read more

September news highlight

Unemployment falls but Hong Kong’s economic growth remains uncertain

The Census and Statistics Department reported that the unemployment rate in Hong Kong fell to 4.1%, with the number of unemployed residents dropping from 168,200 in May-July to 161,900 in June-August.

Despite this, industry experts are cautious about Hong Kong’s overall recovery as exports in July fell by 16.2% in volume amidst the tightened financial conditions and the rebound in Covid infections.

Read more

Bolder steps set to revive Hong Kong’s business growth

Experts are calling for the Hong Kong government to take more aggressive measures in their roadmap to post-COVID living. This came after many postulate that current measures, such as Hong Kong’s new “zero-plus-three” quarantine policy, must be further updated in order for the region to retain its global competitive edge.

Read more

Fintech ecosystem still going strong

Hong Kong’s fintech ecosystem will continue to remain “very strong” according to Neil Tan, chairman of the Fintech Association of Hong Kong (FTAHK). Mr Tan believes that despite the challenges brought about by the pandemic, Hong Kong will be able to overcome these adversities and remain resilient.

Mr Tan highlights accelerator programs, special-purpose acquisition companies (SPACs), and cross-border connect schemes as being key to the development of Hong Kong’s ecosystem.

Read more

Hong Kong strives to lure in new talent

The Hong Kong government is planning to seek new talent in the fintech and Environmental, social, and governance (ESG) sector. The government is currently planning to do this by offering benefits such as HK$10 million in fintech proof-of-concept cash subsidies and easier immigration for individuals with a bachelor’s degree in ESG and relevant experience.

Read more

F&B establishments in hot water

Approximately 8,000 restaurants in Hong Kong are at risk of closure as rent deferral periods comes to end. This deferment period was introduced to help F&B establishments cope amidst the pandemic’s challenging times. As social distancing measures continue to persist, many landlords are unable to extend the deferment period, resulting in tenants having to pay their outstanding months of rental.

Read more

Ready to grow your business?

Our expert team is here to help you. Explore our incorporation services or contact our team to get personalised advice today.

Start a business in less than 3 hours with us. Talk to our experts today.

Subscribe to our newsletter

Our jam-packed newsletter covers monthly compliance updates, upcoming events and exclusive offers

Other articles that might interest you

Related content

Contact us

We’d love to help. Share your contact details and we’ll call you back

Start a business in less than 3 hours with us. Talk to our experts today.

WhatsApp Us
whatsapp icon

Chat with us on WhatsApp from your mobile

30 day moneyback guarantee

30 Days Money Back Guarantee

Our refund policy:

We care about you – within 30 days from your purchase, if you’re unhappy with our services, we’ll refund our fee. Email or call us, and we’ll process the refund within five working days.

What it doesn’t cover:

We will not be able to refund Government fees once the application has been submitted, nor any third-party processing fees.

When it applies:

We cannot guarantee any specific legal outcomes when you use our services. For instance, a company registration might be filed correctly but still get rejected by the Company Registry for reasons beyond our control. We can only refund our fees for issues we are directly responsible for. In the case that you purchase a service and later change your mind, we can’t issue a refund.

Our customer support team is at your disposal for any questions or issue you may face.

Need help?

Our sales team is available from Mon - Fri 9am to 7pm (Hong Kong Time)

Let's get in touch

Book a time with our experts to guide you in finding the best solution.