Opportunities

There are successful people who experienced a lot of failures first before they reached whatever position they are in right now. What these people did was not to get affected by these failures and instead just rise above them. If you have been experiencing a lot of failures lately, the best thing that you can do is to not get discouraged and continue trying. The moment you stop trying, that is the time you can really tell yourself you failed. Instead of feeling bad or sorry about yourself, rise above your troubles. Here are some tips on how to achieve success.
First, set a specific goal for yourself. Know exactly what you want to do. Focus on a single goal instead of having too many. Multitasking often results in not being able to do any of the tasks well. Just concentrate on one goal so you can devote enough time and attention on it.
Study all your options. What are the things that you must do to achieve that one goal? Determine which ones you should do first and which ones should take the last priority. Usually, it is best to do the small ones first.
Set a time table. Set when you want each task to be finished. Make sure that you set achievable objectives so you don’t get frustrated when you fail to meet them.
Get support from the people around you. They can either directly help you with what you are doing or they can provide moral support to boost your confidence.
Just always remember that it is not only you who experience failures. Even the successful ones went through those.
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Hong Kong is popular for investments and offshore company formation, having achieved first place in the “Index of Economic Freedom” fifteen years in a row (until 2009). The index takes into account factors such as business freedom, investment freedom, property rights and freedom from corruption. With one of the lowest corporate tax rates in the world (16.5%) and zero tax on foreign sourced income, Hong Kong is also an ideal jurisdiction for tax-efficient business, without being perceived as an international tax haven.
Setting up a company in Hong Kong can take as little as 4 working days and with the aid of a professional services firm is relatively simple. The procedure is as follows:
The corporate services firm collects the required due diligence and confirms the required servicesLegal, accounting and tax implications of company incorporation are settled with the professional services firmCompany name availability is reviewedProfessional services firm, and the client, discuss and agree optimum required corporate structure for new entityThis includes the number of shareholders and directorsIncorporation documents are delivered for signing and returned to corporate service firm for processingService professional handles the business incorporation with the relevant government bodiesBusiness incorporation in Hong Kong is complete
After forming a company in Hong Kong, new entities often face other important requirements in new business set up. These can include opening a corporate bank account, obtaining corporate and trade finance as well as merchant accounts, and identifying a local office space or virtual office.

World-class multi-currency accounts and internet banking facilities are readily available in Hong Kong. Entrepreneurs can choose amongst leading international banks that operate in Hong Kong, to open their corporate bank account for their new Hong Kong business, and will enjoy having no foreign exchange controls or restrictions on inward and outward investments –a selling point for operating international business from a Hong Kong office.

Marketing components such as the company website, search engine advertising and the company logo are other factors that play a major role in the success of a newly set up company.

Setting up a company in Hong Kong can ultimately be seen as a profitable, long-term investment for any business given the noted tax benefits, ease of incorporation and Hong Kong’s position as a reputable, secure and effective jurisdiction. Furthermore, Hong Kong provides a gateway to China, the 3rd largest economy in the world.
Minimum requirements to set up business in Hong Kong:
One shareholderOne director, any nationality/residenceCompany secretary, either Hong Kong resident or Hong Kong companyA registered Hong Kong office addressAuditors, from firm of Hong Kong accountantsBusiness Registration CertificateOne person can act as director, shareholder and secretary, except if sole director, he/she cannot act as secretaryNo minimum share capital requirements
Healy Consultants is a leading corporate services firm that assists entrepreneurs and investors with their company incorporation requirements. The firm provides a range of services including Hong Kong Company Formation, tax planning and offshore investing. More information on company incorporation can be found by visiting http://www.healyconsultants.com

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In this article, we will talk about different web sites that are useful when doing business in China, includes search engine, business directories and some other websites.

According to latest research made in fourth quarter 2005, there are over 100 million Internet users in China. (China rank second just after U.S.) However, it just covers 7.9% of the population. More important is that 63% of these Internet users have performed online purchase. Over the past ten years, the growth rate of Internet user is 300%. We can expect that the online market in China have enormous potential.

First We will introduce different search engines in China and Hong Kong. (Hong Kong is always the gateway for your business to get into China, so we will get it in count). If you want to get your website be searched by 100 million Internet users, you’d better make submission to the following search engines. Most of these search engines welcome website in English too. It’s much better if you have your website in Chinese.

You may find difficulties in submission to some of the websites if you can’t read Chinese. You can try to email the web master about your site and leave them the related info, likes URL, site title, description, email address, etc. And you can submit to the Google & Yahoo directory first as some of the search engines will follow these two big players and crawled your website.

Baidu

Baidu is China’s Google. It is the most popular search engine in China. To submit website to Baidu, click below:

http://www.baidu.com/

Netease

Netease is another big search engine in China. Similar to Yahoo, it provides search engine and portals with different nformation/services.

http://www.163.com/

Sina

Sina.com is targeted to serve the Chinese community, include China, Taiwan, and Hong Kong. It has different portal for different areas. Sina.com provides large number of services; include directories, search engine, blog, chatroom, etc.

http://www.sina.com.cn/

Sohu

Sohu.com provides similar services as Sina.com. It has over 100 million registered users and has 250 million pages viewed daily.

http://www.sohu.com/

Timway

Timway is a Hong Kong based search engine. It also provides searching services to other Hong Kong’s portal.

http://www.timway.com.hk/

Google China/Hong Kong

http://www.google.cn/

http://www.google.com.hk/

Yahoo China/Hong Kong

http://chinese.yahoo.com/

http://www.yahoo.com.hk/

To do business in China, you need to work with some business partners. You can locate your buyers/suppliers thought the business directories. If you just send emails to ask for co-operation, you may suffer with Spam. You need to find reliable partners to work with and get rid of those fake partners. Here we list some famous business directories/portal, which can help you find your buyers/suppliers in China.

Alibaba

Famous Manufactures/Suppliers/Exporters/Importers Directories, you can find all your business needs here.

http://www.alibaba.com/

ChinaBig

It formed by China Union, PCCW Limited, R.H.Donnelley and INFOSPACE. It provides yellow page services and you can find different categorized company information, selling leads and buying leads.

http://www.chinabig.com/

Hong Kong Trade Development Council

TDC provides different business information, includes sourcing guide, business matching, market information and trade events. The sourcing guide covers China, Hong Kong and Taiwan and is one of the biggest sourcing guides in the region. tdctrade.com also provides news about Hong Kong business economy and China trade. It provides different languages support, include English, Chinese, Japanese, Deutsch, Francois, more.

http://www.tdctrade.com/

Directory of Chinese Suppliers

It’s an English directory listed over 250,000 Chinese suppliers in 30 categories.

http://www.chinese-suppliers-directory.com/

China Supplier Directory

It’s another directory, which lists China Suppliers. The directory is well organized. You can find details company information; include company background, address, and contacts.

http://www.tradebig.com/

China Business Directory

It is a business directory but with over 170,000 Chinese companies listed in English.

http://www.chinainfo.org/

Of course, doing business in China, you need to know their law, culture and working style first before getting in. You may find following website useful.

This HSBS webpage covers different topics in doing business in China. It talks about how to setup different type of business entities in China. It also has a section to discuss the taxation, include corporate tax, personal income tax and indirect taxes. You need to understand the legal system to run your company better. The HSBC webpage provides introduction on the advertising law and labour law.

http://www.hsbc.com.hk/hk/commercial/chinabiz/default.htm

In this China-Window.com website, you can find a lot of business culture and tips. You can know how to addressing Chinese. You can know how to handle business gift-giving issues in China. You can understand how important of business networks in China. You are advised to explore the website if you want to have a deep understanding on the business culture in China.

http://www.china-window.com/chinabusiness/doingbusinessinchina/index.shtml

This is an Extract from Guide to Doing Business in China. Though it is dated as November 2004, it is a good reference. It talks about foreign investment management, import/export, taxation, foreign exchange, finance and account, staff recruitment, etc.

http://www.tdctrade.com/chinaguide/

ChinaToday.com provides general information about China. It provides information about trade & investment, cities, entertainment, travel and weather. You can find all the basic information over there.

http://www.chinatoday.com/

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