Members' News

Reasons why Hong Kong firms should expand into Thailand

An Article by Alpadis Group

Alpadis Group – Reasons why firms should expand into Thailand

Thailand is one of the largest economies in Southeast Asia and is a tech and industry hub in its own right. In addition to world-renown beaches and delicious food, it has become a centre for entrepreneurs and start-ups, a place where multinationals establish their offices and factories and investors look for growth.

Alpadis Group, the provider of multi-jurisdictional corporate and bespoke fiduciary services, has recently opened its office in Bangkok and entered into a partnership agreement with Mahanakorn Partners Group (MPG), a leading business law firm.

For members seeking new opportunities in the second largest economy in Southeast Asia, Alpadis Group provide a wide range of services that help you and your company get set up and positioned for growth.

Their team will advise on the best commercial structures and assist with company incorporation and related corporate secretarial services. They will assist with HR and recruitment, including visas for foreign employees. Their tax and accounting team will ensure that you and your company are fully compliant with all relevant regulations and laws.

Through MPG they are able to offer a full range of legal services, allowing you to operate and thrive in Thailand’s diverse business environment.

And there are good reasons for doing business in Thailand, for three of them, click here

Get in touch with Alpadis Group now for more information on how they can help you enter Thailand.

Stock Options Sauce Chinoise

An Article by BLF Law Group

BLF Law Group – Stock Options Sauce Chinoise 

If you have employees in China, you definitely know how difficult it is to keep them.

From a legal point of view, the question that always comes up for foreign investors is whether it is possible to set up stock option plans for their employees in China?

If you try to find the answer online, you will find dozens of articles, each one more complex than the next, but none of them offering a synthetic and practical answer to your question.

Concretely, if you are a foreign investor in China, wishing to offer stock options to your Chinese employees, there are two main options available to you.

Read the article here for more insight on this topic.

“BUD FTA Programme" the Government Fund that supports Hong Kong companies

An Article by Fidinam Hong Kong

Fidinam Hong Kong  – “BUD FTA Programme”, the Government Fund that supports Hong Kong companies towards their expansion in South East Asia and Switzerland

Set up in June 2012 by the Hong Kong Government, the “Dedicated Fund on Branding, Upgrading and Domestic Sales” (“BUD Fund”) originally aimed at supporting Hong Kong enterprises in exploring and developing the Mainland market through (i) brand development, (ii) upgrade and restructure of operation  and (iii) promotion of domestic sales.

In order to further support local enterprises during their expansion plan towards new markets, the Hong Kong Trade and Industry Department (TID) decided to extend, starting from January 2020, the geographical scope of the BUD Fund to include all economies with which Hong Kong has signed Free Trade Agreements (FTAs), including therefore all the ASEAN countries and other jurisdictions that signed an FTA, including Switzerland.

Hong Kong companies may receive funds to cover costs raising from following activities:

  • Operating costs for setting up a new business entity in FTA markets
  • Branding and marketing related activities;
  • Costs related to Trademark/Patent registration
  • Cost for advertisement and enhancing company website

Read the article here for more insight on this topic.

Why And How We Should Reconsider “Digital Transformation”

An Article by Christoph Burgdorfer

Christoph Burgdorfer – Why And How We Should Reconsider “Digital Transformation”

With technology evolving at break-neck speed, it’s important for businesses of all sorts to keep pace.

Business models are turned upside down, services have to be re-invented, business interactions that were completely unthinkable just 10 years ago are de-facto standard today.

The world is getting increasingly interconnected, and this inter-connectivity will have to make you rethink your business if you want to survive.

Read the article here for more insight on this topic.