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  1. #1

    How to start your business in another country.

    I'm going to move to Asia, I'm very interested in how life works there, how the legislation is organized. How difficult it is to start a business there. If you have experience, tell me.

  2. #2
    It's always interesting to start something new, I hope you will succeed. I'll tell you my story. A year ago I decided to move to Hong Kong, I needed to register a company. I did it here. They helped me a lot with assistance with taxes and paperwork. I now have a work visa. Everything is legal and I like living here. It is interesting to develop a business when there are fewer difficulties on the way.It's always interesting to start something new, I hope you will succeed. I'll tell you my story. A year ago I decided to move to Hong Kong, I needed to register a company. I did it here. They helped me a lot with assistance with taxes and paperwork. I now have a work visa. Everything is legal and I like living here. It is interesting to develop a business when there are fewer difficulties on the way.
    Last edited by Lara21; 11-20-2020 at 01:04 PM.

  3. #3
    In my opinion, now the ideal option for starting a business is an online store with product delivery.For example, I am doing floristry, specializing in flower boxes, so you create an Internet platform like this one https://floraln5.com/blog/box-flower...-of-2020-7634/ and describe all the possible services that you can provide and promote your site.

  4. #4
    Hello. When opening a business in another country, you need to take into account the peculiarities of this country, legislation, business rules, etc. Before investing in a business in a foreign country, I suggest you test your business model. You can start here https://businessmodelanalyst.com/business-model/
    Last edited by LoboLobo; 02-11-2021 at 06:33 AM.

  5. #5
    Quote Originally Posted by wilow12 View Post
    I'm going to move to Asia, I'm very interested in how life works there, how the legislation is organized. How difficult it is to start a business there. If you have experience, tell me.
    It is important to find out the laws and info about taxes beforehand.

  6. #6
    Student melgrif's Avatar
    Join Date
    May 2020
    Location
    Montreal, Canada
    Posts
    30
    I agree that it is better to be ready as laws might differ in other countries. When I opened a business in Dubai, I faced issues with taxes and company formation. I had to address lawyers. I was glad to find a good law firm https://www.lawyersuae.com/. These guys are real professionals and they solved all my problems fast. So, my advice is to find contacts of the experts before starting a business, just in case.

  7. #7
    Recently, I also began to think about my own business, as I was tired of working for someone else's uncle. I want to have my own business, which brings me a lot of fun and good money. At the moment, I'm thinking about going online. I want to create my own online sports nutrition store. I have already borrowed a small amount of money https://maybeloan.com/payday-loans. I think that the previous year proved to all of us that online business is a very popular direction, which is definitely worth looking at. Do you agree with me? Do you have any experience in online business?

  8. #8
    Hello, before you start doing business abroad, you should consult with lawyers who specialize in this area. But an even better option for starting a business is to set up an LLC. LLC is the most convenient form of doing business. This form of a legal entity is optimal for starting a business: LLC is suitable for both a small business and a large production. Visit https://llcguys.com/oregon-llc/ for detailed information on the phased establishment of an LLC.

  9. #9
    Student
    Join Date
    Jun 2021
    Location
    Dubai
    Posts
    2
    First you must know the business legal process of that country, how things work there. Know about the working culture of people and their society as well. Learn their langauge a bit cause english is not spoken by many people. Also depends on what type of business are you going to operate? Process it legally then you are good to go.

    Best Wishes!!
    Auto Engineer at Jaguar service Dubai Center.

  10. #10
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