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A comment on Why we are taking our startup to Hong Kong and other crazy stories of 2011. Parent comment

Re:Why we are taking our startup to Hong Kong and other craz... by latch on Sunday December 18, 2011 @08:34PM (#3368088)
You'll pay about 15-16% income tax in hong kong, there's no capital gains tax, no sales tax, no tax on dividends.

Hong Kong is also a global flight hub...in fact, compared to the US, most places in Asia are relatively close to each other.

If Singapore does have a tax advantage or a geographic advantage, it really can't be significant enough to be the reason you pick one versus the other.

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Re:Why we are taking our startup to Hong Kong and other craz... by jacques_chester on Sunday December 18, 2011 @09:16PM (#3368175)
Singapore is much closer to Australia. For me personally, that's a big advantage.

If however I were doing business in China, Korea or Japan, Hong Kong would be a better base.

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