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How to Acquire and Process a Shelf Company in Hong Kong

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How to Acquire and Process a Shelf Company in Hong Kong

Because of the positive direction that the economy and market of Hong Kong are heading, more and more entrepreneurs are looking for ways to invest in Hong Kong. However, not many are willing to get through the tedious steps of starting a business from scratch. The good thing is, you don’t have to, as Hong Kong is also home to many shelf companies entrepreneurs can easily take advantage.

What is a shelf company, and how can one acquire it? This article lays down the complete essentials of what you need to know before purchasing an offshore company in Hong Kong. 

What is a Shelf Company?

A shelf company, or a ready-made company, is meant for investors who plan to start a business instantly and not go through the lengthy registration process. Simply said, shelf companies are pre-registered businesses that are ready to be used. 

Some incorporation intermediaries pre-register several companies to resell. Upon purchase of a third party, the will acquire ownership of the company. This change of ownership will be legally reflected in the companies registry by filing for an amendment of directors and shareholders. Once the changes are filed and approved, the company is ready to use it under the new owners’ charge

Acquiring shelf companies prove to be more convenient for investors in Hong Kong. It is a profitable way for entrepreneurs to jump-start their business. It is less hassle and takes a shorter time to process than starting a business from nothing. 

How to Buy and Process a Shelf Company?

Many firms in Hong Kong deal with selling shelf companies. Youselling company’s help can acquire a shelf company that is closest to the ideal business you are looking at a fee. Buying a shelf company is much simpler because you also get the selling company’s help to process the purchase. 

You do not have to go through a registration process any more. Instead, you only have to apply for transfer of ownership and changes in the business’s details. To buy a shelf company, you have to consider the following information:

  • Business Name
  • Office Address
  • Company Secretary (optional)
  • Filling Out of Relevant Business Application
  • Articles of Association

Other necessary documents may also be required, depending on the industry applied or on other exceptional circumstances. To process the acquisition of the shelf company, you will have to pay a fee, partly for the purchase of the company itself and partly for the processing of amendments. Upon signing the necessary materials, the companies registry will issue the amended articles of incorporation after 2-3 days.

Advantages of Buying a Shelf Company

Investing in business though a shelf company in Hong Kong is advantageous because of the following benefits:

  • Faster and more convenient processing
  • Eliminates registration processing
  • Allows the business owner to focus more on business functions
  • It gives a sense of longevity and confidence
  • Easy opening of a bank account 

Compliance Requirements of a Shelf Company

A shelf company works as well as any other regular company. As such, the obligations of a shelf company is ultimately the same as that of other Hong Kong companies. The company has to maintain records and file for taxes appropriately.

Acquire a Company in Hong Kong

Are you looking for ways to invest in Hong Kong? Buy a company in Hong Kong today with expert teams from Easy Buy Sell Business. We can help you find the right business for you and provide you with a business for sales portal that allows for convenient purchasing of a business. Contact us today to get assisted in choosing the ideal business for sale in Hong Kong.

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How does acupuncture work? All you need to know

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How does acupuncture work? All you need to know

Acupuncture work

Chinese traditional medicine is considered very effective. It consists of many unique methods of treating diseases. Many countries around the world are studying these theories and are beginning to apply them in practice in their clinics. One of these methods is acupuncture. It helps cope with a large list of diseases as well as improve the overall condition of the organism. You can undergo the procedure at a Cross-Up Chiropractic clinic, which employs qualified specialists.

Briefly on the term “acupuncture”

Acupuncture (acupuncture) is an ancient Chinese treatment method. During the procedure, the patient is injected with special needles into the biologically active points. According to Chinese theory, it is believed that the Qi energy is flowing in a person, and only this energy can ensure good health. If it starts to stagnate, various diseases occur. There are over 500 such active points on the human body. They are all connected to each other.

Acupuncture helps:

  • reduce pain;
  • improve the condition of the skin, hair and nails;
  • restore normal hormone synthesis;
  • increase overall immunity;
  • to flush out all the toxins;
  • remove muscle cramps;
  • improve blood circulation.

Acupuncture can really help with a problem with any system of the body.

How does acupuncture work?

A course of acupuncture can only be performed by a specialist who has appropriate training and a license. A person must know when and in what place to insert needles depending on the disease.

The session usually takes place in the comfort of a warm, quiet place on a soft couch. The right amount of needles is injected into a certain part of the body (depending on the problem). The patient usually feels nothing and there is no pain. The session lasts for 15-30 minutes. Then the acupuncturist takes the needles out.

Three to 15 sessions may be needed to improve your health. Everyone feels differently after the treatment. Some feel relaxed and sleepy, others feel a burst of energy.

What can and can’t be done after the procedure?

Immediately after the session, it is recommended that you just lie down for 10-15 minutes and drink water. But these are not all the rules that must be observed. For the duration of the treatment and for two weeks after it, you can’t:

  1. Take any alcoholic beverages. Keep coffee and tea to a minimum. It is better to ask your doctor how much you can drink per day.
  2. Heavy physical activity. Many people feel so energized after the first sessions that they are ready to do something and exercise around the clock. This is not the way to do it. It is better to let the body rest.
  3. Strong drugs like antidepressants, painkillers, and antibiotics are forbidden. Before starting therapy, it is better to ask a specialist about the compatibility of medications and acupuncture.

And the most important point is that for effective results, you need to take a full course of acupuncture. Some patients see an improvement after the second or third time and decide that they have had enough. This is categorically not the way to do it. Only a completed course can benefit the body.

Chinese traditional medicine is considered very effective. It consists of many unique methods of treating diseases. Many countries around the world are studying these theories and are beginning to apply them in practice in their clinics. One of these methods is acupuncture. It helps cope with a large list of diseases as well as improve the overall condition of the organism. You can undergo the procedure at Cross-Up Chiropractic clinic, which employs qualified specialists.

Briefly on the term “acupuncture”

Acupuncture (acupuncture) is an ancient Chinese treatment method. During the procedure, the patient is injected with special needles into the biologically active points. According to Chinese theory, it is believed that the Qi energy is flowing in a person, and only this energy can ensure good health. If it starts to stagnate, various diseases occur. There are over 500 such active points in the human body. They are all connected to each other.

Acupuncture helps:

  • reduce pain;
  • improve the condition of the skin, hair, and nails;
  • restore normal hormone synthesis;
  • increase overall immunity;
  • to flush out all the toxins;
  • remove muscle cramps;
  • improve blood circulation.

Acupuncture can really help with a problem with any system of the body.

How does acupuncture work?

A course of acupuncture can only be performed by a specialist who has appropriate training and a license. A person must know when and in what place to insert needles depending on the disease.

The session usually takes place in the comfort of a warm, quiet place on a soft couch. The right amount of needles is injected into a certain part of the body (depending on the problem). The patient usually feels nothing and there is no pain. The session lasts for 15-30 minutes. Then the acupuncturist takes the needles out.

Three to 15 sessions may be needed to improve your health. Everyone feels differently after the treatment. Some feel relaxed and sleepy, others feel a burst of energy.

What can and can’t be done after the procedure?

Immediately after the session, it is recommended that you just lie down for 10-15 minutes and drink water. But these are not all the rules that must be observed. For the duration of the treatment and for two weeks after it, you can’t:

  1. Take any alcoholic beverages. Keep coffee and tea to a minimum. It is better to ask your doctor how much you can drink per day.
  2. Heavy physical activity. Many people feel so energized after the first sessions that they are ready to do something and exercise around the clock. This is not the way to do it. It is better to let the body rest.
  3. Strong drugs like antidepressants, painkillers, antibiotics are forbidden. Before starting therapy, it is better to ask a specialist about the compatibility of medications and acupuncture.

And the most important point is that for effective results, you need to take a full course of acupuncture. Some patients see an improvement after the second or third time and decide that they have had enough. This is categorically not the way to do it. Only a completed course can benefit the body.

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