What are sole proprietorships, partnerships and limited companies? What are the pros and cons of each type of business?
When starting a business, one of the most important steps is to select the right legal structure for your business. In Hong Kong, the most commonly-used business vehicles are sole proprietorships, partnerships and limited companies. Sole proprietorship A sole proprietor is also known as a sole trader. It is an unincorporated business where the business is owned … Read more