Mr. Zhou, who runs a manufacturing business, had his applications for both the Quality Migrant Admission Scheme and the High-Talent Admission Scheme rejected due to “insufficient ties to work in Hong Kong.” He then heard about the “New Capital Investor Immigration Scheme,” which is set to be relaunched in 2025. He ran the numbers: While the HK$30 million threshold is no small sum, the program appears to place greater emphasis on “money” rather than “working in Hong Kong.”

Old Wang, a Shenzhen-based seller on Takealot, was baffled when he saw the payment breakdown for the first time: The platform said there would be “two payments per month,” but the money was stuck in a South African rand account, and he had absolutely no idea how to convert it to renminbi and actually get his hands on it.

When a company grows large enough to issue shares and implement employee incentive plans, simply listing individuals directly in the business registration is the most ill-advised approach. A limited partnership equity holding platform is the mainstream approach, but there’s one critical detail that 90 percent of business owners overlook. This detail directly determines whether you’ll “isolate risk” or face “unlimited joint liability.”

Many business owners are unaware that their companies have been placed on the list of businesses with operational irregularities until they hit roadblocks during bidding processes, loan applications, or partnership negotiations—only then do they realize what has happened. In fact, most of these issues can be resolved quickly—the key is not to procrastinate and not to fall for “paid resolution” scams. Today, we’ll take a deep dive into the most common reason for being placed on the list: “unverifiable business address.”

Once a company goes out of business, deregistering it is ten times harder than registering it. This is especially true for companies listed as “non-compliant taxpayers.” Many business owners assume they can just fill out a form and be done with it, only to discover that filing back taxes is just the first step in a long, arduous process. Today, I’ll explain the entire process of resolving complex tax issues during deregistration in plain language.