{"id":25202,"date":"2024-07-29T02:16:29","date_gmt":"2024-07-29T02:16:29","guid":{"rendered":"https:\/\/www.genacct.com\/startup-business-cost\/"},"modified":"2026-06-18T05:42:30","modified_gmt":"2026-06-18T05:42:30","slug":"startup-business-cost","status":"publish","type":"post","link":"https:\/\/www.genacct.com\/en\/startup-business-cost\/","title":{"rendered":"\u3010Starting a Business\u30118 essential budgets for breaking down business costs plus 3 major precautions before incorporating"},"content":{"rendered":"\t\t
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    \r\n\t\t\t\t\tAdd a header to begin generating the table of contents<\/span>\r\n\t\t\t\t<\/div>\r\n\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Starting a business and setting up a company is a dream for many employees, but while company formation<\/a> is easy, running it sustainably is a real challenge. Drawing on years of experience, General Accounting explains an easy way to estimate business costs, breaks down the eight core budgets for a business, and includes three key points to note before incorporation\u2014so entrepreneurs can better understand cost budgeting before they start.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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    How do you calculate a business cost budget?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
    \n\t\t\t\t\t\t\t\t\tA simple way for SMEs to estimate business costs when starting a company:\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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    Business cost budget categories<\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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    Group costs into major categories, such as one-off startup costs before incorporation, operating costs, and shopfront or office costs. Then break each category down into items such as company setup fees, and record every potential expense by category.<\/p>

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    Business cost budget checklist<\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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    Before starting a company, you should first list your business cost budget carefully, as well as the key points to note before launch and during operations:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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    \r\n\r\n\r\n \r\n Operating plan and budget<\/title>\r\n <style>\r\n table {\r\n width: 100%;\r\n border-collapse: collapse;\r\n font-family: Arial, sans-serif;\r\n }\r\n th, td {\r\n border: 1px solid #ccc;\r\n padding: 8px;\r\n text-align: left;\r\n }\r\n .header-row {\r\n background-color: #F0F0F0; \/* \u6d45\u7070\u8272 *\/\r\n font-weight: bold;\r\n text-align: center;\r\n }\r\n .data-row:nth-child(odd) {\r\n background-color: #FFFFFF; \/* \u767d\u8272 *\/\r\n }\r\n .data-row:nth-child(even) {\r\n background-color: #E6E6E6; \/* \u7070\u8272 *\/\r\n }\r\n .bold-text {\r\n font-weight: bold;\r\n }\r\n .blue-text a {\r\n color: blue;\r\n text-decoration: none;\r\n }\r\n <\/style>\r\n\r\n\r\n <table>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">Operating plan<\/td>\r\n <td>\r\n <ul>\r\n <li>Differences between a sole proprietorship and a limited company<\/li>\r\n <li>Your risk tolerance<\/li>\r\n <li>Target customers<\/li>\r\n <li>Operating model: online store or physical store?<\/li>\r\n <li>Whether you will rent a shop, studio, or office<\/li>\r\n <\/ul>\r\n <\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">Costs can be divided into three main categories<\/td>\r\n <td>\r\n Depending on the industry, list costs under three main categories, for example:\r\n <ul>\r\n <li><span class=\"blue-text\"><a href=\"https:\/\/www.genacct.com\/en\/tips-for-starting-a-business-in-hk\" target=\"_blank\">Hong Kong company incorporation<\/a><\/span> processing costs<\/li>\r\n <li>Shop or office rental costs<\/li>\r\n <li>Equipment purchase costs, etc.<\/li>\r\n <\/ul>\r\n <\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">List the cost of each item<\/td>\r\n <td>\r\n Based on the three main cost categories, further break them down into different items, for example:\r\n <ul>\r\n <li>Company incorporation filing fee<\/li>\r\n <li>Business Registration application fee<\/li>\r\n <li>Stock purchases and procurement of various equipment, etc.<\/li>\r\n <\/ul>\r\n <\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">Operating budget<\/td>\r\n <td>\r\n Based on your operating plan, list recurring expenses by year, quarter, and month, and divide the operating budget into \u201cfixed expenses\u201d and \u201cvariable expenses.\u201d<br\/> Fixed expenses are costs that remain the same within a given period, such as salaries and rent.<br\/> Variable expenses are costs that fluctuate within a given period, such as water charges and transportation costs.\r\n <\/td> \r\n <\/tr>\r\n <\/table>\r\n\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-084c8ca elementor-widget elementor-widget-heading\" data-id=\"084c8ca\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Eight key startup budgets when starting a company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03dd6be elementor-widget elementor-widget-heading\" data-id=\"03dd6be\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Startup budget 1: Company formation costs<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a2caae elementor-widget elementor-widget-text-editor\" data-id=\"8a2caae\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Entrepreneurs should first consider whether to set up a <a href=\"https:\/\/www.genacct.com\/en\/differences-between-unlimited-and-limited-company\/\">sole proprietorship or a limited company<\/a>, understand the differences between the two, and then plan the company formation costs. For details, please see: <a href=\"https:\/\/www.genacct.com\/en\/company-registration-cost\">Company formation costs<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6385e3f elementor-widget elementor-widget-heading\" data-id=\"6385e3f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Startup budget 2: Company registration fee<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-87393b9 elementor-widget elementor-widget-text-editor\" data-id=\"87393b9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If you decide to set up a limited company, you will then need to decide whether to incorporate it yourself or appoint a company secretary firm to handle it. You should also understand company registration fees in more detail. Fees for <a href=\"https:\/\/www.genacct.com\/en\/online-company-registration\">online incorporation<\/a> and paper-based registration differ. See the comparison below:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ab929bd elementor-widget elementor-widget-heading\" data-id=\"ab929bd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Paper-based company registration vs online company registration<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-928af9c elementor-widget elementor-widget-html\" data-id=\"928af9c\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<div>\r\n\r\n\r\n <meta charset=\"UTF-8\">\r\n <title>Registration method comparison<\/title>\r\n <style>\r\n table {\r\n width: 100%;\r\n border-collapse: collapse;\r\n font-family: Arial, sans-serif;\r\n }\r\n th, td {\r\n border: 1px solid #ccc;\r\n padding: 8px;\r\n text-align: left;\r\n }\r\n .header-row th {\r\n background-color: #FFFFFF; \/* \u767d\u8272 *\/\r\n font-weight: bold;\r\n }\r\n .data-row:nth-child(odd) {\r\n background-color: #FFFFFF; \/* \u767d\u8272 *\/\r\n }\r\n .data-row:nth-child(even) {\r\n background-color: #E6E6E6; \/* \u7070\u8272 *\/\r\n }\r\n .bold-text {\r\n font-weight: bold;\r\n }\r\n .center-text {\r\n text-align: center;\r\n }\r\n <\/style>\r\n\r\n\r\n <table>\r\n <tr class=\"header-row\">\r\n <th><\/th>\r\n <th>Paper-based submission<\/th>\r\n <th>Online registration<\/th>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">CR e-Services account<\/td>\r\n <td>Not required<\/td>\r\n <td>Required<\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">Processing time<\/td>\r\n <td>At least 5 working days<\/td>\r\n <td>Approval as fast as the same day<\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">Company registration fee<\/td>\r\n <td>$1,720*<\/td>\r\n <td>$1,545*<\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">Certificate collection<\/td>\r\n <td>Must be collected in person at Admiralty<\/td>\r\n <td>Download via CR e-Services login<\/td>\r\n <\/tr>\r\n <\/table>\r\n\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0965df elementor-widget elementor-widget-text-editor\" data-id=\"d0965df\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>*Excludes Business Registration Certificate fee<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4feb1a2 elementor-widget elementor-widget-heading\" data-id=\"4feb1a2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Startup budget 3: Business Registration Certificate fee<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9b795b elementor-widget elementor-widget-text-editor\" data-id=\"d9b795b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Whether you set up a sole proprietorship or a limited company, you must apply for Business Registration. The Business Registration Certificate fee for 2024\/25 is $2,200.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b0bc07c elementor-widget elementor-widget-heading\" data-id=\"b0bc07c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2024\/25 Business Registration Certificate fee<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97a4a4d elementor-widget elementor-widget-html\" data-id=\"97a4a4d\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<div>\r\n\r\n\r\n <meta charset=\"UTF-8\">\r\n <title>Business Registration fee comparison<\/title>\r\n <style>\r\n table {\r\n width: 100%;\r\n border-collapse: collapse;\r\n font-family: Arial, sans-serif;\r\n }\r\n th, td {\r\n border: 1px solid #ccc;\r\n padding: 8px;\r\n text-align: left;\r\n }\r\n .header-row {\r\n background-color: #F0F0F0; \/* \u6d45\u7070\u8272 *\/\r\n font-weight: bold;\r\n text-align: center;\r\n }\r\n .data-row:nth-child(odd) {\r\n background-color: #FFFFFF; \/* \u767d\u8272 *\/\r\n }\r\n .data-row:nth-child(even) {\r\n background-color: #E6E6E6; \/* \u7070\u8272 *\/\r\n }\r\n .bold-text {\r\n font-weight: bold;\r\n }\r\n .center-text {\r\n text-align: center;\r\n }\r\n <\/style>\r\n\r\n\r\n <table>\r\n <tr class=\"header-row\">\r\n <th><\/th>\r\n <th>Registration fee<\/th>\r\n <th>Levy<\/th>\r\n <th>Total<\/th>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">1-year Business Registration Certificate<\/td>\r\n <td>$2,200<\/td>\r\n <td>N\/A<\/td>\r\n <td>$2,200<\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">3-year Business Registration Certificate<\/td>\r\n <td>$5,720<\/td>\r\n <td>$150<\/td>\r\n <td>$5,870<\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">1-year Branch Business Registration Certificate<\/td>\r\n <td>$80<\/td>\r\n <td>N\/A<\/td>\r\n <td>$80<\/td>\r\n <\/tr>\r\n <tr class=\"data-row\">\r\n <td class=\"bold-text\">3-year Branch Business Registration Certificate<\/td>\r\n <td>$208<\/td>\r\n <td>$150<\/td>\r\n <td>$358<\/td>\r\n <\/tr>\r\n <\/table>\r\n\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f900627 elementor-widget elementor-widget-text-editor\" data-id=\"f900627\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Further reading: <a href=\"https:\/\/www.genacct.com\/en\/business-registration\/\">How to apply for a Business Registration Certificate<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18ea002 elementor-widget elementor-widget-heading\" data-id=\"18ea002\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Startup budget 4: Shopfront or office rental costs<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae916e8 break-word elementor-widget elementor-widget-text-editor\" data-id=\"ae916e8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If you need to rent an office or shop, you should budget for rent in advance and other miscellaneous deposits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8fedd9c elementor-widget elementor-widget-heading\" data-id=\"8fedd9c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">1. Rent in advance and deposit<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6211908 elementor-widget elementor-widget-text-editor\" data-id=\"6211908\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>When renting a shop or office, you generally need to pay one month\u2019s rent in advance and a 2\u20133 month deposit.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18f5668 elementor-widget elementor-widget-heading\" data-id=\"18f5668\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">2. Real estate agent commission<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57d1dab elementor-widget elementor-widget-text-editor\" data-id=\"57d1dab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If you rent through a real estate agent, you generally need to pay a 50% commission.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd903ec elementor-widget elementor-widget-heading\" data-id=\"cd903ec\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">3. Renovation costs<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b73e18 elementor-widget elementor-widget-text-editor\" data-id=\"8b73e18\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tBefore renting, you can invite renovation contractors to provide quotations and set aside a renovation budget. You should also consider the lease term and amortise renovation costs accordingly.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-178b348 elementor-widget elementor-widget-heading\" data-id=\"178b348\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">4. Utilities and miscellaneous service deposits<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d93e60b elementor-widget elementor-widget-text-editor\" data-id=\"d93e60b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tYou should set aside deposits for water, electricity, and other services.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f05d0fd elementor-widget elementor-widget-heading\" data-id=\"f05d0fd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">5. Public liability insurance<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3148a1 elementor-widget elementor-widget-text-editor\" data-id=\"e3148a1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tBy law, public liability insurance must be purchased for each business address.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8315577 elementor-widget elementor-widget-heading\" data-id=\"8315577\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Startup budget 5: Fixed asset purchase costs<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa58705 elementor-widget elementor-widget-text-editor\" data-id=\"fa58705\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Fixed assets (i.e., the tools of the trade) are costs you need to plan for before opening a shop, for example:<\/p><p>Examples of shop fixed assets (snack shop)<br\/>1. Equipment purchases, such as kitchen equipment and air conditioning<br\/>2. Inventory costs, such as ingredients<br\/>3. Furniture and computer supplies<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-acd6a21 elementor-widget elementor-widget-heading\" data-id=\"acd6a21\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Startup budget 6: Staff costs<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-36279d1 elementor-widget elementor-widget-text-editor\" data-id=\"36279d1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>1. Salaries and wages<br\/>2. Employees\u2019 compensation insurance<br\/>3. MPF contributions<br\/>4. Headhunter fees (if any) <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e4cd98 elementor-widget elementor-widget-heading\" data-id=\"0e4cd98\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Startup budget 7: Contingency cash reserve<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5b6352 elementor-widget elementor-widget-text-editor\" data-id=\"b5b6352\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Before starting a business, you should estimate the total monthly fixed and variable costs, and set aside a contingency cash reserve of at least 3\u20136 months\u2019 expenses to meet unexpected needs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-253ad32 elementor-widget elementor-widget-heading\" data-id=\"253ad32\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Startup budget 8: Other expenses<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce52771 elementor-widget elementor-widget-text-editor\" data-id=\"ce52771\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Recurring expenses vary by industry, for example:<br \/>1. Transportation costs<br \/>2. Business travel expenses<br \/>3. Advertising costs<\/p><p><br \/>More information: <a href=\"https:\/\/www.genacct.com\/en\/apec\/\">[APEC Card] How to apply for the APEC Business Travel Card (ABTC)? 5 key benefits for business travel!<\/a><\/p><p><img decoding=\"async\" class=\"alignnone size-full wp-image-15999\" src=\"https:\/\/www.genacct.com\/wp-content\/uploads\/2024\/07\/\u5275\u696d\u958b\u516c\u53f8\u9810\u7b971.webp\" alt=\"Startup budget for starting a company\" width=\"861\" height=\"574\" title=\"\" srcset=\"https:\/\/www.genacct.com\/wp-content\/uploads\/2024\/07\/\u5275\u696d\u958b\u516c\u53f8\u9810\u7b971.webp 861w, https:\/\/www.genacct.com\/wp-content\/uploads\/2024\/07\/\u5275\u696d\u958b\u516c\u53f8\u9810\u7b971-300x200.webp 300w, https:\/\/www.genacct.com\/wp-content\/uploads\/2024\/07\/\u5275\u696d\u958b\u516c\u53f8\u9810\u7b971-768x512.webp 768w\" sizes=\"(max-width: 861px) 100vw, 861px\" \/><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f30259b elementor-widget elementor-widget-heading\" data-id=\"f30259b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What if your budget is insufficient? Government funding schemes for startups<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de9369c elementor-widget elementor-widget-text-editor\" data-id=\"de9369c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>In summary, it is clear that starting a business requires a certain level of capital support. If you have a viable idea but cannot raise the required funds in the short term, you may consider government funding schemes to pursue your entrepreneurial dream. You may refer to the following government funding schemes<sup>1<\/sup>:<\/p><ul><li>Innovation and Technology Fund for Better Living<\/li><li>CreateSmart Initiative<\/li><li>Patent Application Grant<\/li><li>Innovation and Technology Fund<\/li><li>BUD Fund<\/li><li>SME Export Marketing Fund<\/li><li>Social Innovation and Entrepreneurship Development Fund<\/li><li>Youth Development Fund<\/li><li>Enterprise Support Scheme (ESS)<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8601ccc elementor-widget elementor-widget-heading\" data-id=\"8601ccc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Three key points to note before starting a company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cef8f2 elementor-widget elementor-widget-heading\" data-id=\"2cef8f2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Understand the differences between a limited company and a sole proprietorship<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a5201f elementor-widget elementor-widget-text-editor\" data-id=\"0a5201f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A limited company and a sole proprietorship are completely different legal entities. Before starting a company, you should first understand the differences between them.<\/p><p>For more details: <a href=\"https:\/\/www.genacct.com\/en\/differences-between-unlimited-and-limited-company\/\">What is the difference between a sole proprietorship and a limited company?<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a94dc77 elementor-widget elementor-widget-heading\" data-id=\"a94dc77\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Starting a company on your own? If partnering, define the details in advance <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7de574a elementor-widget elementor-widget-text-editor\" data-id=\"7de574a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If you start a business and run a company on your own, with only one decision-maker, internal operations and business directions and decisions are relatively easier to manage.<\/p><p><br \/>However, if two or more people invest together\u2014whether setting up a limited company or a sole proprietorship\u2014you should establish clear terms before incorporation regarding decision-making authority, roles, operating policies, and payroll expenses. Where necessary, seek independent legal advice or draw up an agreement to protect both parties\u2019 interests.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50fa228 elementor-widget elementor-widget-heading\" data-id=\"50fa228\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Understand the tax responsibilities of setting up a company<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dda7ecf elementor-widget elementor-widget-text-editor\" data-id=\"dda7ecf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Once you apply for Business Registration, you will definitely receive a tax return and have tax filing obligations. Therefore, you should understand <a href=\"https:\/\/www.genacct.com\/en\/company-taxation\/\">company tax filing<\/a>, <a href=\"https:\/\/www.genacct.com\/en\/tax-deadline\/\">when tax returns are issued<\/a>, and tax filing fees in advance, so you can prepare and budget before starting a company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2019ee elementor-widget elementor-widget-html\" data-id=\"e2019ee\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<iframe width=\"560\" height=\"420\" src=\"https:\/\/www.youtube.com\/embed\/TXOfLzOMjxM?si=QL4zt-i5AbQ9rqV0\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen=\"\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a38a44 elementor-widget elementor-widget-text-editor\" data-id=\"9a38a44\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2>Conclusion<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2fa225f elementor-widget elementor-widget-text-editor\" data-id=\"2fa225f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Starting a business and setting up a company is a dream for many employees, but running it successfully requires solid knowledge. General Accounting has shared an easy way to estimate business costs, and the eight key budgets help you map out your overall business plan in greater detail. However, many entrepreneurs have a business plan but face insufficient capital; they can still apply for government funding schemes to raise funds.<\/p><p>General Accounting recommends that new entrepreneurs understand the differences between a limited company and a sole proprietorship, decide on partnership details, and learn about corporate tax responsibilities before incorporation\u2014so they can budget and plan more specifically and embark on the entrepreneurial journey sooner.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ce15d8 elementor-align-left elementor-mobile-align-justify elementor-widget__width-initial elementor-widget-tablet__width-inherit elementor-widget-mobile__width-initial elementor-widget elementor-widget-button\" data-id=\"5ce15d8\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/wa.me\/85268183861?text=Hi,%20General%20Accounting.\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Enquire now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79a13a4 elementor-widget elementor-widget-text-editor\" data-id=\"79a13a4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tWith over 20 years of establishment, General Accounting provides <strong>one-stop company incorporation<\/strong> services. Trust or Company Service Provider licence no.: TC002940. If you have any questions about <strong>registering a sole proprietorship \/ limited company<\/strong>, our professional Client Service Managers can provide free initial <strong>company registration<\/strong> enquiry support.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd2648d elementor-widget elementor-widget-text-editor\" data-id=\"dd2648d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Further reading:<\/p><p><a href=\"https:\/\/www.genacct.com\/en\/registered-office-of-company\/\">[Registered Office Address] Is using a public housing flat as a business address an abuse of public housing? Includes a step-by-step guide to changing a company address<\/a><\/p><p><a href=\"https:\/\/www.genacct.com\/en\/company-secretary-services\/\">Company Secretary Licence, Qualifications, Legal Liabilities and Duties | TCSP licence requirements and renewal guide<\/a><\/p><p><a href=\"https:\/\/www.genacct.com\/en\/company-registration-procedure\">[Company Formation Process] Steps and Fees for Setting Up an Unlimited\/Limited Company in Hong Kong | Complete Guide<\/a><\/p><p><a href=\"https:\/\/www.genacct.com\/en\/benefits-of-a-limited-company\/\">[Benefits of a Limited Company] Why start a Hong Kong limited company? Top 10 benefits of registering a limited company<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42e6596 elementor-widget elementor-widget-text-editor\" data-id=\"42e6596\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"break-word\"><p>Sources<\/p><p>1. Hong Kong Government one-stop portal: Entrepreneurship (Capital and Planning)<br\/>https:\/\/www.gov.hk\/tc\/business\/supportenterprises\/businesstopics\/financialplanning.htm<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e5e8aba elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5e8aba\" data-element_type=\"section\" data-settings=\"{"background_background":"classic"}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ebe47ad\" data-id=\"ebe47ad\" data-element_type=\"column\" data-settings=\"{"background_background":"classic"}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c947b41 uae-toc-hide-heading elementor-widget elementor-widget-heading\" data-id=\"c947b41\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Questions about \u201cstartup payback period\u201d<br \/>General Accounting offers free consultation<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3851cc elementor-widget-divider--view-line elementor-invisible elementor-widget elementor-widget-divider\" data-id=\"a3851cc\" data-element_type=\"widget\" data-settings=\"{"_animation":"zoomIn"}\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eddb02c elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"eddb02c\" data-element_type=\"widget\" data-settings=\"{"step_next_label":"Next","step_previous_label":"Previous","button_width":"100","step_type":"number_text","step_icon_shape":"circle"}\" data-widget_type=\"form.default\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"New Form\" aria-label=\"New Form\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"25202\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"eddb02c\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"\u3010Starting a Business\u30118 essential budgets for breaking down business costs plus 3 major precautions before incorporating - \u5c07\u8ecd\u6703\u8a08\uff5c\u4e00\u7ad9\u5f0f\u958b\u516c\u53f8-\u516c\u53f8\u79d8\u66f8-\u6703\u8a08\u53ca\u5831\u7a05\u670d\u52d9\" \/>\n\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"queried_id\" value=\"25202\"\/>\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-name elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-name\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tCustomer Name\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[name]\" id=\"form-field-name\" class=\"elementor-field elementor-size-sm elementor-field-textual\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-field_65a0d99 elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_65a0d99\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tCompany Name (if any)\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[field_65a0d99]\" id=\"form-field-field_65a0d99\" class=\"elementor-field elementor-size-sm elementor-field-textual\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-radio elementor-field-group elementor-column elementor-field-group-field_1d1b960 elementor-col-100\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_1d1b960\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tTitle\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t<div class=\"elementor-field-subgroup elementor-subgroup-inline\"><span class=\"elementor-field-option\"><input type=\"radio\" value=\"Mr. \/ Mrs \/ Miss\" id=\"form-field-field_1d1b960-0\" name=\"form_fields[field_1d1b960]\"> <label for=\"form-field-field_1d1b960-0\">Mr. \/ Mrs \/ Miss<\/label><\/span><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-email\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tE-mail\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-sm elementor-field-textual\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-tel elementor-field-group elementor-column elementor-field-group-field_4305727 elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_4305727\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tContact Number\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t<input size=\"1\" type=\"tel\" name=\"form_fields[field_4305727]\" id=\"form-field-field_4305727\" class=\"elementor-field elementor-size-sm elementor-field-textual\" required=\"required\" pattern=\"[0-9()#&+*-=.]+\" title=\"Only numbers and phone characters (#, -, *, etc) are accepted.\">\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-field_d97814d elementor-col-100 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_d97814d\" class=\"elementor-field-label\">\n\t\t\t\t\t\t\t\tInquiries\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[field_d97814d]\" id=\"form-field-field_d97814d\" class=\"elementor-field elementor-size-sm elementor-field-textual\" placeholder=\"Start a Company\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-100 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-sm\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Send Immediately<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8f331f1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8f331f1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-293a669\" data-id=\"293a669\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f51352a elementor-widget elementor-widget-text-editor\" data-id=\"f51352a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h2 class=\"uae-toc-hide-heading\">Do you need to learn more about our professional services for starting a company?<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d7661e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d7661e1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-93862ad\" data-id=\"93862ad\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2181dcc elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"2181dcc\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.genacct.com\/wp-content\/uploads\/2023\/08\/\u96e2\u5cb8\u516c\u53f8\u597d\u8655-\u958b\u516c\u53f8-1024x683.webp);\" role=\"img\" aria-label=\"Start a Company\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item \">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-\" href=\"https:\/\/www.genacct.com\/en\/set-up-limited-company\/\">\n\t\t\t\t\t\tStart a Company\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-9c27965\" data-id=\"9c27965\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-33810d1 elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"33810d1\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.genacct.com\/wp-content\/uploads\/2023\/08\/\u8a3b\u518a\u6613\u958b\u516c\u53f8\u6d41\u7a0b-\u516c\u53f8\u79d8\u66f8.webp);\" role=\"img\" aria-label=\"Easy Company Formation Process - Company Secretary\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item \">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-\" href=\"https:\/\/www.genacct.com\/en\/company-secretary\/\">\n\t\t\t\t\t\tCompany Secretarial Service\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-dcec2ae\" data-id=\"dcec2ae\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9650b4f elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"9650b4f\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.genacct.com\/wp-content\/uploads\/2023\/08\/\u8a3b\u518a\u6613\u958b\u516c\u53f8\u6d41\u7a0b-\u865b\u64ec\u8fa6\u516c\u5ba4.webp);\" role=\"img\" aria-label=\"Easy Company Formation Process - Virtual Office\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item \">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-\" href=\"https:\/\/www.genacct.com\/en\/virtual-office-services\/\">\n\t\t\t\t\t\tVirtual Office\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ecb2ff0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ecb2ff0\" data-element_type=\"section\" data-settings=\"{"background_background":"classic"}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7620aea\" data-id=\"7620aea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5303d19 elementor-widget elementor-widget-heading\" data-id=\"5303d19\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Questions about \u201ccompany formation costs\u201d<br \/>General Accounting offers free consultation<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01a43e4 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"01a43e4\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"tel:85225819231\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-phone-alt\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M497.39 361.8l-112-48a24 24 0 0 0-28 6.9l-49.6 60.6A370.66 370.66 0 0 1 130.6 204.11l60.6-49.6a23.94 23.94 0 0 0 6.9-28l-48-112A24.16 24.16 0 0 0 122.6.61l-104 24A24 24 0 0 0 0 48c0 256.5 207.9 464 464 464a24 24 0 0 0 23.4-18.6l24-104a24.29 24.29 0 0 0-14.01-27.6z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Phone: (852) 2581 9231<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/wa.me\/85268183861?text=Hi,%20General%20Accounting.\" target=\"_blank\" rel=\"noopener\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-whatsapp\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M380.9 97.1C339 55.1 283.2 32 223.9 32c-122.4 0-222 99.6-222 222 0 39.1 10.2 77.3 29.6 111L0 480l117.7-30.9c32.4 17.7 68.9 27 106.1 27h.1c122.3 0 224.1-99.6 224.1-222 0-59.3-25.2-115-67.1-157zm-157 341.6c-33.2 0-65.7-8.9-94-25.7l-6.7-4-69.8 18.3L72 359.2l-4.4-7c-18.5-29.4-28.2-63.3-28.2-98.2 0-101.7 82.8-184.5 184.6-184.5 49.3 0 95.6 19.2 130.4 54.1 34.8 34.9 56.2 81.2 56.1 130.5 0 101.8-84.9 184.6-186.6 184.6zm101.2-138.2c-5.5-2.8-32.8-16.2-37.9-18-5.1-1.9-8.8-2.8-12.5 2.8-3.7 5.6-14.3 18-17.6 21.8-3.2 3.7-6.5 4.2-12 1.4-32.6-16.3-54-29.1-75.5-66-5.7-9.8 5.7-9.1 16.3-30.3 1.8-3.7.9-6.9-.5-9.7-1.4-2.8-12.5-30.1-17.1-41.2-4.5-10.8-9.1-9.3-12.5-9.5-3.2-.2-6.9-.2-10.6-.2-3.7 0-9.7 1.4-14.8 6.9-5.1 5.6-19.4 19-19.4 46.3 0 27.3 19.9 53.7 22.6 57.4 2.8 3.7 39.1 59.7 94.8 83.8 35.2 15.2 49 16.5 66.6 13.9 10.7-1.6 32.8-13.4 37.4-26.4 4.6-13 4.6-24.1 3.2-26.4-1.3-2.5-5-3.9-10.5-6.6z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">WhatsApp: (852) 6818 3861<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:%20cs@genacct.com\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-envelope\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M502.3 190.8c3.9-3.1 9.7-.2 9.7 4.7V400c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V195.6c0-5 5.7-7.8 9.7-4.7 22.4 17.4 52.1 39.5 154.1 113.6 21.1 15.4 56.7 47.8 92.2 47.6 35.7.3 72-32.8 92.3-47.6 102-74.1 131.6-96.3 154-113.7zM256 320c23.2.4 56.6-29.2 73.4-41.4 132.7-96.3 142.8-104.7 173.4-128.7 5.8-4.5 9.2-11.5 9.2-18.9v-19c0-26.5-21.5-48-48-48H48C21.5 64 0 85.5 0 112v19c0 7.4 3.4 14.3 9.2 18.9 30.6 23.9 40.7 32.4 173.4 128.7 16.8 12.2 50.2 41.8 73.4 41.4z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Email: cs@genacct.com<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8d053db elementor-align-left elementor-mobile-align-justify elementor-widget__width-initial elementor-widget-tablet__width-inherit elementor-widget-mobile__width-initial elementor-widget elementor-widget-button\" data-id=\"8d053db\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/wa.me\/85268183861?text=Hi,%20General%20Accounting.\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b14b1c elementor-align-left elementor-widget__width-initial elementor-mobile-align-justify elementor-widget-tablet__width-inherit elementor-widget-mobile__width-initial elementor-widget elementor-widget-button\" data-id=\"6b14b1c\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.genacct.com\/en\/set-up-limited-company\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Start a Company<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Table of Contents Add a header to begin generating the table of contents Starting a business and setting up a company is a dream for many employees, but while company formation is easy, running it sustainably is a real challenge. Drawing on years of experience, General Accounting explains an easy way to estimate business costs, […]<\/p>\n","protected":false},"author":23,"featured_media":24599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[140,125],"tags":[152,143],"class_list":["post-25202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-incorporation","category-blogs","tag-entrepreneurship-guide","tag-start-a-company"],"_links":{"self":[{"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/posts\/25202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/comments?post=25202"}],"version-history":[{"count":7,"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/posts\/25202\/revisions"}],"predecessor-version":[{"id":26556,"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/posts\/25202\/revisions\/26556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/media\/24599"}],"wp:attachment":[{"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/media?parent=25202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/categories?post=25202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.genacct.com\/en\/wp-json\/wp\/v2\/tags?post=25202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}