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Thursday, 06 March 2008 |
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By Wolfgang Jaegel
 Hong Kong is regarded as one of the world's most reliable as well as efficient locations to conduct business functions. Due to its strategic location and excellent harbor, Hong Kong has now become a major center for international trade.
In other words, establishing a company in Hong Kong is considered one of the easiest ways to enjoy the financial benefits and potential that China renders. In deed, Hong Kong serves as a gateway to conduct business functions in China. Discussed further in this article are different types of companies that could be set up in Hong Kong as well as the procedures involved in it.
Private limited companies are perhaps the most popular among the companies that are set up in Hong Kong. A private limited company in Hong Kong is limited by shares and must include features such as:
- A unique company name which at the same time should not contain any restricted word
- Share capital, however with no restriction on the amount of the capital
- Shareholders whose number could go up |
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Last Updated ( Thursday, 06 March 2008 )
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Wednesday, 05 March 2008 |
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By Jeffrey Voudrie
 Some of the most popular products being pitched to seniors today are reverse mortgages. Everywhere you turn there are free seminars, free reports and free DVDs, all touting the amazing benefits these loans offer. Are reverse mortgages the answer to seniors prayers, or are they too good to be true?
It all sounds so wonderful: easy access to your home's equity, no monthly payments, and all without having to sell your house or move. You can have a guaranteed income for the rest of your life! I feel that the sales pitches for these products do a disservice to seniors and, in some cases, can do irreparable damage.
All of us are familiar with a traditional mortgage. You borrow money from the bank using the home for collateral. You are then charged interest on that loan and have to make monthly payments. The larger your mortgage is compared to the value of your home, the less equity (or wealth) has been accumulated.
A reverse mortgage is just like it sounds. You are |
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Last Updated ( Wednesday, 05 March 2008 )
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