Transportation
Operational Improvement for a Transportation Company
Operational restructuring and pricing adjustments that transformed a loss-making transport company into profitability.
2025-12-03
Success Cases
Incorporation & Bank Account for a Foreigner
RegionHong Kong
CategoryCorporate Services
Date2025-12-01
Set up a Hong Kong company and accounts to streamline currency exchange and local payments.
3 weeks
Setup Time
25%
Cost Savings
100%
Compliance Rate
Challenge
A client from Eastern Europe assigned to Dongguan had salary paid to a European bank account but needed HKD/RMB for local expenses, causing monthly currency exchanges and inconvenience.
“Set up a Hong Kong company and accounts to streamline currency exchange and local payments.”
Solution
We recommended establishing a Hong Kong company and opening HKD and RMB corporate bank accounts. The client issues monthly consultancy invoices to the Italian headquarters which pays into the HK company account, reducing currency conversion steps and risks.
Result
Smoother monthly receipts in local currencies and reduced currency exchange risk and administrative burden.
