When it comes to finding great global business hubs, Asia is often overlooked. This is a mistake, as there are many amazing cities in the region that offer plenty of opportunities for businesses looking to expand overseas. In this article, we will take a look at some of the best Asian cities for business expansion and explore the different ways you can legally move your company there. Let’s get started!
1) Singapore
Singapore is often considered to be one of the best cities in the world for business expansion. This is due to the fact that it has a well-developed infrastructure, a highly skilled workforce, and a pro-business environment. In addition, Singapore also has a number of free trade agreements with other countries, making it an ideal location for companies looking to export their products.
If you are thinking about expanding your business into Singapore, there are a few things you need to know. First of all, you will need to apply for a long-term visit pass or LTVP, for short. This is a type of visa that allows you to stay in Singapore for a minimum of 3 months. In addition, you will also need to set up a company in Singapore and open a corporate bank account. For more information on how to do this, you can check out the Singapore Business Federation website.
2) Hong Kong
Hong Kong is another popular destination for business expansion. Like Singapore, it has a well-developed infrastructure and a highly skilled workforce. In addition, Hong Kong is also home to some of the world’s leading financial institutions and offers ample opportunities for businesses in the banking and financial services sectors.
If you are looking to expand your business into Hong Kong, there are a few things you need to know. First of all, you will need to set up a company in Hong Kong and register with the Companies Registry. The process of setting up a company is relatively simple, and there are a number of professional service providers who can help you get started. Once your company is registered, you will need to start doing business in Hong Kong. This can be done by targeting local consumers and businesses or by establishing relationships with local distributors and agents.
3) Tokyo
Tokyo is another great option for businesses looking to expand into Asia. The city is home to a number of leading Japanese companies and offers ample opportunities for businesses in a wide range of industries. In addition, Tokyo also has a well-developed infrastructure and is home to a large number of highly skilled workers.
If you are thinking about expanding your business into Tokyo, there are a few things you need to know. First of all, you will need to set up a company in Japan and register with the Japanese Chamber of Commerce and Industry. The process of setting up a company is relatively simple, and there are a number of professional service providers who can help you get started. In addition, you will also need to obtain a business visa, which can be done by applying for a certificate of eligibility.
4) Beijing
Beijing is another great option for businesses looking to expand into Asia. The city is home to a number of leading Chinese companies and offers ample opportunities for businesses in a wide range of industries. In addition, Beijing also has a well-developed infrastructure and is home to a large number of highly skilled workers.
If you are thinking about expanding your business into Beijing, there are a few things you need to know. Similarly to Hong Kong, you will need to set up a company in China and register with the local chamber of commerce. The process of setting up a company is relatively simple, and there are a number of professional service providers who can help you get started. In addition, you may also need to obtain a business visa, which can be done by applying for a certificate of eligibility.
5) Seoul
Seoul is the capital of South Korea and one of the largest business hubs in Asia. It’s a major center for finance, commerce, and industry, and is home to some of the biggest companies in the world. If you’re looking to expand your business into Asia, Seoul is a great place to start.
But doing business in Seoul can be complicated, especially if you’re not familiar with the regulations and customs of South Korea. That’s why it’s important to work with an experienced attorney who can help you navigate the legal landscape and ensure that your business is compliant with all applicable laws and regulations. However, you can also set up a business in Seoul without an attorney, as long as you’re familiar with the process and have all the required documents.
6) Sapporo
Sapporo, the largest city on the island of Hokkaido, is a major business hub in northern Japan. The city has a wealth of natural resources and a highly educated workforce, making it an attractive destination for businesses looking to expand into Asia. The city is also home to a number of international companies, including Canon and IBM.
Sapporo is well-connected to the rest of Asia by air and rail. The New Chitose Airport, located just outside Sapporo, offers direct flights to dozens of destinations in Asia, including Beijing, Shanghai, and Seoul. The city also has a high-speed train station that connects Tokyo and other major cities in Japan.
If you’re looking to expand your business into Sapporo, keep in mind that the process for setting up a company in Japan is relatively simple. However, you will need to obtain a business visa, which can be done by applying for a certificate of eligibility. In addition, it’s also important to work with an experienced attorney who can help you navigate the legal landscape and ensure that your business is compliant with all applicable laws and regulations.
Each of these cities offers its own unique set of opportunities and challenges for businesses looking to expand into Asia. If you’re thinking about expanding your business into one of these cities, it’s important to familiarize yourself with the local laws and regulations and work with an experienced attorney who can help you navigate the legal landscape.
