Advice required on unregulated entity set up

4 replies
Hi all, this is my first post, I thank you in advance for those kind enough to take the time to read and hopefully offer the guidance i require. I am based in Hong Kong and in the process of developing a simple but effective model which will generate consistent revenue derived off the back of a monthly pdf newsletter. I have developed the product, revenue flow and established a sufficient client base. The newsletter itself consists of collaborated free ( disclaimer confirms open to free distribution) third party research which has been refined, polished and summarized. Unfortunately Hong Kong is heavily regulated and will be painful to obtain the required financial licenses ( SFC type 4). A solution - To set up an offshore(BVI) unregulated entity in my wifes name, who has a marketing degree to use as a platform for this business model. Does this seem viable? Consolidating free information and repacking - is this legal ?? Will the offshore entity be subject to HK laws and jurisdiction?

Thank you.

'I wish you all continued success, prosperity and wealth'
#advice #entity #required #set #unregulated
  • Profile picture of the author agmccall
    Ask a lawyer, not marketers. Do a google search for legal forums.

    al
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    "Opportunity is missed by most people because it is dressed in overalls and looks like work." Thomas Edison

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    • Profile picture of the author pepkins
      Thanks Al. Will do now. Consolidating free information and reselling - is this a common revenue line, are there flaws I am missing ? I've had a brief search but can't find to much info.....
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      • Profile picture of the author agmccall
        Are you talking about PLR, Selling information is very lucrative. Use the "Free" information and PLR (Private Label Rights) information as starting points. Use them for research, then re-write adding your own personality and knowledge to make them unique to you.

        al
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        "Opportunity is missed by most people because it is dressed in overalls and looks like work." Thomas Edison

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        • Profile picture of the author pepkins
          Thank you. This info ties in nicely, the model will revolve around Rebranding and distributing. I will look to expand to a larger audience at some point. Currently I have two direct clients with an underlying client list of approx 100,000 consumers.
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