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5 Tips for Expanding into Hong Kong and China

About this Event Considering expanding your business to Hong Kong or China? Typically, most entrepreneurs would consider whether to open a Hong Kong company or Mainland Chinese company. While both options are popular, these jurisdictions have completely different legal systems and ways of conducting business. Having a Hong Kong company doesn't mean that you can operate in the same way as a Mainland Chinese company and vice versa. So, which option makes the most sense for your business? We have invited FastLane and Chak & Associates to have a webinar on the topic where they will share their views on this topic, giving you will have the chance to ask these experts questions. What we'll discuss: - Common company structure in HK and China; - Registered address requirements and the role of company secretary; - Ongoing regulatory compliances such as filing with various returns; - How to avoid director personal liability; and - How to deregister a Hong Kong company Who you'll hear from: - Nicholas Au - Nick is a Project Executive at the FastLane Group, a Hong Kong-based accounting and advisory firm which maintains a special emphasis on helping SMEs. Nick graduated from Syracuse University with honours and received his Bachelor's degree in International Relations. Nick joined the FastLane Group in 2019 having previously worked at KPMG in their Mergers and Acquisitions and Deal Advisory team. - Carrie Hui - Carrie is the Partner of Chak and Associates LLP, heading their commercial team. Having been admitted as a solicitor in Hong Kong in 2009, Carrie has more than 10 years' experience in advising commercial matters, including international conglomerate holding structures, tax matters, intellectual property rights, cross-border transactions and operational matters in APAC.

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Understanding your options for Southeast Asia expansion

About this Event There are many reasons businesses look for international expansion, to name a few: grow customer base, develop greater scale and efficiency, access talent, portfolio diversification, M&As etc. Startups, scale-ups, and enterprise companies alike expand their horizons to harness the benefits that come with international growth. But breaking into a foreign market - especially fast-growing markets such as most countries in Southeast Asia with strict rules and regulations can be a difficult task. Companies eyeing Southeast Asia have many options as a market entry strategy, yet the challenge is to choose the right strategy for your particular needs. Especially in today's business climate, after all, it was a year of growing uncertainty. We saw increasing protectionism from some of the most significant economic powers such as the U.S. and China, political instability in the Middle East, Brexit—which dominated the agenda in Europe—and most recently global health pandemic fears. All of this has done little to dampen the growth ambitions of forward-leaning firms on both sides of the Atlantic. In this webinar, we have teamed up with our partners at Asia Market Entry to discuss different market-entry strategies and what would be most appropriate for your particular case. What we'll discuss: 1. Introduction 2. Asia and ASEAN, a vast opportunity 3. What does expansion mean? 4. Understanding the various methods to Expand into Asia a. Opportunities and Obstacles b. How has COVID19 affected the expansion options 5. Working with International Trade Agencies to expand faster Who you'll hear from:George Lam - a Business Development Advisor at Asia Market Entry, a company that helps successful technology businesses to expand into the Asian market with lower risk and high returns. Based in Singapore, with staff in Australia and Taiwan, Asia Market Entry offers outsourced business development, marketing localization and many more services required to navigate growth into this region. Asia Market Entry is Microsoft’s exclusive partner for Geo Expansion into Asia. Your Greenhouse's Moderator: Viktor Kyosev - COO of Greenhouse - Viktor looks after the day to day operations at Greenhouse, overseeing and supporting businesses entering greater Southeast Asia. Prior to Greenhouse Viktor has been working for about 7 years in the hospitality sector across 4 countries and later on developed his career building and growing startups across Europe and Asia. Greenhouse: Greenhouse is a technology platform, connecting you to the largest network of qualified incorporation service providers in Southeast Asia.

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The Advantages of Establishing a Representative Office in Indonesia

About this Event For some time now, the world has been slowed to a halt due to the outbreak of Covid-19 which unfortunately is not over yet. The impact is certainly very much felt by every layer of business, both small and large. Having said that, Indonesia, especially Jakarta, has begun to release the lockdown gradually, thus transitioning to what we now refer to as "the new normal". As the saying goes "in every crisis lies opportunity", and entrepreneurs interested in the Indonesian market start making their moves. Greenhouse has partnered with EasyHelps and Solis Advisors to support such business leaders who wish to develop its business in Indonesia by throwing a webinar on the topic of establishing a representative office in the world's largest archipelago. Throughout the webinar, we will cover information regarding the benefits of establishing a rep. office, what permits are needed, taxes that apply, estimated costs, legal and statutory regulations and much more. A webinar designed for business owners in various business lines, both those who have or will carry out business development in Indonesia. What we aim to achieve with this webinar: 1. Provide comprehensive information on the benefits and steps to form a representative office for business development 2. Providing new insights in determining business strategies in the aftermath of the Covid-19 3. Guiding business leaders in mapping their Indonesian expansion steps 4. Give a platform to attendees to ask their questions Who you'll hear from: - Mrs. Catherine L. Ary, SST - Founder of PT Easyhelps Multi Solusindo, a Corporate Secretary Company - Catherine has a vast experience in business development, corporate secretarial, digital marketing, and legal assistant. She is a member of the Indonesia RegTech LegalTech Association (IRLA) and actively involved in the development of the Indonesian legal industry especially in internet marketing and legal technology system. - Mr. Mario L. Pangestu, S.H - Partner of Solis Advisors, Attorneys and Consultants - Mario is one of the founding partners of Solis Advisors, having his specialization in hospitality, property, technology, telecommunications, restructuration, insolvency and bankruptcy. Pangestu advises his clients and acts as an advocate in most areas of commercial law. He also has vast experience in merger and acquisition, maritime, oil, and gas, joint venture and other investment mechanisms in related fields. He is also registered as a Trustee and Receivers in the Ministry of Law and Human Rights in the Indonesian Association of Trustees and Receivers (AKPI). Your Greenhouse's Moderator: Viktor Kyosev - COO of Greenhouse - Viktor looks after the day to day operations at Greenhouse, overseeing and supporting businesses entering greater Southeast Asia. Prior to Greenhouse Viktor has been working for about 7 years in the hospitality sector across 4 countries and later on developed his career building and growing startups across Europe and Asia. Greenhouse: Greenhouse is a technology platform, connecting you to the largest network of qualified incorporation service providers in Southeast Asia.

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Singapore VS Hong Kong: Startup Ecosystems

What is a better place for entrepreneurs? Singapore or HongKong? At first glance, both Singapore and Hong Kong seem to provide very similar offerings. But how do they stack up, really? What can a foreign entrepreneur expect from each economy? In this webinar Joe Zhang (Principle at TNB Aura) and Josephine Chan (Community Manager at WHub) shared their point of view and discussed what these two countries have to offer to entrepreneurs. We covered the following topics: - An overview of the COVID19 outbreak in Singapore and Hong Kong - Governments' response to the outbreak - Overview of venture capital in each market - Talent - Success cases - Verticals and emerging opportunities against the pandemic - Ease of doing business Who is this webinar for? This webinar is for entrepreneurs and startups that are eyeing opportunities in Asia. About ASK THE EXPERTS webinar series : The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Southeast Asian countries will be affected, and whether the virus will have a significant impact on your business growth in the region. Date: 26. June 2020 Organised by: - Greenhouse (https://greenhouse.co) - TNB Aura (https://www.tnbaura.com) - WHub (https://www.whub.io)

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Winning Fast-Growth Markets

Many foreign businesses make the mistake of believing that the same channels and strategies that have worked in Europe and North America will be successful in Southeast Asia as well. Unfortunately, that's not the case. In order to help entrepreneurs and business leaders to win in Southeast Asia, we have teamed up with the world’s most inbound focused organization - HubSpot. Aditya Kumar (Head of Growth and Partnerships - APAC (HubSpot for Startups) from HubSpot shared insights around sales and marketing in fast-growth markets, that can help you succeed. During the webinar we covered: - How can businesses lead with an inbound approach around their sales and marketing in 2020 and beyond? - Different marketing channels and tools that have shown promising results in fast-growth markets - Automation and how can that help lean teams scale effectively? - How Greenhouse uses HubSpot to scale its sales and marketing operations? Who is this webinar for? This webinar is for founders, marketers, sales reps of funded startups across Southeast Asia. Date: 22. June 2020 Organised by: - Greenhouse (https://greenhouse.co) - HubSpot (https://www.hubspot.com)

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Impact, Response, and Opportunities in Vietnam and Indonesia

On the 11th of June, our team joined forced with Dezan Shira & Associates to throw a webinar titled "COVID-19: Impact, Response, And Opportunities in Vietnam and Indonesia. Throughout the event, we discussed how COVID impacted the Indonesian market and Vietnam, comparing stats like the total number of COVID-cases, how both governments reacted, what incentives were introduced, projections of GDP growth, and where do we see investment opportunities. The Indonesian Market During COVID19 As of the 09th of June, Indonesia had 33,076 COVID cases, about 1000 new cases every day, and roughly 1,900 deaths. The consequences of that have impacts on both the everyday lives of local people and the growth of the economy. To address the matter, the Indonesian government implemented a PSBB which translates as a Large Scale Social Restriction, postponed the regional elections, suspended the Indonesian court, and enforced travel restrictions. All those measures have a significant impact on the GDP growth so the government slashed their forecast from 5 to 2.5% growth in 2020. The projected growth positions Indonesia somehow in the middle of what other countries are projecting in the region. Consequences of COVID-19 in Indonesia At the same time, the Indonesian government introduced several stimulus packages mainly focused on the healthcare system and businesses that have a risk of bankruptcy alongside people who have been through layoffs. Last but not least, there have been tax breaks and incentives on corporate income and imports. Where Dezan Shira sees investment opportunities? E-Commerce - as it's expected to be worth $130B by 2025 and such companies are experiencing considerable traction even during COVID19. Fintech: Digital payments are on the rise despite less private and public funding. E-Learning: Educational institutions will be adopting online courses, this sector is expected to grow substantially. A good example is Ruangguru, app that provides game-like videos and practice tests for students of various ages, in subjects from math and science to world history. Healthcare: This industry is expected to grow substantially in Indonesia, also after Covid-19. The country's policy to sign more FTA will help in its expansion. Supply chain diversification - the trade wars between China and the US have forced a lot of businesses to relocate to Southeast Asia and some of them are considering Indonesia. The Vietnamese Market During COVID-19: As of the 09th of June, Vietnam has experienced only 328 cases, 0 deaths and about 298 recovered, an incredible result not only in Southeast Asia but on a global level. Vietnam's experience from SARS in 2003 played a crucial role in the fast recovery followed by a 'low-cost' strategy of testing those in isolation instead of conducting the expensive large-scale screening. Although the country recovered better than many other markets, the economy is projected to reach 3.8% GDP growth, which is the lowest in a decade. For comparison purposes, the same quarter in 2019 had 6.8% GDP growth. Foreign Direct Investment decreased down to 17% as well causing almost 35,000 businesses to bankrupt. Despite all that the country remains one of the most attractive markets for investment opportunities in Southeast Asia. Vietnam Demographic and Key Driver Where Dezan Shira sees investment opportunities? Manufacturing - the sector is the largest recipient of FDI in consecutive years because the labor cost is half of that in China, yet the population is more than 96 million. Education - the government is easing regulations in the education sector, attracting more FDI. At the same time, the population is young and wealth is increasing. F&B taste is changing, there is an increasing demand for quality and food safety E-commerce - banks are slashing online transaction fees, plus huge internet penetration and mobile usage Retail - Vietnamese people are getting comfortable with, and seek high-quality products Tourism - Vietnam is perceived as a safe country, especially around the COVID19 situation. As a result, the tourism sector is expected to recover fast. Last but not least, Dezan Shira shared several prioritized sectors by the local government. Foreign investors may consider investing in Vietnam to take advantage of the following sectors: - High, advanced, and environmentally-friendly technologies, such as clean and renewable energy - Medical equipment production and high-quality healthcare services - Agri-tech and production *To watch the entire webinar click here. **If you need our help expanding to Indonesia or Vietnam click here to book a meeting with our in-house experts.

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Growing a startup in SEA: Lessons learned from the founder of ManyRequests

For this webinar, we invited serial entrepreneur and founder of ManyRequests, Robin Heyden to walk us through his journey and lessons learned as an entrepreneur. Robin has valuable experience of how to run a lean and remote startup that is actually growing in times of an economic downturn which we explored and even offered some tactical suggestions during this webinar. We also dived into: - how Robin started his first company in Asia - where the inspiration for the idea came from - growth and different marketing channels, especially in the context of Southeast Asia - where the opportunities in fast-growth markets are Who is this webinar for? This webinar is for startup founders operating in Southeast Asia or planning to expand to the region. About ASK THE EXPERTS webinar series : The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Southeast Asian countries will be affected, and whether the virus will have a significant impact on your business growth in the region.

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How to navigate an economic downturn while growing your business?

In this webinar, Indranil Roychowdhury (Co-Founder and CEO) and Amit Vithal (Co-Founder & CMO) from Docquity shared their story and how their business is growing despite the economic downturn. During the webinar we also talked about: - Docquity's founders and their entrepreneurial journey - how the company is growing around the region - learnings and main takeaways from their experience Who is this webinar for? This webinar is for startup founders in Southeast Asia. About ASK THE EXPERTS webinar series : The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Southeast Asian countries will be affected, and whether the virus will have a significant impact on your business growth in the region.

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Pre and Post COVID19 Market Attractiveness - the Philippines

In this webinar, we examined with Rocky Chan (Co-Founder & President) and RJ Ledesmawe (Co-Founder & VP of Business Development) from EnterPH how foreign businesses have adapted their market-entry strategies since the beginning of COVID19 while debating possible scenarios for the near future. During the webinar, we have learned about: - how the founders of EnterPH have been helping businesses pre and post recessions to enter the Philippines? - what strategies stood out? - what opportunities are available right now and what we expect to change? Who is this webinar for? This webinar is designed for business leaders, considering expanding/outsourcing to the Philippines. About ASK THE EXPERTS webinar series : The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Southeast Asian countries will be affected, and whether the virus will have a significant impact on your business growth in the region.

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Measures to alleviate the effects of COVID-19 on the Thai economy

In this webinar, Luca Bernardinetti (Chairman & CEO) at Mahanakorn Partners Group, shared his views on measures to alleviate the effects of COVID-19 on the Thai economy and talked about: - strategies like compliance and tax reliefs - business loans and other measures to assist businesses - and how to cope with the economic downturn in Thailand. This webinar is designed for: This webinar is for companies interested in expanding to Thailand or companies already established in Thailand and are facing issues with COVID19. About ASK THE EXPERTS webinar series : The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Southeast Asian countries will be affected, and whether the virus will have a significant impact on your business growth in the region.

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Maintaining business relevance during a pandemic

In this webinar, Alvin Christian (Managing Director) and Emmanuel Sumaryo (Sr. Manager Operations) at TMF Indonesia, shared their views on how to maintain business relevance during a pandemic and talked about strategies like operational continuity, how to maintain a balance of the short and long term and government initiatives. This webinar is designed for: Business Leaders who are struggling with the pandemic (operationally or strategically) or those looking for better insight. - Operational continuity and how to maintain a balance of the short and long term sections are relevant to most business leaders. - Government initiatives topic is focused on Indonesia. About ASK THE EXPERTS webinar series : The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Southeast Asian countries will be affected, and whether the virus will have a significant impact on your business growth in the region.

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How to handle business growth in times of a pandemic?

In this webinar, Miguel Latorre Managing Director at Vistra Indonesia shared his views on how to handle business growth in times of a pandemic and talked about strategies like ​how to handle business growth in Indonesia in times of COVID19, implications, impact in the economy, HR, how to handle employees, etc. This webinar is designed for: This webinar is for companies interested in expanding to Indonesia, companies already established in Indonesia and are facing issues with COVID19. About ASK THE EXPERTS webinar series : The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Southeast Asian countries will be affected, and whether the virus will have a significant impact on your business growth in the region.

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Recovery plan best practices for startups

A webinar designed for startup founders, CEOs, and CFOs of SMEs operating in Southeast Asia. The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Indonesia will be affected, and whether the virus will have a significant impact on your business growth in the region. In this webinar, Greenhouse has teamed up with the Managing Partner of Indogen Capital, Chandra Firmanto. Chandra will be sharing his views of how startups can navigate the new reality caused by the pandemic. He will draw on his experience of overseeing the 20 year old family business and how they managed previous economic recession to come out stronger. This webinar is designed for: founders of funded startups across Southeast Asia. You will learn more about managing your cashflow, fundraising best practices in times of a pandemic, how to control your burn rate, and what can you do to preserve cash.

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Cash is king: Strategies during a pandemic

A webinar designed for startup founders, CEOs, and CFOs of SMEs operating in Southeast Asia. The COVID-19 virus continues to spread and the economic damage is mounting. The trajectory of COVID-19 is highly uncertain. Variables include, how long it will take for the virus to play out, how Indonesia will be affected, and whether the virus will have a significant impact on your business growth in the region. In this webinar, Vinod Kumar, Chief Growth Officer at Magna Praxis, and Rudi Bachtiar from Arma Law, will share their views on the topic. This webinar is designed for: 1. Startup founders 2. CEOs and CFOs of SMEs already operating in SEA You will learn more about cash conservation strategies like re-thinking HR and internal functions, re-prioritizing discretionary spend, identifying opportunities/new avenues for top line growth, etc.

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