Chinese Newsletter - June 2020

Chinese Newsletter - June 2020

Zetland Fiduciary Group Zetland Fiduciary Group
· 2 min read

Since the protests last year and recent response actions taken by China and the United States, Hong Kong's future as a trade and financial center has been questioned. Our Chairman presents his views on this issue in our article.

The disruptive impact of COVID-19 undoubtedly determines how businesses will operate in the future. Enterprises and business owners worldwide have undergone testing; their ability to quickly adapt to uncertainty, adjust business strategies, and (for most) mitigate the sharp decline in staff retention has been tested. To mitigate the impact and ensure a quick business recovery, while being unable to meet business partners, clients, suppliers, and even colleagues due to social distancing and domestic and international travel restrictions, this requires executives and business owners to challenge the status quo of the office and work environment. Technology and digital networks provide solutions for communication and platforms for remote work.

Despite seemingly unfavorable market conditions, we still see that existing and new clients investing in Asia are confident when launching, expanding, or restructuring businesses. Shared services and outsourced business processes, such as our administrative and accounting services, can temporarily or permanently fill the gaps; flexibility is key. Economic activity in China is recovering, and countries around the world are assessing the steps and timelines for easing lockdowns and containment measures. However, cross-border travel is expected to remain restricted for some time. Being able to rely on a resilient business partner is more important than ever.

What You Can Expect From Us

As a long-standing and respected trust and corporate service provider in Hong Kong, Singapore, and Mainland China, we are committed to high-quality and proactive services, supporting our clients from initial consulting services, company mergers, governance, management, accounting, payroll, tax, visa work, logistics support, and more. Please browse our brochure online https://zetland.biz/PDF/Zetland%5FBrochure-June2020.pdf.

Online Communication

Speaking of flexibility, our colleagues at Gemini Personnel have launched a new service offering transition management connecting companies with experienced senior executives. For more information, please visit www.interim.works.

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