When an overseas importer of consumer goods was being urged by large retail clients to offer FOB Asia prices in addition to ex-warehouse delivery, the company's management contacted Klako Group to evaluate set up options in Hong Kong or China. After analyzing the client's specific requirements, our consultants presented a customized and cost-effective outsourcing solution for their Hong Kong trading company. In order to save rental expenses, the client is using Klako Group's office address as their Registered Office. Due to Klako Group's efficient and proven timesharing concept, the company did not need to transfer expensive expatriates from overseas or hire local staff in Hong Kong. Klako Group provided the importer with an experienced team of professionals - including one expatriate manager to oversee the operation, one shipping manager to handle trade transactions and one finance and administration manager for accounting, tax filing and administration. Klako Group set up the company for the client and assisted with bank accounts and financial structuring.

By offering FOB prices from the Hong Kong company, the client has not only been able to keep and satisfy their existing retail clients, but has also acquired new clients in other parts of the world. The new Hong Kong company regularly exhibits at international trade fairs and offers FOB shipments to anywhere in the world. The client uses Klako Group's warehouse space to store samples and holds regular meetings with buyers and suppliers in the available show rooms.

Hong Kong's favorable taxation system combined with a cost-effective outsourcing solution has increased the client's profits, which they are now using for further investments to expand the business.