Hey everyone,
I¹m setting up a new business, and have been given a couple of business
insurance quotes (for public product liability and professional
indemnity). Before I pay the $$$ I want to make sure it is right for what I
need, and its not excluding something that is important. I¹ve heard a
Interesting I was thinking of setting up in Hong Kong for much the
same reason though mainly I expect to receive in USD, Euros, UK£ and
AUD.
Any experience with that ? Hong Kong appears to be all kosher with
Australia in this regard and taxes and a lot less hassle than trying
to sort a US bank
Bec,
You really only need public liability and property/contents insurance.
Professional Indemnity is a very expensive affair, and is usually only required
when your clients - read govt departments - need it. You can probably get a
package deal from someone like QBE which covers you for PL,
Hi Gary,
Interestingly enough, the CBA has foreign currency merchant
facilities. We have a USD merchant facility with them as part of a
pilot program they are running. We use it with our product
PhotoMerchant (http://www.photomerchant.net).
They have not made this product public at this stage.
