The Storage Limited , a self storage company with expanded services meeting the needs of entrepreneurs in Hong Kong
The Storage Limited has a valuable business model that addresses the needs of many interests for people in Hong Kong, whether it is for enterprises that need a business registered address for registration of a company, a safe deposit box for individuals or businesses to store important documents or valuables or a PO Box for receiving of mail personal postal address and self storage for businesses or individuals.Of the many self storage companies – the expanded services of The Storage Limited makes it very unique, being a popular self storage company in the heart of Sheung Wan , conveniently located close to city centre and close to the MTR. The Storage Limited is in a great location as many other companies tend to be out of town where in factory buildings oppose to proper business center. The Storage Limitedalso has the service of providing a business registered address for companies. This is necessary for startup for companies which maybe work from home but need a business registered address in order to apply for a business license.
The safe deposit box in Hong Kong has traditionally been a popular asset to have for the older generation but now is widely used by people of all ages. So much so that they are so popular that the main local banks in Hong Kong have long waiting lists to get to and obtain the bigger size safe deposit box that are able to carry larger parcels and bigger sizes documents. Waiting list can be over ten years! What they do gave readily available in these banks are the small size long boxes that are not for documents but more for jewelry and other precious objects. What is interesting is that the older population would traditionally keep the wedding gifts in the form of precious metals like gold which were is a traditional wedding gist in form of bracelets and necklaces and these are keep safely until the couple wishes to melt or sell the gold in exchange for cash. Important documents such as flat or house title deeds, or marriage certificates and birth certificates are also kept in these deposit boxes for safe keeping.
P.O boxes are also used regularly by people whose address may not be fixed or permanent but wishes to have a permanent address where mail is sent will use a PO box. Also, if for whatever reason do not wish to expose an actual address where a person or organization is found or located may also use a PO box instead the keep the physical address anonymous.
The business registered address is a prerequisite in order to start a business in Hong Kong and having a good address that looks like a respectable office location is of great value to certain businesses. Often newly created companies need this as a form of credibility to have a good location in the heart of Hong Kong.
All these services are extremely relevant for a entrepreneurial city like Hong Kong where many locals and foreigners see it as a gem for opportunity to create new businesses and start ups and hence need types of services. It must be noted than when starting up a company the most common type of business entity registered in Hong Kong is a private limited liability company. Governed by the Companies Ordinance of Hong Kong, any person (foreign or local) above the age of 18 can setup a Hong Kong company.
The storage service is often used by both individual clients and also for businesses that do not have sufficient space in the home or office to keep what they need. This has become an area if high demands in a place like Hong Kong where property prices have increased substantially in the past few years.