Blog #131 Limelight Limited
The time has come to double down, put the metal to the metal, burn the candle at both ends. Limelight Limited is my new project. Although I’ve been doing some professional photography work for some now [part time], I felt that I have needed to truly go pro.
This month, I started a “Limited” company in Hong Kong. As a permanent resident expatriate this is essentially my only option. The benefit of setting up a company as a “Limited” entity is that there is a clear and legal separation between me as person and the company as a company. In other words the liability is limited to the company and just in case the proverbial shit hits the fan, I am untouchable [legally speaking].
Hong Kong makes this process pretty easy. My accountant filed some paperwork, confirmed the name that I wanted to use, I paid a fee to them, and in 2-3 weeks, the company is set up. Company profit “income” tax is 8.25% annually which is actually pretty low. Taxes will need to filed in around 18 months.
Work related expenses [termed itemised deductions] are pretty extensive. Anything that I need to purchase for work related jobs can be deducted from my gross income. These items might include: educational classes, electronics like cameras, lenses, computers, lights, gear, travel expenses, food, even about 30% of my flat rental for office space.
My professional work will go a new direction as a result. Work-wise I’m focusing [pun intended] on a few genres within photography. These include: events, headshots, portraits, food & interiors. At the moment I’m not interested in shooting weddings due to the shear scale of this type of event. It’s ALL DAY LONG like 12+ hours, and sometimes multiple days, resulting in 1000+ images that will take far longer than I’m interested in spending behind a computer. I’m sure there are terrific opportunities available for wedding photographers and the work can be lucrative, but it’s just not for me.
Limelight Limited or simply, Limelight is the name of my photography company. The website address is: www.limelighthk.com. I would appreciate some comments on the site. If you’re reading this and you can carve out 5 minutes to browse the site and leave some comments here, that would be swell.
I tried to keep it focused on the specific genres and services that I am providing. I think that I succeeded. I’ll keep this site live for blogging and personal work as well but all commercial work that I have permission to share may be posted on Limelight.
Everyone at some point in their life needs a professional photographer. When you time comes, call me up for a free estimate! Mention that you heard about our service from my blog and I’ll give you a 20% discount.
Mention this code: JHG852
The light is always right.
*Images: © Limelight Limited
Where: Central, Victoria Harbour WaterFront, Hong Kong
Subject: Beerfest Event, October, 2018
Gear: Testing the Superwide Fujfilm 16mm XF R WR f/1.4 + Fujfilm X-E3