SINGAPORE, HONG KONG and DUBAI, UAE, July 27, 2026 /PRNewswire/ -- Osome, the AI company management platform trusted by 50,000+ tech founders, is expanding support for global founders exploring Hong Kong alongside the UAE, offering another attractive environment for ambitious companies.
For entrepreneurs drawn to Dubai's low-tax, business-friendly environment, Hong Kong offers many of the same advantages. Under its territorial tax system, profits sourced outside Hong Kong are 100% tax-exempt, with no capital gains, dividend or VAT tax. It also allows 100% foreign ownership, operates under common law, and maintains a stable currency pegged to the US dollar.
Where Hong Kong stands apart is its gateway to Asia's innovation economy. Its proximity to Shenzhen's manufacturing base and links to mainland China through CEPA give hardware, IoT, robotics and e-commerce businesses direct access to the Greater Bay Area. Unlike Dubai's financial free zones, Hong Kong's common law framework applies across the entire city. It also ranks third globally and first in Asia-Pacific on the Global Financial Centres Index, compared with Dubai's seventh.
For founders choosing between global hubs, selecting a location is only the first step. Operating across jurisdictions brings added complexity around incorporation, accounting, tax and compliance. Across Singapore, Hong Kong, the UK and the UAE, Osome enables founders to incorporate companies in as fast as 7 days while managing back-office operations, including accounting, bookkeeping and compliance.
As companies become increasingly global, founders are also looking for smarter ways to manage these operations. Osome is also embedding AI into company management through its Model Context Protocol (MCP) server, turning founders' preferred AI assistants into a business command center. Through Claude, ChatGPT, and Gemini, founders can securely retrieve transactions, shareholder records, financial reports, and other company data from a single AI interface.
Eugenio Ferrante, CEO of Osome, said, "Founders expanding across the UAE and Hong Kong are not held back by ambition, but by administrative drag. A few years ago, managing entities in more than 1 market meant hiring separate accountants, navigating endless email chains, and losing 40 hours a month to basic compliance. "We built our platform and MCP integration to help founders manage cross-border operations through AI. Global expansion should take days, not months."
About Osome
Osome is an AI company-management platform combining human expertise with automation for incorporation, accounting and tax compliance. Since 2017, it has served 50,000+ startups in Singapore, Hong Kong, the UK and the UAE. Learn more at osome.com.
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Hong Kong: The New Dubai for Global Founders? Osome Backs the Next Wave
SYDNEY, July 27, 2026 /PRNewswire/ --Russell Reynolds Associates today announced that Nick Fletcher, based in Melbourne and Sydney, has been appointed Australia Country Leader, succeeding Alistair Macrae, who moves into the role of Head of Asia Pacific with effect 1 July, 2026.
Nick, a seasoned leadership executive with over 18 years of experience in leadership advisory, has been with the firm since 2007. Before his appointment as Head of Australia, Nick co-leads the Board and CEO Advisory Partnership in APAC. In his new role, he will lead RRA's Australia business, working closely with clients across the country to address their most critical leadership priorities. He will focus on strengthening the firm's advisory capabilities, deepening relationships with boards, CEOs and senior executives, and supporting clients on leadership succession, executive assessment, board effectiveness, and transformational leadership.
Nick brings deep experience advising organisations on senior leadership and governance matters. He works closely with clients across Australia and the broader region, partnering with them to identify and develop leaders capable of navigating increasingly complex business, economic and stakeholder environments.
"Our clients are dealing with unprecedented levels of change, and they need stronger leadership than at any time in recent history," said Nick Fletcher. "I am excited to take on the role of Australia Country Leader and build on the strong foundation that Alistair and the team have established. I am thrilled to lead an exceptional team and bring the full strength of Russell Reynolds Associates' search and advisory capabilities to our clients."
"Nick is a trusted advisor to clients and a highly respected colleague, with strong market knowledge and a deep understanding of the leadership challenges facing organisations in Australia and globally," said Alistair Macrae, Head of Asia Pacific, Russell Reynolds Associates. "We are delighted he is taking on the Australia leadership role and we are confident that he will continue to build on the strength of our Australia business. I look forward to working with Nick and our teams across the region to help clients identify, assess and develop the leaders they need to navigate change and deliver lasting impact.
Prior to RRA, Nick was a manager at A.T. Kearney, where he completed a wide range of strategy, change management and procurement projects with a particular focus on the telecommunications industry.
Nick received his bachelor's degree in engineering from the University of Sheffield and graduated first in his MBA class from Warwick Business School. He is also a graduate of the Royal Military Academy Sandhurst and the Junior Division of the Staff College.
About Russell Reynolds Associates
Russell Reynolds Associates is a global leadership advisory and search firm. Our 500+ consultants in 47 offices work with public, private and nonprofit organisations across all industries and regions. We help our clients build teams of transformational leaders who can meet today's challenges and anticipate the digital, economic and political trends that are reshaping the global business environment. From helping boards with their structure, culture and effectiveness to identifying, assessing and defining the best leadership for organisations, our teams bring their decades of expertise to help clients address their most complex leadership issues. We exist to improve the way the world is led. Find out more at www.russellreynolds.com.
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Russell Reynolds Associates Announces Nick Fletcher as Australia Country Leader
