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Second, HK isn't going to be nearly as much of an issue for tax exemption as Singapore.
HK requires audited reports and requires 0% taxation of foreign source income to be approved for every year.
1. If you care about taxes then what all local tax rules apply first?
Let's continue the discussion of this in my other thread.
2. From a business stand point how are you receiving payments and from where?
Bank transfers from US, Europe, Asia pacific, China, etc. TransferWise is perfect for this.
3. What else are you trying to achieve short term and long term?
Simply I am trying to take advantage of the tax exemption granted to me as a new immigrant to Israel. That's all.