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Hong Kong Company Incorporation

Source: hangtung Edit: Narrative Release: 07-11 15:55 Column:Company Popularity:

Hong Kong is a metropolitan integrating opportunities, creativity and entrepreneurial spirit, and it has been rated "the world's freest economy" for 24 consecutive years by the Heritage Foundation. As an international financial centre, Hong Kong is favored by worldwide investors due to its established legal system, simplified taxation system, low taxation rate, well-equipped infrastructure and communication facilities, and high quality professionals. Hong Kong offers unlimited business opportunities, and serves as a platform to global economy and commerce, whose advantages are well known, so tens of thousands of international businesses benefit from setting up a company in Hong Kong. Hangtung is able to offer expert services to help your business with Hong Kong company registry.

Hong Kong Company Incorporation

Advantages of Setting up a Company in Hong Kong

Sound legal system
Gaining international credit by making use of Hong Kong's reputation
As an international financial centre, Hong Kong has multiple financing channels
With the absence of foreign exchange controls, funds can be circulated freely; foreign currencies can be exchanged and transferred as needed, and credit operations can be handled conveniently and quickly
No limitation on business scope and simple follow-up service
Simplified taxation system, low taxation rate (only applies to profits tax, the tax rate for the profits of the first HK$2 million is only 8.25%)
Tax needs to be declared just once per year
General Requirements
There shall be at least one shareholder and director over 18 years old
One legal secretary (position taken by a Hong Kong permanent resident or Hong Kong company)
There shall be one registered address in Hong Kong
Registration Form and Time to Take
E-filing incorporation (requires 1 day)
Registration of a new limited liability business with company register (requires 10 days or so)
Purchasing a Shelf Company (requires 2 days or so)
Required Information
Chinese and English names, or single Chinese or English name of the company
Copies of ID cards or passports of shareholders and directors
Registered address of the company (if unavailable, we can provide one for you.)
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