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HONG KONG COMPANY INCORPORATION

FREQUENTLY ASKED QUESTIONS

How many directors are required to set up a Hong Kong company?

How many shareholders are required to set up a Hong Kong company?

Does Hong Kong company require to have a secretary?

Does Hong Kong company need to do audited accounts?

Do I need to have a registered office in Hong Kong?

How long does it take to incorporate a Hong Kong company?

What is Business Registration certificate?

How much will it cost me to incorporate a Hong Kong Company?

How long does it take to incorporate a Hong Kong company?

Hong Kong

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HONG KONG COMPANY INCORPORATION


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WHY CHOOSE HONG KONG FOR YOUR COMPANY INCORPORATION?

BRIEF HISTORY OF HONG KONG


Located in the South China Sea, Hong Kong is a gateway for many international cities. Since 1st July 1997, Hong Kong has been known as a Special Administrative Region of Mainland China (HKSAR); it is administratively separate from the Chinese tax and company system. Hong Kong benefits under the guiding principle of "one country, two systems" that was established at handover - inter alia the Chinese Communist Government agreed that Hong Kong's capitalist system would remain unchanged until the year 2047 and that the legal system remains English Common Law.



IS HONG KONG DEEMED TO BE AN OFFSHORE JURISDICTION?


Hong Kong is not generally considered an "offshore" jurisdiction; and therefore may trade without difficulty with the EU, USA, Australia, Canada etc.  However, and due its territorial tax system, any company that earns its profit wholly outside Hong Kong (and does not have its management in HK) is able to apply for exemption from profit tax.



HOW MUCH TAX HONG KONG COMPANY PAYS?


Any business that is done within Hong Kong will be subject to a flat-rate of just 16.5% tax (after deduction of reasonable business expenses).


In summary, Hong Kong incorporated companies that operate internationally can eliminate much (or all) of the usual tax burden.