Hong Kong Company

Hong Kong company registration

Why chose Hong Kong?

Hong Kong is considered a highly developed, international metropolis and is also known as the best port for commerce and free trade in the world. Hong Kong is also an international finance center and plays a critical role in the global economic landscape, which makes it an important business hub that many multinational businesses would like to be a part of. Moreover, Hong Kong is a financial center that’s continually growing for decades.
Apart from being free to receive remittances from all countries, there are over 200 different types of financial services that are available to business owners in Hong Kong who have got a Hong Kong company registration. It’s incredibly easy carrying out online transactions via the internet and online banking, which makes online trade even more convenient. These are some of the main reasons why over the past decades, there have been many companies chose Hong Kong as their business base.
Hong Kong is also an international city and has great relationships with its neighbors as well as other large cities around the world. Hong Kong can make a positive first impression to your business partner or any other cooperator who is involved with your business. Hong Kong also has an excellent financial center and an excellent law system, making it very helpful for you to grow your business and watch it expand to other parts of the world.

Why Hong Kong Company Registration is suggested?

1. Relying on the super financial system, Hong Kong is home to some of the best banking institutions in the world.
2. Hong Kong offers a stable business environment and global recognition.
3. Incredibly Easy and Quick Set-up Process.
4. 0% profit tax for all transactions outside Hong Kong territory.
The profit tax rate in Hong Kong is zero percent for all transactions completed outside Hong Kong territory. This means as long as the parties involved in the business transaction are not Hong Kong entities, the corporate tax rate will continue to be zero.
5. 16.5% profit tax for business inside Hong Kong territory.
As an encouraging and supporting policy, the company can enjoy half means 8.25% profit tax only if the company meets certain requirements.
6. Having a chance to buy Hong Kong property, equities, lending, mergers, and financing.
7. Limited liability and unlimited business scope.

With a Hong Kong company registration, businesses can enjoy limited liability and it is characterized as a ‘limited company.’ This means the risk of operating the business will not be implicated without any shareholders’ private real estate and property or other personal belongs.

A Hong Kong limited company can operate any business and the limitation on the business scope is minimal, apart from illegal activity. The range of business is unlimited, meaning it can be any industry, financial, medical, shipping transportation, import and export trade, real estate, construction, decoration, information network, tourism, academy, culture, publishing, associations, research institutes and other high-tech industries. With limited restrictions, the business scope possibilities are endless.

8. Easy flow of manpower, logistics.
A Hong Kong company registration is all you need to get into a booming market. Hong Kong is a free and most prosperous commercial port in the world. It boasts of great infrastructure, a consistent flow of skilled manpower, incredible logistics, and money, which can flow freely in and out in Hong Kong.
9. Little registered capital and no capital verification is required.
Any establishment of a registered capital directly affects the decision of the shareholders while establishing a company. Regardless of the amount of the registered capital in Hong Kong after getting a Hong Kong company registration, it is unnecessary to transfer the funds to a bank within Hong Kong.
10. Foreigners do not need to live in Hong Kong to register a company there. Virtual office addresses are permitted.
11. It is a good starting point for setting up a business in Mainland China as Hong Kong company registry will usually make this simpler. Due to being limited liability companies, they also provide investor security for Chinese investments when they’re used as the investment holder.

What required for the Hong Kong company registration?

1. Authorize a trustful agent.
2. Check the company name’s availability. Proposed Hong Kong Company name must contain English name while Chinese name is optional. Regardless of the registration capital size, the government of Hong Kong allows a company’s name to be both regional and industrial, such as, international, group, holding, investment, industry, enterprise, association, chamber of commerce, federation, foundation, promotion, center, company, university, college and institute, press, travel agency, board size and so on.
3. Decide the company main structure, such as the register capital, shareholder, and director and provide copies of those documents. Identity card (valid) or passport copy (valid) of all shareholders; In case of an enterprise being the shareholder, the business license copy, and the identity card copy of the director should also be provided. The Hong Kong government requires a minimum registered capital of at least, HK $10,000. This capital amount can be raised according to actual conditions. Shareholders holding 10% shares and above / directors/ beneficial owner's Identification document (passport/HKID) & Proof of living address (e.g., water bill, electricity bill, gas bill, telephone bill with name and address issued within three months)
4. Our company will provide a registered address for one year and being the register secretary.
5. Confirm all registration documents and sign duly.
6. We submit the application to the authorities on behalf of the clients.

Time required

It takes normally 15-20 working days.

Documents obtained after completion of Hong Kong company registration