Today, many investors and entrepreneurs are choosing to set up their businesses overseas – especially in jurisdictions like Hong Kong. The rationale behind this trend is to primarily facilitate entry into an international market and to benefit from tax friendly jurisdictions. Hong Kong is considered one of the best cities to establish and run a business, as it scores high on factors that matter to businesses. Strategic location, productive work-force, stable economic and political environment, attractive tax regime, an effective legal system are some of the factors that continue to contribute to its success.

Basic Requirement

  • one Shareholder (no restriction on residence, can be individuals or corporates)
  • one Director (no restriction on residence, can be individuals or corporates, AT LEAST one of the Directors must be NATURAL PERSON)
  • one Company Secretary resident in Hong Kong
  • one Auditor who practises in Hong Kong
  • Registered Office in Hong Kong
  • register with the Hong Kong Inland Revenue Department
  • file Profits Tax and Employer’s Returns by Company Secretary annually
  • present audited accounts to the shareholders for adoption annually
  • hold a General Meeting of the Shareholders every year
  • file an annual return giving particulars of the Directors, Shareholders and Secretary, together with the Company’s capital structure by Company Secretary

Application Procedure

  • conduct intended company name search on Companies Registry
  • consult and assess your company structure and clarify outstanding issues.
  • prepare the company incorporation documents and email to you for your signature (or the documents can be signed at our office if you are in Hong Kong).
  • submit the original signed company incorporation documents to the Companies Registry and pay all government incorporation fees.
  • receive on behalf you Certificate of Incorporation and Business Registration issued by Companies Registry after approximately 7 working days.
  • attend to the production of the company kit including the share certificates, company seal and company chop.
  • issue the share and update the Register of Shareholders and Directors.
  • open bank account in different banks in Hong Kong

Do you know how to create “Zero Profit Tax” company in Hong Kong?

The Hong Kong taxation system Kong is simply based on taxing profit generated within the Hong Kong territory. Therefore, most of the trading firms which do not have any profit generated in Hong Kong implies that they do not have to pay for profit tax. Kindly refer to our taxation guide of The Territorial Source Principle of Taxation in Hong Kong for benefit of Zero Profit Tax while doing business in Hong Kong.

How many live company has been incorporated in Hong Kong?

Company registration in Hong Kong is authorized by government department named Companies Registry (CR). According to press release of CR on July-2014, by the end of June-2014, the total number of live Hong Kong companies registered was 1,233,780, it is not doubt that Hong Kong is world-class city for doing business.

You are recommended to visit Asia Business Centre website: Hong Kong Company Formation & Incorporation Services