Hong Kong is one of the most important financial centers in Asia and the world. For many years now, Hong Kong ranked as the best country for business and investment. This state of affairs has been made possible due to the following factors:
- territorial principle of taxation: taxes are levied only those businesses that receive income from activities in Hong Kong. Otherwise, the company shall be exempt from the tax burden;
- no additional tax burden on offshore business;
- no VAT, sales tax, capital gains, transaction taxes, fees for social insurance;
- no import and export duties, which allows unhindered trade with China and other countries;
- loyal tax rate of 17.5%, which in 2 years is reduced to 16%;
- economic, banking stability;
- developed transport and office infrastructure.
On organizational and legal forms of companies influenced English law, therefore, can be opened:
- partnership with limited or unlimited liability;
- a limited liability company;
- public joint-stock company;
- private joint-stock company.
For registration in Hong Kong a company will need to fill out and assure the statement by directors and shareholders, select name, provide information about the legal address, the directors, shareholders, secretary. The minimum amount of share capital is HK $ 2. Opening of each type of business has its own peculiarities. Although the procedure is simplified, non-residents may have a lot of organizational issues. Independent study of the corporate laws of Hong Kong will take more than one week, considering to the language barrier. Therefore, the best solution – contact our specialized company.
We will help you, quickly and professionally, to open a business of any orientation, videlicet to prepare the founding documents, to open an account, send documents to the Registrar of Companies, Tax Department, and, in the end, purchase a certificate of conducting business. If necessary, our lawyers will orient you to the legal forms of business and advise the best option. Business “turnkey” in Hong Kong will not require your personal presence and extra effort. Coordinated and professional work of our experts will allow you to open a business in Hong Kong a few weeks after contacting us.
