Hong Kong Company Formation. Hong Kong Offshore Company.
Worldwide Incorporation Services specializes in Hong Kong company registration and opening bank accounts.
Hong Kong – General Information
Hong Kong Company Formation – Overview
Today, many entrepreneurs and investors are setting up their businesses overseas, especially in areas such as Hong Kong. The main reason behind this trend is to find a means to penetrate the international market and to take advantage of tax friendly countries. Hong Kong has been ranked as one of the best places to establish a business and run comfortably. It has many attractive factors that matter to a smooth business operation.
Productive workforce, strategic location, stable political and economic environment, pro business environment, attractive tax regime, world-class infrastructure, and an efficient and effective legal system are some of the main reasons for HK company formation. It is a unique business city with a population of more than 7 million people.
Hong Kong Company Formation – Legislation
Principal Corporate Legislation
Companies Ordinance (Cap 32).
Type of Law
Common Law based on English Common Law.
Language of Legislation and Corporate Documents
Chinese and English.
Type of Company for International Trade, Investment & Tax Planning
Hong Kong Company Formation – Key Facts
Standard authorised share capital is HKD1,000. Minimum paid up share capital is HKD1.
Classes of Share Available
Ordinary shares, preference shares, redeemable shares and shares with or without voting rights.
Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in Hong Kong.
Company Secretary Required
Yes, must be a HK resident.
The minimum number of directors is one. Director can be of any nationality and need not be resident in HK. Corporate directors are permitted.
The minimum number of shareholders is one.
Publicly Accessible Records
Nominee Shareholders and Nominee Directors
Location of Meetings of Directors and Shareholders
Personal Presence Required
Hong Kong profits tax is ONLY charged on profits earned from a trade, profession or business carried on in Hong Kong. Thus this means that a Hong Kong company which carries on business in Hong Kong, but earns profits from another place, is not required to pay tax in Hong Kong on those profits. Profit earned inside Hong Kong is currently subject to a rate of taxation of 16.5%. There is no tax in Hong Kong on capital gains, dividends and interest earned.
Double Taxation Treaty Access
Requirements to File Accounts
Requirement to File Annual Return
HK dollar (HKD).
Time to Incorporate
Within 1 to 3 working days from the submission of documentation.
Hong Kong Company Formation – Name Legal Requirements
Language of Name
English or Chinese.
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust”, “Trustee” etc. will require justification.
Suffixes to Denote Limited Liability
Hong Kong Company Formation Prices
Hong Kong Company Formation Package Includes:
- Company Name Check
- Initial Business Approval
- Preparation of Application Documents
- Company Registration Fee
- Certificate of Incorporation
- Business Registration Certificate
- Memorandum and Article of Association in English
- Registered Office Address at Central Hong Kong for 1 year
- Company Secretarial Services for 1 year
- Minutes of the Meeting
- Share Certificate(s)
- Register of shareholders
- Register of directors
Starting at: $990
Hong Kong Ready-Made Companies
World’s Largest Selection of Hong Kong Ready-Made Companies with Prestigious Name.
Why Choose Worldwide Incorporation Services?
Hong Kong Company Formation – Office Addresses
Hong Kong Company Formation Services
Worldwide Incorporation Services provides the following services related Hong Kong Company Registration:
- Hong Kong Company Formation
- Registered Office Services
- Secretarial Services
- Nominee Shareholder / Nominee Director
- Opening of Bank Accounts in Hong Kong and in other jurisdictions
- Full Administration Services
- Mailing Address
- Virtual Office
- Book Keeping & Audit
- Trademark Registration
Worldwide Incorporation Services | Hong Kong Company Formation | Hong Kong Offshore Company
Tags: Hong Kong Company | Hong Kong Company Formation | Hong Kong Company Registration | Hong Kong Company Formation Services | Hong Kong Offshore Company