Situated in South East China, Hong Kong offers a great geographical location for those who want to participate in the Asian economies and also represents a great opening point to the Chinese market. The main benefits of a Hong Kong offshore entity is its taxation legislation which is one of the lowest in the world, and the easiness of the tax system.
- Globally recognized jurisdiction
- Affordable & Convenient
- Zero Tax For Income Outside HK
- 3-5 Days Incorporation Time
- 0% Taxation
- ✓ Auditing & Accounting
- ✓ Annual Returns
Hong Kong Company Formation
You will Get
How Does it works?
Order your company online.
Submit KYC Documents.
Your Company is Incorporated.
Key Information You Need To Know
Below are the services included in the package :
Shipping of the original documents to your address will require an extra charge of courier fees , please refer to optional services above.
For Each Director , Shareholder & Ultimate Beneficial Owner
Please provide below, if the company has corporate shareholder :
All the documents must be presented in english , if the document is not in english , a certified translation in english will be required.
Company Type – PLC
Min Directors/ Shareholders – 1
Hong Kong is one of the few countries in the world that taxes on a territorial basis. Many countries levy tax on a different basis and they tax the worldwide profits of a business, including profits derived from an offshore source. Hong Kong profit tax is only charged on profits derived from a trade, profession or business carried on in Hong Kong. Consequently, this means that a company which carries on a business in Hong Kong but derives profits from another jurisdiction is not required to pay tax in Hong Kong on those profits.
Hong Kong sourced income is currently subject to a rate of taxation of 16.5 percent.
Accounting :A Hong Kong company must keep accounting records, which may be kept at the registered office address or elsewhere at the discretion of the directors. Every company must appoint an auditor who must be a member of the HKIPA and hold a practicing certificate. Although there is no requirement to file accounts with the Companies Registry, there is a requirement to file accounts with the tax authorities. An annual return is required to be filed to the Companies Registry within 42 days after the date of anniversary of incorporation, and then each year thereafter.
Share Capital There is no specific minimum capital requirement. The standard authorised share capital is US$1,000. The minimum issued capital may be one share of no par value, or one share of par value. Registered shares, bearer shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights are permitted.
Registered Office & Agent – Required ( Included in our package )
Recurring/Annual Fees – Annual Renewal Fees – $1300 , includes below :