Registering a company in Hong Kong offers great opportunities for business to develop and prosper. Favourable investment climate makes this jurisdiction particularly appealing. It is profitable to establish large holdings and industrial companies here. Predictable legislation friendly to non-residents and strong economy encourage business owners to buy an offshore entity in Hong Kong.
choosing a country
choosing a bank
payment (by any method)
bank account opening
Offshore companies may be set up with a registered capital of HK$1. Only one member (shareholder/director) is needed to establish an entity. The company name is entered into the registry in both Chinese and English. Companies in Hong Kong are registered as LTDs and allow for unimpeded export of Chinese goods to countries all around the world. Non-residents enjoy tax exemptions, the amount of which varies under the territorial principle.
Companies may conduct business activities both outside and within Hong Kong. In the second case, profits tax is to be paid. Net profit can be decreased by means of a flexible system of tax deductions, what is another advantage of registering an entity in this jurisdiction.
Local legislation provides for the following types of taxes:
There are as well excise duties, airport charges, vehicle registration tax, and so on.