A Private Limited Company is the most commonly-used legal entity in Hong Kong that is separate and distinct from the individuals who run it.

Hong Kong located on the south-eastern of China and in the heart of rapidly developing East Asia which is a very popular place to incorporate for foreign investors and businesses because Hong Kong is near to China and has a simple tax system with no VAT, no capital gain tax and no withholding tax.

Hong Kong also offers a great business environment with no restrictions of business scope, a world-class infrastructure and an well-found internet banking system.

Language

• English is an official language and is widely used within the Government and also by the legal, professional and business sectors.

Best Path to China

• Prime location at the geographical of China;
• CEPA and lower withholding tax for dividend and royalty in china.

Well-found Banking Facilities

• Convenience internet banking system;
• No foreign exchange control.

Very-well Business Environment

• No restriction on business scope;
• World-class infrastructure and good supply of high quality manpower.

Simple Tax System

• No VAT, capital gain tax and withholding tax;
• Non-HK source tax exemption.

Set up a business in Hong Kong is fast and easy. There are no restrictions on the use of foreigners as Shareholders or Directors at a Hong Kong company. The only thing you have to accomplish is having your company name approved.

Company Name

• Same company name is prohibited according to Hong Kong Company Registry.
• Either an English name or Chinese name; or
• Both English and Chinese name.

Shareholder(s) and Director(s)

• No nationality restriction.
• Individual and/or Corporate shareholder is acceptable.
• Corporate director is acceptable but at least one natural person as director.

Company Secretary and Registered Address

• Comply with Hong Kong Companies Ordinance, appointment of Company Secretary and Registered Address is required.

Capital Requirement

• Minimum subscribed share capital is 1 share (equivalent to HKD1).
• No par-value for share(s).

Set up a Hong Kong Company is easy as 3 steps.

Client don't need to be in Hong Kong in the company formation stage; everything can be done by email and courier.

Decide to use ready made (shelf) company or tailor made company;

Hong Kong is well-known as one of the lowest tax regimes in the world and the tax system in Hong Kong is relatively simple.

Key Features of Hong Kong Tax System

• Tax on Territorial Sourced Basis
• Residence
• No Tax on Capital Gains and Dividend Income

Types of Hong Kong Tax and the Related Tax Rates

There are three distinct and separate headings under which tax is levied:

1. Profits Tax
2. Salaries Tax
3. Property Tax