Incorporation of Hong Kong Companies
Hong Kong, as an international financial centre, has established legal system, simplified taxation system, low taxation rate, well-equipped infrastructure and communication facilities, and high quality professionals which attracts worldwide investors. Hong Kong offers unlimited business opportunities, and serves as a platform to global economy and commerce.
Why incorporating Hong Kong company?
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Sound legal system
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Gaining international credit by making use of Hong Kong’s reputation
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Enjoying multiple financing channels
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No foreign exchange controls, funds can be circulated freely
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No limitation on business scope and simple follow-up service
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Simplified taxation system, low taxation rate
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Chinese names are permitted and can be included on certificate of incorporation
Basic Requirements for incorporation
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At least one shareholder and director over 18 years old
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One legal secretary (position taken by a Hong Kong permanent resident or Hong Kong company)
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Must have registered address in Hong Kong (a post office box is not acceptable)
Annual maintenance requirements
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Submit annual return to Companies Registry annually with filing fee
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Renew business registration annually
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Notify Companies Registry for any changes on registered address, directorship, company secretary and significant controllers
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Must have annual audit of the Company’s accounts
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Must maintain a register of significant controllers