Hong Kong Company Formation

Hong Kong Company Formation: A Hong Kong Company Formation can be done in a few days. Our company has been offering corporate services since 1979. We offer quick, fuss free Hong Kong company formation, Shelf Companies and Bank Account. Hong Kong is a No Tax Jurisdiction with many tax incentives and being the 3rd biggest Financial center in the World has a lot to offer to the international entrepreneur. Make it the step stone for your international enterprises. It can be the vehicle to your success. See below the reasons. There is a multitude of reasons for an international entrepreneur to go offshore and become international.

A small country, it has managed to become in a short time a huge place of business opportunities, a financial center like no other place! Due to its dual government and administration status, it is taking advantage of the horrendous economic growth of China on the one hand whilst preserving the capitalistic structure endowed to it by the British. It has become an economic crossroads for East and West, for Asians, Europeans, Americans, Indians and more. It`s multicultural structure intertwines with its immense economic capability to forge a magma of unbeatable financial strength. The Hong Kong tax system can compete with any offshore jurisdiction.

Hong Kong Company Formation: Benefits of Hong Kong Company

1. Hong Kong is now the 3rd largest Financial Center in the world, after New York and London.
2. Its Economy is a free economy. There are no restrictions at all. Money can be imported or exported freely and without notice. The Hong Kong Dollar is a freely convertible currency.
3. English and Chinese are both spoken and written. All the company documents are issued in English or Chinese.
4. Low rate of inflation.
5. Its tax system follows the territorial principle. So a company that does not trade inside the country does not pay any taxes.
6. The Government follows a business friendly approach, and does not interfere in business, without some serious reason.
7. The banking system is a very reliable fast and 100% confidential bank system. The leading financial institutions of the World are present , where there are about 250 banks.
8. It is a crossroads between Europe and Asia, India and the US.
9. It is the gateway to the Chinese market and low-cost production work forces, for the overseas companies.
10. It is one of the world’s biggest duty free container ports!! It ranks fifth in the World as regards to commodities turnover.
11. It is the present and the future.

Hong Kong Company Formation: The following are the main legal entities which you can choose to register:

1. The first type is the Sole partnership;
2. Or you can choose the Partnership;
3. The Private Company limited by shares is the commonest type of company chosen by most businesses.
4. There is also the Company limited by guarantee;
5. The Public company limited by shares. This is the type you need for the stock exchange listing.
6. Or you just choose a Place of business, or permanent establishment.

Depending on which type of legal form your business is taking, it is subject to registration in two different registries. The Registrar of companies, registers companies in the business register or it is registered in the business registration office. The companies registry is responsible for the registration of Hong Kong companies and foreign companies caring out business through a separate division. The companies registry is regulated by the companies ordinance (Chapter 32). The business registration office is a division of the inland revenue department; it is regulated by the business registration ordinance (chapter 310).

Quick Facts About The Hong Kong Company

Although there is a large choice of types of legal forms available in Hong Kong, more than 98% of businessmen, prefer the Private Limited Liability Company. It is the most practicable, the most stable structure and of course it offers the great advantage of limited liability of the shareholders, to the company property and not their personal property.