WHY HONG KONG?
HK’s advantages are the reasons for its success over many years as the leading international business location in the World, such as:
Hong Kong is one of the top global cities to set up a business. Getting started is simple and easy, startup costs are low, and the overall environment encourages businesses to thrive.
The workforce in Hong Kong is well-educated, highly skilled and trained, and has the skills of ‘’biliterate and trilingual’’ (English, Mandarin and Cantonese). Hong Kong has business friendly immigration policies to attract the best overseas professionals to come and work in the city.
Businesses in Hong Kong enjoy one of the most tax-friendly systems in the world. Only Two-tiered profit tax (Profits tax for the first HK$2 million is 8.25% and Profits above that amount is 16.5%) are imposed and there are generous allowances and deductions which can reduce your taxable amount.
WHAT IS REQUIRED TO SETUP A COMPANY IN HONG KONG?
Minimum requirements for company registration in Hong Kong
1 x Individual Director
(one of which must be a natural person, not a company)
1 x Shareholder
(either individual/ corporate)
1 x Licensed Company Secretary
1 x Registered Office Address
1 Significant Controller Register ("SCR")