Hong Kong company system is divided into two types

• Limited company
  • Limited by shares
  • Limited by guarantee
• Unlimited company
  • Sole-proprietorship
  • Partnership

Hong Kong is an international financial centre favored by worldwide investors due to its well established legal and banking system, simple tax system with low tax rate with a pool of high quality professionals. Backed up by the strong economy and favorable policy of the PRC, Hong Kong offers unlimited business opportunities and serves as a platform to global economy and commerce.

Henry Ha & Co. is able to offer quality professional services to help you start and grow your business.

Advantages of setting up a company in Hong Kong

• No exchange control
  • Funds can be circulated freely in and out of Hong Kong without restriction.
• Low tax rate and territorial source principle
  • Profits tax rate is 16.5% for incorporated businesses (only 8.25% on first HK$2 million assessable profits) with no capital gain tax. Dividend income is also not subject to profits tax. Only profits which have a source in Hong Kong are taxable.
• Sound legal system and world class business infrastructure
• Highly stable social and economic environment with worldwide recognition

Incorporation of Hong Kong Limited Company - documents required

• At least one shareholder and director over 18 years old
• One registered address in Hong Kong
• One company secretary (position taken by a Hong Kong permanent resident or Hong Kong company)

Time needed

• Registration of a new limited liability business with company register (approximately 10 days)
• Purchasing a Shelf Company (requires 2 days or so)

Documents needed

• Chinese and English names, or single Chinese or English name of the company
• Passports of shareholders and directors (Or HKID cards)
• Registered address of the company (we can provide if unavailable)