register company Hong Kong Fundamentals Explained

Sure, foreigners are permitted to individual a hundred% of the company in Hong Kong, permitting you to register a company there for a non-resident.

The corporate tax prices in Hong Kong are competitive because they comply with a territorial basic principle process that exempts tax For most earnings sorts attained beyond Hong Kong.

The initial step to register a company in Hong Kong is to pick a company identify. A Hong Kong confined company may have its name expressed in English or in Chinese, or with names in both of those languages.

A partnership is actually a style of business enterprise exactly where two or more folks create and co-individual the undertaking, sharing in its profits. In Hong Kong, a partnership can have up to 20 partners. In any other case, it is suggested the organization register for a company.

You can register your company with the English or Chinese name, however it can't be a mixture of both of those. If you end up picking an English title, it must end with "Limited" in lieu of "Ltd." If you discover very similar names to yours, take into account incorporating extensions like "Asia Pacific" or "HK" to make it distinctive.

You are able to raise the share cash and allot new shares to new shareholders Later on Apart from allotting new shares, You can even transfer your shares or possession to other functions.

If you are primarily based abroad, there'll usually be feelings and stress in keeping a company abroad. It is best to search for companies who are still willing to present human interactions service.

Registered Workplace address charge: It’s a necessity to have a registered Business handle in Hong Kong. This may contain expenses related to renting Actual physical Business space or utilizing Digital Business products and services, which can get started at somewhere around HK£2,000 annually.

(That is Optional - you would not have to select any of our tips to utilize our Company Registration Support). (Abroad clientele will see much less - or no, options dependent on area; but we are able to nonetheless support once the company is registered.) * Offered Offers and Banking Alternatives may perhaps differ As outlined company formation Hong Kong by your place and the kind of company remaining registered. This can be managed by our banking associates.     Style your proposed Company Name under to examine that it is accessible:

Hong Kong adopts a territorial resource basic principle of taxation. In other words, offshore profits are not taxable by the Hong Kong community authority.

Warn: There is no absolutely free lunch In this particular globe. “Limitless” normally includes selected limited phrases and condition and it only handles an extremely confined array of service. Additionally, from our statistics, ninety five% of little and medium enterprises make no variations in the course of the year. That's why, there isn't any should pay several thousands to the company secretary company.

Transitioning from the sole proprietorship, forming a partnership in Hong Kong will allow two to 20 people to share earnings and obligations. In the event the range exceeds 20, the entity needs to be registered as a company.

You need to get ready your application with just as much detail as feasible to stop confusion and prospective issues. Most banks prioritize transparency. So, the clearer and a lot more detailed the information you present, the upper the probability of A prosperous application.

Hong Kong draws Global companies and business owners to its shores. The subsequent will be the vital attractions for enterprises, traders and business people to setup a company while in the Distinctive Administrative Region of China: