The earnings tax fee is 16.five%, but we attract your attention to the fact that any revenue obtained outside the territory of Hong Kong will not be issue to taxation, and what's more – there is not any taxation for dividend or fascination, no VAT or cash gains tax
HK companies may perhaps interact in nearly any legal small business, but need to get hold of licences for a few controlled things to do like banking and insurance things to do, money lending, or financial investment advisory.
That is an introduction by using a 3rd party company with the issuance of the corporate pay as you go card. That is subject matter for the acceptance by the card supplier.
Yet again, names and addresses of directors are filed Together with the sign up of administrators which can be general public. Besides, Hong Kong businesses ought to also appoint a secretary resident in Hong Kong (both specific or corporate).
If you're in China, HSBC can open account through video conferencing from their supported nearby branches, extra cost applies. To avoid wasting valuable time and cash, most customers ebook their flight and lodge following the incorporation is comprehensive.
For company sorts aside from private, Accredited genuine copies in the fiscal statements is mandatory together with kind NAR1. The documents even have to incorporate the report from the auditors as well as report of the directors.
Depending upon the company’s volume of involvement and the exact service package deal, They might help with banking introductions and software.
All our incorporation deals include things like complimentary assistance to assist you to open an account to your company.
Hong Kong firms could possibly have a number of shareholders (irrespective of whether particular person or corporate, resident in Hong Kong or not). The only real shareholder could be appointed since the company director.
Yearly the Hong Kong company should prepare and file with the Companies Registry an yearly hong kong company formation fee return which supplies particulars of the present directors and shareholders who've held shares during the company at any time in the calendar year.
Almost every company which has any online presence has PayPal. As well as in Hong Kong it’s not Considerably various. Unless that you are a traditional business – they are quite stubborn to do anything on line. Signing up is fairly simple like almost every other Paypal on the globe.
If the company is incorporated utilizing the E-Registry Service you don't must indication and return the incorporation documents for submission to the businesses Registry as the incorporation might be done online.
Many say it doesn’t issue what your company name is. I come to feel it does assist you to look much more authentic. Once you send purchasers your bank payment specifics, possessing a company name that matches your web site will help Create believe in.
Once the Hong Kong offshore company is incorporated and registered the next formalities needs to be complied with: