Hong Kong
Hong Kong, officially the “Hong Kong Special Administrative Region of the People’s Republic of China”, is an autonomous territory on the Pearl River Delta of China. With a total land area of 1,106 square kilometers and a population of over 7.3 million. As one of the world’s leading international financial centers, Hong Kong has a major capitalist service economy characterized by low taxation and free trade.
Key Benefits:
- The taxation system of Hong Kong is simple and straight forward.
- There are no minimum requirements for share capital.
- Capital gains and net worth are not taxed in Hong Kong.
- A superior banking system and communications infrastructure takes place.
- The costs of incorporating and maintaining a company are at the minimum.
Fact Sheet
General
| Type of Company | Private Ltd |
| Type of Law | Common |
| Shelf company availability | Yes |
| Our time to establish a new company | 7 Days |
| Minimum government fees (exl. Tax) | US $320/ US $65 |
| Corporate Taxation | Nil on foreign profits |
| Double Taxation Treaty Access | Yes |
| Share capital or equivalent | |
| Standard currency | HK$ |
| Permitted currencies | Any |
| Minimum paid up | HK$ |
| Usual authorised | HK$1.000 |
Directors & Secretary
| Minimum Number | 1 |
| Local Required | No |
| Publicity accessible reports | Yes |
| Location of meetings | Anywhere |
| Secretary | Yes, Local |
Shareholders
| Minimum Number | 1 |
| Local Required | No |
| Publicity accessible records | No |
Accounts
| Annual Tax Return | Yes |
| Audit Requirements | Yes |
| Requirements to file accounts | Yes |
| Publicity accessible records | No |
Other
| Requirement for file annual return | Yes |
| Change in domicile permitted | No |
| Recurring Government costs | |
| Minimum annual Tax/ License Fee | |
| Annual Return Filling Fee |