Established Time
readymade company will be finished in 3-5 working days
A new company will be finished in 10-15 working days
Established Requirements
1. One director
2. One stockholder (can be of any nationality: director and stockholder could be qualified by one person)
3. One company secretary (a person who must hold a Hong Kong Permanent Identity Card or a limited company registered in Hong Kong)
4. The minimum registered capital is ten thousand Hong Kong dollars (par value per share of 1.00 yuan)
5. If you need to increase the registered capital, you need to pay the government an additional stamp duty of 0.1%.
Established Advantages
1. A stockholder has limited liability for corporation debts. He or she has no personal obligation for corporation liabilities.
2. A limited company has the statutory documents, which could safeguard the interests of shareholder. Therefore, it is easy to collect investment.
3. A limited company enjoys perpetual succession and can operate generations.
4. Shareholders’ private debt will not be involved in the property held by the company.
5. Doing business in the form of a limited company can leave a good impression to clients , bankers and suppliers, which contributes to the development of business.
6. Buying and selling buildings in the form of a limited company can avoid tax inspection by tax revenue.
7. It is easier for Chinese, Taiwanese and other foreigners to get the Hong Kong’s business visa from the Immigration Department by setting up a limited company.
8. The Hong Kong Law will protect your limited company’s name from being copied by other competitors so that you will not be blackmailed ,forged and so on.
Tax Incentives
1. Hong Kong has a simple and predictable tax regime and does not impose Sales Tax , Value-added Tax or other tax items. A limited company only needs to report Profits Tax once every year.
2. Enjoy low tax rates. 2009/10, profits tax rate in Hong Kong was only 16 .5%, which was lower than the adjacent areas’.
3. The profits that not come from Hong Kong could exempt from Profits Tax.
4. Business Expenses may be deductible for profits tax, such as property loan interest, travel expense, catering fee and so on. Besides, a limited company purchase fixed assets will also enjoy the depreciation allowances.
5 .Directors’ remuneration may also be deductible for profits tax.
6. It will save the amount of stamp duty and legal fees bybuying and selling buildings in Hong Kong instead of changing the property contact.
7. Non-Hong Kong residents will exempt from their own countries by running a limited company in Hong Kong.
Legal secretary services
Provide registered address in Hong Kong for one year
Collect letters from government and tax bureau for one year
Provide legal secretary services for one year
Produce, archive, approve corporate documents
Put articles of incorporation and seal on record
Prepare and submit the Annual Return
Formulate company internal meeting record and the resolution
Agent for the replacement of business registration certificate for the New Year
Provide professional advices for law, accounting, taxation and company registered structure
Give the HK public telephone and fax as presents to improve the corporate image
Documents including
the business registration certificate issued by tax bureau(B.R）
Registration certificate issued by company registry（C.I）
One certificate of the company shares (stock)
The company articles of association in both English and Chinese
One company meeting record
One company seal/bank signature chapter/official seal
One accountant verification
Details of maintenance management
One registered credit card
A set of registration documents (with a delicate file box) |
