[vc_row row_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][vc_custom_heading heading_semantic=”h1″ text_size=”h1″]

HONG KONG

[/vc_custom_heading][/vc_column][/vc_row][vc_row row_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″ el_id=”why-hong-kong”][vc_row_inner limit_content=””][vc_column_inner column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″][vc_column_text]Why Hong Kong[/vc_column_text][/vc_column_inner][vc_column_inner column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″][vc_column_text]Overviews of Key Features[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row row_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ shape_dividers=”” el_id=”why_hongkong”][vc_column column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][vc_custom_heading heading_semantic=”h1″ text_size=”h1″ text_color=”color-698218″ subheading=”As a gateway to Mainland China, being a Free Trade Port and International Financial Centre;
With a convenient, simple and low tax system, Hong Kong is an ideal place for people from all over the world to start their business.”]

COMPANY REGISTRATION IN HONG KONG FOR FOREIGN BUSINESS OWNERS AND ENTREPRENEURS

[/vc_custom_heading][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”5″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ el_class=”inverted-device-order”][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”Hong Kong provided a good environment of multi-investment; and the banking and financial system had been well-developing.
The Hong Kong company set-up is simple and straightforward; registration can be completed through an online system. Hong Kong’s commercial and property laws are trusted and aligned to global standards, with a strong emphasis on all aspects in IP protection. Investors who are involved in international commercial transactions will find the laws familiar and easy to navigate.
As a result, there are many companies setting up their business in Hong Kong.”]Well-developing Environment[/vc_custom_heading][/vc_column][vc_column width=”1/2″][vc_single_image media=”84348″ media_width_percent=”100″ media_ratio=”four-three”][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=””][vc_column_inner column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][vc_custom_heading subheading=”The Hong Kong Tax System is simple and the tax rate is low compared with most of the Asian countries.
Hong Kong adopts a territorial basis of taxation therefore only business profits, employment income and property rental income arising in or derived from Hong Kong is taxable. Hong Kong has concluded more than 30 bilateral comprehensive tax treaties recently.”]Low, Simple & Competitive Tax Regime[/vc_custom_heading][/vc_column_inner][/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=””][vc_column_inner column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][vc_custom_heading heading_semantic=”h3″]Tax Rates[/vc_custom_heading][/vc_column_inner][/vc_row_inner][vc_row_inner limit_content=””][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Tier one is a 8.25% tax rate for a first net profit of HK$2 million. Anything over HK$2 million is capped at 16.5%”]Profit tax is split into two tiers[/vc_custom_heading][/vc_column_inner][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Hong Kong has no capital gains tax, nor any withholding tax on dividends and interest tax. Furthermore, there is no sales tax, VAT or estate tax in Hong Kong.”]Salaries tax – a maximum of 17%.[/vc_custom_heading][/vc_column_inner][/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=””][vc_column_inner column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][vc_custom_heading heading_semantic=”h5″ text_size=”h5″]There is no capital gains tax, nor any withholding tax on dividends and interest tax. Furthermore, there is no sales tax or VAT and estate tax in Hong Kong.[/vc_custom_heading][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”2″ bottom_padding=”5″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column width=”1/2″][vc_single_image media=”84355″ media_width_percent=”100″ media_ratio=”four-three”][/vc_column][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”Hong Kong carries out a free trade policy and does not maintain barriers to trade.
There are a total 8 cities and organizations signed Free Trade Agreements with Hong Kong cooperating on development in economics, commodity, investment and service.
Investors can develop overseas markets through Hong Kong easily.”]Free Port in Oversea Trading Business[/vc_custom_heading][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”5″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ el_class=”inverted-device-order”][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”While Hong Kong appears to be a small market with a small population, it actually boasts the second-highest buying power in Asia.
Because of its highly efficient market, Hong Kong has attracted knowledgeable, experienced and well-connected persons from around the world.
Business registration in Hong Kong is made simple with Korchina – contact us today to get started.”]Efficient Market[/vc_custom_heading][/vc_column][vc_column width=”1/2″][vc_single_image media=”84357″ media_width_percent=”100″ media_ratio=”four-three”][/vc_column][/vc_row][vc_row row_height_percent=”50″ back_image=”84326″ back_repeat=”no-repeat” back_position=”right center” overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ el_id=”overviews-of-key-features”][vc_column column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=””][vc_column_inner column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][vc_custom_heading]OVERVIEWS OF KEY FEATURES[/vc_custom_heading][/vc_column_inner][/vc_row_inner][vc_row_inner limit_content=””][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Private Limited Company by Shares”]Type of Company[/vc_custom_heading][/vc_column_inner][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Yes”]Local Registered Office/ Agent Required[/vc_custom_heading][/vc_column_inner][/vc_row_inner][vc_row_inner limit_content=””][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Mainly is Companies Ordinance, Inland Revenue Ordinance, Business Registration Ordinance etc.
(as well as applicable with other ordinances/ regulation/ laws)”]Type of Ordinance[/vc_custom_heading][/vc_column_inner][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”English/Chinese or both”]Language of Documents[/vc_custom_heading][/vc_column_inner][/vc_row_inner][vc_row_inner limit_content=””][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”The company engaged in any lawful business
but a specific type of business requires a particular license in Hong Kong”]Allowed Business Activities[/vc_custom_heading][/vc_column_inner][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”English/Chinese or both”]Name of Company[/vc_custom_heading][/vc_column_inner][/vc_row_inner][vc_row_inner limit_content=””][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Yes”]Shelf companies Available[/vc_custom_heading][/vc_column_inner][vc_column_inner width=”1/2″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Optional”]Common Seal[/vc_custom_heading][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”2″ bottom_padding=”5″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column width=”1/2″][vc_single_image media=”84361″ media_width_percent=”100″ media_ratio=”four-three”][/vc_column][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”Accepted body corporate but minimum one natural person of any nationality who at least 18 years old”]DIRECTORS[/vc_custom_heading][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”5″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ el_class=”inverted-device-order”][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”Any person of any nationality who at least 18 years old or body corporate, maximum of 50 people act as shareholder in a private company limited”]SHAREHOLDERS[/vc_custom_heading][/vc_column][vc_column width=”1/2″][vc_single_image media=”84363″ media_width_percent=”100″ media_ratio=”four-three”][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”2″ bottom_padding=”5″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column width=”1/2″][vc_single_image media=”84365″ media_width_percent=”100″ media_ratio=”four-three”][/vc_column][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”Must be HK resident or HK company, and it can be provided by Korchina TNC”]COMPANY SECRETARY[/vc_custom_heading][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”5″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ el_class=”inverted-device-order”][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”Any person of any nationality who at least 18 years old or body corporate, maximum of 50 people act as shareholder in a private company limited”]SHARES and SHARE CAPITAL[/vc_custom_heading][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”1″]Minimum Number of shares[/vc_custom_heading][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Unlimited”]Maximum Number of shares[/vc_custom_heading][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”No”]Bearer Shares Permitted[/vc_custom_heading][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”No”]Par Value[/vc_custom_heading][/vc_column][vc_column width=”1/2″][vc_single_image media=”84367″ media_width_percent=”100″ media_ratio=”four-three”][vc_row_inner limit_content=””][vc_column_inner width=”1/1″][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Any currency”]Permitted currencies[/vc_custom_heading][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”HK$1.00″]Minimum paid-up share capital[/vc_custom_heading][vc_custom_heading heading_semantic=”h4″ text_size=”h4″ subheading=”Yes”]Requirement to be paid up[/vc_custom_heading][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row row_height_percent=”50″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=””][vc_column_inner column_width_percent=”100″ align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/1″][vc_custom_heading heading_semantic=”h5″ text_size=”h5″]no limit of maximum share capital and no par value but at least 1 share and paid-up share capital in HK$1[/vc_custom_heading][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”2″ bottom_padding=”5″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″][vc_column width=”1/2″][vc_single_image media=”84374″ media_width_percent=”100″ media_ratio=”four-three”][/vc_column][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”Names which suggest any connection to the Central People’s Government or the Government of Hong Kong Special Administrative Region or which are offensive or otherwise contrary to the public interest or whose use would constitute a criminal offense are generally prohibited. Certain words that suggest specialist activity can only be used when the appropriate licenses have been obtained such as Asset management, Building society, Fund management Chamber of Commerce, Kaifong, Municipal, Royal, Savings, Trust, Bank, Insurance and Assurance.”]Restrictions on Name and Activity[/vc_custom_heading][/vc_column][/vc_row][vc_row row_height_percent=”50″ override_padding=”yes” h_padding=”2″ top_padding=”5″ bottom_padding=”2″ overlay_alpha=”50″ gutter_size=”4″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ el_class=”inverted-device-order”][vc_column column_width_use_pixel=”yes” position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1/2″ column_width_pixel=”900″][vc_custom_heading heading_semantic=”h3″ text_size=”fontsize-155944″ subheading=”Every Hong Kong company must produce annual audited accounts and appoint an auditor, who must be a member of the Hong Kong Society of Accountants and hold a practising certificate. The company must keep accounting records, which may be kept at the registered office address or elsewhere at the discretion of the directors.”]Financial Statement Requirements[/vc_custom_heading][/vc_column][vc_column width=”1/2″][vc_single_image media=”84372″ media_width_percent=”100″ media_ratio=”four-three”][/vc_column][/vc_row]