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| Hong Kong Business Start Up | |||||||
Hong Kong business start up is a safe, long-term and tax efficient way to conduct global business. Important points for internation investors and entrepeneurs to note when considering Hong Kong business formation include: | |||||||
1. | Hong Kong business start up is an increasingly popular option for international entrepreneurs. Inward foreign investment into Hong Kong in 2007 was US$59 billion, a 31% increase from 2006. | ||||||
2. | Regulations for Hong Kong business start up include a Hong Kong resident director and a local, resident company secretary. Corporate directors are permitted. | ||||||
3.
| The Companies Registry is the governing body for Hong Kong business start up. The cost a Business Registration Certificate is HK$2,600 (US$ 335), a sum which is payable annually. | ||||||
4.
| Global investors who choose Hong Kong business start up can benefit from Hong Kong's high standards in confidentiality, which have recently been incorporated with Organisation for Economic Cooperation and Development (OECD) legislation.
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5.
| The minimum authorised share capital for a Hong Kong company is HK$1. | ||||||
6.
| Hong Kong's strict client confidentiality laws have resulted in many international investors migrating their wealth to the region. | ||||||
7.
| Hong Kong is a low tax jurisdiction. A Hong Kong company is not required to register for goods and services tax (GST) or value added tax (VAT). Furthermore, international profits are tax exempt provided they are not remitted into Hong Kong, making Hong Kong business start up an ideal option. | ||||||
8.
| Investors completing Hong Kong business start can take advantage of the double taxation agreements Hong Kong has with China, the USA and Belgium. | ||||||
9.
| After Hong Kong business start up, investors can open corporate bank accounts with one of the major international banks such as HSBC, Standard Chartered or Citibank. In fact, 69 of the world’s largest 100 banks operate in Hong Kong. | ||||||
| More information | |||||||
For more detailed information on Hong Kong business start please refer to Healy Consultants' Asia Business Setup guide. | |||||||
| Contact Us | |||||||
For more information on Hong Kong business start up, email email@healyconsultants.com or call us in Hong Kong at (+852) 8331 1911. | |||||||
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Back to Hong Kong Company Formation page | |||||||
ASIA BUSINESS SET UP |
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