As an international financial centre, Hong Kong is favored by worldwide investors due to its established legal system, simplified taxation system, low taxation rate, well-equipped infrastructure and communication facilities, and high quality professionals.

Advantages of Setting up a Company in Hong Kong

• Sound legal system
• Simplified taxation system, low taxation rate (Profits tax only with tax rate at 16.5% of the profits)
• With the absence of foreign exchange controls, funds can be circulated freely
• No limitation on business scope and simple follow-up service

General Requirements

• Sound legal system
• Simplified taxation system, low taxation rate (Profits tax only with tax rate at 16.5% of the profits)
• With the absence of foreign exchange controls, funds can be circulated freely
• No limitation on business scope and simple follow-up service

Registration Form and Time to Take

• There shall be at least one shareholder and director over 18 years old
• One legal secretary (position taken by a Hong Kong permanent resident or Hong Kong company)
• There shall be one registered address in Hong Kong

Required Information

• Chinese and English names, or single Chinese or English name of the company
• Copies of ID cards or passports of shareholders and directors
• Registered address of the company (if unavailable, we can prepare for you)

For a foreign company to be able to issue receipts and export goods from China, it must be able to legally register as a local company or a WFOE. WFOE’s are among the most popular corporate models for non-PRC investors due to their versatility and unique advantages.

Advantages of WFOE

• Freedom and independence to execute global strategies of its parent company without the interference by Chinese partners
• Ability to remit RMB to the parent company outside of China
• No requirement for Import / Export license for its own products

Some countries and regions (such as BVI, Macau, Samoa and Cayman etc.) have formulated some especially loose tax systems to attract worldwide investors coming to those countries for company incorporation. This kind of company is generally is not subject to any tax, except an annual license fee. Meanwhile, all international banks accept this kind of company formation and provide bank account opening and financial operation services. Some offshore company registration can also be listed in other countries or regions.

Types of Offshore Company

• BVI Company
• Cayman Islands Company
• Samoa Company
• Seychelles Company
• Anguilla Company
• Bahamas Company
• Bermuda Company
• Marshall Islands Company