Discover the Advantages of Opening a Company
in Hong Kong: Your Key to Success in Asia!
Discover the Advantages of Opening a Company in Hong Kong: Your Key to Success in Asia!
- Easy SetupYou can set up a company in Hong Kong quickly and easily, thanks to an efficient system with limited bureaucracy. All procedures can be completed online within days.
- Strategic LocationHong Kong is a key gateway to the Chinese market and other Asian markets. Its location in the heart of Asia makes it an ideal spot for businesses looking to reach major Asian markets.
- Strong Legal SystemThe legal system in Hong Kong is based on English common law, providing high legal stability and security for businesses.
- Stable CurrencyThe Hong Kong dollar is a stable currency tied to the US dollar, making it a good choice for international transactions and reducing the risks of financial fluctuations.
- Free EconomyHong Kong has a free economy with open trade policies, allowing easy business operations and access to international markets without trade restrictions.
- Global Banking SystemHong Kong has many international and local banks offering global financial services, making it a global financial hub that supports businesses in transferring money easily and dealing with foreign currencies.
- No Restrictions on Foreign CurrencyThere are no restrictions on converting foreign currencies, making international financial transactions easier.
- Low TaxesOpening a Company in Hong Kong provides you with the opportunity to benefit from an attractive tax system characterized by low taxes. There is no value-added tax or sales tax, and the corporate tax rate is considered among the lowest globally, at approximately 16.5%. Additionally, there are opportunities for tax reductions based on specific conditions, enhancing the appeal of the business environment in Hong Kong.
Crucial Inquiries on Your Path to Success: Key Questions About Opening a Company in Hong Kong
You can establish various types of companies, but the most common are Private Limited Companies. You can also create Sole Proprietorships and Partnerships.
- Choose a unique business name that matches Hong Kong's business name regulations.
- Prepare legal documents, such as the Articles of Association.
- Appoint at least one director and a local company secretary.
- Provide a registered address in Hong Kong.
- Submit required documents such as Articles of Association, incorporation form, and details of directors, shareholders, and company secretary then Pay the associated government fees and business registration fees.
No, directors and shareholders can be of any nationality and do not need to be residents of Hong Kong. However, there must be a company secretary who is a resident in Hong Kong.
The fees typically include company registration and business registration costs. Additional expenses may apply for legal services, certification, and appointing a company secretary if needed. These fees can vary depending on the service provider and the type of business setup chosen.
Hong Kong imposes a tax rate of 16.5% on local profits, but this rate can be reduced under certain conditions. Profits earned outside Hong Kong can enjoy a 0 tax rate.
Yes, all companies in Hong Kong must obtain a Business Registration Certificate from the Inland Revenue Department.
Yes, you can open a bank account for your company after obtaining the Incorporation Certificate and Business Registration Certificate.
Contact HFA today and get your business bank account opened.
The company registration process in Hong Kong can take from one day to several days, depending on the speed of document submission and registration procedures.
Yes, all companies in Hong Kong are required to submit annual audited financial reports
HFA offers comprehensive accounting services to assist you in preparing your audited financial reports and ensuring full compliance. Contact us today to achieve financial transparency for your company!
No, foreigners can own 100% of the shares in companies established in Hong Kong.
To cancel your company in Hong Kong, you need to obtain a “Notice of No Objection” from the Inland Revenue Department, then submit a deregistration form to the Companies Registry. Make sure all debts are settled, and the company has stopped business for at least three months. The process typically takes 4-6 months to complete
If you have any additional questions or need precise guidance on establishing your company in Hong Kong, the HFA team is your ideal partner. We are here to provide comprehensive support, from understanding the laws and regulations to helping you achieve your business objectives. Don’t let opportunities pass you by; contact us today and let’s write your success story together in the business world!
Why HFA
*Don’t Get Left Behind! Open Your Hong Kong Company with HFA Firm*
Hong Kong is the gateway to Asia’s biggest markets; you should not let this opportunity slip away. With over 750 companies established worldwide in little under six years, HFA Firm is your trusted partner for a fast, secure, and fully compliant setup.
We work directly with official authorities in Hong Kong. No middlemen. No delays. Just clean, correct, and efficient business formation that is handled by our professionals who understand the system inside out.
When you choose HFA Firm, you don’t just get world-class services, you gain a strategic edge. Our tailored, high-standard solutions and exceptional support put your company in the best position to grow and access the booming Chinese and Asian markets.
Time matters, a lot. The earlier you act, the faster you grow. Contact us now to claim your free consultation, and don’t let competitors take the lead.