Advantages of Hong Kong Company Incorporation

Hong Kong is considered an international financial hub around the world.  Hong Kong is a highly developed international city with the major free trade port, which is the reason that numerous business investors came to here to register a company here. That is to develop the businesses and also improve the company reputation.

The advantages of Hong Kong incorporation:

•  You can own a well-established and trusted legal system here
•  Business scope is not restricted
•  Enjoy a simple and effective tax regime 
•  You can choose the company name freely

One of the significant benefits of Hong Kong incorporation is that the company won't be seen as a tax avoidance vehicle, as Hong Kong is a major trading entity in its own specific right. There is no exchange control and capital gains tax. The essential law of Hong Kong ensures low taxes as well as free trade for a Hong Kong company.

By law, Hong Kong companies must have at least one director and one shareholder. The sole director can act as a shareholder. There is no statutory requirement that the directors and shareholder be Hong Kong residents. They can be individual persons or organization Company incorporation requires a registered Hong Kong office address and a Hong Kong resident individual who act as a Company secretary. We can provide a registered office address and secretary to comply with these statutory requirements for Hong Kong incorporation. These are the basic requirements which you need to fulfill while company incorporation. 

If you want to form a company in Hong Kong then contact us, we introduced as a Stephen is a Hong Kong based company and have many years of experience in offering world-class and professional services on Hong Kong Incorporation to corporate clients around the world.

How to Register a Company in Hong Kong?

When you commence a business in Hong Kong than a very first question which comes in a mind that “ Why Hong Kong Nation for establishing a business” and the answer is very simple because of its best and effective features which they are offering to the foreign investors, You can save more money and more control. All the countries in Asia, only Hong Kong are the ideal locations for setting up their business.You have full control over all the country and have 100 % foreign ownership. The governments support foreign business investors and an entrepreneur for company registration Hong Kong.  This nation is considered as Financial and business hubs which Have a stable & free economy, business-friendly environment, effective & low tax system, and world-class infrastructure that encourage investors to formulate their business and business in the well-developed country.  If you are choosing Hong Kong for Company Registration then you are smart enough to help your company into a successful path and grow or expand your business. It helps you to generate a lot of money here for yourself.

Simple Company Registration Hong Kong Procedure:-

·         The first and foremost thing which you need to decide that either you start a new company or buy a shelf company. If you want to start a company in few times then we at Stephen agency, arrange a ready-made company which starts in 24 hours because the procedure time is faster for the ready-made company. If you want to start a company in your own desired name then you can choose a new company formation option.

·         Once you have decided that which form of company you need to follow then register your company with Business Registrar office or Inland Revenue Department. It is essential to register your business after one month of receiving a Certificate of Incorporation. The Company Registration Hong Kong process requires some details which you must have to provide which include your name, passport details, nationality, and residential address. If you have a shareholder, then you have to mention the percentage of shares. It is needed to provide the information of every director of the company. 

·         The director and shareholder can be of any nationality, minimum one director is required and maximum unlimited. There is only one shareholder is required for company Registration Hong Kong. Only one Company Registration is required which must be of Hong Kong Nationality.  Director and shareholder can be the same but cannot be the same in the case of Company Secretary. 

For this process, you need to hire an agency that makes your process easier. There are several agencies in Hong Kong which help you to establish a company here. But it is important to choose the best that provide you effective and efficient quality services which are fruitful for Company Registration Hong Kong. We at Stephen offer these above-mentioned services at reasonable prices.

Know More about Hong Kong Company Incorporation

As we know Hong Kong is considered as a global business hub, which attracts entrepreneur to set up their business overseas. Hong Kong companies have several benefits which help investors for company incorporation here because of its tremendous features.  Hong Kong has a stable economy which is the reason for expanding their business in Hong Kong. There also provide a tax regime facility which is the most important for Hong Kong company incorporation process because every entrepreneur saves to pay taxes. Due to Hong Kong effective tax systems, many investors are expanding and running their business here. This allows all business investors to promote their business internationally.  There is no foreign exchange control in Hong Kong thus allows for easy exchange and transfer of foreign currency. Hong Kong is a desirable position for starting or expanding their business internationally.

There are the following steps for the Hong Kong company incorporation procedure.

ü      First of all, you need a company name which must be unique and should meet all requirements of the company.  The name must be different because two company names cannot be the same.  The agency will provide best possible name and you have to choose the best among all alternatives.

ü      The next step is to hire one director, one shareholder, and one resident Company Secretary. The shareholder and director can act as same but cannot act as Company Secretary.

ü     After appointing the members of the organization then you have to submit the related documents which include Article of Association (AOA), Memorandum of Association (MOA), And passport copy of both director and shareholder.

ü  When the document submission procedure is completed, after that you have to receive the Certificate of Incorporation which is submitted to the Inland Revenue Authority. 

These are the four easy steps which the agency will provide you to incorporate business overseas. Stephen M.S. Lai & Co. CPA Limited provides simple, reliable and affordable Hong Kong company incorporation services. You can hire our service which helps business investors to start and expand their business in an easier and fastest manner.

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