Company registration in Hong Kong

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In recent times, Hong Kong has taken one of the leading positions in the list of the world's best jurisdictions for doing business. Hong Kong, located on the southeast coast of China, is a special administrative region of the country with one of the most successful economies in the world. 

More and more foreign businessmen and professionals are seeking to open their company in this jurisdiction. If you are interested in registering an offshore company in Hong Kong, contact the specialists of Legal Solutions.

Our team includes highly qualified specialists who are well versed in all the nuances of opening and running a business in foreign jurisdictions, taxation, corporate and international law.

Company registration in Hong Kong: top 5 reasons to open a business here

Want to buy Hong Kong offshore? Considering this jurisdiction as a lease for international business? We have compiled the top 5 reasons why it is profitable and safe to do business in this place:

1. Free economy and trade. The Special Administrative Region of the PRC has one of the most dynamic economies in the world. The economy is supported by the principles of free markets, free trade and businesses that are open to both residents and non-residents. There are no restrictions on inward and outward investment, foreign ownership and exchange controls when establishing a business unit. Other factors such as a strict anti-corruption regime, legal system and significant foreign exchange reserves also make Hong Kong a business-friendly jurisdiction.
2. Ease of doing business. Compared to other countries, it is relatively easy to start a business in Hong Kong. If you don't know how to register or what documents you need, Legal Solutions' lawyers are ready to help. Registration of companies in Hong Kong, regardless of legal form and type of economic activity - our specialization. We will provide a "turnkey" service. We guarantee speed, reliability and high professionalism.  
3. Entering the Chinese market. You can set up a 100% foreign owned enterprise (WFOE), a joint venture (JV) or export products to China under SEPA.
4. Tax incentives. Hong Kong has many tax incentives that attract investors. There is a two-tiered tax regime here, with corporations taxed at 8.25% on the first HK$2 million and unincorporated businesses taxed at 7.5%. As for the remaining profits, corporations are taxed at 16.5% and unincorporated businesses are taxed at 15%. In addition, there are no VAT, export duties or taxes on capital gains and dividends.
5. Strategic location. Hong Kong is in the heart of Asia and is the gateway to the country with the second largest GDP in the world, China. Hong Kong is also within a few hours' drive of other important markets in the Asia-Pacific region. 

Features of company registration in Hong Kong

If you are considering this region as a platform for business activities, contact Legal Solutions. Only our specialists will tell you about all the intricacies and specifics of doing business, help you organize everything, conduct the registration procedure and provide reliable legal support and maintenance of further activities.

Company registration in Hong Kong has a number of peculiarities. Here are the main aspects you should pay attention to:

• Minimum registration time. A Hong Kong firm can be registered within a week with a minimum authorized capital of HK$1.
• Minimum requirements. A new legal entity can be established by 1 member who is a resident or foreigner.
• Registered address. A company can be established with a registered address. There is no legal requirement for a physical office.
• Tax exemption. If your Hong Kong company has no local base or income derived in the area, the legal entity is exempt from tax.
• Low corporate tax rate. For resident companies, the corporate tax rate is 16.5%. This is one of the lowest tax rates in Asia.
• No language restrictions. The official business language is English. 
• Foreign investments. Resident companies can invest in any industry without government restrictions, regardless of the nationality of their owners. This is a key advantage for foreigners.
• Double taxation avoidance agreement. Hong Kong has signed 34 double taxation avoidance agreements, which allows optimizing the tax burden on the offshore.

Hong Kong offshore: buy or create?

Independent creation of a new legal entity outside of Ukraine, the majority of businessmen already at the initial stage and causes difficulties. Language barrier, unfamiliarity with the legal requirements of a foreign country, lack of necessary skills, etc. 

If you contact Legal Solutions, you will receive two offers - to buy a ready-made offshore company, fully prepared for legal work or to open a company from scratch.

If you do not want to delay and start doing business tomorrow, buying a ready-made offshore company is the best option. We offer only reliable, proven companies registered in accordance with the established legal procedure.

Beneficial offers to clients from Legal Solutions

Are you interested in the service "Hong Kong offshore"? Do not waste precious time on studying the mass of laws, manuals and guides on opening a company. Contact us right away. Services for the creation of Hong Kong legal entity "turnkey", includes the step-by-step fulfillment of the following stages:

• organizational;
• registration;
• post-registration.

Organizational stage

We provide the following list of services:

1. Selection of business structure. The organizational-legal form is chosen according to your business goals and objectives. We can help you open a branch office, a limited liability company, or a corporation.
2. Name Selection. The name of the new enterprise can be in English, Chinese or both languages. The name must be unique. We use special services and registries for verification.
3. Determining the composition of the founders. Before you register a company, you need to determine the circle of founders.
4. Appointment of the director. the head of the enterprise can be no single person. A resident or non-resident adult is appointed as a director.
5. Appointment of a company secretary. This is a mandatory requirement. The secretary may be an individual or a legal entity, and must be domiciled in Hong Kong.
6. Choice of registered office. A physical local address is required to register a legal entity.
7. Determination of authorized capital. The minimum amount of authorized capital is equal to 1 Hong Kong dollar. The maximum amount is not limited by law. 

Registration 

As part of the direct registration of the company in the territory of this Asian jurisdiction, our lawyers provide the following services:

preparation of a turnkey package of documents;
sending documents for registration to the competent authorities. 

The package of documents includes:

• application (registration card) of the established form;
• copy of the Articles of Association
• notice;
• copy of the non-resident's passport;
• documentary proof of residence address;
• copy of Hong Kong identity card for Hong Kong residents;
• copies of all articles of incorporation if the incorporator is a legal entity. 

Post-registration 

After submitting the documents to carry out the registration of a new business entity, it is necessary to perform a number of other (post-registration) actions. Our lawyers are engaged in:

• Obtaining a certificate of incorporation, which will be issued in electronic or paper form, depending on the method of document delivery.
• Opening a corporate account in any bank. We will help you choose a suitable bank, collect documents and open an account in the shortest possible time. 
• Registration of special permits and licenses. There are many types of permits and licenses, which depend on the nature of products and services of your business.
• Choosing a taxation system, determining the tax burden on the company. 
• Researching annual reporting requirements. The requirements to be followed include filing an annual report, tax return.

Cost of company registration in Hong Kong

In order to get detailed information about the list and cost of our services, we recommend you to choose any suitable way to contact us. Our manager will provide up-to-date information and answer all your questions.

If you are interested in company registration in Hong Kong, price, terms - fill out the feedback form on the site and we will call you back within a few minutes.

The price of our services depends on many factors. The key role is played by the list of services provided to the client.

Do I need a work permit?

In order for a foreigner to work legally in Hong Kong, foreign employees or investors must have a work permit or appropriate visa. For a foreigner to obtain a Hong Kong visa, they must have skills, knowledge or experience not available in Hong Kong, or meet the requirements for investment.

Our lawyers can help you obtain a visa and apply for a work permit in the shortest possible time. You can find out more about the paperwork by contacting Legal Solutions.

Legal Solutions is the #1 expert on offshore registration issues

If you are looking for a reliable, responsible assistant in turnkey company registration, you have come to the right place. We are trusted by hundreds of clients from Ukraine and other countries, because we guarantee:

• professional approach to the fulfillment of the task;
• client-oriented;
• complete confidentiality;
• honesty;
• loyal prices;
• promptness.

Planning to do business abroad, for example, in Hong Kong? Do not waste time and contact Legal Solutions. We will provide comprehensive legal support for your business anywhere in the world.

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