Offering complete ownership to foreigners
Profit tax rate ranges from low 8.25% - 16.5%
Foreign sourced income is exempted from corporate income tax
No sales tax, import, capital gain tax or tax on dividends and interest
No withholding tax on dividend distributions and interest payments made out to a resident or non-resident
Straightforward gateway to Mainland China and Asian markets
The world’s third easiest country to do business with in 2020 by World Bank
* Company formation:
* Company secretary
:
* Registered address
* All-in renewal fee at US$899
** All government fees included in 1st year
*** Services provided by BCorpsec Limited - A Member of BBCIncorp Group
Everything in the Basic package, plus:
Airwallex business account
Airwallex package covers all essential features needed to get your Hong Kong business up and running seamlessly.
US$260 rebate (limited offer) for BBCIncorp customers
* Everything in the Basic package, plus:
Premium banking support
* Company formation:
* Company secretary
:
* Registered address
* All-in renewal fee at US$899
** All government fees included in 1st year
*** Services provided by BCorpsec Limited - A Member of BBCIncorp Group
Everything in the Basic package, plus:
Airwallex business account
BBCIncorp x Airwallex package covers all essential features needed to get your Hong Kong business up and running seamlessly.
US$260 rebate (limited offer) for BBCIncorp customers
* If your first Airwallex application isn’t approved, we’ll advise on suitable alternatives.
* Everything in the Basic package, plus:
Premium banking support
ACCOUNTING & TAX
(*Maximum 120 transactions/year)
Note that there are some naming guidelines that you have to follow according to statutory law. Each name must have an ending word that represents its business nature.
You need necessary information on key personnel ( e.g. directors & shareholders) to include them along with your chosen name to the Companies Registrar (CR).
You can operate most business activities freely in Hong Kong without any constraint, but some do require the extra step of acquiring a business license first.
The following is a non-exhaustive list of businesses that require license/permit:
The next step is to open a business banking account. Depending on your needs, you can consider the following popular options:
As Hong Kong is a highly prolific jurisdiction for international businesses, the legal ceiling is relatively higher compared to most other places. This is why commercial entities here generally have to abide by a higher degree of corporate compliance when doing annual return filing, maintaining their registered office and records-keeping.
Hong Kong has plenty to offer in terms of business opportunities. Let's take a look at what some of the prominent prospects you can look forward to below:
Hong Kong maintains a great logistic infrastructure and a scalable digital payment foundation that's open to change. With a total market value of $3.7billion, it's more than just promising to capitalize on this lucrative industry.
Healthcare is booming in Hong Kong. According to Food and Health Bureau, the total public and private health expenditure in Hong Kong alone controls 6.8% of the country's GDP.
Beauty products have been seeing consistent growth in demand in Hong Kong. In 2019, imports of cosmetic and personal care items amounted to over HK$47billion in 2019, an attractive incentive for those that want to enter the beauty business.
Shopping is one of the most common phenomena for the large population of Hong Kong. Within the maze-like structure of Hong Kong's urban jungle are over 63,000 sprawling shopping malls and retail establishments of all sizes.
When it comes to being a central hub for IT and technology development, Hong Kong is a name that can now rival even Guangdong and Shenzen. Together, these major tech regions form the world's second largest technology cluster according to Global Innovation Index 2020.
Tourism is one of the main economic pillars that keeps the lifeblood of this bustling state running. In 2018, around 4.5% of the country's GDP was from this industry alone, and along with it are around 257,000 employed professionals.
A solid banking landscape, deep capital market and asset management are what define Hong Kong's place as a premium spot for investors worldwide. This is further supported by its robust ranking amongst the top international financial centres on GFCI.
Considered an academic mecca of the Asia region, Hong Kong has been an industry-leading figure in education since the turn of the century. Parents spend on average +$130,000 on their kids' educational well-being which includes schooling, transportation and accommodation.
Hong Kong develops a conductive trading environment that encourage freedom of trade and growth opportunities for businesses. With total merchandise trade value of HK$830,163 million, its trading industry is one of the most active in the world.
Our streamlined process is broken down into 4 simple steps, purposely designed to expand your confidence as you go.
Enter our online order platform for an easy onboarding experience. We have different packages of Hong Kong offshore company formation and additional services that suit your goals. During this process, we also provide free consulting to help you set up the right company structure per your need.
You can settle payment for services via flexible payment options including debit/credit card of Visa, Master, Amex or Bank Transfer. After you complete payments, we will provide you a with checklist of required information for Hong Kong company registration.
Una volta ricevuto il pagamento, il nostro servizio clienti ti contatterà per espletare la documentazione necessaria. Ti guideremo nella preparazione corretta dei documenti per la costituzione della società a Hong Kong tramite il modulo KYC online.
The electronic documents are ready after 2 working days of company formation, and it takes 7-14 days to courier the original kit.