Hong Kong Company Formation & Incorporation

A properly structured Hong Kong International Business Company (IBC) is an excellent tax efficient corporate vehicle through which international business can be conducted. The following information will help you determine if a Hong Kong IBC is the optimum corporate vehicle for your business.

Advantages of a Hong Kong Company

A Hong Kong Company will not be perceived as an "Offshore Company" in a "tax haven". It is a legitimate corporate vehicle domiciled in a reputable, highly regulated, international trading jurisdiction;
International profits earned outside Hong Kong and booked in a properly structured non-resident Hong Kong Company will not be subject to local corporation tax;
HSBC Hong Kong offers the best corporate banking facilities in Asia, including a multi-currency business bank account supported by the best internet banking platform in the world;
Hong Kong has very strong client confidentiality laws and refuses to exchange customer information with the OECD.

Disadvantages of a Hong Kong Company

Every Hong Kong Company is required to prepare annual accounts and submit them for annual audit;
Hong Kong does not have a good network of double taxation treaties.

Uses of a Hong Kong Company

If properly structured, a Hong Kong Company is the perfect entity to book international profits without paying local corporation tax;
Because of the positive image of a Hong Kong Company, it is an excellent vehicle to promote to investors, venture capitalists; and
A Hong Kong Company is the perfect gateway into China, particularly when supported with a Hong Kong Virtual Office.

Healy Consultants fees for a Hong Kong Company Incorporation

Incorporation costs in Year 1 amount to US$2,300 and annual Company costs in Year 2 and thereafter amount to US$1,300. These costs include:

annual Government License fees
Registered Business Office for 12 months and
Company Secretary fees for 12 months.

Hong Kong Company de-registration costs amount to US$1,450.

Contact us

Hong Kong Company Formation

For more information on any of our Hong Kong Corporate services, please email info@reghk.com or telephone us at +86-571-81951526.