The Advantages
of Forming a Company Limited in Hong Kong SAR
Hong Kong SAR is a well-known international
city over the world. Not only its trading system but also
its financial structure have been perfectly developed. Forming
a company limited in Hong Kong SAR has 3 major advantages
and they are as follows:-
TAXATION
| 1. |
Hong Kong is a low taxation
city. Its tax laws are simple and straight forward. Moreover,
they are not too many kinds of tax impositions. It is,
therefore, easy to deal with taxation problems.
|
| 2. |
Hong Kong is also one of the major cities
in the world that has the lowest profits tax rate. The
highest charged is only 17%.
|
| 3. |
All companies in Hong Kong (if their profits
are not gerenated from Hong Kong) are not subject to Hong
Kong tax.
|
LEGAL SYSTEM
| 1. |
Hong Kong¡¦s legal system is
based on that of the United Kingdom which has long developed.
Each company limited is an individual separated legal
entity and is well protected by laws and regulations in
relation thereto in HKSAR.
|
| 2. |
Hong Kong has passed legislation to protect
private personal information under the Personal Private
Data Ordinance. All companies confidential information
are 100% protected.
|
| 3. |
All agreements/contracts executed in Hong
Kong SAR are recongnised world-wide and to a great extent
being protected
|
BANKING FACILITIES
| 1. |
As we have mentioned above,
Hong Kong SAR is a well-known international city. Banks
representing different countries of the world have established
their offices in Hong Kong and can be found everywhere.
Hong Kong, being a big city in South East Asia, has gained
support and trust from the foreign countries. In this
circumstances, it is easy and convenient to open a bank
account(s) in Hong Kong. The procedures involved are simple
and time-saving.
|
| 2. |
Hong Kong SAR has no currency control.
Tele-Transmitting money in and out of the place can be
done in a minute.
|
| 3. |
Hong Kong SAR is a free port. Trading activities
are very prosperous and documents arising from tradings
of different nature will need different professional services.
Nevertheless, there are plenty experts and bankers in
Hong Kong SAR to assist you to handle the documents. They
work efficiently.
|
Our company was established in 1982 and has
over 20 years¡¦ experience in providing our clients with all
around services, like taxation, legal advice, trade mark application
and all secretarial matters such as world-wide formation of
company¡K¡Ketc.
Through our experience and dedication, we are
definitely certain that you will find our services are perfect
and satisfactory.
|
Tailor- made company
(use own name) |
Full Set HK$2,500 |
| Not
including
|
Company Incorporation Fee &
Stamp Fee
|
$1,795- (government fee ) |
|
Business Registration License
Fee / Levy |
$2,600.-
(government fee) |
|
Ready- made company,
buy and use immediately, ready in one day |
Full Set HK$3,000 |
| Not
including
|
First
Company Incorporation Fee &
Stamp Fee |
$1,795-
(government fee ) |
| Business
Registration License
Fee / Levy |
$2,600.-
(government fee) |
Services
include:
| |
Filing of details of Members, Directors
and Company Secretary, and Registered Office |
| |
Application of the Certificate
of Incorporation (C.I.) and Business Registration
Document (B.R.) |
| |
20 copies of Company Memorandum and
Articles of Association |
| |
Two perma stamps (for authorized
signature of bank cheque) and one common seal (metal
seal) |
| |
One register of Members, Directors
and Company Secretary and Minutes Book (green book) |
| |
Share Transfer Documents and Sales
and Purchases Agreement (applicable to ready made
company) |
| |
One Green Box (for putting the above
documents and items in) |
|
 |
Formation
Requirments
| 1. |
At least 1 shareholders (no nationality
restriction) |
| 2. |
At least 1 directors (no nationality restriction) *shareholders
can be the directors and a corporate can be director
and
shareholder. |
| 3. |
At least 1 company secretary (must be Hong Kong citizen
or a Hong Kong Limited Company). |
Company
Secretary
| Suggest and recommend to appoint our company as the
Company Secretary. The annual fee is HK$2,000*(provision
of statutory duties, company legal advice, and accounting
and taxation advice)*Include: filing of the next year
annual return, change of particulars of members and directors,
filing of company's registered documents, preparation
of minutes, change or shares transfer, change of registered
name and address, provision of legal, accounting and
taxation
advice. |
Required Document: A photocopy of the identity card and passport
of any countries
Opening of
Bank Accounts
|
Items Name |
Services |
Working days |
Price (HK$) |
Extra payment for minimum deposits |
| Company
accounts |
HK dollars saving passbook
HK dollars cheque book currencies passbook |
20 |
2,000 |
According to bank requirements |
| Letter
of credit (L/C) accounts |
L/C, Bills account |
20 |
1,000 |
No requirement |
| Electric
Banking |
Transactions through telephone and
internet operations |
20 |
1,000 |
No requirement |
|
