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Hong Kong Company Formation

Updated:2018-3-19 16:46:20    Source:www.tannet-group.comViews:727

Hong Kong company formation, also known as Hong company business incorporation, is a popular choice for foreign investors. HongKong, as an international metropolis with full of opportunities, has been acknowledges as one of the most effective way to entering Chinese mainland market, due to sound legal system and favorable business environment. Therefore, it is quite necessary for investors to have a basic knowledge on HongKong business guide.

1. HongKong Business Advantages
Sound legal system;
Favorable business environment like low taxation;
No trade barriers, quotas and foreign exchange controls;
Easy business registration procedures;
Gateway to entering Chinese mainland markets;
Cost-effective way for business conduct;
No limitation on business scope;

2.HongKong Business – Shareholders and Directors
Regarding members of HongKong business, at least one shareholder and one director is required for a Hong Kong limited company. Any natural person aged above 18 years old could be a shareholder and director or both at the same time, but meanwhile, a legal person could also be a shareholder of a HongKong business.

3.HongKong Business  Legal Secretary
A legal statutory is also required for a HongKong business to ensure compliance with ongoing legal returns, accounts, audit and other requirements on behalf of the company. Details of the company's directors, shareholders and secretary must be filed at the Companies Registry for public search.

4.HongKong Business – Company Name
In Hong Kong, a trade name is much easier to define as long as you do not infringe the trademark of other companies. The name of a limited company should be ended with “limited”. You can have an English company name or a Chinese company name or both. If you like, you can add a country name or city’s name in front of or inside the company name, such as: France, USA, Italy, Japan, London, Beijing, Shenzhen, Shanghai and so on.

5.HongKong Business – Business Scope
A HongKong business could conduct any business, under normal conditions, that means, there are not great restrictions on the business scope of Hong Kong companies. This is also one reason why a HongKong business is one of the most popular way for business doing around the world. 

6.HongKong Business – Standard capital
The standard capital for a Hong Kong limited company could be as low as HKD 10,000.00 while the paid-up capital could be as low as HKD1.00. Hong Kong Company Registry has cancelled the registered capital and paid-up concept, there will no any capital exposed in the business registration license and articles of associations.

Contact Us
If you have further enquire, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling  Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com.

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