Hong Kong company registry, also known as HK company registration or HK company formation, is one of Tannet’s business registration services. Hong Kong is Asia’s commercial and financial center, and as such has always been welcoming for businesses. There, you are exposed to unlimited business opportunities. Served as a platform to global economy and commerce, Hong Kong's advantages are well known, therefore tens of thousands of international businesses benefit from setting up a company in Hong Kong.
I. Reasons for Hong Kong Company Registry
(1) Hong Kong companies require comparatively little investment by the foreign investors, and allow trade, invoicing, the hiring of staff, and transfer of capital abroad.
(2) It is a good starting point for setting up a business in Mainland China, as HK company registry will usually make this simpler. Due to being limited liability companies, they also provide investor security for Chinese investments when they’re used as the investment holder.
(3) Foreigners do not need to live in Hong Kong to open a company there, but will need to visit in order to open a business bank account as part of the HK company formation process.
(4) With the absence of foreign exchange controls, funds can be circulated freely. Foreign currencies can be exchanged and transferred as needed, and credit operations can be handled conveniently and quickly.
(5) Simplified taxation system, low taxation rate.
(6) Tax needs to be declared just once per year.
(7) The credit rating of the HK company may be a better option when applying to register a Mainland China company.
(8) As an international financial center, HK has multiple financing channels.
II. General Requirements on Hong Kong Company Registry
(1) There shall be at least one shareholder and director over 18 years old.
(2) One legal secretary (position taken by a HK permanent resident or HK company).
(3) There shall be one registered address in Hong Kong.
III. Time-frame for Registration
HK company registry is less involved than its Mainland Chinese counterpart, and therefore this is a service that should take only around 2 weeks or so to complete! There are mainly three registration forms.
a. E-filing incorporation (requires 1 day);
b. Registry of a new limited liability business with company register (requires 10 days or so);
c. Purchasing a Shelf Company (requires 2 days or so).
IV. Required Information for HK Company Registry
Chinese and English names, or single Chinese or English name of the company;
Copies of ID cards or passports of shareholders and directors;
Registered address of the company. (if unavailable, Tannet can provide one for you.)
Contact Us
If you have further inquires, 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. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020,Dongmen Rd South, Luohu, Shenzhen, China.
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