Stress-free solution for your company formation
Benefits of company formation in Hong Kong
Hong Kong is one of the leading international finance and business centers of the world. As one of the most dynamic economic regions in the world, Hong Kong not only offers a supreme locations for entrepreneurs and firms to participate in the Asian economies but serves as the doorway to the Chinese market.
Why Choose an Offshore Company
Many famous jurisdictions should be considered when forming an offshore company; some of these jurisdictions include BVI the Cayman Island and Seychelles. All these offshore locations normally enjoy low tax rate polices, a well-developed business services environment and significant local advantages.
For examples, if personal data are considered to be the most important issue for a company, BVI or Seychelles may be the best choice. The Cayman Islands is one of the world-famous choices if a corporation is planning IPO; this is due to the location’s recognized stock exchange and legal systems.
Although all these offshore locations provide you tax or privacy advantages, higher formation and maintenance costs should also be considered.
Establishing an offshore company will normally take from 7 to 14 working days. Of course, if you urgently need an offshore company, you may consider purchasing a ready-made company (called a shell company); doing this depends on which jurisdiction you choose.
Law & Regulation
There are 3 different ways to establish a Hong Kong Limited Company:
1. Follow traditional guidelines and tailor-make the company for yourself
Design your own company name and become the first director and shareholder. It takes 7 working days to accomplish this once documents are submitted.
2. Buy a ready-made company, which is fast and convenient.
Purchase a ready-made company; doing this can be done within 1-2 days. This is the first choice for busy entrepreneurs.
3. Keep up with the times and do e-Registration.
This method combines the above 2 ways described. You won’t be the first director and shareholder, but you may design your own company name and get the Certificate of Incorporation in within a day.
What you need to prepare
You will be ready to go to have your own company in Hong Kong once you have five simple documents:
Number of shareholder and directors
There is no limit to becoming a shareholder or director. Foreigners can be shareholders and director
Shareholder and Share Ratio
There is no need to invest an actual amount into a share. An actual amount is only needed if there is more than one shareholder.
Identity Card or Passport
All shareholders’ and directors’ identification documents are needed
Shareholder and Director’s Address Proof
Any proof of address issued by the government is okay to use, such as a passport or residential proof
The company’s name can be both English and Chinese. At lease 3 names should be prepared to avoid overlap