• Hong Kong Companies are easy to be set up.
• Initial set up requirement is minimal:
  • initial paid up and issued capital is as low as 1 share valued at HK$1.
  • 1 shareholder who can be a corporation or individual or any nationality and residency.
  • 1 individual director of age over 18 years who can be of any nationality and residency.
  • Statutory disclosure of the ultimate beneficial owner is not required.
  • Capital can be of any major currencies, not limited to HK Dollars.
• Hong Kong is well known of its simplified and low tax system.
  • Only profits derived from Hong Kong are assessable and genuine offshore transactions are not subject to Hong Kong tax. Low Tax Centre (Current Profits Tax Rate is 16.5%).
  • No tax on dividends in HK whether paid to its shareholders or received from investments, No tax on interest on bank deposits, No capital gain tax., No VAT/GST, and No withholding tax (except on royalties)
• As there is no foreign exchange control in Hong Kong, profits of a Hong Kong company can be returned to its overseas holding companies.

General Requirement of Hong Kong Company