The profits tax rate is 16.five%, but we draw your interest to The point that any gain attained outdoors the territory of Hong Kong isn't issue to taxation, and what is a lot more – there is no taxation for dividend or interest, no VAT or cash gains tax
Importantly, it is the duty on the Hong Kong company to get administrators’ approvals on these types of paperwork and current them to all shareholders with the company. The deadline for your presentation is inside of 21 times prior to AGM.
I really have to say, which i are hearing it really is acquiring a bit more difficult to get a bank account, The key reason why for which I am not thoroughly crystal clear. The bank Commonly requests the following files from you:
Yet again, names and addresses of administrators are submitted with the sign-up of directors which is public. Other than, Hong Kong businesses ought to also appoint a secretary resident in Hong Kong (both person or corporate).
Consists of all documents so the company may be absolutely operational suitable from the initial working day of registration
An important attributes of your company design can have a robust impact on what services the bank you decide on must give. Firstly, the unfold of activities will make a big variation.
Offers complete access to all elements of the account at branches, on-line as a result of cell and Personal computer apps, and ATMs
Moreover, it is actually compulsory to notify CR of modifications in a very Hong Kong company inside fifteen days from improve.
Hong Kong is additionally among the jurisdictions that has fully commited alone for the Intercontinental normal on tax information and Trade. Because of this, an offshore company in Hong Kong will not be considered negatively or with suspicion.
Becoming Probably the most attractive jurisdictions for enterprise get started-up and enhancement, Hong Kong Federal government is seriously interested in the yearly compliance obligations. You ought to be aware about the yearly filing to forestall unanticipated penalties.
You can open the company from your residence place (or exactly where ever you come about to be on this planet) and on-line. We mail you the paperwork by courier, you sign, and then shoot it again.
The company lifetime of Hong Kong permeates with the whole region non-end and hong kong company setup price is also the primary reason why the island pulsates with everyday living and magnetic attraction.
Provision in the company package which include 10 copies of our typical Posts of Affiliation, share certificates, moment guide, company seal and company stamp.
Formation Kit team took the perfect time to get to find out me and my company. I have a real sense of safety, figuring out there’s constantly good quality information on hand as my company grows and I must make extra selections.