Hong Kong SAR

Hong Kong Special Administrative Region is on the southern coast of China and has been part of the People’s Republic since 1997. It has always had a prime location for international trade given its geographically superior position. In 1997 when it separated from the British, Hong Kong adopted China’s original social, judicial, and economic systems. Low tax rates, strong infrastructure, and China’s minimal governmental rules and regulations have allowed Hong Kong to flourish into one of the largest offshore financial centers in the world.

Why register a Hong Kong Company.
Advantages:

1.Hong Kong companies represent a positive reputation and are, hereafter, an excellent business vehicle to promote your business to your customers, suppliers, financiers, venture capitalists, governments, and banks.
2.A Hong Kong company can be lawfully exempt. International income can be legally tax-exempt! If structured right. (Read more from Inland Revenue Department Hong Kong)
3.Resident companies with local income have one of the lowest corporate tax rates in the Asia Pacific region, at 16.5%. (Read more details here from the Hong Kong government)
4.Official documents are bilingual, English, and Chinese. These documents make doing business in China a little easier.
5.It is not required to have a physical presence in Hong Kong.
6.A you can obtain “resident’s rights” in HK after living there for 7 years. (Read more)
7.Moving a company into the PRC is much easier after registering a company in Hong Kong, as Chinese officials are familiar with Hong Kong corporate documents, leading to greater efficiency.

Disadvantages:
1.Company details as shareholders structure are on public register.
2.also director details are publicly available through the Hong Kong Companies Registry. This means less privacy for shareholders, but increases can improve your business reputation of doing business in Hong Kong.

Hong Kong Company formation service
How to get a Hong Kong Company – Company setup procedures
While the requirements may vary, the procedures to form a company as follows:
1. You pay our service fee.
2. Then signs and return our order form. With information on company name and corporate structure, including shareholders and directors, beneficial owners.
3. Provide us all the required due diligence documents. This ia a copy of your passport.
4. We will email you an Order Confirmation Form. After your confirmation, we will,
5. proceeds to incorporate the company with the confirmed details provided by you.
6. After registering the company, we will couriers a full company kit to you, including original corporate documents.

What do you get
•Hong Kong Certificate of Incorporation
•Memorandum and Articles of Association of Hong Kong Company
•Share certificate issued to the bearer, nominee, or registered shareholder
•Minutes of the first meeting of founders of the Hong Kong offshore company
•Letter of appointment of the first director of Hong Kong
•Register of shareholders
•Register of director
•Registered office first-year.
•Common seal
•Express mail delivery for you new company statutory documents
•First year Government fee

Statutory Requirements

Required Shareholders: minimum of 1

Registered Agent: not required

Public Access to Records: Yes

Number Directors Required: 1 minimum

Public Access Required: Yes

Resident Director: No

Locale Meetings: No

Required Secretaries: 1

Resident Secretary: Yes (will include if required)