Company formation in Hong Kong is tax-efficient and simple. That said, we advise all entrepreneurs considering company formation in Hong Kong to take into account the legal, accounting and tax regulations. In particular, Healy Consultants staff can advise on all aspects of tax planning in Hong Kong. Some of the most important legal, accounting and tax regulations include:

A Hong Kong company is required to pay a corporate tax of 17.5%.

After incorporating a Hong Kong company, accounts need to be submitted annually to the Hong Kong Inland Revenue Department.

Branch profits may be remitted to the head office free of withholding tax, following company formation in Hong Kong. Tax planning in Hong Kong should also take into account that corporate dividends are also exempt from withholding tax.

Tax planning in Hong Kong is challenging because of the country's complex tax rules, despite the low corporate tax rates.

When tax planning in Hong Kong, the company can set losses against future profits.

After company formation in Hong Kong, the company may be liable to pay tax in the country in which it makes strategic decisions. A further tax advantage with company formation in Hong Kong is the double taxation treaties Hong Kong has signed with 54 countries, including Australia, China, Japan, Singapore, UK and the USA. Kindly visit this webpage for further information.

Healy Consultants can open corporate bank accounts in the jurisdiction of choice to support company formation in Hong Kong. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

Hong Kong is a reputable Asian jurisdiction, therefore company formation in Hong Kong portrays a positive image.

Back to Hong Kong Company Formation page.