Establishing a Company in Hong Kong |
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Establishing a business in Hong Kong is an excellent tax-efficient corporate vehicle through which international business can be conducted. The following information will help you determine if Hong Kong business formation is the optimum solution for your business: |
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| 1. | Establishing a corporation in Hong Kong is not perceived as being in an offshore tax haven. Because of the positive image of establishing a business in Hong Kong, it is an excellent structure to promote to investors and venture capitalists. |
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| 2. | Hong Kong business establishment is quick and easy. According to the World Bank's Doing Business 2011 Survey, in Hong Kong is one of the easiest places in the world for establishing a corporation. |
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| 3. | If properly structured, establishing a corporation in Hong Kong is a legally tax-exempt way of booking profits sourced outside Hong Kong (visit the Hong Kong Inland Revenue Department website). Avoiding double taxation is also made simple by Hong Kong having signed double taxation avoidance treaties with many trading partners. |
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| 4. | Because of its regulated business environment and stable economy, business establishment in Hong Kong is a secure, long-term structure. The lack of corruption in Hong Kong also facilitates business formation. |
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| 5. | Establishing a corporation in Hong Kong is an excellent way to enter China, particularly when supported with a Hong Kong virtual office. |
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Establishing a company in Hong Kong is easy with the help of Healy Consultants. Our firm takes a highly professional approach to company establishment in Hong Kong, which guarantees results for our clients. |
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| 1. | Before establishing a company in Hong Kong, our client settles our engagement fees and signs Healy Consultants' Client Engagement Letter. The engagement letter sets out standard terms and conditions for starting a company in Hong Kong, as well as costs and timeframe, thereby ensuring that there are no unwanted surprises for our client at any stage. The Client Engagement Letter accompanies an Engagement Project Plan, which details Hong Kong company set up procedures and gives clients a good idea of what to expect. |
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| 2. | Prior to Hong Kong company establishment, for our client, our staff request and receive personal due diligence information from our client for our internal use, including passport copy, proof of address and a bank reference letter. |
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| 3. | Prior to company establishment in Hong Kong, our client confirms the Hong Kong corporate structure, for example who the company shareholders and directors are to be. Hong Kong company set up regulations require only one shareholder and director, neither of whom need be resident in Hong Kong. |
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| 4. | Healy Consultants' incorporation team performs a company name search with the Hong Kong Companies Registry and, if approved, we begin company establishment in Hong Kong. |
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| 5. | Within two weeks, the Hong Kong Companies Registry issues a Certificate of Incorporation, confirming that this phase of company start up in Hong Kong is complete. The next step is for Healy Consultants to apply for a Business Registration Certificate for the company. To this end, our Hong Kong staff pays Hong Kong company establishment fees, and receives the Business Registration Certificate, which is kept along with other official incorporation documents. |
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| 6. | Following company set up in Hong Kong, Healy Consultants' compliance team prepares post-incorporation documents, which are sent to our client for signature and return to us. Upon receipt, we then courier a complete company kit to our client containing the following: i) Certificate of Incorporation ii) Bound Memorandum and Articles of Association iii) Share certificates and iv) a client feedback form. |
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| 7. | After establishing a company in Hong Kong for our client, Healy Consultants assists them to open a corporate bank account for them. The account, with a reputable international bank such as HSBC, Standard Chartered and Citibank, features excellent Internet banking facilities and the account is available in multiple currencies, facilitating global transactions. |
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| 8. | If required, Healy Consultants provides Hong Kong virtual office services. For example, following Hong Kong company establishment some international entrepreneurs require physical office space in Hong Kong, but would prefer not to have the expense of renting an office of their own. Healy Consultants offers high quality office space in Kowloon. Alternatively, we can supply our client with a local business address in the Hong Kong for invoicing purposes only. |
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| 9. | Some entrepreneurs request our assistance with marketing their Firm globally. For example, we employ experienced, professional copywriters and designers who can build a business website. Our web developers will also build your website so it ranks on leading search engines such as Google, Yahoo and Bing. Other marketing services we provide following company establishment in Hong Kong include corporate brochures and flyers, as well as stationery and logo design services. |
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| 10. | After establishing a company in Hong Kong, some clients request our assistance to raise corporate finance, including listing on stock exchanges. Our knowledgeable staff are specialised in this area, and can advise on the optimum strategy. |
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Contact Us |
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For additional information on establishing a company in Hong Kong, email email@healyconsultants.com or call us in Hong Kong at +(852) 8331 1911. |
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Back to Hong Kong Company Formation page. |
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Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
