Hong Kong company formation is an appealing, tax-efficient corporate vehicle to conduct international business. The following information will help your Firm determine whether forming a company in Hong Kong is the most appropriate corporate solution to fulfill your international business objectives. Further information can be found in our Hong Kong Company Registration Guide.

A company registered in Hong Kong portrays a positive image and is, hence, an excellent corporate vehicle to promote your business to customers, suppliers, investors, venture capitalists, governments and banks.

Company formation in Hong Kong is not perceived as being an offshore company in an international tax haven. Hong Kong is a reputable, regulated international trading jurisdiction. Hong Kong is positively ranked as the world's 12th least corrupt country in the 2011 Corruption Perceptions Index by Transparency International, a measure of corruption amongst public officials and politicians.

A properly structured Hong Kong company enjoys legal tax exemption on profits sourced from outside Hong Kong. The authority in Hong Kong that governs the tax system is the Hong Kong Inland Revenue Department.

Interview with Aidan Healy on Hong Kong Company Formation.

Hong Kong company incorporation provides access to a significant number of double taxation treaties. Hong Kong's DTA network is increasing including the recent addition of Ireland, New Zealand, Switzerland, and the UK.

The Forbes magazine Best Countries For Business 2011 survey ranks Hong Kong as the world's 3rd best jurisdiction for business. The report takes into account a number of factors including trade freedom, for which HK ranks number 1.

Hong Kong is a competitive economy. It is ranked the world's freest economy in the Heritage Organisation's 2012 Index of Economic Freedom, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets. Furthermore, Hong Kong company formation is simple and cost-effective. According to the World Bank's Doing Business 2012 Survey, Hong Kong is the world's 2nd easiest place to do business. The survey measures factors including company formation procedures, time, cost and minimum capital required to start a business.

Hong Kong company registration is especially popular with foreign investors setting up a regional or global headquarters, particularly those looking to access Chinese markets. According to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2011, Hong Kong was the 3rd-largest recipient of FDI during 2010. This was a rise from 4th in 2009.

After forming a company in Hong Kong, it is usually easy to set up global corporate bank accounts. Healy Consultants works with internationally-recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

Unlike jurisdictions such as Dubai, it is not necessary to rent a physical office to complete Hong Kong company registration. Healy Consultants offers a full Hong Kong virtual office service, from short-term Hong Kong office rental to daily telephone answering and mail forwarding services.

Following Hong Kong company formation, annual audited financial statements must be submitted to the Hong Kong Inland Revenue Department. Healy Consultants will assist our clients efficiently and effectively complete this annual statutory obligation.

Setting Up Your Company in Hong Kong

Our firm's website media centre is a useful resource for business people who are considering Hong Kong company set up. The Hong Kong articles contain a range of detailed information related to Hong Kong company formation. Not only procedural aspects of forming a company in Hong Kong but also key elements for entrepreneurs to consider when setting up a business, such as laws, culture, customs and lifestyle.

Contact Us

For additional information on Hong Kong company formation, contact email@healyconsultants.com or phone us in Hong Kong at (+852) 8331 1911.

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