Hong Kong

Despite the transfer of sovereignty to China occurred already in 1997, Hong Kong has kept its high degree of autonomy. Hong Kong is one of the world’s leading reputable international financial centers with well-known and excellent legal and banking systems. Hong Kong is a natural gateway to China’s (and other Asian) growing markets. Companies established in Hong Kong are not considered as offshore companies but as standard companies. Tax burden is low and corporate income tax is levied only on profits derived from Hong Kong sources.

English and Chinese are official languages, with the Hong Kong Dollar (HKD) being the legal tender. Hong Kong legislation recognizes various types of companies: private limited company, partnerships or trusts. Hong Kong Private Limited Company is recommended for international transactions.

Legal formPrivate Limited Company (Ltd.)
LegislationBased on English common law
Companies Ordinance (cap. 32)
Foundation timeOnce received all required documents from a client, a new Ltd. incorporation takes usually 11 days and documents are delivered within 4 weeks.
ShareholdersMinimum required and maximum permitted: 1-50 Form: physical person/corporate body (both possible) Nationality: Any (Hong Kong nationality not necessary)
DirectorsMinimum directors required: 1 Minimum secretaries required: 1 Form: physical person/corporate body (both possible) Nationality: Any (Hong Kong nationality not necessary)
Share capitalMinimum paid-up 1,- HKD; usual authorized 10,000,- HKD
Bearer sharesNot allowed
TaxesCorporate income tax rate: 16,5% Withholding tax: no withholding tax on dividends, interest tax, no capital gain tax VAT: VAT is not levied Other: Territorial basis taxation (Hong Kong profit tax is only charged on profits derived from a trade, profession or business on a business in Hong Kong, i.e. no profit tax for business activities carried out outsider Hong Kong is levied); filing of annual returns required
AccountancyFiling of accounts required however they are not publicly accessible
AuditRequired on a yearly basis from the local director
Anonymity and confidentialityCompanies registrar is publically accessible
OtherShelf companies availability: YES Registered office: Must be maintained in Hong Kong General meetings: Could be held anywhere in the world

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Our services fulfill Czech Standard - ČSN EN ISO 9001 & Czech Standard - ČSN ISO/IEC 27001