Company Incorporation in Hong Kong

Hong Kong ranked the world’s freest economy

2012-01-13T01:05:00.000-08:00

The Mainland meanwhile ranked 138th out of 179 economies.

A report by the Information Services Department said that according to the 2012 Index of Economic Freedom released on 12 January 2012, Hong Kong scored 89.9 out of 100, with world average at 59.5.

“Of the 10 economic freedom factors assessed, Hong Kong ranked first in financial and trade freedom, second in investment freedom and property rights, and third in business freedom,” said the report.

The Information Services Department further said:

The Heritage Foundation commended Hong Kong's tax system as simple and efficient. It considered monetary stability well maintained in the city. It also noted Hong Kong's economic interaction with the Mainland has become more intense and sophisticated.The study ranked the degree of economic freedom of 179 economies around the world. Singapore and Australia remained second and third.

Virtual Office Hong Kong | www.asiabc.com.hk |

2011-08-29T20:49:00.000-07:00

Mail Forwarding

Asia Business Centre has long been assisting expatriates to set up company in Hong Kong and overseas. At our client's convenience, we forward any mails or parcels received on behalf of business owner's name or company name. Any mail or parcel received will be within 24 hours. We give promise on our prompt forwarding service.

Call answering

Asia Business Centre assists your business by answering your incoming telephone calls, all of the time, or just some of the time to suit changing working patterns, or as an overflow so you phone is never engaged. In addition we offer a wide variety of office-based services to assist you & help you to work as efficiently as possible

We provide you with reliable, experienced and highly competent secretary who are trained to be flexible & resourceful and always to act in your best interests. Your message will be immediately sent to your email account at your convenience.

We offer a high value & low cost solution that allows you to maximize your potential by using our resources

www.asiabc.com.hk

Company Formation Hong Kong | www.asiabc.com.hk |

2011-08-29T20:48:00.000-07:00

Hong Kong Limited Company Incorporation

Hong Kong is an excellent place to set up a business not only because it is one of the world's major trading and financial centres but also because of its simple taxation system and low tax rate. Income with a source outside Hong Kong is not as a general rule subject to tax and companies pay tax on their local income at the rate of only 16.5%.

Basic Requirement

one Shareholder (no restriction on residence, can be individuals or corporates)
one Director (no restriction on residence, can be individuals or corporates)
one Company Secretary resident in Hong Kong
one Auditor who practises in Hong Kong
Registered Office in Hong Kong
register with the Hong Kong Inland Revenue Department
file Profits Tax and Employer's Returns by Company Secretary annually
present audited accounts to the shareholders for adoption annually
hold a General Meeting of the Shareholders every year
file an annual return giving particulars of the Directors, Shareholders and Secretary, together with the Company's capital structure by Company Secretary

Application Procedure

conduct intended company name search on Companies Registry
consult and assess your company structure and clarify outstanding issues.
prepare the company incorporation documents and email to you for your signature (or the documents can be signed at our office if you are in Hong Kong).
submit the original signed company incorporation documents to the Companies Registry and pay all government incorporation fees.
receive on behalf you Certificate of Incorporation and Business Registration issued by Companies Registry after approximately 7 working days.
attend to the production of the company kit including the share certificates, company seal and company chop.
issue the share and update the Register of Shareholders and Directors.
open bank account in different banks in Hong Kong

Company Incoproation Hong Kong | www.asiabc.com.hk |

2011-08-29T20:46:00.000-07:00

Hong Kong Limited Company Incorporation

Basic Requirement

one Shareholder (no restriction on residence, can be individuals or corporates)
one Director (no restriction on residence, can be individuals or corporates)
one Company Secretary resident in Hong Kong
one Auditor who practises in Hong Kong
Registered Office in Hong Kong
register with the Hong Kong Inland Revenue Department
file Profits Tax and Employer's Returns by Company Secretary annually
present audited accounts to the shareholders for adoption annually
hold a General Meeting of the Shareholders every year
file an annual return giving particulars of the Directors, Shareholders and Secretary, together with the Company's capital structure by Company Secretary

Application Procedure

conduct intended company name search on Companies Registry
consult and assess your company structure and clarify outstanding issues.
prepare the company incorporation documents and email to you for your signature (or the documents can be signed at our office if you are in Hong Kong).
submit the original signed company incorporation documents to the Companies Registry and pay all government incorporation fees.
receive on behalf you Certificate of Incorporation and Business Registration issued by Companies Registry after approximately 7 working days.
attend to the production of the company kit including the share certificates, company seal and company chop.
issue the share and update the Register of Shareholders and Directors.
open bank account in different banks in Hong Kong