Tag incorporating a hong kong company

Hong Kong Company

August 3, 2020

Incorporating Hong Kong Company

Hong Kong companies, demands are high despite worldwide tensions.

The city registered 48,000 companies in the first six months, incorporating a Hong Kong company is remaining attractive despite, or because? Of the economic turmoil.

The low tax location (8.25% of the first USD 250,000 profits, then 16.5%) is attracting interest from International entrepreneurs.

Incorporating a Hong Kong company is an easy process but demand attention to details as the bank account opening is a difficult operation, with travel restrictions many are caught with a company which can’t be operational in absence of bank account.

The preparation of a compliance report before incorporating a Hong Kong company is therefore a better concept for those with immaterial business models and/or operating in countries which could be considered as a risk by the bank compliance.