Hong Kong is the key to the buzzing markets of Asia pacific region. This together with its incomparable facilities and business friendly atmosphere is making an amazing attraction for businessmen worldwide. Company registration Hong Kong shows you the added advantage Hong Kong has for your companies. |
The business market for Asia is growing at a rapid rate and so are the companies serving these markets, an area that is situated with the best access to these markets is Hong King. Hong king is not only famous for its flexible business rules but also for the added advantage it has as one of the strongest business economies in the Asia pacific region. It has all the basic necessities for setting of a successful firm, from remarkable transportation facilities to unsurpassed one of a kind communication system, this combined with the fact that it is one of the most corruption free economies in the world together makes the infrastructure for one of the most business friendly countries of the world.
Hong Kong is also a favorite because of its wide use of English which makes it easier for foreigners to communicate. Further the high GDP per capita and the skilled pool of labor makes it an attraction for investors from around the globe. Company registration Hong Kong is quite simple if you have your transparency managed. Once an experienced professional helps you with that, your company registration Hong Kong process becomes very easy. You can find this experienced professional at CompanyRegistrationsWorldwide.com and he or she can help you with multiple aspects of setting up your country in Hong Kong.
Majority of Hong Kong based companies are private limited companies and Hong Kong like any other country have some basic requirements. These requirements are extremely necessary for company to avail all the advantages Hong Kong has to offer. The company is not limited to only local share holders or directors; it can have both share holders and directors overseas. It must have a registered office in Hong Kong with a resident acting as the secretary. Al though it is necessary for each company to have at least one director and share holder it is not necessary that both these people are different, meaning the same individual can be the share holder and the director of a company. Like in majority of the other countries the name must end in either ‘Limited’ or an abbreviation of it. Each company should at least have a share capital of HK$10,000 which might or might be paid up.
There are some features of a private limited company that are common to companies based in Hong Kong, it is these feature that attract investments from within the country and even abroad. The adoption of territorial source principle for taxation is relatively famous, this mean that companies making profits from a source within Hong Kong are required to pay taxes where as if your tax source is outside Hong Kong its tax free. Even if your source is within Hong Kong the tax rates are as low as 16.5% and simple. The tax rate is limited to only net profits and no taxes like capital gains tax or VAT are present.
As mentioned above Hong Kong is the dream location for a number of businessmen and Company Registration Hong Kong can make this dream location easy to achieve.
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