Hong Kong Company

Setup Hong Kong Company - Please contact Miss Yu for free advisory. (852) 2156 9955

Under Hong Kong new tax system, the tax rate for the first $2 million of profits of enterprises will be lowered to 8.25%.

1. Setting up a whole new company. Client can create a new company name, but the registration process time is relatively longer.

2.Purchasing a ready-made company. Client have to select company name from our companies list which includes shelf company names, but the processing time is relatively shorter.

 

  New Incorp. (A)
(Lite Package)
New Incorp. (B)
(Company Secretary Package)
New Incorp. (C)
(Register Address Package)
Ready made incorp. (D)
(Express Package)
Service fee (inculde govt. fee) HK$ 6,800 HK$ 9,800 HK$11,800 HK$8,800
Company secretarial service for first year      
Company register address 1 year      
Bank opening document
Arrange HSBC / Hang Seng Bank opening
Certified True Copy of statutory document
Company name search
Certificate of incorporation
Business Registration certificate
Memorandum & Articles of Association
First Co. Sec, Director, Reg. address notice
Bank opening information
Prepare Significant Controller Register    
Company share certificate (Remark 1)      
Statutory book      
Common seal      
Company chop      
Company Boxfile      

Procedure of incorporation of Hong Kong Company - Application form

  1. Client fills in the application form  and sends to us info@ctholding.net with copies of identify card/ passport and address proof of proposed shareholder(s), director(s) and company secretary.
  2. We will contact the client in order to confirm all required information has been provided.。
  3. We will check if the proposed company name can be used.
  4. Clientmakes payment by cash or bank transfer to our bank account
  5. We will prepare required documents in 1 working day.
  6. Client comes to our office to sign the documents, or instructs us to send/email the documents to the designated place for signatures (*).
  7. We will submit the required documents and fees to Companies Registry for application; Certificate of Incorporation will be issued within 5-7 working days.
  8. Client could open the bank account with provided minutes and Certified True Copies of all relevant documents.
  9. Remark:(*) For specified industrial/commercial area only, otherwise, client should bear the courier fee.

Hong Kong Company Incorporation Requirement

  1. Minimum 1 Shareholder and Director is required;
  2. Directors & Shareholders can be same person;
  3. No nationality restriction for shareholders and directors;
  4. Corporate shareholder and director is allowed and documents required include :
    - Certificate of Incorporation of corporate;
    - Memorandum & Articles of corporate;
    - Minutes of Directors approving taking up shares / directorship in the HK Company, and authorization of signatory;
  5. Minimum subscribed share capital is HK$ 1 ;
  6. Registered address in Hong Kong;
  7. One Company Secretary and should either be Hong Kong resident or Hong Kong limited company;
  8. Company name should not be same as those already in company register and can be
    - only English name or only Chinese name, or
    - English plus Chinese name.

Advantages of using Hong Kong company

Generally, Hong Kong companies are being used because of following advantages :

  1. With very low tax rate ( around 16.5% on net profit )
  2. Tax exempt for income not incurred in Hong Kong ( offshore income )
  3. Allow nominee shareholder and director structure - beneficiary owner's identity can be hidden from public company record;
  4. With very stable social and political environment;
  5. With very active and freedom in financial activities. No restriction in fund transfer to and from most part of the world;
  6. Close to and with excellent relationship with Mainland China;
  7. Enjoy convenience of international banking system;