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Hong Kong is a great place to open a business: there are no restrictions for foreigners, taxes are flat and rather low (profits tax stands at 8.25% for the first HK$2 million of assessable profits, and 16.5% for profits after that), the incorporation process is easy, fast, and can be done remotely.
You would need a company name, a companies ordinance, appoint one designated representative, one individual director, one shareholder, and one company secretary and a local Hong Kong-registered address.
Yes, all companies registered in Hong Kong must have a local address. It goes on all legal documents. If you don’t have an office address, use our service.
Once all the documents are ready, it can only take within 5 day to register a company. It mostly depends on when you are comfortable with providing all the details, as well as the service hours of the authorities.
Business Registration Certificate is a document that every Hong Kong business must have. It specifies all the details of your company. It is issued by the Inland Revenue Department of Hong Kong usually for 1 year and has to be renewed annually.
It’s a virtual card. If you want a physical corporate card, please contact your account manager for application.