What are some good services for establishing a corporation/bank account in Hong Kong?

-

Company Registration Service Provider Hong Kong offer a basic incorporation package that includes company formation as well as bank account establishment. Aside from that, they provide product support to help entrepreneurs run their businesses more efficiently. It usually consists of the following:

  • Registered Office Address
  • Company Secretary
  • Tax & Accounting
  • Tax Representative

It is recommended to use the aforementioned services if you are a start-up managing a firm in multiple locations. It will ensure that you comply with the laws of certain jurisdictions, allowing you to concentrate on your business needs.

Comments

Post a Comment

Popular posts from this blog

Hong Kong: The Global Trading Gateway to China.

-
Hong Kong serves as a trading gateway to China and an international trade highway. To put it another way, "why should you do business with Hong Kong?"  Here are some of the reasons: ●  Hong Kong provides a level playing field for all businesses, with no restrictions on foreign ownership. ●  There is no tax on offshore income, capital gains, dividends, estates, or sales under the low, simple, and predictable tax regime. ●  Based on British common law, the rule of law and an independent, experienced judiciary ●  Capital, talent, and goods can all move freely. According to China's Ministry of Commerce, 58 percent of all China's outward Foreign Direct Investments (FDI) to Hong Kong in 2014 totaled US$123 billion. Furthermore, Hong Kong is China's second-largest trade partner after the United States, accounting for 8.7 percent of total trade in 2015. Hong Kong is backed by China and faces the rest of the world. As the RMB's volatility rises, Hong Kong Company and ...
Read more

The Benefits of Having an LLC if You Don’t Actually Have a Company

-
  A Limited Liability Company (LLC) already safeguards the personal assets of its owners/investors from business risks and liabilities. There are two types of LLCs in  Hong Kong company formation : Small and medium-sized businesses prefer  Private Limited by Shares , while major firms prefer  Public   Limited by Shares . Because of the benefits it provides, private limited by shares is the most prevalent type of business structure used by  register company  owners in Hong Kong: Separate Legal Entity — If the company goes into debt, the shareholders are not responsible for repaying the debt. Restricted Liability — LLC members’ losses will be limited to the precise shares they invested in the company, and they will not be held liable for losses in excess of their shared contribution. Tax Benefits — Because Hong Kong follows territorial principles, tax rates ranging from 8.25 percent to 16.5 percent will be imposed, as well as a tax exemption for earnings...
Read more

How can a bank be established in Hong Kong?

-
If you’re a new or expanding Hong Kong Company and require a business bank account, be aware that the process can be arduous and time-consuming because all banks follow the Know-Your-Client (KYC) protocol. For  Hong Kong bank account  opening, candidates must submit the required business paperwork for the bank’s review. If the candidate fits the requirements, the bank will schedule an interview. In this situation, corporations looking for a  bank account opening in another country seek help from service providers to save time and money on flights back and forth, or they choose for FinTech accounts for a faster and smoother approach
Read more