Time:2025-04-23
Author:Zhuo Xin
Source:Zhuo Xin
Views:64The procedures for the incorporation of a Hong Kong company are simple and fast, with low fees, low thresholds, and convenient processes, which can enhance the international status of the company and make overseas investment more trustworthy. Zhuoxin Enterprise provides one-stop full-process business legal secretary services such as Hong Kong company registration, Hong Kong company bank account opening, Hong Kong company annual review, Hong Kong company accounting and tax filing, Hong Kong company audit, Hong Kong company change, Hong Kong company cancellation, Hong Kong trademark registration and Hong Kong identity planning.
The tax types are simple and the tax rates are low. Offshore operating profits can apply for tax exemption. There is no foreign exchange control, funds can flow in and out freely, and various foreign currencies can be exchanged and transferred at any time. Avoiding trade barriers, facilitating re-export trade, and helping enterprises enter the European and American markets. The profits of Hong Kong companies can be used for further foreign investment and opening up overseas markets. Hong Kong companies are listed entities, which facilitates the listing and financing of enterprises. The business scope is not restricted, and the follow-up services are simple.
Company name verification
Signing of entrustment agreement
Signing of legal documents
Submitting to the Hong Kong Companies Registry
Collecting documents after registration is completed
Company name: Chinese is optional, but English is a must.
Shareholders and directors: 1 or more persons aged 18 or above, no nationality restrictions
Registered capital: minimum HKD 10,000, no capital verification required, no need to be in place
Business scope: Any business of any nature, no more than 28 characters
Legal secretary: Our company can serve as one
Registered address: Provided by our company
The registration fee includes Hong Kong government fees, company SCR filing of important controlling persons, and agency service fees, etc. For specific detailed fees, please consult Zhuoxin’s professional consultants.
7-10 working days for paper submission;
2-3 working days for electronic submission
Certificate of registration
Business registration certificate
Articles of association
Share book
Three seals
Accountant's documents
Statutory documents
Record of key controllers
Due diligence form
Zhuoxin can open accounts in Hong Kong banks, Singapore banks, American banks, Malaysian banks, Swiss banks, and domestic offshore banks. For specific bank opening information, please consult Zhuoxin account opening consultants.
Hong Kong's Inland Revenue Ordinance (Chapter 112) stipulates the collection of three types of direct taxes. They are: Profits Tax, Salaries Tax, and Property Tax.
1) Profits Tax - Profits Tax refers to a tax levied on all profits generated in or from Hong Kong when doing business in Hong Kong. Hong Kong's Profits Tax adopts a two-tier system, that is, the tax rate for the first HK$2 million of the corporation's profits is reduced to 8.25%, and the profits thereafter continue to be paid at 16.5%.
Hong Kong company tax filing time:
Newly established Hong Kong companies - will receive the first Profits Tax Return form about 18 months to 2 years after establishment. After receiving the tax return, the Profits Tax must be filed within 3 months. If the time is exceeded, a fine will be incurred. After receiving the salary tax, it must be filed within one month. If the time is exceeded, a fine will also be incurred.
Non-newly established Hong Kong companies - from the first accounting time, accounting and tax filing will be required every 12 months thereafter. If a tax return is received, the tax return normally needs to be completed within 1 month.
2) Salaries tax - Any person who earns income from a position or employment in Hong Kong or obtains income from employment in Hong Kong, minus the allowable deductions (personal tax exemption or charitable donations, etc.), must declare salaries tax according to the tax rate. If each person's annual salary does not exceed the basic tax exemption and the tax exemption that meets the conditions, there is no need to pay salaries tax (but it still needs to be declared).
3) Property tax - Hong Kong imposes a tax on the owners of land and buildings on their property income, with a tax rate of 15%. That is, it is only required to pay for on-site operations.
1) Annual review of Hong Kong companies
Hong Kong companies have an annual review every year
Annual review time: before the anniversary of company registration
Annual review content: submit annual return, update business registration certificate, renew legal secretary, renew registered address
2) Audit of Hong Kong companies
Generally speaking, after the establishment of a Hong Kong company, it must file its first tax return within 18 months, and then once a year. This is the obligation of every Hong Kong limited company. There are three ways to file tax returns in Hong Kong:
(First) Inactive business report (zero tax return): suitable for companies without operations
(Second) Auditor's report (tax return for auditing and accounting): suitable for limited companies with operations
(Third) Apply for offshore exemption (apply for tax exemption)
3) Change/transfer secretary/cancellation
Zhuoxin Enterprise provides supporting services such as change, transfer secretary, cancellation, etc. in Hong Kong. Please consult our professional consultants for details.
All the agency business information of Zhuoxin is free of any fraud. If the customer loses due to the fraud of Zhuoxin information, Zhuoxin will bear all the responsibilities.
All the agency business quotations of Zhuoxin are quoted once before the signing of the agreement, and there is no hidden charge in the business agency process.
Zhuoxin will never disclose customer information to others. If the customer loses due to the leakage of our company, Zhuoxin will bear the relevant responsibilities.
The specific requirements for establishing a company in Hong Kong are as follows:
1. There must be at least one shareholder;
2. All shareholders must be natural persons aged 18 or above (nationality is not restricted);
3. All shareholders must provide valid identity documents or passport copies;
4. If a corporate entity acts as a shareholder, the entity must submit its business license and the identity document of its legal representative;
5. The minimum registered capital is HKD 10,000, with no need for verification, but a higher capital requires additional registration fees;
6. A registered address in Hong Kong must be provided (multiple commercial addresses can be offered for selection);
7. A Hong Kong resident or a Hong Kong company must be appointed as the company secretary (this can be provided by a professional firm);
8. The business must be legitimate.
The above details the requirements for registering a company in Hong Kong. For more information, please consult our online customer service or call our free hotline: 400-065-0008. (Adam)
How long does it take to register a limited company in Hong Kong? Generally, it takes about 10 working days. Typically:
1. Registering a newly established Hong Kong company takes 8-10 working days.
2. Registering an existing Hong Kong company takes only 3 working days.
3. If urgent processing is required, you can also choose electronic registration, which can be completed in as fast as 3 working days. For details, consult the professional advisors at Trust Enterprise. (Adam)
The advantages of registering a company in Hong Kong include:
1. Hong Kong companies have no industry restrictions. They can operate any legal business without needing to apply for additional licenses;
2. Hong Kong is the world's freest trade port, with free flow of goods: general imports and exports are not subject to tariffs; Hong Kong allows free movement of capital, and various foreign currencies can be exchanged and transferred at any time;
3. Hong Kong companies benefit from favorable tax policies and low tax rates;
Hong Kong companies are mainly subject to only one tax: profits tax, with a rate of 16.5%;
Special consumer goods (such as tobacco and alcohol) are subject to import and export tariffs.
4. Leverage Hong Kong's reputation to establish a Hong Kong brand and enhance the company's international image;
5. Shell companies are allowed, and offshore business operations are permitted. (Adam)
Hong Kong companies need to pay two types of fees annually: annual audit and financial statement auditing.
1. The fees for tax bureau annual audits and company registration annual reports are mandatory expenses every year. The price may be adjusted according to government regulations. Even if the company has no business activities, this fee must be paid.
2. As for accounting, bookkeeping, and auditing, if the company starts operations and generates business, it must conduct financial audits. If the company has no business activities, it does not need to perform financial audits. However, tax filing is mandatory. (Adam)
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.
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