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HONG KONG
A great gateway to China and other Asian countries
Hong Kong is strategically located in the heart of Asia and is well-known by its highly developed free-market economy driven by the principles of free port trade, low taxation, free markets, and free enterprise system.
As a key financial hub of many businesses entities in Asia and connecting hub with China, a Hong Kong company will usually make the application of a Chinese WFOE setup in your entity more simple. As the incorporation documents of Hong Kong companies are submitted both languages (English and Chinese), a following company registration in Mainland China can run in a smooth and efficient manner.
With perfect connection point between the West and East, Hong Kong offers no legal restriction for inward or outward investments, company registration, foreign investment, foreign exchange controls, and low taxes. Equipped with world-class infrastructure, strong financial system, stable economy, attractive tax regime and complete legal system, these essential benefits are the main driven factors to you in consider setup a company in Hong Kong as stepping stone to penetrate China and the market in Asia nations.
Key reasons for you to consider a Hong Kong company:
Low capital investment
Low rate and straightforward stax system
Simple accounting requirements
World's freest economy and free trade system
"Western" mindset in legal systems and business cultures
Intellectual Property Right (IPR) support for business owner
English common law prevails
Annual tax audits
Permitted of virtual office address registration
Full-service
Wilto - Your reliable partner
We've supported hundreds of foreign businesses entering the Chinese market.
1035+
Satisfied customers
1000+
Companies registered
How to register a company in Hong Kong?
Before starting the company registration, it is important to choosethe right business entity according to your requirements. For a hassle-free solution, you can contact our professional team to give you advice.
Our scope of service coverage in Hong Kong mainly stated as below:
I. Incorporation of a local limited company in Hong Kong
The Limited Liability Company (LLC) is categorized as private and suitable for small or medium sized businesses or for large corporations. LLC is the most common used form of incorporated entity in Hong Kong and offers the protection of personal assets as it has a separate legal entity separate of its share holder members.
II. Accounting and auditing
To maintain the enterprise’s legal status and in compliance with law, a Hong Kong corporate must sustain company management in annual compliance requirements, such as perform an annual audit of financial statement performed by a Hong Kong practicing Certified Public Accounts (CPA) and conduct annual filling with the Companies Registry (CR) and Inland Revenue Department (IRD).
Professional service by our team in Hong Kong as follows:
- Prepare and retain your accounting records including annual accounts according to the Hong Kong accounting standards.
- Conduct annual audits
- Perform auditing services in financial statements, profits and taxes to stay compliant with most current Hong Kong regulatory requirements and ensure all accounts are appropriately aligned.
III. Open a personal or corporate bank account in Hong Kong
Opening a bank account in Hong Kong as a foreigner may be subject to more strict and additional requirements nowadays for verification or identification purposes.
You may need to provide proof of identity, proof of residence address, and business registration documents. Contact us to gain more information to prepare the right documents and determine what exactly the banks looking for to have successful bank accounts application.
Contact us today to learn more and to receive a free checklist with a step-by-step approach for your Hong Kong company registration.
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