Hong Kong Company Formation: The Procedure and Benefits

Hong Kong is considered by many multinational corporations and businesses for the Hong Kong Company Registry. Offshore businesses choose to incorporate in Hong Kong because it is inexpensive, has low taxation and the company formation is pretty easy. Moreover, it provides access to the China market where you can get many opportunities for growth. The taxation structure attracts many offshore businesses as doing business outside the Hong Kong is taxed at 0% and within Hong Kong is taxed at a very low percentage. Thus helping the companies to get relief from the heavy taxations.

The best part of Hong Kong Company Registry is that anyone (above the age of 18) can register for their offshore company in Hong Kong. It’s one of the best nations for the business owners who are looking for a base or say operational center for their corporation. The nation provides business-friendly environments and numerous opportunities for the companies to grow. Despite its small size, it offers established legal system, no taxation or low taxation laws, great infrastructure and is also a gateway for China and other markets. If you want a base for your business (regardless of its size), then Hong Kong is one of the best jurisdiction to register your company.

The registration of your company or business in Hong Kong is pretty easy. The Hong Kong Company Registry process involves two-fold method. One of those is company name approval and another is the application for the company registration. Before filing the form for the company registration, your proposed company name should be approved by the authorities. Moreover, before filing the registration form you need to be content with all the procedures involved for where and by what time you need to file the forms. If you are new to this then it is always recommended to get help with a certified firm like Offshore4Asia to help you in registering your business in Hong Kong. With the help of qualified attorneys, you will get assistance at every step of the Hong Kong Company Registry.

The agency will also help you to get permissions from the Hong Kong government organization and will also help you to understand and be content with the entire structure for managing the transaction while and post registration. Once your company is registered, you can get the ease of doing business, low taxation and proximity to the mainland and most importantly a Hong Kong Bank Account. With a Bank Account, you can do all the fund transaction with ease. Thus, you can get an inexpensive, hassle-free and relaxing base to operate your business.