Tuesday 11 July 2017

Incorporate HK Company - Few Requirements To Meet



When it is about opening an offshore business or starting up a new business from the scratch in any country, the on hand business rules, tax regulation also the environment around makes everything quite difficult to overcome. In such situation, when it is to Set Up Hong Kong Limited Company the budding entrepreneur experiences less load, ease, greater success at lesser cost. Hong Kong today has earned the reputation of being one of the most popular business locations, known to offer remarkable environment for entrepreneurs and investors from all across the world. To Set Up Hong Kong Company, one needs to have a registered business location, trademark registration.

Incorporating HK Company

  • Those who are simply unaware of how to Incorporate HK Company, well, simply it is about meeting all relevant requirements.
  •  While talking about requirements to incorporate, concerned authority should approve the name of the company, there should be minimum one director and that can be a person or a company, there should be minimum one and maximum 50 shareholders, director and shareholder could be same.
  • There is no capital gains tax and withholding tax on dividends but only corporate tax one has to pay.
  • Next and most important the company must have a secretary and when the company is having only one director or shareholder, the person or company is forbidden to perform the role of company secretary.
  • The company secretary has to be a person residing in Hong Kong or a corporate body like JV Consultants Limited. The secretary would be liable to maintain all the statutory books and company records.
  •  The Set Up Company In Hong Kong is needed to make all the information regarding company public and so it is mandatory to file information and data to Hong Kong Company Registrar.
  • The company is needed to file accounts details to Companies Registry and here JV Consultants Limited plays a vital part.
  • They make sure accounts are prepared flawlessly also all the registration process is completed on time.

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