Thursday, 12 July 2018

Limited Company Formation: Why Hong Kong Is The Best Place


Everybody will accept without questioning that in terms of opening company, Hong Kong has no parallel. This is one popular destination for the single fact that, the overall infrastructure is so entrepreneur friendly, one of the biggest trading hub with less stressful tax structure and hold one of the most liberal economies. However there are some requirements which you need to follow and meet when you are dreaming to get into Hong Kong company incorporation. Certainly you need to have one director, one shareholder and one secretary. Now the director and shareholder need not to be the resident of Hong Kong but the secretary has to be a resident. There are consulting firms like JV Consultants Limited rendering secretary services suitably. Moreover, the company needs to have specific and registered address in Hong Kong.

To get into the Limited Company Formation there are few factors to understand. Having the company registered with the Companies Registry as according to the rule of Companies Ordinance a company is incorporated. However there are varying types of companies and maximum investors are seen to be taking interest in Private Limited Company while Settingup Business in Hong Kong. There are so many private companies operating in Hong Kong. Wondering who is suitable for opening  up a company in Hong Kong, well, those who think that limiting hiss liability is a good option while running a business, those who think that  corporate vehicle is needed as a separate body to operate and conduct the business. Those who are looking for finances from the bank so as to use the movable assets of the company in terms of security or when he is looking for delegating his authority to few management personnel who would be working on behalf of them only to run the company and do business appropriately, JV Consultants Limited is the one to rely upon.

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