Registration of the private limited firm in Hong Kong does not involve any kind of capital contribution on subsequent incorporation. In today’s segment, we are going to discuss procedure if you want to setup hong kong company.
For the Company Registration, you need to declare a few amount of your capital since it’s on signing articles of the association without paying any money and assigning its capital. There are not any taxes on the dividend, for the company that is incorporated. Only if profits get derived from Hong Kong region, the flat tax rate of over 16.5% will be applicable.
Advantages of Company Registration
Before getting ahead with the steps required for hong kong company register, it is very important that you understand core benefits.
- Hong Kong, with Singapore, has actually made the name for being a liberal jurisdiction across the globe. With that fact, the business registration is quite simple, quick, cheap, as well as convenient in Hong Kong.
- When filing for the copyrights, trademarks, or patents, Hong Kong will take in consideration prior use of the intellectual property for the business owners. Legal jurisdiction is highly committed for enforcing strict regulations for the registered designs, copyrights, patents, and protection of the Intellectual Property Rights.
- You will run your business incorporated from anywhere across the globe. Using the agency, your business can operate professionally on everyday basis & grow progressively. Well, suppose you get professionals to run your company, it can grow much faster to become a multinational you dream of.
There are not any foreign exchange controls and Hong Kong follows the single tax system. So, by aligning the tax policy with the growth-oriented goals, the Company formation has emerged as the most preferred locations for global entrepreneurs & business enterprises.