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Main advantages:
  • Hong Kong companies are not perceived as offshore in the international context of taxation;
  • the financial center of Asia and the world;
  • developed business infrastructure, corporate law, reliable bank system;
  • different legal forms of companies;
  • simple and quick registration of companies (2 weeks);

 

Requirements for company’s registration:

  • minimum authorized capital - 1 Hong Kong dollar;
  • at least one founder (resident / nonresident);
  • at least one director (resident / nonresident);
  • a registered office in Hong Kong;
  • the presence of a company secretary (resident);
  • conducting of boards of directors is  not necessary.

 

Favorable tax policy:
  • there is a principle of territorial taxation (the tax on income is collected, if the income is obtained from Hong Kong);
  • low tax rates;
  • the income tax rate is 17, 5%;
  • no capital increase tax;
  • no VAT;
  • privileges of taxes levied abroad (under certain conditions);
  • there is no tax on income from dividends or interest;
  • no tax  on property;
  • no currency control;
  • Hong Kong Stock Exchange is the most active in Asia;
  • there is a system of agreements for avoidance of double taxation (with more than 40 countries, including China).

 

The most attractive areas of activity:
  • intellectual property, trademarks, patents;
  • machines and equipment, shipbuilding , electronics;
  • biotechnology;
  • light Industry;
  • financial sector.

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