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Hong Kong Corporate Formation

Updated:2018-5-24 10:21:43    Source:www.tannet-group.comViews:512

Hong Kong corporate formation is also called Hong Kong company registration, Hong Kong company set up, Hong Kong business setup, Hong Kong company formation and Hong Kong business registration etc.

Hong Kong is an international metropolis with abundant information and opportunities. Together with sound infrastructure and complete legal system of its own, it provides an advantaged financial & commercial environment to many entrepreneurs and traders. Therefore, more and more people establish their own companies in Hong Kong with different purposes, which improve not only the image of the company itself, but also the competitive ability in the international market.

Advantages of Hong Kong Corporate Formation
(1) Sound legal system;
(2) Gaining international credit by making use of Hong Kong's reputation;
(3) Without foreign exchange controls, funds can be circulated freely; foreign currencies can be exchanged and transferred as needed, and credit operations can be handled conveniently and quickly;
(4) No limitation on business scope and simple follow-up service;
(5) Simplified taxation system, low taxation rate (only applies to profits tax, the tax rate for the profits of the first HK$2 million is only 8.25%);

Basic Registration Requirements
(1) Company name: Names can be in English or Chinese;
(2) Directors: Minimum of one Director. Unlimited number of directors are allowed. There is no nationality restriction;
(3) Shareholders – minimum of 1 and maximum of 50 shareholders;
(4) Company Secretary – Must be a person resident in Hong Kong;
(5) Registered Address – Must have a local Hong Kong address as the registered address of the company. Post office address is not allowed.

Company Kit after Incorporation
After the company is setup you will receive this box containing tons of various goodies for you to operate. You need to keep the contents at least, for upkeep your brand new Limited company.

Certificate of Incorporation (CI);
Business Registration Certificate (BRC);
Articles of association (Memorandum & Articles);
Certificate of share ownership (Share Certificate);
Book of decisions of the assemblies (Minute Book);
Two stamps of your company (round and rectangular);
Seal of your company in nice and fancy stainless steel.

Contact Us
If you have further queries, don’t hesitate to contact Tannet anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143512 or 86-755-82143181 or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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