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Hong Kong Company Registration: Why Set Up A Business in HK

Updated:2018-3-28 17:05:00    Source:www.tannet-group.comViews:183

Hong Kong company registration also refers to Hong Kong business setup, Hong Kong corporate formation. Hong Kong is one of the world most established and reliable financial centres. The economy in Hong Kong is considered to be one of the freest in the world (as measured by the Index of Economic Freedom) therefore it is an excellent jurisdiction in which to incorporate a company. Below are the main advantages of investing in Hong Kong.

1. Government support for companies
Hong Kong offers generous support to help companies set up and expand. There are various programs designed to help overseas and local SMEs set up in Hong Kong. These include: Incubator programs; Loan guarantees; Funds for marketing.

2. Strategically located for business in Asia
Hong Kong is ideally located for growing companies that want to do business with Mainland China and Asia. It enjoys peerless transport connections. Hong Kong is strategically located at the heart of Asia, alongside many of the region’s most exciting business markets. Easy and efficient regional travel is key to Hong Kong’s success as a regional centre.

3. Low and simple tax regime
Hong Kong has a simple, predictable and low tax system. The city only imposes three direct taxes, and filing taxes is straightforward. According to the 2016 Paying Taxes’ study of 189 economies, Hong Kong has one of the most tax-friendly economies in the world. Why? The city only imposes three direct taxes and has generous allowances and deductions which reduce your taxable amount.The ease of submitting tax returns is another attractive part of Hong Kong’s business environment.

4. World-class business infrastructure
Hong Kong’s efficient travel, logistics and telecommunications infrastructure makes international business easy. High quality infrastructure is essential to the efficient operations of any business. Hong Kong offers one of the most advanced business infrastructures in the world.

5. International, transparent and efficient
Hong Kong is one of the world’s most business-friendly cities. Free market policies, the rule of law and free flow of information mean a level playing field for all companies. Hong Kong, Asia’s most popular city for international business, is a city that works. Its enduring appeal is built on political stability, the rule of law, free market principles, free flow of information, and English as the language of business. All businesses in Hong Kong benefit from: One of the world’s most open, and corruption-free economies; Independent judiciary and the rule of law; Free flow of information.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, 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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