WHY YOU SHOULD SET UP YOUR

COMPANY IN HONG KONG

HEALY HEALY CONSULTANTSCONSULTANTS

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Politics & Economics

Strategic Location

Taxes

Easy Company Setup

Easy Virtual Office Setup

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Hong Kong is a

Special Administration Region

belonging to China, putting Hong

Kong companies at an advantage

when tapping into the huge

Chinese consumer market.

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TAX TREATIES

Hong Kong Tax levels

Average Tax levels in Asia-Pacific (2011)*

Corporate Tax- Capped at 16.5%

Corporate Tax- 36.9%

* Obtained from Paying Taxes 2011, World Bank Report

TAX ADVANTAGES

Hong Kong holds double tax treaties with approximately 34 countries, which helps minimise any withholding tax on fund transfers between countries.

Directors:• Minimum of 1; No maximum;• Any Nationality;• No Resident Directors required.

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Shareholders:• Minimum of 1; Maximum of 50;• Can be either natural persons or companies;• Any Nationality;• No Resident Shareholder required;• Permitted to have 100% local/ foreign holding of shares.

Simple requirements for setting up a Hong Kong company:

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Company Secretary:• Compulsory to engage;• No professional qualifications required;

Share Capital:• Any amount to be added into corporate bank account.

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Note: It is not necessary to set up a physical office in Hong Kong.

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Most Hong Kong companies can

be registered within a month,

Hiring a professional firm can take the pressure off

you and help to avoid issues such as missing

deadlines which can double the time it takes to

incorporate.

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2011 Global Cost of Living Ranking – Hong Kong ranks 8th

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A corporate bank account is an important

component of setting up a Hong Kong

company.

Using a reliable bank, such as HSBC,

Citibank & Standard Chartered, with global

locations and world class facilities is

recommended to maximise the efficiency of

business operations.

Approval time varies case-by-case.

However, clients who meet all basic

requirements and possess all due diligence

can be processed quickly, with the account

up & running in 10 days.

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More information and support for incorporating a company in Hong Kong

can be found by visiting Healy Consultants business website, or by

emailing us at email@healyconsultants.com

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