Hong Kong is one of the world’s reliable and efficient financial centers. Besides Chinese the second official language spoken is English, making Hong Kong a very attractive jurisdiction particularly for international entrepreneurs. The advantages are sound legal system and efficient and favorable tax system. Hong Kong is ranked the freest economy in the world. You should express special interested for Hong Kong company if you are present or looking to break into the Chinese market.
- Tax benefits: Territorial basis of taxation, certain company structures are not subject to tax.
- Less risks: One of the world’s reliable and efficient financial centers.
- Banking facilities: Strongest banking corporations are present in Hong Kong.
- Fast and easy procedures: Incorporation of a company is very easy and straightforward procedure. Physical presence in Hong Kong is not required for company incorporation.
- Benefits: If a Hong Kong company’s business activities take place entirely outside of Hong Kong it qualifies for an Profits Tax Exemption granted by the Hong Kong tax authority which results in the company’s profits being tax-free in Hong Kong.
