Open a company in Hong Kong
To open a company in Hong Kong means to gain access to the huge Asian market, and due to its strategic geographical location and developing infrastructure, it provides opportunities for expansion and financial growth. Hong Kong acts as a so-called transit point between China and other Asian countries.
The jurisdiction has a free market economy without administrative barriers to external capital, with minimal government interference in business. In addition, Hong Kong has a well-developed banking network and well-established international logistics routes. This makes it easier to raise capital, as well as organize supplies and trade. Due to these factors, registering a company in Hong Kong is an opportunity to scale the business, work with partners from different countries and serve a wide consumer segment.
Opening a company in Hong Kong: advantages of the tax and legal system
One of the key factors that attracts entrepreneurs is favorable fiscal conditions and flexibility of corporate law. For profits up to HK$ 2 million, the rate is 8.25%, for the remaining portion — 16.5%. Income coming from outside Hong Kong is not taxed.
Foreigners can own a company 100%, and directors and shareholders can be citizens of any country. The legal system is based on Common Law, which ensures reliable protection of contracts, intellectual property and facilitates dispute resolution.
Free trade, no taxes on exports/imports, minimal restrictions on ownership and operations — this simplifies logistics and pricing, especially if you plan to work with Asian and global markets. As a result, registering a company in Hong Kong is a full—fledged tool that allows you to quickly start cross-border activities with minimal bureaucratic obstacles.
How to open a company in Hong Kong
Business registration process in Hong Kong:
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Choosing the appropriate form of the company and applying for the reservation of its name.
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Collecting documents, processing them in accordance with the established procedure and submitting them to the registration authority.
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Payment of the prescribed fees and receipt of the registration certificate.
First of all, it is necessary to choose the right organizational and legal form in Hong Kong. Usually, foreign entrepreneurs choose Limited Companies — companies (private or public) with limited liability. You must also reserve a unique company name. The name availability is checked through the official Companies Registry services. In