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Form your Hong Kong company with Tai-Pan

We will guide you through the

✓ incorporation process
✓ neobank/e-wallet account opening

and ensure you have a fully functioning Hong Kong company.

✓ 8.25% profits tax up to HK$ 2 million. 
✓ Quick to incorporate.
✓ Business friendly.

Did you know that by forming a Hong Kong company you can bring your tax rate to ZERO?

Contact us for consultation

✓ Online formation.
✓ Includes advice on suitable e-wallets. 
✓ No personal visit required

Form a Hong Kong company

COMPANY FORMATION Why choose Hong Kong to set up a business?

Hong Kong is suitable for all forms of trading business from online tutorials, affiliate marketeer, software developers, consulting services, plus, of course, straightforward trading.

 

The two most common reasons why we recommend Hong Kong are: territorial taxation & ease of doing business.

ZERO TAX

Hong Kong offers tax rates as low as zero.  Taxes are ONLY payable on Hong Kong-source income at a maximum tax rate of 16.5%.

 

Income earned OUTSIDE Hong Kong is completely free of tax.

 

There is also no capital gains tax, no withholding tax, no sales taxes, no VAT, no annual net worth taxes, and no accumulated earnings taxes on companies that retain earnings rather than distribute them.

EASY TO SET UP

We have formed many Hong Kong companies, and we can honestly say that the formation process is straightforward and fast, without restrictions for foreign ownership.

 

Your company will be ready in a few days.

Hong Kong also has a very good infrastructure in terms of professional services, e.g. lawyers, accountants. There are also very few restrictions covering what a Hong Kong company can do.

Form your Hong Kong company today

Why is Hong Kong a successful business centre?

Hong Kong is a sucessful business centre because it is easy to establish a company. It places no restrictions on a nationality of directors or shareholders and no visit is required to Hong Kong to establish your company.

5 Best Uses for a Hong Kong Company

  • General trading - e.g. buying from Malaysia selling to Canada = 0 tax
  • e-commerce business - Hong Kong has fast & efficient communications
  • Coaching/mentoring services & other freelancers - work from anywhere
  • Software development - Hong Kong has a wealth of skilled professionals
  • Affiliate marketeers - tax free income for non-HK links

Local director not required

 

 

Minimum formalities to
set up the company

0 to 16.5%
tax rate

No visit required
to Hong Kong


Incorporate your Hong Kong company, open a bank account & start doing business today.

We provide a true one-stop solution which means that once your business is set up, we will be there to help and assist you with any admin and related issues. 

How quickly can we set up your Hong Kong Company?

The formation of Hong Kong company is straightforward and fast. Generally, once we receive your instructions together with necessary documents formation can be completed within 2-3 business days. Following incorporation, we will obtain the necessary Business Registration Certificate and set up any additional services you may require e.g. virtual office, etc.

Where to open bank account or an e-Wallet account for your Hong Kong company?

Conventional banking is time consuming and requires at least one personal visit to Hong Kong.


E-Wallet by comparison can be set up remotely and generally very quickly.
Of course, it is not a requirement to open a bank account in Hong Kong and we can assist with remote account opening in other countries.

How to get paid by credit card?

If you need to be paid by credit cards we can assist you with obtaining merchant services either by using:-
“Shopping cart” – traditional method for companies selling their goods/services on internet or Pay by link – where you can send your invoice to your client together with a link leading to a credit card payment page.

To get started Hong Kong Limited company opening steps & requirements

Choose a name for the company

Incorporating a Limited company in Hong Kong is a simple process.

The first thing you will need to do is choose the company name  you’d like. We will check with the Company Registry to ensure that the proposed company name is not already in use by another company in Hong Kong.

Check the company name guidelines.

Decide on the company structure

A Hong Kong company needs to have at least one director & one shareholder, these do not need to be local. However, the company secretary does need to be local and our formation fee includes this service.

 

We also offer tailored advice on company structure, should you need one.

We will form your company

Once you decided on the company structure, we will prepare and submit an electronic application to Hong Kong Companies Registry. Your company Certificates will be issued in electronic form and sent to you by email within a few days.

 

In order to form a company in Hong Kong you will also need to provide:

– passport copy, certified.

– residential address proof.

✓ Online formation.
✓ Includes advice on suitable e-wallets. 
✓ No personal visit required

Form your Hong Kong company + e-Wallet (Neobank) account
Explanatory notes

Explanatory notes

Business support services

We provide a true one-stop solution which means that once your business is set up, we will be there to help and assist you with any admin and related issues. 

Accounting & Book-keeping

Hong Kong companies are required to keep full accounting records, we can offer a bookkeeping / accounting service to those requiring it. We can also offer a FREE online book-keeping package which can be integrated with invoicing services and your company bank account(s) to help you maintain accounting records with minimum effort.

Company Administration

Whilst we offer registered office services to all companies registered through us you may also add to this a telephone answering service (with calls either messages taken or calls diverted). For those establishing an e-Wallet account we would also recommend obtaining Hong Kong SIM card, which we can offer at modest cost.

Virtual Office Mailing address

If you need to be paid by credit cards we can assist you with obtaining merchant services either by using:-
“Shopping cart” – traditional method for companies selling their goods/services on internet or Pay by link – where you can send your invoice to your client together with a link leading to a credit card payment page.

Form your Hong Kong company today
Coffeehouse Articles Blog
Knowlegebase
Hong Kong

Short history What is Hong Kong & where is it located

  • Hong Kong is located in the South China Sea 100 miles (160km) south-east of Canton. It’s name, from Cantonese, means fragrant harbour.
  • A British colony between 1842 and 1997, Hong Kong became a Special Administrative Region (HKSAR) of China on 1st July 1997.
  • Hong Kong is administratively separate from the Chinese tax & company system, and is an excellent business hub.
Hk Statistics

taxation Hong Kong Tax System

Under the guiding principle of “one country, two systems” established before the handover, the Chinese Government agreed that Hong Kong’s capitalist system would remain unchanged until 2047. Within this, the legal system remains English Common Law.

 

There are three types of tax that affect companies in Hong Kong:

  1. profit tax
  2. salaries tax 
  3. property tax

Your Hong Kong Company will only be affected by Profit Tax (providing you don’t purchase property or employ staff in Hong Kong).

Income from outside Hong Kong is generally NOT taxable. This means that Hong Kong is TAX FREE for international trading. For example, if you are buying manufactured goods in Malaysia and selling them to Canada, your Hong Kong company will not be subject to any tax in Hong Kong.

However, for business carried out in Hong Kong, corporate tax is at the rate of 8.25% for profits up to HK$ 2 million (c. US$ 250K), rising to a maximum tax rate of 16.5 % tax rate.

 

Hong Kong company does need to prepare accounts.

BRIEF FAQs

How many directors are required to set up a Hong Kong company?

Your company must have at least one director.
The director does not need to be a resident of Hong Kong.
Director can be either an individual or a company BUT
Should a Corporate Director be required, please note that you must also have at least one other director who is a natural person.

How many shareholders are required to set up a Hong Kong company?

A Hong Kong company must have at least one shareholder.
The Director and Shareholder can be the same person or corporation.
A Shareholder does not need to be a resident of Hong Kong.

Does Hong Kong company require to have a secretary?

Every Hong Kong company must have a local company Secretary.

The Company Secretary must be either an individual resident in Hong Kong or another Hong Kong Limited company.

When forming a Hong Kong company with us, our fees include appointment of a corporate secretary.

Does Hong Kong company require to have a secretary?

Company secretary prepares documents necessary for forming your company, the AGM and filing of your company’s annual Tax Return.

When forming a Hong Kong company with Tai-Pan, we will act as your company secretary.

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