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Offshore structure: Hong Kong company formation

Information provided below will guide you to:

Introduction of Hong Kong Company ("HK")

Hong Kong, officially the Hong Kong Special Administrative Region is one special administrative regions of China. The territory lies on the eastern side of the Pearl River Delta.

Hong Kong was a dependent territory of the United Kingdom from 1842 until July 1, 1997. Under the policy of "one country, two systems", the Central Government is responsible for the territory's defence and foreign affairs, while the Government of Hong Kong is responsible for its own legal system, police force, monetary system, customs policy, immigration policy etc.

Hong Kong remains one of the top twenty trading economies, the world's third largest financial center.

Hong Kong's corporate law is strongly based on the British Legal System, the setting up of a Hong Kong is a str. Local businesses are regulated and Hong Kong regards itself as a low tax centre rather than a tax haven. Taxes are levied on profits which is 16.5% since Financial Year 2008/2009. Under special circumstances, a Hong Kong company may even declare business transactions as offshore which are subject o 0% tax in Hong Kong.

As Hong Kong's role as a major trading and gateway to China mainland and Asia, some companies formed in Hong Kong are for trading purposes generally, while some use it as HQ of it's operations in China mainland.

Doesn't like other China cities, Hong Kong has no restrictions on capital transfer in/out of Hong Kong (No Currency Control)

More information about Hong Kong company formation:

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