Hong Kong Company Formations

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Hong Kong Company Formation

Hong Kong is one of the Unique Administrative Regions of China. Before its handover to China on 1 July 1997, Hong Kong was a British colony for over 100 years. Inside the principle of "one nation, two systems", Hong Kong contains another political system from China and contains independent judiciary systems which have a high degree of autonomy.

As one of the world's leading Global Financial Centres, Hong Kong contains a major capitalist service economy characterised by low tax rates, easy taxation system, free trade, free marketplace, no capital gain tax, no value added tax, tax-free opportunities for business registration. Conducting organization past Hong Kong, no exchange controls and a really great banking system. In such a company environment, many foreigners and common global businesses would choose Hong Kong as their regional office to appreciate the tax advantages and great bank services. Without exchange or capital command, funds are freely allowed in and out of the territory really well.

Granted the close geographical proximity towards the vast and fast increasing China marketplace, you will find opportunities for Hong Kong as one of the world's major trading and financial centres. Thus, registration as a Hong Kong-based business offers many benefits.

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