Company Formation in Hong Kong

http://www.hkcren.com/ offers company formation services such as Hong Kong offshore company, BVI company, UK Private Limited Company, and so on.

Company Formation in Hong Kong Steps:

Company name searches (it will enquiries in HongKong,JUST 15MIN) ;
Submitted Company Incorporation Form;
Signing of the agreement;
Down Payment (50% PAID BEFORE and Hong Kong Government shall charge 0.1% Stamp Duty) ;
All shareholds signing Procurable are registered documents in complete sets;
Sent all Procurable are registered documents in complete sets, including:
· Certificate of Incorporation: Business Registration Certificate
· 20 copies of the Company's Articles of Association
· The Company's steel seal
· The Company's pre-inked chop
· Stock certificate book
· Copies of documents filed with Government, for example, the Notice of Appointment of the first director, Notice of Acceptance of Director and Notice of Registered Address, etc.

Offshore companies in Hong Kong may bring a number of benefits:

Business Environment
Being the centre of Asia, Hong Kong is also the most internationalized city in Asia. It is always a dynamic metropolis known for its cultural mix of east and west. As the freest economy in the world, Hong Kong has a sound legal system, free flow of capital, a simple and clear tax system, low tax rates and complete infrastructure, in short, providing a business environment of fair competition for investors both home and abroad.
Diplomacy
At present, 58 countries have set up consulates in Hong Kong, and 54 countries have set up designated consulates in Hong Kong, facilitating international trades and citizen travel.
Legal system
The legal system in Hong Kong is based on common law, and is supplemented by the local laws. The legal system of Hong Kong exercises the principle of judicial independence. The law officers are not influenced by the administrative organ of the government or the legislature, when performing their duties.
Tax system
Income tax : the tax rate is 17.5%, one of the lowest around the world.
Duty : All goods are exempt from the duty except for imported cigarettes, wine, hydrocarbon oil and methanol.
Salary tax : the tax rate ranges from 2% to 20%, which is one of the lowest around the world.
Exchange control
There are no exchange controls in Hong Kong, and the foreign exchange market is developed with active trading. In addition, Hong Kong is the sixth largest foreign exchange trading centre, with a state-of-art foreign exchange clearing system.
Financial market
Hong Kong has the second largest stock exchange in Asia. In 2006, it surpassed London and Tokyo and became the second largest fund-raising centre in the world (the largest in Asia). By 2006, there were 975 companies listed on the Main Board and 198 companies on the Growth Enterprise Market (GEM), with a total market value exceeding 12 trillion Hong Kong dollars.
Banking services
Hong Kong is one of the cities with the most bank institutions in the world. Among the top 100 banks around the world, 74 have a presence in Hong Kong. There are 110 bank branches per 100 km2, it's the greatest density in the world.
Transportation
Hong Kong has an extensive transportation network comprising the airport, railways, highways, container terminals, inland terminal depots and trans-boundary transportations. The complete transportation infrastructures closely connect Hong Kong and mainland China to the world, contributing to the development of trade and logistics.
Company Incorporation
Most companies in Hong Kong are limited companies, where the shareholders assume the limited liabilities proportionate to their subscribed equities, and the standard capital requirement is 10,000 Hong Kong dollars.


Requirements for incorporating a limited company in Hong Kong:

A) One shareholder and director above 18 years or more
B) Chinese resident or overseas person holding passport or ID card can incorporate a Hong Kong Limited Company.
C) Additionally, a Hong Kong address must be supplied to be the registered address and a Hong Kong resident or professional company must be act as statutory secretary of the Company. QIDE can provide registered address and Corporate Secretarial services
D) The standard capital requirement is 10,000 Hong Kong dollars