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Overseas Company Formation is currently one of the leading service providers which help you to register your company in Hong Kong. Call us now at 91-73035-32221
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OVERSEAS COMPANY FORMATION HONG KONG COMPANY FORMATION & REGISTRATION
INTRODUCTION Hong Kong is a very viable option for business investment in Asia. It is business friendly and dynamic with various business and growth opportunities. There is no unnecessary governmental interference, bureaucracy or red-tape. The tax rates are low and favors foreign investors. Income from foreign source is non-taxable and there are absence of foreign exchange controls. Political and economic stability are also compelling reasons to choose Hong Kong as a destination for business expansion. It may not be a tax haven but it certainly is a low tax jurisdiction; making it ideally suited for foreign business investors.
Types of companies for foreigners There are 3 types of companies that foreigners can open in Hong Kong: Subsidiary This is the most common type of company. Enjoys separate legal status than its parent company. Owners enjoy Hong Kong Tax benefits. Branch Office They are part of the foreign parent company. They do not enjoy separate legal status. Foreign company is liable for the losses and liabilities of the Branch Office. Representative Office Useful for companies that want to explore the Hong Kong market. Businesses can’t engage in profit-making. They can only do marketing & promotional activities.
Hong Kong company registration requirements A copy of the Articles of Association An incorporation form that includes the following: Company Name Registered Address Description of business activities Directors, Shareholders and Company Secretary particulars. (At least 1 shareholder, 1 director and a local resident Company Secretary are required) Liability of members Share capital particulars & number of shares taken up by subscribers Passport copy & Overseas residential address proof. Certificate of foreign Incorporation & Articles of Association
Procedure of incorporation The incorporation process is less cumbersome and efficient. An application for incorporation will usually be accompanied by an application for business registration. The application may be sent electronically through email or mobile or through post. Foreign investors need to submit an incorporation form, a copy of the company’s articles of association and a notice to business registration office. Thereafter, the registration and incorporation fees are paid. The timeline to complete the registration process is usually 5 days. However, the prescribed time is 4 to 7 days.
Why choose OCF? OCF(Overseas Company Formation) has a dedicated group of focused and skilled professionals like Company Secretaries, Attorneys, In-house legal team, Professional Accountants , Financial Experts and other set of exceptionally talented team members. Under one shell, different services and advisories available to the customers. A track record of expertise in Company registration and incorporation in India and overseas. We have already helped our clients with Company Registration in Hong Kong, China, Japan, Dubai & Singapore Our company registration services really help the clients in establishing their business base very smoothly and quickly both in India and abroad. We aim at not only understanding our client requirements but also ensuring that they are met in an efficient and timely manner.