Business setup in Hong Kong
Entrepreneurs looking to establish a strategic presence in East Asia are drawn to Hong Kong because of its advantageous location and business-friendly atmosphere. The city’s favorable economic conditions present a wide array of opportunities for businesses of various sizes. Hong Kong is a valuable asset for anyone looking to start a small, medium, or large business in East Asia.
Benefits of business setup in Hong Kong
Hong Kong offers various appealing advantages that distinguish it from other East Asian countries when it comes to choosing a corporate location. Some of the main benefits include:
Business landscape
Hong Kong's reputation as a global commerce center with a strong financial sector is appealing to companies in finance, trade, and services. Due to its advantageous location, minimal taxes, and open-market economy, Hong Kong offers many benefits for businesses seeking to enter the Asian market.
Taxes
Hong Kong utilizes a territorial tax system, which means that only income generated from within Hong Kong is taxable for corporations. The tax rate is a flat 16.5%, and there is no tax on capital gains. Being a significant financial center, Hong Kong serves as an entryway to the Chinese market.
Banking
The international banking hub in Hong Kong offers a variety of financial services, global connections, and investment opportunities, making it a popular choice for those looking for a major financial hub.
Our business setup solutions
We offer a wide variety of services to help with the establishment of your business in Hong Kong.
Bookkeeping
We provide reliable and transparent accounting services customized to meet your specific needs, spanning from recording daily transactions to preparing financial statements.
Bank account opening
Our team guides you through the criteria and helps you choose a financial institution that aligns with your business objectives.
Taxation and compliance
The tax specialists possess extensive understanding of tax regulations and can offer strategic tax planning and compliance assistance. We guarantee that your company fulfills its tax responsibilities while improving your tax position to reduce liabilities.
Document drafting
We provide extensive assistance to meet your legal needs, ranging from creating legal documents like articles of association and shareholder agreements to registering your corporate address.
Company registration
Our team of professionals assists you in the company registration process in Hong Kong. We take care of all the required paperwork and communicate with the appropriate authorities to ensure a seamless and effective registration. Whether you are starting a new business or expanding an existing one, we offer personalized support to simplify the registration process and establish your company quickly. From selecting the appropriate business structure to acquiring essential licenses and permits, we are dedicated to guiding you through the challenges of company registration effortlessly.
Business license applications
We are fully capable of managing the entire process for you, guaranteeing that all required permits and licenses are obtained promptly and in accordance with local regulations.
Business opportunities in Hong Kong
Hong Kong provides a diverse selection of business prospects in different industries. Some of the key sectors that are successful in the region include:
Finance
Hong Kong is recognized as a major financial hub, housing a strong banking sector, stock exchange, and financial services industry. Its prime location, conducive business environment, and adherence to legal principles make it a magnet for multinational corporations, investors, and financial institutions.
Real estate
Hong Kong has a vibrant real estate market characterized by expensive property prices, luxury projects, and bustling business areas. The limited land supply and high demand for housing in the city make it one of the priciest real estate markets globally.
Shipping
Hong Kong is a prominent center for maritime activities, boasting one of the most active container ports and shipping fleets internationally. Its prime location, well-developed logistics system, and wide range of maritime services contribute significantly to global trade and transportation.
Tourism and travel
Hong Kong is a well-liked place for tourists, famous for its tall buildings, shopping centers, and cultural sites. The tourism sector in the city provides accommodation, leisure, and tours, bringing in millions of tourists every year.
Setting up a new business
Establishing a new business in a foreign market such as Hong Kong can be both thrilling and challenging. Nonetheless, with the appropriate assistance and backing, the process of setting up a new business can be made easier.
We understand the difficulties that can arise when starting a new business, and we are ready to support you throughout the entire process. Whether you have experience as a business owner or are starting your first venture, our team of professionals is committed to offering customized solutions to address your individual requirements.
Establishing a small business
Our dedicated group of experts is available to assist you with various legal and administrative tasks, including compliance, taxation, and company registration. We understand the unique challenges that small businesses face and can provide tailored solutions to help you establish a strong foundation for future growth.
Medium-sized business setup
We offer a range of services including company incorporation, financial management, and tax planning to help you meet local regulations. Our assistance will help you simplify your daily tasks and concentrate on expanding your business, while we handle the administrative tasks.
Large business setup
The skilled team offers comprehensive assistance, starting from setting up the company and registering a legal address to planning taxes strategically and dealing with corporate banking. We recognize the specific requirements of big businesses and can provide customized solutions to help you enter and expand in the market.
Contact us
We provide you with the necessary assistance and guidance to effectively overcome the obstacles of initiating and growing your business in Hong Kong through our comprehensive services in corporate formation. Contact us today to schedule a meeting and learn more about how we can assist you in achieving your business goals.
Ready for the next step
Accelerate your business growth while we take care of everything else.