Hong Kong Company incorporation service is becoming more popular these days. As a leading provider of Hong Kong business incorporation services, we can provide you with a full range of services at desirable rates and the best value for money and set up a new business in Hong Kong. Most of our corporate clients are delighted by the kind of experience they get from us, whether it’s the help they need to establish a profitable company or the services they receive to manage their business effectively.
When it comes to making business in Hong Kong, most business owners will agree that it’s not easy to form a Hong Kong company incorporation service. It may even seem like an impossible task for first-time entrepreneurs! However, with the help of an expert corporate formation service provider in Hong Kong, the entire incorporation process becomes more straightforward. We have a team of experts who specialize in dealing with all sorts of business-related to business and people.
Many entrepreneurs think that they would be better off starting their own company from scratch when incorporating. However, there are several reasons why starting your own company is not a good idea. The first reason being that the legal system in Hong Kong is quite complex; thus, it’s always better to get the services of a company formation service to simplify the entire procedure. This way, you can use the service provider’s services and save yourself from dealing with too much legal jargon and hassle.
When it comes to Hong Kong company formation, different procedures need to be followed. One of these procedures is the one whereby one shareholder requires company directorships. Here, one shareholder will be given sole control over the company, which means that they can have a say in all its major decisions. One shareholder can also transfer his or her shares and become a shareholder of another company.
Company registration in Hong Kong also requires that certain formalities are fulfilled. For one, the owner of the company needs to open a bank account. He or she then needs to deposit funds in this account before starting a business. It also forms the basic framework of the company formation in Hong Kong – the money transfer. An employee then needs to be hired to serve as a company director and a secretary.
Companies in Hong Kong can also benefit from using low tax schemes provided by the government. Low tax schemes are considered ideal by many business owners because they can attract more investors. Aside from low tax schemes, the government also offers other benefits for making a business entity in Hong Kong. These benefits include the exemption on corporation tax and income tax for high-paid employees and establishing non-domestic trading companies. The government wants to encourage economic development in the country and is eager to help small business owners develop their enterprises.
The paperwork required for company formation in Hong Kong is comparatively easy. Most company registration tasks can be completed within just a few hours at most. Companies can save a lot of time and money when they avail the services of a specialized company formation service provider. These companies offer professional assistance with all the legal jargon and procedures involved in company registration in Hong Kong. Moreover, such firms also ensure that your company is well represented during its roster and various other processes.
You may also want to consider the option of buying a business registration certificate, especially if you are relatively new to the industry or business. Business registration certificates are more applicable to companies with less than five years of experience in the industry. However, if you have a long experience in the industry and already have several shareholders, purchasing a business registration certificate is not bad. It will allow you to quickly transfer your shares from your company name to any other company name without undergoing the tedious company formation process in Hong Kong.