Hong Kong Company Formation HSBC website login. Call: 86400 6017 175
Hong Kong Company Formation | Offshore Company Formation
Share |

Information of Hong Kong

Home > Information of Hong Kong

Information of Hong Kong

  • Being both the gateway to South China and the sea-routes nexus of Asia and the world, Hong Kong enjoys unique geographic position advantages. As an international finance and business centre, Hong Kong has been elected as the freest trade district successively for ten years, by Forbes. Against the backdrop of economic globalization, Hong Kong has become the springboard for Chinese investors to the outside world and vice versa.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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.
  • Information of Hong Kong - 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. QIDA can provide registered address and Corporate Secretarial services.
  • D) The standard capital requirement is 10,000 Hong Kong dollars.

Hong Kong Company Formation,offshore company formation - To ask us a question.