• Location: East Asia. 
• Total area: 1,104 km²
• Population: 7.405.406 (2020) 
• Capital: NO 
• Currency: Hong Kong dollar (HKD)                                          (https://www.hkma.gov.hk/eng/) 
• Dialing code: +852 
• Official language: Chinese, English 
• Ethnic groups: Chinese 95%, Filipinos 1.6%, Indonesians 1.3%, others 2.1% Literacy rate 94.6% (2019)
• Credit rating: AA- 
• Type of government: Limited democracy                             (https://www.gov.hk)
• Executive branch: Executive Council headed by the Chief Executive of HK.
• Legislative branch: Unicameral Legislative Council (60 members), elected for 4 years
• Judicial branch: Court of Final Appeal, High Court (includes the Court of Appeal and the Court of First Instance), District Court (includes the Family Court), and special courts. Legal system: based on English common law                                          (https://www.judiciary.hk/en/home/index.html)
   

Tax System:

• Personal tax: 2-17% 
• Corporate tax: 16.5% 
• Corporate tax (in detail): The income tax rate in Hong Kong is 16.5%. For income up to 2,000,000 HKD (~ 250,000 USD), the tax rate is 8.25%. The rates for individual entrepreneurs are 15% and 7.5%, respectively. Capital gains tax. NO 
• Vat: No VAT.
• Details: There is no capital gains tax, but if the sale of the property is a business activity of the company, the profit will be subject to income tax. 
• Withholding tax: 0% (dividends) / 0% (interest) / 2.475% - 4.95% (royalties).
• Other taxes: Capital tax, Property tax, Social security contribution. 
• Change control: No 
• Government rate: All companies registered in Hong Kong must pay an annual business registration fee to the Business Registration Office. 
• Stamp duty: Yes
   

Types of Company in Hong Kong:

• Hong Kong non-resident limited company:

Foreigners can register an offshore company in Hong Kong (locally known as a non-resident company) with just one shareholder and one director, both of whom can be foreigners and do not need to reside in Hong Kong. Without a minimum share capital requirement and without the need for government approval. Although corporate shareholders are common, corporate directors are not permitted under the Hong Kong Companies Ordinance

               The creation of a                  company in Hong Kong:

• Obtaining trade name authorization through a formal application to the Commercial Registry. 
•  Submitting necessary incorporation documentation including application form, company bylaws, and identification of shareholders and directors.
• Presenting proof of address and parent company registration documents.
• Incorporation process estimated to take 3 to 7 business days.
•  Submitting statutory documents to the Companies Registry within 14 days, including appointment of directors and secretaries.
• Opening a corporate bank account for financial management.
• Registering with the Department of Revenue within a month for Business Registration Certificate.
• Obtaining all necessary licenses before starting business activities.

What is included in our register company:

•  Incorporation of a company limited in Hong Kong
• Preparing company chops
• 1 year of registered address
• 1 year of company secretarial services
• Government fees
• Access to the Company Portal Management
• Mail scanning services
• Virtual Office (optional, 1 year contract) 
• Insurance Commercial (optional)
• Trademark (optional)
• Virtual receptionist (optional)
• Telephone Local (optional)
• Accounting service (optional, referred to a commercial partner)