Hong Kong companies make two income tax payments throughout the tax yr. The primary payment is made of seventy five% of the provisional tax for The existing 12 months as well as a hundred% of the final payment with the preceding yr.
Aspects of shareholders are provided on the community agent and submitted with the public sign up (nominee shareholders can be employed for anonymity needs). Bearer shares aren't allowed.
Annually Just about every company must shell out a business registration fee of approximately USD 350 which is owing from the 15th working day of another thirty day period with the company’s date of incorporation. If payment is not produced within 3-four months, penalties will implement.
Good news is usually that a local or foreigner is suitable. But the person needs to be earlier mentioned 18 several years previous. It is achievable for someone for being the only director and shareholder of a Hong Kong company.
Our deal fees don't involve an evaluation of the account opening software or your supporting documents previous to submission on the bank Whilst this service might be delivered for a further demand. We can't communicate with the bank with your behalf as banks will only liaise With all the company homeowners and administrators. The decision no matter whether to open a bank account for your personal company may be the banks business final decision and can't be affected by ourselves. Whilst We're going to propose banks we believe that will provide banking services for your company we will take no duty or any declare for virtually any reduction really should any bank we introduce delay or decline to open an account.
In accordance with Hong Kong compliance demands, there has to be a minimum of a person director who's a organic human being, and 1 shareholder (anyone or perhaps a human body corporate).
Gives entire use of all facets of the account at branches, online by way of mobile and hong kong company setup price Computer system applications, and ATMs
I’ll break it down piece by piece, in order to realize what each piece is, then follow up with a true daily life example of how I get it done as well as the costs.
Company meetings needn't be held in Hong Kong. A standard Conference may be held at a lot more that one particular area through the use of any technologies.
They stated in order for me to secure a credit card, I necessary to give them a stability deposit of 10,000HKD to acquire a credit history line of 10,000HKD. So no chance for them if I don’t pay back my payments, they might simply just use my security deposit.
 In case the shareholder of The brand new company is really a company yet another charge of USD150 are going to be additional to the first yr deal price to address the critique of the corporate files of your shareholder.
Less than Cap. 32, you will find limitations on how a company can handle share high quality And just how it has to be accounted for. As a result of migration to mandatory no-par, related principles for instance par benefit, share high quality, and necessity for authorised share cash are no longer vital.
Hong Kong is obviously the only option for accomplishing small business inside the Asian marketplace as it enjoys a solid monetary Heart reputation
The deposit is refundable (Internet of any disbursements or fines) within the occasion our services are no more essential.