One way in which you can guarantee this is by hiring professional firms that are experienced in such activities. First of all, they will get you all the documents that are necessary in order to perform such work. They shall provide you the necessary information as well. They will also get done a lot of other professional formalities related to starting a company incorporation in Hong Kong. The first such work is getting the name of your company approved. This is one process that can take quite some time and is much tougher than you may appreciate. They can also file your incorporation papers with the necessary local authority in Hong Kong.
These companies are also able to assist with lot of other necessary functions such as starting a bank account. They can also get you the business licenses that you need in order to operate in Hong Kong. You can also get your relocation visas done by these companies. They are also capable of guiding and advising you regarding the various compliance and administrative factors that you need to be aware of at the time that you are incorporating an offshore venture in this East Asian city.
Offshore corporations in Hong Kong
Yours can be a company without any owner based in Hong Kong but not even that will stop you from starting a company over here. Apart from the low tax rates there are benefits of Hong Kong’s structure of taxation is quite simple and transparent as well. The rate for corporate taxes is 16.5% at the most and no taxes are levied at income generated outside Hong Kong. Capital gains taxes are not levied over here – the same can be said of estate taxes and value added taxes as well. Withholding taxes are not applicable over here and interest earned on dividends is not charged as well.
