E-registration is Completely Legal for HK Company Registration

The tax that you have to pay is pretty straight forward too. You will only have to shell out 16.5% of your profits that you generate in Hong Kong. Well, this is applicable only, if you apply and obtain an offshore status.

Registering for a company in HK is permissible for a business owner planning to set up a limited company even when he has no plans of residing in the country. There are several agencies that will be only too happy to provide you with a genuine office address and a representative who will act as your secretary. This arrangement is extremely cost effective and you will be able to run your business from afar without having to travel to Hong Kong even once.

All communications can take place via e-mails and telephone and a e-registration is completely legal once your documents are in order. Do feel free to check out the do’s and don’ts below once you make up your mind to go for a HK company registration.

• Select a trustworthy agency that can act on your behalf and pay its fee upfront.
• Choose the name of your company and instruct your representative to check whether the name is         available.
• Do have a copy of your passport ready along with a proof of residence as well as the filled in
questionnaire that contains the rest of the information including the name of your directors and share holders. You need to add just your name as both director and principal share holder, if you are the sole owner of the company up for registration in Hong Kong.

That is sufficient for a simple, single owner, limited company in Hong Kong. You just have to wait for about 2 hours once your agency requests for e-registration. You will then receive both the certificates of incorporation as well as the business registration certificate over Skype or via e-mail.

HK company formation a savior to business

The amateurs or the starters need basic proper guidance related to their businesses and new companies. While there a few organizations which help and guide people with their businesses in the initial stage. On the contrary, there are a few individuals who have no knowledge about running a business successfully. For these kinds of individuals or for HK company formation, an organization named Hong Kong company formation has several facilities to offer proper guidance when it comes to new business establishment.

This popular organization takes care of each and every aspect of a startup business. Not only this, the organization also helps individual start their business in partnerships or with group.

The overall culture of the Hong Kong people is highly competitive and business-oriented. And such a culture paves the way for successful business establishment without any hassle

Startup of Online Business In Hong Kong

It is equally important to build your online company with a future outlook in mind. It has been observed that the instinct of many startups when they enter into online business is to get it up and running as fast as possible in order to drive maximum traffic and sales. However, as it is rightly said, haste makes waste. While building an online business, you must think in terms of the future of the business. A few factors like who are your target audience, how many visitors are expected and how often the content of the website needs upgradation are something important to determine in the initial stage.

This is especially required for eCommerce businesses as the website traffic are most likely to stay at the peak during the holiday seasons. Most importantly, online Hong Kong company formation should implement an effective IT solution to efficiently manage the site in order to ensure that the website stays up and running despite the traffic variations.

Establish online company in Hong Kong

Your online business is the face of your brand-

If a customer’s first experience with your website is poor, there’s no guarantee that they will come back. Therefore, as a startup when you are entering into the Hong Kong market, it is essential that your site is optimized, and always providing high performance. Only this can ensure a seamless experience for your visitors from the very first day.

Hong Kong, the right place to establish online company-

With a straightforward tax system, the ease of obtaining bank credit and having the world’s second best infrastructure, online Hong Kong company formation is often the top choice for many entrepreneurs. With the international trading companies and banks based here, the country provides excellent financial facilities to people looking forward to establish their online business. Setting up online company in Hong Kong is an excellent way to house an organization’s global corporate profits while reducing taxes. Hong Kong is a cheaper and safer location to get started with your online business.

Hong Kong is often the Chosen Place to Set Up Online Companies

Online Hong Kong company formation

Hong Kong’s business environment is thriving. It is one of the major financial centers in the world. And when it comes to online Hong Kong company formation, the country gives you all the facilities to research and understand what you need before you start building your online company.

Determine the groundwork of the website  

One of the first steps while setting online Hong Kong company formation is to determine the purpose of online business. While this may seem elementary, however, many fail to understand this. But this is crucial for laying the groundwork of your online business. This helps in understanding what solutions and services are most critical for you to invest in your business. For instance, if your online business is related to brand awareness and research, then your biggest investment should be in search engine optimization that helps to boost the visibility of your website. On the other hand, if it is an eCommerce business, the investment should be primarily made on the security and user interface to ensure that the customer experience is quick, hassle-free and secured.

Hong Kong Tax System and Infrastructure for Business Benefit

Hk company registration:-

Hong Kong is the most liberal economy in the world. Therefore, opening a company and HK company registration is simple and fast. Being a smaller counterpart of mainland China, Hong Kong offers several advantages for potential entrepreneurs and businessmen who are interested for a startup business in this Asian country. Hong Kong lends the perfect business environment to help companies flourish in the long run. Not only it allows people who are originally from Hong Kong to set up their business but also provides enough opportunity for the ones who are from abroad and have come here to work and settle.

The tax system of Hong Kong:-

You can run your business from any country in the world. The straightforward tax system of this country is second to none. For HK company registration, a company is considered to be tax resident if its management is exercised in Hong Kong. And these companies are taxed on a territorial basis. This means the companies are taxed only for the income accrued and generated from Hong Kong. The tax system does not include foreign income.

Perfect Environment For Hong Kong Company Formation

When it comes to the business scene in Asia, Hong Kong certainly leads the race with its state of the infrastructure and superior work ethics. The booming economy, business friendly political system and an expanding capital market are some of the other reasons why many business companies from other parts of the world are choosing to set up offshore companies in Hong Kong. It not only allows them to have greater control over the Asian market but also improve their financial returns for the future.

So if you are looking to set up and register an offshore company in Hong Kong, then this is the best time to do so. The excellent economic conditions as well as easier taxing laws give rise to a perfect environment for Hong Kong company formation. Stephen M.S. Lai and Co. CPA is a well known business consultancy firm offering reliable guidance on all aspects associated with offshore company formation and registration.