HONG KONG
COMPANY SETUP
Hong Kong can be one of the best low-tax places for global entrepreneurs.
Get Set Up Now!There are many benefits for global entrepreneurs to get set up in Hong Kong
Strategic Location
Low Business Taxes
Affordable
Cost
Entrepreneurial-Friendly Environment
Manageable Compliance Requirements
Not only will we provide you with a business entity and a bank account but we will also make sure you understand your future (tax) obligations with this setup.
Ongoing Costs
$2,500 from the second year.
This includes Registered Corporate Secretary, Annual Return Filings, and Registered Address. This fee is collected every 12 months going forward.
Important
The above Fees do NOT include monthly/yearly accounting and bookkeeping packages. The accounting fees depend on your revenue. Yearly accounting packages start at $500USD for new companies and go up to $1,000USD for companies with revenue up to $100k, $2,000USD for companies with revenue up to $230k USD, and $2,500USD for companies with revenue up to $1M USD.
Corporate Taxes
The normal corporate tax rate in HK is 16.5%. However, a company will be subject to half of that rate rate (ie, 8.25%) on its first $2 million HKD. Companies who make their profits completely from outside of HK can potentially also get a 0% corporate tax rate but this requires a 6-month long application process based on your unique circumstances and can't be guaranteed.
