Hong Kong

Hong Kong

An international financial centre, very well served by local banks and branches of international banks. Hong Kong maintains a very attractive system of taxation including low rates of business tax, no value added tax, no capital gains tax and no withholding tax.

The basic law of Hong Kong guarantees free trade as well as low taxes for a Hong Kong company. One of the most popular jurisdictions for setting up an offshore company owing to its low tax regime, absence of foreign exchange controls, political and economic stability, ease of offshore company setup, etc.

The Hong Kong corporate tax it is considered to be one of the lowest in Asia and also internationally. The 16.5% Tax Rate (for companies performing local business) and in combination with the low personal income tax it helps to attract capital investment.

Joined the Organisation for Economic Cooperation and Development (OECD) white list after complying with OECD guidelines. It is certain that Hong Kong considered to be a very reputable and respected jurisdiction that will add advantages to any international business.

Key Corporate Features


Type of entity: Private Limited
Type of law: Common
Shelf Companies Available: Yes
Time to establish a new company: 10 days
Minimum government fees (excluding taxation): US$450
Corporate taxation: 16.5%
Double taxation treaty access: Other Countries – for shipping and aviation.

Share capital or equivalent

Standard currency: HK$
Permitted currencies: Any
Minimum paid up: HK$1
Usually authorized capital: HK$1,000

Directors or Managers

Minimum number: One Physical
Local required: No
Publicly accessible records: Yes
Location of meetings: Anywhere


Minimum number: One
Publicly accessible records: Yes
Location of meetings: Anywhere

Company Secretary

Required: Yes
Local or qualified: Local


Requirement to prepare: Yes
Audit requirements: Yes
Requirement to file accounts: Yes
Publicly accessible accounts: No


Requirement to file annual return: Yes
Change in domicile permitted: No