Making entry into Hong Kong simpler for foreign businesses by assisting in company registration, providing corporate secretarial services, and tax filings and compliance.

Frequently Asked Questions

Why should I set up a company in Hong Kong?

Setting up a company in Hong Kong can be a great way to take advantage of the tax efficiency of the region. Hong Kong has a flat profits tax rate of 16.5%, as well as a concessionary rate of 8.25% on the first HK$2 million (~US$250,000) of business income. This makes it a great destination for holding companies and for generating revenue from overseas operations. Moreover, Hong Kong is highly ranked in terms of business freedom, with a free and open market, minimal governmental interference, few trade barriers, and no foreign exchange restrictions.

Is it possible for a non-Hong Kong resident to serve as both a director and shareholder in a Hong Kong company?

Yes, a foreigner can be both a director and shareholder of a business in Hong Kong. There is no nationality restriction on the appointment of directors or shareholders in Hong Kong companies.

How long does it take to incorporate a company in Hong Kong?

Usually, it takes us a few hours. However, the efficient completion of the company registration process, from our experience, can be achieved with a thorough and prompt submission of all required documentation. The time frame for the process may vary based on the promptness of the applicant in supplying all relevant information, as well as the business hours of the relevant governmental entities.

Which department is responsible for taxes in Hong Kong?

The Inland Revenue Department (IRD) is the government department responsible for taxes and duties in Hong Kong.

Why do I need a company secretary?

Having a company secretary is a mandatory obligation for all businesses operating in Hong Kong. This responsible individual or corporate body acts as the steward of your company’s compliance and administrative matters, ensuring that all official records are properly managed and updated in accordance with local regulations and in a timely manner.

Do I need a company address in Hong Kong for company registration?

It is mandatory for all companies registered in Hong Kong to maintain a physical address; it will be reflected in all official documentation. Emerhub can assist and arrange an address for you. Our highly experienced team will manage your incoming correspondence.