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No.855 South Pudong Rd, Shanghai, Shanghai
ADVANTAGES OF HONGKONG COMPANIES
Hong Kong is an ideal place to invest - a free and liberal investment regime, absence of trade barriers; Hong Kong is fully committed to the protection of human rights non-discrimination against overseas investors; Complete freedom of capital movement; Most people honor HONGKONG as a gangway to mainland China for foreign investors and a springboard to the outside world for mainland China’s investors; a deep water harbor; an international corporate base; a small but efficient government ; a perfect legal system; a free trade & free market; a corruption-free & stable society; low & predictable taxes; a sound & free banking system, an independent judiciary; a comprehensive system of legal aid; and a free and active press; and an independent Ombudsman.
FLEXIBLE COMPANY’S NAME
In HONGKONG we are free to make a choice of companies’ names, if not registered before. We can use the words such as INTERNATIONAL, GROUP, HOLDINGS, INDUSTRIAL, INVESTMENT included in the company name. We also can use other country name in the beginning of the compnay name if we like. But you are advised to choose the name of your company carefully. It is very important that you portray the image you want for your new company. You are also required to avoid using any company name which may be too similar to any existing company or trademark. A company name can be in English, in Chinese, or both. The name must end with "Limited".
REGISTERED AND PAID-UP CAPITAL
For a HONGKONG limited company, the minimum registered capital is HKD*0,**0(about USD1,**0). The government will levy 0.1% tax if the registered capital surpass HKD*0,**0. The board of a company has a final say about paid-up capital. You don’t have to pay up your capital.
SHAREHOLDER AND DIRECTOR
One or more than one directors and shareholders is required when establish a HongKong company.The directors and shareholders can be the same one person. The shareholder can be also acted by the natural person or the legal person. If the shareholder is acted by the natural person, the person must be more than *8 years old who has the passport or ID. Before incorporation, you must confirm the list of shareholder, director,chairman of the director and the proportion of their shares.
LEGAL SECRETARY AND OFFICE ADDRESS
The office address of HongKong company must located in HongKong. HongKong government required every HongKong company should have a legal secretary, and the legal secretary must be local person or company. The legal secretary and registered address can be provided by TANNET if needed.
BUSINESS SCOPE
One of the most exciting events covered in the formation of a HONGKONG company is the free business scope. Business scope is not really defined by the government for the businesses you carry on in Hong Kong. If we finish business registration, we can involve in any sectors we want. Generally speaking, business scope is not really limited in HONGKONG.