ltd company hong kong

Hong Kong companies are being used because of following advantages:

1.) British legal system as background
2.) Very low tax rate (around 16,5% on net profit)
3.) Tax exempt for income not incurred in HK
4.) Beneficiary owner’s identity can be hidden from public company record by using Nominee service
5.) No restriction in fund transfer to and from most part of the world
6.) Close to and with excellent relationship with Mainland China
7.) Being international center of information exchange and transportation hub
8.) Enjoy convenience of international banking system;
9.) Ready made companies are allowed
very low tax rate

 Type of entity: Private Limited
 Shelf company availability: Yes
 Our time to establish a new company: 10 days (+time for the certification)
 Name Details
 Taxes Details
 Double taxation treaty access Details
 Share capital or equivalent
 Standard currency: HK$
 Permitted currencies: Any
 Minimum paid up: 1 HK$
 Usual authorized: 10,000 HK$
 Shareholders and Directors
 Minimum number: One minimumDetails
 Local residency required: No
 Publicly accessible records: Yes
 Nominee service Allowed
 Company Secretary
 Required: Yes (may be a corporate body)
 Local or qualified: Local residency or local incorporated
 Requirement to prepare: Yes
 Audit requirements: Yes
 Requirement to file accounts: Yes
 Publicly accessible accounts: No
 Registered office Yes, must be maintened in Hong Kong
 Restrictions on trading Yes Details
 Language of legislation and Corporate documents Chinese and English
 Change in domicile permitted: No

bank account in hong kong
– Minimum 1 Shareholder and Director is required;
– Directors and Shareholders could be same person
– No nationality restriction for shareholders and directors
– Minimum subscribed share capital is HK$ 1
– Registered address in Hong Kong
– One company secretary and should either be Hong Kong resident or Hong Kong limited company
– Company name should not be same at those already in company register and can be only English or only Chinese name or English plus Chinese name

Corporate shareholder and director is allowed:
1.) Certificate of Incorporation of corporate
2.) Memorandum and Articles of corporate
3.) Minutes of Directors approving taking up shares/directorship in the HK Company and authorization of signatory

Bank account in Hong Kong can open:
– Individual of any nationality
– Hong Kong registered company
– Offshore registered company

Documents and Certificates:
– Certificate of Incorporation (CI)
– Business Registration Certificate
– Copies of shareholders, directors etc registration documents (Original is kept in government for public search.)


 1. Incorporation of the company, taxes and the initial opening fees 10000
 2. Service opening expense 5000
 3. Annual corporate secretary expense (obligatory) 1000
 4. Annual company’s address in Hong Kong expense (obligatory) 1000
 5. Opening of a bank account in Hong Kong 3360
 The amount that should be paid to a new bank account, it stays in the bank and can be used later on as company’s money.*** 5000***
 6. Legal certification of all documents needed for opening a bank account 3115
 7. Courier mail 1000
 TOTAL: 29475
 8. Optional:
 a.) Nominated stock holder / annually 2000
 b.) Nominated director / annually 2000
 c.) Power of Attorney 3000
 d.) Legal certification of all documents 3500
 9. State tax expenses 6600
  a.) Business registration expense (the first year is included in the inc. costs)
 b.) Annual tax return submission
 10. Registered agent’s fee 2000
 a.) Annual corporate secretary expense (obligatory)
 b.) Annual company’s address in Hong Kong fee (obligatory)
 11. Accounting and auditing (for small companies) 7000
 12. Change of name 4000+dhl
 13. Company de-registration 6000

companies registered in Hong Kong
*** Amount of HK$ 5000,- is not an opening expense because the company can freely use this money for its own expenses. It is a deposit paid to a new bank account of the company in Hong Kong. This money is at the client’s free disposal as soon as the account is fully operational.

Companies registered in Hong Kong can be exempt from all taxes only if they don’t have any turnover with other Hong Kong companies.
In order to open a bank account in Hong Kong or China, the client’s presence is necessary.
Also, all beneficial owners/shareholders, holding more than 10% of company shares, are required to visit a HK bank branch and provide certified passport copy and a proof of address.

****Opening procedure lasts approximately 30-45 days.

In order to start with the company opening procedure please provide us with:
1. name of the company (2-3 names of your choice)
2. passport copy (of all directors and shareholders)
3. utility bill for confirmation purpose
4. cash and capital contribution (in percent for each shareholder)
5. payment to the EURO COMMERCE LLC bank account

Company name should not be same as those already in company register and can be:
– Only English name
– Only Chinese name
* For practical reason, we don’t suggest using only Chinese name. English name is useful for daily use, including banking transaction.
– English plus Chinese name
* In daily use, quoting only English name is enough.

A name that is similar to or identical to an existing company. A name that constitutes a criminal offence or is otherwise contrary to the public interest. A name that implies royal or government patronage.
Building society, Chamber of Commerce, co-operative, imperial, Kaifong, mass transit, municipal, royal, savings, tourist association, trust, trustee, underground railway, bank, insurance, assurance, reinsurance, fund management, asset management and investment fund.
Name of the company must end with Limited or Ltd.

Hong Kong adopts a territorial source principle of taxation
Only profits which have a source in Hong Kong are taxable here. Profits sourced elsewhere are not subject to Hong Kong Profits Tax
There are three distinct and separate headings under which tax is levied :
Profits Tax
– Corporations, partnerships, and sole proprietorship who carrying on a trade, professional or business in Hong Kong are subject to profits on profits which are generated from sources within Hong Kong;
– Only profits which arise in Hong Kong, or are derived from Hong Kong, are subject to profits tax;
– Currently, profits tax rate is 16.5%.
Property Tax
– Property tax is levied on the owners of real estate which is situated in Hong Kong.

Shareholders and Directors
The minimum number of directors and shareholders is one, who may be a natural person or a body corporate. They may be the same person or legal entity of any nationality, and need not be resident or incorporated in Hong Kong.
Company Secretary
A Hong Kong company must appoint a company secretary, who may be a natural person or a body corporate, but the company secretary must be resident or incorporated in Hong Kong.

Restrictions on Trading
Cannot undertake banking or insurance activities or solicit funds from or sell its shares to the Public.

Hong Kong has Double Taxation Avoidance Agreements with next countries
Belgium, Denmark, Finland, Germany, Luxembourgh, Netherlands, Norway, Singapore, Sri Lanka, Thailand, United Kingdom of Great Britain and Northern Ireland, United States of America and Vietnam.
China – Corporate and Personal Income Tax.
Belgium,Thailand – dividends, interest and royalties.
Other Countries – for shipping and aviation


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