The Hong Kong Private Limited Company – Corporate and tax particulars

Hong Kong’s extensive tax, trade and legal benefits, have made it a popular business choice for foreign investors who want to set up a local company. As a Special Administrative Region of China, Hong Kong is also the best gateway for doing business in Mainland China. Thanks to its territorial tax system, “offshore profits” derived by locally incorporated companies are tax exempted. Incorporating a new company in Hong Kong is done under the Companies Ordinance, and the most common type is a private company limited by shares. Formalities for company incorporation are kept to a...