Kenneth Chau & Co.

Incorporation

Hong Kong is the significant international financial, service and shipping center in the world. It is also information highly developed international city with the most free trade port, which is the reason that numerous merchants come to here to register Hong Kong Company to develop the business and improve the company image.

A limited liability company is established by one or more shareholders, it shall be limited to the capital contributions, and the company should take limited responsibility. Shareholders undertake the limited to investment assets of the company if the company losses. As for other personal name assets, it will not be affected.

Unlimited company should undertake unlimited liability for the debts of the company. It means that the proprietors of the unlimited company and partners should contribute all the assets under their personal name property when the company assets are insufficient to settle debts.

According to the Hong Kong Companies Ordinance, all the Limited Company registered in Hong Kong must appoint at least one company secretary. Their responsibilities will involve the following categories: First, submit the annual return and other required forms to the Companies Registry on a regular basis. Second, basing on the company directors/shareholders provide the meeting information to formulate the internal meeting record and resolution. Third, Print company stock to the shareholders. Forth, update record of the company.

  • Simple Legal system
  • Simple tax system
  • Easy to be incorporated
  • Absence of foreign exchange control and fund can be freely transferred
  • Easy to obtain trade finance
  • Easy to get fund raising via the capital market in Hong Kong
  • Low profits tax rate (e.g. 16.5% for 2016/17), no capital gain tax, business tax or value added tax
  • Hong Kong offers easy commercial and geographical access to China business opportunities