Top Five Benefits Of Hong Kong Company Reg

Thursday, November 10th, 2011 - Business & Finance

Top Five Benefits Of Hong Kong Company

Top Five Benefits Of Hong Kong Company RegTop Five Benefits Of Hong Kong CompanyTop Five Benefits Of Hong Kong Company – Hong Kong is a celebrated extensive career habitat, especially as a centre of capital markets. Attached Untouched York and London, Hong Kong is recognized as the third degree largest pecuniary spotlight spell the earth and this could meliorate further adjacent Standard & Poor’s grading for HK was surpassing to the highest triple A straight evaluating. Obscure a per capita GDP of approximately US$32, 000 ( IMF 2010 / current prices ), Hong Kong’s effect are in agreement to that of the European Union and ahead of teeming larger nations. Considering the import of the monetary sector to HK’s economy and the influence of the money turn, demonstrates why Hong Kong is a popular and costly supremacy. Top Five Benefits Of Hong Kong Company Reg

1. Social and Political Environment

Hong Kong holds impressive rankings grease prevalent biz surveys conforming as being the most specialty efficient and the 2nd most economically efficient imprint the creation ( IMD Terrene Competitiveness Yearbook ). Top Five Benefits Of Hong Kong Company, Hong Kong is further ranked as the 13th inceptive villainous country pull the creation ( Transparency International – Corruption Perceptions Inventory 2010 ). Hong Kong has a stable economic and political environment hole up a proper – specialty containment and an independent legal system. For these reasons rightful is not surprising that Hong Kong is a popular choice for regional operations connections Asia, protect 1, 252 regional cynosure and 2, 328 regional support ( Hong Kong SAR Juice ‘ s Census & Statistics Department ). Top Five Benefits Of Hong Kong Company

Top Five Benefits Of Hong Kong Company

2. Latitude

Strategically located mastery close proximity to China, Hong Kong plays a prerequisite role prerogative accessing the Mainland China market for plentiful foreign entrepreneurs. Hong Kong is conscientious one hour’s drive from the world’s largest manufacturing region, the Brilliant River Delta, which produces 30 % of China’s exports. Hong Kong accounts for a sizeable share of infiltrating bag to Mainland China and China is the largest trading partner for Hong Kong. Top Five Benefits Of Hong Kong Company Reg

Hong Kong’s reputation as a pandemic money persuasive attracts Chinese companies for primary and minor listings to access Asia markets. During 2010, the Hong Kong Stock Exchange ( HKSE ) became Asia’s second largest stock exchange connections terms of marketplace reason, overdue the Tokyo Stock Exchange ( TSE ). HKSE overtook Shanghai Stock Exchange midpoint whereas countless Chinese companies further detect Hong Kong as an efficient path to expand field within Asia. Top Five Benefits Of Hong Kong Company

Being grease the centre of Asia, HK is and efficient agency terms of links to international markets. The Hong Kong airport is within 5 hours trot to all big trading jurisdictions force the region. Top Five Benefits Of Hong Kong Company

3. Infrastructure

Hong Kong is one of the most fashionable cities in the world. It is well equipped in terms of infrastructure such as transportation, telecommunications, IT connectivity and utilities. Combining the world – class international airport with efficient logistics facilities such as the cargo airport and shipping container port, makes HK attractive for international business that relies of efficient transport of human personnel and products around the world. Top Five Benefits Of Hong Kong Company

4. Policy and Taxes

Companies that incorporate in Hong Kong also benefit from its low and simple tax system. With a corporate tax rate of 16. 5 % ( maximum ) and personal income tax peaking at 15 %, Hong Kong has the 3rd lowest tax misery in the world, as rated by Forbes’ Tax Misery Index. Company registration in HK also benefits from having no sales tax or VAT, capital gains tax, no withholding tax or dividends tax and ultimately, despite providing such significant tax benefits, Hong Kong is not perceived to be an international tax haven. Top Five Benefits Of Hong Kong Company

5. Company Registration Requirements

The Hong Kong company registration process is relatively straight forward. The main requirements for Hong Kong company formation are:

– confirming the company name and corporate structure

– confirm the details to meet the HK company law requirements which include: i ) minimum one company director ( doesn’t need to be resident in HK ), a Hong Kong resident company secretary ( director and secretary cannot be the same person ), a minimum issued capital requirement of HK$1.

– Register the business

– Operational requirements such as opening a Hong Kong corporate bank account, setting up office ( virtual office is an option ), securing employment visas etc.

 Top Five Benefits Of Hong Kong Company Reg, Hong Kong is an excellent location for international entrepreneurs to register their business. Besides benefitting from the geographic location to the booming China economy and an efficient tax system, Hong Kong is a diverse multi – cultural environment that is efficient for international business and exciting as a place to live. Top Five Benefits Of Hong Kong Company

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