Are you planning to establish a business in Hong Kong? Renowned for its vibrant economy, robust legal framework, and competitive tax regime, Hong Kong stands as a top choice for entrepreneurs worldwide. This guide unpacks everything you need to know from the essential documents and government processes to professional services like those provided by Zytrex to launch your venture with confidence and ease.
Why Hong Kong?
- Strategic Gateway: Hong Kong’s proximity to Mainland China and its global trade infrastructure make it an ideal hub for international operations.
- Favorable Tax Policy: Corporate tax rates start at 8.25% for the first HKD 2 million in profits and rise to 16.5% thereafter. It’s a territorial system—only local income is taxable.
- Simple Incorporation Requirements: A private limited company can be formed with just HKD 1 share capital and requires only one director and one shareholder—no residency requirement for either.
