Incorporation
Registration with the Companies Registry and business registration.
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- HK Ltd
Hong Kong, local time
Hong Kong limited company formation
Two-tier profits tax, a territorial system, no VAT and no tax on dividends. The gateway for founders who trade with Asia and want English common law.
8.25%profits tax on the first HKD 2 million
16.5%on profit above that
0%VAT, dividend tax and capital gains tax
Annualaudit required for every company
Our partners in Hong Kong
Is HK Ltd right for you?
We would rather tell you now than after you have formed it.
Built for you if
- You source from or sell into Asia
- You trade physical goods through Chinese suppliers
- You want an Asian holding with common law
- You invoice in USD or HKD
- You need a payment processor that accepts a higher dispute rate
Probably not, if
- You need a bank account in days
- You want to avoid an annual audit
- Your clients and operations are all in Europe
What we arrange
Everything you need to start trading, set up in the right order.
Six partsOne team.
One team.
One fixed fee.
Handled by one team, from the first filing to the first invoice.
Book a strategy callCompany secretary
The local secretary and registered address every company needs.
Bank account
A Hong Kong bank or licensed fintech, with a file that explains your trade.
Offshore claim
Where profits are earned outside Hong Kong, the claim that they are not taxable there.
Audit and profits tax
Annual audited accounts and the profits tax return.
Holding and substance
Where Hong Kong sits in your group, and what it needs to be credible.
How it holds up at home
Hong Kong taxes little, so your home tax office looks closely. Managed from where you live, it is usually taxed there, and a holding company owning a low-taxed Hong Kong company can fall under CFC rules across the UK and the EU. We build it so the profit belongs where it is made.
Timeline
Indicative. Your plan gives the dates for your situation.
- Structure and documents
- Company incorporated
- Bank account opened
- Audit and profits tax return
Questions about HK Ltd
Not listed? Ask it on your strategy call.
Do I pay tax on profit earned outside Hong Kong?
Hong Kong taxes only profits arising in or derived from Hong Kong. Profits from operations outside Hong Kong can be exempt through an offshore claim, which the Inland Revenue Department reviews.
Is an audit really required?
Yes. Every Hong Kong limited company needs audited financial statements each year, including dormant ones in most cases.
How hard is banking?
Harder than incorporation. Banks want to see your trade, your clients and your suppliers. A well documented file and a realistic fintech option make the difference.
Do I need to visit Hong Kong?
Not for incorporation. Some banks ask for a visit or a video meeting to open an account.
Often combined with
Most structures use more than one country or company.
Know in one call which structure fits you
You speak directly with an advisor. You get an honest answer, including when that answer is to stay where you are.
- Free, with no obligation
- Pick a time that suits you, straight in the calendar
- A written structure plan with a fixed fee
Your first call
Quint van Rijswijck
Manager Client Relations
Book a strategy call
Opens Quint's calendar. Pick a time that suits you.