· Why so many people use HK Company？
1. It is very easy to establish a Hong Kong company. You only need to give us some basical information, such as the company name you need, An identical copy of your passport. And then we will make the formal application documents for you, you need to sign it.
2. The charges for registration is inexpensive, you can set up a HK company less than Usd900.00.
3. Only 2 weeks for the whole registration procedures.
4. It is easy to open an account for HK company, you can open in HK or open offshore account in Chinese mainland.
5. The tax rate of Hong Kong is lower in Asia.
· How to operate a HK Company？
It is easy to run the company in trading or investing. You can use the company for trading internationally, after you get the payment(T/T or L/C) from your customer, you can authorize the forwarder to delivery the goods for you.
The L/C details, you can seek advice from your bank.
· What is the obligation after registration？
Annual Return:
Every company is required to file & submit the “Annual Return” to HK Company Registry Department within 42 days after the anniversary of the date of incorporation.
Substantially higher registration fee is payable for filing late. The company and its officers are liable to prosecution and ,if convicted, default fines.
The company’s Business Registration Certificate will be expiry after one year from its incorporation, it needs update on time.
Tax Return:
A new company need first Profit tax return (report) to HK tax Department after 18 months from its incorporation.
Book keeping:
It is better that you can book keeping for your business, you can do it by youself or by CPA.
For more details, Please refer to HK company services or contact us.