Hong Kong Company Registration
Be it an Indian, American, or European looking to break into the Asian market, there is no question that registering a company in Hong Kong is a great entry point into the ever-thriving Asian marketplace. However, the registration process in Hong Kong for foreigners can often be very complicated at times. YKG Global takes out the hassle for individuals and corporations.
Why Register a Company in Hong Kong?
It has been free of the dangers associated with one-party politics and maintained a particularly robust and resilient economy, with free-market policies and low taxation. It acts as a gateway to the mainland of China and the larger Asian market and, hence, fulfills its status as a Special Administrative Region of China. In being a member of the WTO and APEC, registered companies in Hong Kong stay abreast of plentiful trade agreements and a business-friendly environment.
- Access to Asian Market: A company focusing on Hong Kong is to gain access to one of the largest and the liveliest consumer markets of the globe with a speedy approach.
- Continuity of Steady Economic Growth: Hong Kong can boast of a strong GDP, and also a proper regulatory framework, which can be considered a beautiful business operation environment.
- Highly Trained Workforce: A multilingual, educated multiracial workforce able to fulfil a broad spectrum of industries' needs.
- Luring Tax System: Low corporate tax rates and a plethora of incentives for foreign investors prove to be the most potent inducement for many towards coming into Hong Kong.
- Geographical Location: Dedicated at the nexus between East and West, Hong Kong offers fantastic connectivity with the rest of Asia's major economies.
Process of company registration:
- Company Name reservation: Reserve a desired company name acceptable according to local laws.
- Registration of the Company: Register your company at the Companies Registry and start your business in Hong Kong.
- Registered Address: Provide services for registering a registered office in Hong Kong. Meeting all legal requirements for business registration would be completed.
- Nominee Director Services: We offer nominee director services. Experienced professionals are available for full satisfaction of local governance requirements.
- Opening Corporate Bank Accounts: We assist you in opening corporate bank accounts with any of the local or international banks, thus ensuring smooth business banking.
- Licensing to Operate Business and Financial Ventures: Depending on the kind of business you want to venture into, we take you through and let you apply for licenses to operate any type of business in accordance with the laws in Hong Kong.
Types of companies in Hong Kong
- Private Company Limited: This is a commonly applied small to medium enterprise with at least one shareholder as well as a director.
- Public Company Limited: Suitable for large-scale organizations. Shares can be issued to the public; there is a required minimum share capital.
- Branch Office: Foreign companies can do their business in Hong Kong through a branch office. In this regard, no separate legal entity is formed.
- Representative Office: It is useful for doing non-trade purposes like searching and investigating the market.
Documents required for company registration in Hong Kong
- Identity proof (Passport)
- Proof of Address
- Articles of Association
- Power of Attorney
- Bank Reference letters
Why YKG Global?
Professional Guidance: At our end, it is at every juncture that professional guidance saves you from the bureaucratic hassle at all points.
End-to-end process: Everything that is required for the setup of your company in Hong Kong, ranging from company registration to banking and securing the licenses, we take care of everything.
Expedite Process: Within a short period of 7 weeks, we shall get your business up and running.
Remote Process: No travel is needed to Hong Kong; our consultants will take care of all the paperwork for you.
