The location, a political environment and economy that are trustworthy, a tax and business approach that are business friendly, a world-class infrastructure and a productive legal system… are the main reasons why Hong Kong is recognized as such a successful business center to set up a business by investors.

The main reasons to set up a business in Hong Kong are:

  • Opening a business in Hong Kong is easy and inexpensive.
  • A foreigner is permitted to own 100% of a Hong Kong company, and they are able to be the sole director and shareholder in a Hong Kong company. There are no requirements to be local resident or a specific nationality.
  • In Hong Kong, English common law is prevalent and the legal system is separate from that of Mainland China.
  • Hong Kong is commonly seen as the best route to begin doing business in China for Western countries.
  • A physical address is unnecessary for Hong Kong. A registered address is only necessary.
  • Companies in Hong Kong are permitted to open multi-currency bank accounts.
  • The level of taxation in Hong Kong is low:
    • No customs duties (apart limited number of products such alcohol, Tabaco….),
    • No VAT,
    • the first HK$2M of profit are taxable at 8.25% tax, the remaining is taxable at 16.5%
  • • Hong Kong has held the record for 17 years in a row as the world’s freest economy and the least corrupt nations in the world.

OPKO Finance assists you in the setup of your company in Hong Kong as well as the completion of all accounting, tax, legal, annual or periodical requirements once your company has been incorporated.

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