Incorporation of a Hong Kong Limited Company
The most common form of business entities that are registered in Hong Kong is a company limited by shares, or simply, a Limited Company. Limited companies are further distinguished into private and public companies, depending on their
size. Public companies are subject to stricter compliance regulations than private companies. The majority of registered companies in Hong Kong are considered private companies limited by shares.
A limited company means that the liability of the shareholders do not extend to them personally, unlike a sole proprietorship or a general partnership, and is wholly contained within the company. The incorporation of a limited company establishes a separate legal personality for that company with the same rights and obligations of a natural person.
Corporate Compliance Service
The Inland Revenue Ordinance further requires Hong Kong companies to complete and file a tax return. Unless exempt, the audited financial statements are to be submitted together with the tax return for a tax assessment by the Inland Revenue Department.
In the Heart of Asia
Subsequently, Hong Kong’s business influence across the PRC is extensive and deep, accounting for nearly half of all inbound and outbound investment from the PRC, making the city its largest trading partner. Hong Kong is also perfectly situated in Asia, as it is within a 4 hour flight from all regional key markets and five hours from half the world’s population.
If you are looking for a business partner that’s committed, agile, expert, and genuine, you’ve come to the right place.