Hong Kong

Principal Corporate Legislation Limited companies incorporated according to HK Companies Ordinance (Chapter 32)
Type of Company for International Trade, Investment & Tax Planning Private limited company
Language of Legislation and Corporate Documents Chinese and English
Taxation Hong Kong profits tax is ONLY charged on profits earned from a trade, profession or business carried on in Hong Kong. Thus this means that a company which carries on business in Hong Kong, but earns profits from another place, is not required to pay tax in Hong Kong on those profits. Profit earned inside Hong Kong is currently subject to a rate of taxation of 16.5%. There is no tax in Hong Kong on capital gains, dividends and interest earned.
Standard share capital Recommended - HKD 10 000, divided into 10 000 shares with par value HKD 1
Shares Only registered shares with par value
Shareholders The minimum number of shareholders is one - individual or legal entity
Publicly Accessible Records Yes
Directors One individual or legal entity
Registered office Required on the territory of Hong Kong
Registered agent Not required on the territory of Hong Kong
Secretary Required. Individual or legal entity has to be a resident of HK
Location of Meetings of Directors and Shareholders At any part of world
Mandatory- keeping of accounting records- annual account- presentation of auditor's conclusion YesYesYes
Currency control No
Double Taxation Treaty Access Belgium, China, Thailand
Incorporation timeframe 7-8 working days
Shelf Companies Yes