Why Register Your Company With WiseHouse

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Offering complete ownership to foreigners

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Profit tax rate ranges from low 8.25% - 16.5%

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Foreign sourced income is exempted from corporate income tax

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No sales tax, import, capital gain tax or tax on dividends and interest

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No withholding tax on dividend distributions and interest payments made out to a resident or non-resident

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Straightforward gateway to Mainland China and Asian markets

Company Registration For Founders Who Launch With Compliance

Get out package now to let us handle all ACRA company registration fees, government filling, name check and service fees.

Company Set Up

Ideal for entrepreneurs seeking a seamless business setup to launch with confidence.

From

USD$988

Covers everything to get your company started:

  • Certificate of Incorporation (CI) & Business Registration (BRC)
  • Maintenance of company registers and statutory records
  • Filing of Annual Return (NAR1)
  • Preparation of the Annual General Meeting (AGM)
  • Dedicated Company Secretary
  • Designated representative service
Buy Now

Business Bank Account Set Up

Ideal for entrepreneurs seeking a seamless business setup to launch with confidence.

From

USD$888

Covers everything to get your company started:

  • Advise on Required Documentation
  • Smooth and efficient process of bank account set up
  • Access to Business Loan
  • Established networks with the registrars of companies
  • Designated representative service
Buy Now

FAQs On Company Registration in Hong Kong

  • Choose a unique name and ensure it complies with regulations.
  • Appoint directors and a company secretary who must be Hong Kong residents. Provide a registered office address in Hong Kong.
  • Decide on the company’s shareholders and their respective shares.
  • Submit the incorporation application for our team to handle the Corporate Regulatory Authority.
  • Pay the necessary fees and obtain the Certificate of Incorporation once approved. Lastly, complete post-incorporation tasks like opening a corporate bank account and fulfilling tax and regulatory requirements.

Consider consulting professionals like WiseHouse for seamless incorporation. With WiseHouse’s help, you can complete all these steps in as little as one day and start your Hong Kong company from anywhere in the world, without needing any face-to-face meetings.

Incorporating a company in Hong Kong as a local is a relatively straightforward process. All you need is the following:

  • At least S$1 paid up capital
  • Local company secretary
  • Hong Kong-based director
  • A registered address in Hong Kong

You can choose between the following company structures:

Sole Proprietorship

Sole proprietorship essentially means there are no partners in the company. This means the owner can earn all the profits but also bears higher risk if anything happens. Sole proprietorship is not a separate legal entity from the company owner.

Who can apply:

Hong Kong citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), ONE Pass holders.

Partnership

Who can apply:

Hong Kong citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), ONE Pass holders.

Private Limited Company (Pte Ltd) – most popular structure

Private limited companies have: less than 50 shareholders and their shares should not be accessible to the public. A private limited company has the most flexible company structure.

It is a separate legal entity from its shareholders and directors. It enjoys limited liability. We recommend the Pte Ltd structure due to its flexibility, legal protection and accessibility to government grants, funding and tax exemptions.

Who can apply:

Hong Kong citizens or permanent residents, Dependant Pass holders with a valid Letter of Consent (LOC), Employment Pass holders, EntrePass holders, ONE Pass holders, Personalised Employment Pass holders.

A Private Limited Company is the most scalable, advanced and flexible business structure in Hong Kong.

Advantages:

  • A Private Limited Company can be 100% foreign or locally owned. There are no foreign shareholding restrictions.
  • Offering complete ownership to foreigners
  • Profit tax rate ranges from low 8.25% - 16.5%
  • Foreign sourced income is exempted from corporate income tax
  • No sales tax, import, capital gain tax or tax on dividends and interest
  • No withholding tax on dividend distributions and interest payments made out to a resident or non-resident
  • Straightforward gateway to Mainland China and Asian markets

Read here on how to set up a private limited company in Hong Kong.

You would determine the shareholders and their respective ownership percentages by indicating it in your company incorporation documents. If incorporating a subsidiary company in Hong Kong, the sole shareholder will be the existing local or foreign company. For a new venture, the shareholders will be you and any partners you may have.

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