Company formation in Hong Kong
Service Overview
ASC Consulting Limited offers a detailed pathway for setting up a company in Hong Kong, widely recognized as a leading financial center in Asia. Our expertise spans across handling diverse company structures, capitalizing on Hong Kong's vibrant economy, and strategic proximity to Mainland China.
IMPLEMENT
- • Incorporation
• Trademark, Intellectual Property & CopyRights
• Sourcing / QC
• CRM
THINK
DEVELOP
- • Distribution
• Funds raising
• Sell / purchase / stock in Europe
• Digitalize your business
What WE DO
- • Tax consulting
• Hide the source of your goods
• Do business in China
• Set up structuring tools
RUN
- • Administrative services
• Tax Filing
• Temporary CEO / COO
• Recruiting
• System integration
Industry Insights
Hong Kong stands as a beacon of business success, marked by its stable political landscape and robust economic infrastructure. Its favorable position as a gateway to Asia, particularly Mainland China, makes it an ideal locale for businesses looking to expand their global footprint. The region's commitment to economic growth and investment makes it a fertile ground for new ventures.
Types of Companies and Minimum Requirements
Private/Public Companies Limited by Shares: Suitable for businesses seeking investment and growth. No mandated minimum share capital, offering flexibility.
Unlimited Companies with Share Capital and Companies Limited by Guarantee: Fit for various business structures, from sole proprietorships to large enterprises.
Efficient Incorporation Process: Remarkably quick, with a company typically set up within just 2 working days.
Benefits
No Minimum Capital Requirement: Allows for businesses of all sizes to establish with ease.
Low Tax Rates: A two-tiered corporate tax system charges 8.25% on the first 2 million HKD of profits, and 16.5% thereafter. Dividend taxes stand at 0%, coupled with no withholding tax on dividends to residents or non-residents.
Sales Tax Exemptions: The absence of VAT or sales tax presents a financially attractive environment.
Legal Compliance and Business Formalities: Necessary formalities like annual meetings and redomiciliation are straightforward, with electronic signatures widely accepted.
Process
Company Type Selection: Guiding you in choosing the most suitable company structure based on your business goals.
Company Name Registration: Assisting in selecting a unique, compliant company name.
Documentation Preparation: Drafting and compiling essential documents, including the Articles of Association.
Registration and Compliance: Managing the registration process with the Companies Registry and ensuring all legal compliances are met.
Tax Registration: Guiding through the Inland Revenue Department registration.
Permits and Licensing: Obtaining necessary permits and licenses specific to your business sector.
Timeline & typical costs :
The cost of forming a company in Hong Kong depends on the structure, registered address, company secretary support, accounting needs and banking preparation. There is no standard one-size-fits-all cost, so we review your situation before confirming the right setup and scope.
Why Hong Kong for international business :
Hong Kong remains a practical base for international companies operating across Asia. It offers a business-friendly environment, strong connectivity with Mainland China and regional markets, and a familiar legal and corporate framework for cross-border activities.
Getting Started
Embark on your Hong Kong business venture with ASC Consulting Limited. We provide end-to-end guidance, from legal procedures and taxation benefits to compliance requirements, ensuring a smooth and successful business setup in this thriving economy.
Our Main Places of Activity
Specializing in Hong Kong's market, we offer a comprehensive service package that caters to the unique aspects of company formation in this dynamic region. Our tailored approach positions your business for success in one of Asia's most influential economic landscapes.
Our Country Experts
We are a French boutique consultancy based in Hong Kong, working hand in hand with country experts in every market we cover. Our clients get a single point of contact at ASC, with the right specialist mobilised for each subject.
We have been founded by qualified professionals from legal and fiscal sectors with more than 25 years cross-border experience gained in Europe and Asia, giving them perfect understanding of the tax environment where clients operate both at home and abroad.
FAQ
How long does it take to incorporate a company in Hong Kong ?
Timelines vary based on shareholder structure and verification steps, but incorporation follows a clear process from name selection to filing and post-incorporation setup.
Do I need to be in Hong Kong to incorporate ?
In many cases, no. We coordinate the process remotely depending on your structure and required verifications.
Do I need a company secretary and registered address ?
Yes, these are standard requirements. We can coordinate both as part of the setup.
What ongoing compliance is required after incorporation ?
Yes. We support the preparation and coordination of the banking process (KYC, documentation, positioning), depending on your profile and bank requirements.
What ongoing compliance is required after incorporation ?
Companies typically need ongoing administration and periodic filings. We help you set up a compliance calendar and coordinate accounting and filings.
Do I need accounting from day one ?
It’s best to set up bookkeeping early to avoid year-end issues and to support banking and compliance requirements.
Is an audit required in Hong Kong ?
Requirements depend on your situation and reporting obligations. If needed, we coordinate audit preparation and the right partners.
Can you manage Hong Kong + Singapore structures together ?
Yes, we often coordinate multi-country setups across Asia and Europe, including incorporation, banking and compliance.
