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Taxation in Hong Kong
Although Hong Kong is not considered to be a Tax Haven, it grants all the advantages a tax-free jurisdiction can give.Learn now!
Hong Kong is ideal location for a company trading throughout Asia or with People Republic of China. Hong Kong operates on territorial taxation principal, i.e. taxes are not imposed if the Hong Kong company does not trade in Hong Kong (doesn’t have any Hong Kong based suppliers or clients), does not have a physical office in Hong Kong (although a virtual office can be featured) and does not have local employees.
The company though may freely have a Hong Kong bank account and Hong-Kong director and secretary – and still enjoy a tax free status.
Hong Kong bank account coupled with Hong Kong company is neat tax free decision for your business. Bank account opening procedure requires personal visit to Hong Kong. Contact us for details.
Substance has never been more essential. We offer Virtual Office packages that correspond to 21st century requirements, including web site and e-mails set-up and hosting, correspondence address, mail forwarding and telephone answering service. Contact for fee proposal.