How exaggerated is it to register a company in Hong Kong? Hong Kong's population is only over 7 million, but there are more than 3 million companies!
In 2023, there were about 130,000 companies registered in Hong Kong, an increase of more than 30,000 compared to 2022! Why do people from all over the world like to register their companies in Hong Kong?
Because of lower tax, no foreign exchange control, and free trade, Hong Kong has always been an attractive place for investors around the world.
In addition, the simple registration method of Hong Kong companies is also an important reason to attract bosses. Just 4 steps:
Retrieve company name. The company name registered in Hong Kong must be a character in the Kangxi Dictionary, Cihai, and ISO10646 Coded Character Sets. It cannot be the same name or too similar to the registered company.
Prepare the required documents, including the company name, articles of association, application form, etc.
Submit the application. If all shareholders are natural persons, the registration can be finished on the Hong Kong registration website; If the shareholders include a company, it's necessary to prepare application documents and apply for registration at the Hong Kong Companies Registry.
After a successful registration, you will receive the company's registration certificates. Before the official opening, you need to apply to the Hong Kong Inland Revenue Department for normal business operations.
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