Hong Kong is a special administrative region of China located at the head of the Pearl River Delta. Entrepreneurs willing to establish their presence in Asia Pacific Market prefer doing business in Hong Kong. If you're one such entrepreneur, then connect with us to set up your business in Hong Kong. We provide hassle-free and end-to-end support services.
The major benefits of doing business in Hong Kong are as follows:
Easy Incorporation
Free economy and trade
Attractive tax system
Direct access to Mainland China
Developed Infrastructure
Highly Qualified Workforce
Good Quality of Life
Stable Government
Freedom in capital movement
Member of Asia Pacific Economic Cooperation (APEC)
No currency restriction
Banking and Payment Hub of the world
Foreign businesses willing to expand their presence in the Hong Kong market can select from a wide variety of business structures. The companies in Hong Kong can be either private companies or public companies. The major types of companies which can be set up in Hong Kong as per the amendment of the Companies Ordinance (Cap. 622) are as follows:
Private Limited Companies are the most preferred business structure and account for 99% of all the companies registered in Hong Kong. Such a type of business structure is generally adopted by small to medium companies. The share capital of a private limited company is divided into several shares of a certain value. These shares are issued to the shareholders of the company and the liability of the shareholders extends to the unpaid subscription price of the shares.
A Public limited company is a company whose shares and debentures are offered to the public. A company that has limited liability and does not fall under the ambit of a private limited company or company limited by guarantee is considered a public limited company. Registration of a public limited company is comparatively stricter as compared to a private limited company. This type of business structure is usually adopted by big businesses that want to raise capital from the public.
A private and public unlimited company is different from a private and public limited company because a private and public unlimited company has unlimited liability against the debts and obligations of the company. Each shareholder is jointly and severally liable.
A company that is limited by guarantee does not have a share capital. In this type of business structure, the liability of the members extends to the amount of assets contributed by the company. Such legal structures are mostly preferred by non-profit making organizations especially those engaged in education, research, etc as they are not ideal for companies having a profit motive.
Apart from incorporating a company in Hong Kong, foreign businesses also have the option to open a branch office in Hong Kong. A branch office is an extension of an overseas company in Hong Kong. All the debts and liabilities of a branch office are borne by the foreign business. For opening a branch office in Hong Kong, a foreign business must register with the Company's Registry as a non-Hong Kong company to obtain a Business Registration Certificate (BRC).
A representative office is similar to a branch office and does not have a separate legal entity. The foreign representative office bears all the debts and liabilities of the representative office. However, a representative office does not require to be registered with the Companies Registry. It has to obtain a Business Registration Certificate from the Inland Revenue Department. A representative office is a preferred route to enter the Hong Kong market for market research purposes. It is also exempt from filing taxes as they do not engage in profit-generating commercial activities.
Corporate Income Tax
Excise Tax
Property Tax
Stamp Duty
Special Stamp Duty
Buyer’s Stamp Duty
Government Rates and Rent
Payroll Taxes
Environmental Taxes
Withholding Taxes
Enterslice is a market-leading management consultancy firm that offers end-to-end business setup, taxation, financial planning, regulatory, legal, and advisory services to entrepreneurs, young start-ups, and large corporate houses across the globe.
Our Hong Kong Entry Strategy service involves the following services:
Our Hong Kong Entry Strategy can be further classified into the following:
Our business set-up services include Advisory relating to the selection of the best suitable business structure in Hong Kong. The various business structures in Hong Kong are private companies limited by shares, public limited companies, private and public unlimited companies with share capital, and companies limited by guarantee without share capital, branch office, and representative office. Our team assists in company registration, opening a bank account for the business, and post-registration compliance.
Our team of consultants formulate strategic plans for the operation of your business depending on your business needs. We assist in formulating a budget and developing cash flow for your business. We also provide consultancy for issues related to the management of the business.
Our legal experts provide legal advice on day-to-day business operations, finances, IP protection, etc. We also draft and review legal documents on behalf of your business and compile all the required documentation. Finally, we also ensure that all the legal and regulatory compliance are duly complied with.
Our team of accountants offers comprehensive services inclusive of practical advice and solutions to support clients in setting up their legal entities. After the setting up of the legal entity, we manage the essential administrative and back-office tasks such as accounting and a range of other related activities such as bookkeeping, audit reports, etc.
Our tax experts have the technical knowledge and a deep understanding of industry standards. This enables them to manage the tax obligations of our clients. We identify various ways to reduce your tax liability and deploy the latest tools and technology for the management of tax risks and obligations seamlessly and efficiently. We work closely with businesses in understanding their issues and developing strategies that align with the tax objectives and vision of businesses.
Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant documents. Our team of IP experts advice on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.
Step 1: Choose a name for the company
Step 2: Select a suitable business structure for the company
Step 3: Submit the Application for registration purposes
Step 4: Collect the certificate of registration of the company
Step 5: Open a Bank Account
Step 6: Obtain the required business permits and licenses for the company
To learn about the detailed procedure for company registration Click Here.
24x7 Client relationship support desk.
Tech-enabled service delivery platform.
Dedicated foreign Investment desk.
50,000+ Network of Lawyers/Attorney’s/CA/CPA/CFA.
Strong team of Inhouse Lawyers/Attorney’s/CA/CPA/CFA
A wide Network of Audit and Law firms in India.
Individual and Dedicated professionals on every assignment.
We register 100+ Companies every Month
If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.
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“Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly recommend this company.”
“Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.”
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“I chose Enterslice to start my new Indian adventure as entrepreneur, and respect my past experience i was surprised by their professionalism. In particular, Raksha T. followed my startup process, and i was delighted with her support on every moment. Great, great experience.”
“I came to know about Enterslice through a friend. Since then I have done GST Registration through them. The services are consumer centric and fast. I have recommended them to many of my acquaintance already.”
“Great set of people working together. Very customer friendly. I am very satisfied with the food license registration services and will definitely come back for other similar requirements.”
“They provided customized and Highly skilled CA &services. The management invests themselves in your work. They ensured timely NBFC registration and are always ready and prepared with excellent advisory services. The best part of working with Enterslice is they are not having expertise of law but they are well versed with Digital marketing skills &fintech business model.”
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.”
“I would like to thank the Enterslice team for the excellent business plan made by them. They understood our requirement and gave us exactly what we wanted. Thank you Team Enterslice.”
“Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters.”
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