Business Registration Fee and Levy Table https://www.usg.world/about-us 4 https://www.usg.world/compliance Prepare Incorporation Documents https://www.usg.world/compliance Located in the heart of Asia, Hong Kong is one of the lucrative places to open a company thanks to low entry barriers including low taxes and no restrictions for foreigners https://www.usg.world/post/business-with-china-dividends-and-cfcs For companies without operations in Hong Kong, corporate tax is exempted, while for companies with operations in Hong Kong, the tax rate is amongst Asia’s lowest at just 16 https://www.usg.world/post/how-to-open-an-office-in-china-and-register-a-legal-entity-with-united-suppliers-group-choosing-the 5%. There is also no capital gains tax, withholding dividends tax, or GST/VAT in Hong Kong https://www.usg.world/blog Moreover, Hong Kong provides a gateway into Mainland China while maintaining a separate tax and legal system, making it a top choice for foreign investments and international businesses https://www.usg.world/post/how-to-open-an-office-in-china-and-register-a-legal-entity-with-united-suppliers-group-choosing-the To form a company in Hong Kong, applicants can hire a TCSP licensee to perform the company formation service https://www.usg.world/post/why-do-some-businesses-grow-globally-while-others-stay-stuck-even-when-both-are-equally-talented During the process, applicants shall provide a copy of passport and residential address proof, and submit the mandatory NNC1 incorporation form and Articles of Association https://www.usg.world/partner-search-services As a business owner, you must submit two reports and one annual audit https://www.usg.world/post/what-every-entrepreneur-must-know-before-setting-up-a-business-in-china-hong-kong-or-singapore Even if you have no transactions, you still need to submit reports, prepare unaudited accounts, have an external auditor review, and file your Profits Tax Return (PTR). What is an incorporation of a company?
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