limited company formation

1. Known Facts About Limited Company Formation Before Start-Up

2. It’s comparatively easy to set up company in Hong Kong, as there are number of straightforward requirements which one can effortlessly meet. Among the criteria, there are many that one can accomplish quite easily. Hong Kong is notable for featuring one of the most liberal economic structures. Here Limited Company Formation is easy and for the company registration the company hardly demands high sum. The best thing about Setting up Business in Hong Kong the owner does not have to stay in Hong Kong, but when it comes to choosing the secretary, one may hire one based in Hong Kong or there are consulting agencies that offer secretary services for affordable price. Over 20th consecutive year Hong Kong is ranked for featuring the freest economy, so those who want to do business would find Hong Kong as one of the finest commercial venue to start anything. Hong Kong is ranked as the freest economic country as it has freedom like business freedom, Investment Freedom, Trade Freedom, Labor Freedom, Monetary Freedom, Fiscal Freedom, Financial Freedom, Freedom from Corruption, Government Size and Spending rights also there is Property Rights. Business Friendly Tax System Hong Kong features usually 3 taxes and offers substantial allowances and deductions which condensed taxable amounts. Profit tax is comparatively 16.5%, salary tax is 15% and then the property tax is 15%. Hong Kong hardly imposes, Sales tax or VAT, Withholding tax, Tax on dividends and Estate tax. It will be highly effortless to submit tax returns in Hong Kong. The procedure is highly simple and online people can access everything without undergoing any stress. Hong Kong Provides Huge Support to Their Customers Hong Kong is such a country that invests money on new start-ups, the country offers different programs intended to help even insignificant overseas and local commercial set up, now it is relatively obvious why there are varying revolving to Hong Kong to operate business. There are different Incubator programs, Loan guarantees, advertising. Resources for

3. Benefits of Setting Up Business In Hong Kong The process is certainly inexpensive and easy A foreigner can always be the sole director and shareholder as there is no hard and fast necessity to be the resident of Hong Kong. There is English Common Law prevalent all across Hong Kong and there is no connection in terms of law with Mainland China. Hong Kong is practically seen as one of the finest routes to initiate business in China for all other Western Countries. Hong Kong is seen to use the territorial source principle of taxation, where the profits which are made outside are tax free. Hong Kong is deemed as global leader in business as well as banking. Featuring world class business infrastructure, Hong Kong has become the best ever country to offer opportunities in Hong Kong Company Incorporation. Here English is spoken as one of the primary languages all throughout the country. If you are concerned about Set Up Hong Kong Company, then you can trust the best of the best consulting agency which has been offering considerable service to all enthusiastic entrepreneurs. While talking about the consulting agency JV Consultants Limited is the best firm to trust on.