Hong Kong remains one of the world's premier business registration jurisdictions. A Hong Kong private limited company offers a 16.5% profits tax rate (with the first HKD 2 million at 8.25%), a territorial tax system (no tax on offshore profits), global banking access, and one of the world's most recognised and respected corporate legal systems.
Company secretary and registered office fees included for year one. Annual compliance fees apply.
Form My Hong Kong CompanyWe assess your business activities, client geography, and whether the territorial tax system benefits your income type.
Hong Kong company incorporation typically completes in 3-5 business days.
We advise on Hong Kong business bank account opening (HSBC, Hang Seng, ZA Bank) and international alternatives.
We advise on annual return requirements, profits tax filing, and MPF (Mandatory Provident Fund) obligations if you hire local employees.
Hong Kong taxes only profits arising from, or derived from, a trade or business carried on in Hong Kong. Profits from business conducted entirely outside Hong Kong with no Hong Kong nexus are generally not subject to Hong Kong profits tax. For nomads with offshore clients, this can mean a low or zero profits tax liability. Offshore profits claims require proper documentation and a formal Inland Revenue Department assessment.
Hong Kong's standard profits tax rate is 16.5% for corporations (15% for unincorporated businesses). Under a two-tier regime, the first HKD 2 million of assessable profits are taxed at 8.25% and the remainder at 16.5%. Hong Kong has no capital gains tax, no GST or VAT, and no withholding tax on dividends.
Hong Kong banking has become increasingly strict for non-resident-owned companies. Major banks (HSBC, Hang Seng, DBS) now require a physical visit to Hong Kong or extensive documentation for remote account opening. Digital alternatives (ZA Bank Business, Airwallex, Neat, Statrys) are frequently used by nomads for Hong Kong company banking and offer faster, fully digital onboarding.
Hong Kong's legal system continues to operate under Common Law (inherited from the British legal system) with an independent judiciary. The Companies Ordinance, contract law, and property rights continue to function as before. Many international businesses continue to use Hong Kong companies. We advise clients to assess their specific risk profile and consider maintaining a company in a second jurisdiction (such as Singapore or UK) as a contingency.
Fixed price, real-time tracking, and expert handling, from first document to final approval.
Form My Hong Kong Company