1. Free to import and export the multi-currency
There is no restriction to receive the foreigne currency,e.g. USD, EUR, GBP, etc. All the funds could be freely exchanged, remitted in and remitted out of Hong Kong without any restriction.
2. Easy to open a Hong Kong bank account
With our team's pre-arrangement, you just spend 1 working day meeting the banker to open a local bank account.
Other than the traditional bank account, there is many virtual bank account that can be chosen for the Hong Kong company. They also provided the basic receive and payment functions.
3. Lower tax rate
Hong Kong companies enjoy a lower tax liability. The profit tax rate for the first HK$2 million of profits, will be 8.25%. and the remaining profit jof the tax rate is 16.5% in Hong Kong.
4. The lowest set-up and maintenance cost
There is no minimum capital requirement, lowest to HK$1 of capital can be set up by a Hong Kong company. Basically, HK$10,000 of capital is enough to maintain a Hong Kong Company apply with the lowest statutory requirement.
5. No restriction to apply the director and shareholder
Hong Kong company is allow the foreigner to sit on the director and shareholder on their own of the company. The only requirement is to find a local citizen or a company that is a TCSP linensee, to sit a company secretary role. The company secreatary is liability to provide the professional advices in compay with the companies ordiance.
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