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Hong Kong has a unique
position not only on the map but between other
possibilities for the formation of the company
as a Tax Haven. Hong Kong refused to sign the
OECD agreement (Organisation for Economic
Co-operation and Development
http://www.oecd.org ) and do not exchange
any customer data with any one but are not
alleged as an Offshore Jurisdiction. This
position of the Hong Kong International Business
Companies can give anyone the possibility to
conduct international trading business, be
legitimate corporate vehicle and be in the best
corporate banking facilities. You do not need to
pay and you are not a subject to the local
corporation tax if you make your money outside
Hong Kong. |
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INFORMATION ON HONG KONG
Location, business
environment, legal system, tax policy -
everything done and ready to run a successful
business. Hong Kong embraces globalization of
trade and services and is an active participant
in international organizations that promote such
activities. Hong Kong is famous for its open
economy system and it is one of the world's
premiere financial centres. Its freedom of
capital movement, sound legal system, efficient
transportation system, state-of-art
telecommunication backbones and the wide use of
English in business have contributed to its
success. The main reasons to incorporate a
company in Hong Kong are:
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The cornerstone of the
economy rests on free enterprise, free
trade and free markets open to all
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No barriers to trade -
no tariffs, no quotas, no exceptions
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No restrictions on
investments inward or outward
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Trade to GDP ratio of
250% in 2002 |
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No foreign exchange
controls |
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No nationality
restrictions on corporate ownership
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More information |
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INFORMATION ON INCORPORATION
IN HONG KONG Incorporated
vehicles are the most popular form of business
in Hong Kong. There is also a lot of legal
advantages of using a limited company to carry
on a business. In reality you cant just take
advantages and leave other things behind. Incorporation
requires a minimum packet of documentation;
an incorporated company needs to fulfil the ongoing
obligations such as the annual return, profit tax
return etc. FID Trust has necessary arrangements
in Hong Kong and you will not be alone seeing as highly professional,
qualified by Hong Kong governed bodies, situated
in Hong Kong team will do all the work for your
company. Meanwhile, to know what type of support
you will need, this information is published. |
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More information |
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INCORPORATING F.A.Q. |
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GLOSSARY OF TERMS |
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BUSINESS RESOURCES CHECKLIST |
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PROFESSIONAL SERVICES FOR
INCORPORATION AND SUPPORT OF YOUR COMPANY There aren't many
service providers which could provide the same
type of incorporation service as the FID Trust
International but the same level of support? -
we do not think so. If you decide to order a
Hong Kong company from us, you will have
everything in a package and more.
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More information |
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WHAT DOES IT COST For customers outside Hong
Kong who wish to form a limited company within Hong Kong
FID Trust International has an all-in-one package
which provides you with everything you
need at a very affordable price, including
incorporation, company secretary, virtual office
and bank account openings at HSBC or the DBS Bank. |
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THE DOOR TO THE
CHINA |
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Trade: The Closer Economic
Partnership Agreement (CEPA) was signed in 2003 by
the Central People's Government and the Government
of the Hong Kong Special Administrative Region and
came into full effect from 1 January 2004. It
provides preferential access to the Mainland market
and reduced tariffs for certain enterprises and
individuals in Hong Kong, whether locally or
foreign-owned.
Strategically, it opens a new chapter in
cross-border trade and investment between Hong Kong
and the Mainland and it reinforces Hong Kong's role
as a bridge between China and the rest of the world.
In essence, CEPA is a World Trade Organisation (WTO)-compliant,
free trade agreement.
CEPA currently affects:
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trade in services,
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trade in goods, and
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trade and investment
facilitation.
CEPA will evolve over time and new
benefits will be introduced in phases.
This means that CEPA-qualified enterprises and
individuals in Hong Kong, will have earlier and in
some instances more privileges than will ultimately
be available when doing business with the Mainland,
following its accession to the World Trade
Organisation (WTO).
For example, jewellery (a CEPA zero import tariff
product) exported by a CEPA qualified Hong Kong
enterprise or person, could enjoy zero import
tariff. The same item exported once the Mainland has
acceded to WTO will suffer a tariff rate of 20-35%.
These CEPA benefits are exclusive to Hong Kong
no other jurisdiction in the world can enjoy these
preferential market access and import tariff rules.
This package further strengthens Hong Kong position
as the ideal location from which to do business with
China and underlines Hong Kong importance as an
international trade and business centre.
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2. |
Investing: Hong
Kong international banking for Hong Kong
companies is easy as well as Hong Kong
companies do not have problems with
permissions from the Chinese Licensing
Authorities. Make investments attractive
because it is protected by an international
law for the next 50 years. |
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