With us, you can expect the procedure to take around 2 to 3 working days. We do not have a slow or express option with our HK company formation services, as we will always work as fast as we can. Generally, the company will be setup in 1 day but then we have to wait for the green box. Please note that the government doesn’t work during weekends and public holidays.

We cannot promise the bank account opening, but if you are an HK resident it is quite easy to open an account with a local bank.

For non-residents, there are several other options. Either set up an account offshore (Mauritius for example) and/or work with an MSO (Money Service Operator) that offers you the same service as a bank in terms of holding your deposit and enabling your transaction (in HKD or Forex). Contact us for more info. Unless you carry out a risky business in a risky jurisdiction, these are pretty easy to get. Examples include Neat, Currenxie, Statrys, Airwallex, and more.

No, you won’t be able to get a working visa from your company. If you want a visa you will have to apply for a Business Investment Visa. We can put you in touch with an expert for more information.

With an HKD 800 fee, it is impossible to get a full package because even the government fees alone are about HKD 4,000 (Sometimes the government waves the BR, but you still have an Incorporation certification fee of HKD 1,720 + a levy of HKD 250)

We choose to give our clients the “full price” from the very beginning so that they know exactly how much our Hong Kong incorporation services will cost them. Some of our competitors prefer to attract clients with a really low entry price that they generally call “the cost of their service”, but after this charge all the rest independently (which generally includes markup as well). The issue is that you never know how much the company incorporation process will cost you. Our package even includes the registered address, company secretary, AML-CTF check and SCR (Significant Controllers Register).

Our clients tend to value transparency and like to know the cost upfront without hiding anything.

We are even one of the really few consultants that inform you of the ongoing costs of your Hong Kong company (Maintenance and yearly accounting).

Unfortunately, there is no such thing as an “offshore company” in Hong Kong. No matter you are in or out of Hong Kong you will operate with the same structure a “Limited Company”. Now, what is possible is to claim offshore tax exemption on your profit under the argument that your profit has been realized exclusively outside Hong Kong (You have no operations, no contract signed, basically nothing in Hong Kong). In this case, you won’t have to pay tax in Hong Kong. But be careful – this is not the equivalent of paying 0% tax. It just means your profit has not been taxed YET.

Please keep in mind that claiming the offshore tax exemption can be costly, and there is no guarantee. Furthermore, by proving you have no substance in Hong Kong (No permanent establishment, no operations, no sales…) you let the door open for other jurisdictions to ask you to pay corporate tax on your profit in their countries. We advise you to have a good international tax lawyer if you want to go down this path.

Yes! You don’t have to be a resident to open a company in Hong Kong.

Hong Kong has a 2 tiers tax system for corporate tax. 8.25% for the first HKD 2 million profit (meaning after deducting expenses from your revenues) per year and 16.5% on any remaining amount thereafter.

For your information, there is no GST/VAT in Hong Kong (Careful if you sell in other jurisdictions), no tax on dividends (but be mindful if you live in a jurisdiction that tax foreign income), and personal tax is progressive and capped at 15%.