Online Private & Public Company Registry of Hong Kong
Online Company Registration Hong Kong offers Company Registration in Hong Kong. We offer both type of online company register services like private company Registry of Hong Kong and public company Registry of Hong Kong.
The Companies Registry (“the Registry”) directs for public & private company registry of Hong Kong and implements most parts of the Companies Ordinance. The Registry registers neighborhood and non-Hong Kong organizations and statutory returns, de-registers ancient dissoluble organizations and furnishes the general population with administrations and offices for reviewing and acquiring organization data kept by the Registry. We control and uphold a few different laws, including the Trustee Ordinance (seeing that it identifies with trust organizations), the Registered Trustees Incorporation Ordinance and the Limited Partnerships Ordinance. Our registry is additionally in charge of preparing applications identifying with cash loan specialist licenses and keeping up a register of cash moneylenders for investigation by the general population. Our vision is to accomplish overall acknowledgment as a superb Companies Registry giving the group a quality administration.
As an Online Company Register Hong Kong they have connection with many different off shore banks so that the clients can open their bank accounts in any bank they desire to. But this company helps the clients a technique by which they note down what type of monetary policy they want to gain with and then they pen down all the domestic policies of the diverse banks and after that they settle and converse with the clients concerning the bank they wish to open a financial account.
Features of Private Company Policy
This Private company registry of Hong Kong has license issued by the Companies Registry of Hong Kong which operates under the law of Hong Kong. For the private company registry of Hong Kong they have policies and features like.
- Nature is confidential.
- Restricted legal responsibility.
- Legal Separate unit.
It is a private company license issued by Companies Registry of Hong Kong, and operated under Hong Kong Company Law that it gives this company features of
a) Private in nature
b) Limited Liability
c) Legal Separate Entity
The main difference from Public Business License is that the shares/debentures cannot be issued to the public; the shareholders are restricted to 50 and their shares are restricted to transfer freely.
It is a public company license issued by Companies Registry of Hong Kong, and operated under Hong Kong Company Law that it gives this company features of
a) Public in nature
b) Limited Liability
c) Legal Separate Entity
The main difference from Public Business License is that the shares/debentures can be issued to the public; the number of shareholders and debenture holders are no limited and their shares are free transfer without restrictions.
It is a private company license issued by Companies Registry of Hong Kong, and operated under Hong Kong Company Law. This has no third liability, and clear record. It has full yearly records to the Companies Registry of Hong Kong and Hong Kong Inland Revenue Department. The date of appointment of director and shareholder can also be dated back to the year of the company incorporation upon the request by the client.
Formation Fees (including our services fees and All government fees) For More Details Click here
- Anguilla Company Formation
- Belize Company Formation
- BVI Company Formation
- Panama Company Formation
- UK Company Formation
- Cayman Company Formation
- China Company Formation
- Marshall Company Formation
- Samoa Company Formation
- Seychelles Company Formation
- Mauritius Company Formation
- Nevis Company Formation
- New Zealand Co. Formation
- Samoa Company Formation
- Seychelles Company Formation
Offshore company is a company which is registered outside the country you live in.
What is a local company ?
Local company is a company which is registered within the country you live in.
Why register local company ?
Some business must be registered as local company as it is indeed engaged for local business like restaurant food business. Or some businesses which are only allowed to do locally have to be registered as local company.
Why register offshore company ?
Registering as an offshore company to run business does have some advantages:
a) Enjoyment of low tax or free tax business
b) Protection of privacy;
c) Allowance to engage special kind of business;
d) Expansion of business further outside the local area.
Can I use offshore company to run local business instead of local company ?
Basically, except by special restrictions, it is allowed to use offshore company to run local business instead of local company. For example, if you do trading business, and you need to buy products from China, the suppliers may only sign contracts with Chinese companies, so client is better to register an offshore Chinese company to sign supplier contracts in China and sell back locally which may create a monopoly in local area.
Can I use offshore company to run offshore business ?
Yes, it is a definite advantage to use offshore company to run offshore business.
What are offshore jurisdictions ?
Offshore jurisdictions are the countries which provide registration of offshore
companies.
How many offshore jurisdictions are available in the global world ?
May jurisdictions clam to be offshore, some of which you must hear before like Anguilla, Belize, BVI, Cayman Island, Marshall Island, Nevis, Samoa, and Seychelles, etc.
From our experience, there are some keys which have to be considered before deciding which jurisdiction to choose from:
a) Tax consideration – under this consideration, it is better to choose the jurisdiction which is tax free or lowest tax;
b) Protection of privacy – under this consideration, it is better to choose the jurisdiction which has no public search record;
c) Bank opening – under this consideration, it is better to choose the jurisdiction which is allowed to open bank accounts;
d) Trust arrangement – under this consideration, it is better to choose the jurisdiction which is allowed to be arranged with trust structure with nominees director and shareholder;
e) Legal and political systems of the jurisdiction – under this consideration, it is better to choose the jurisdiction which is in fair legal system;
f) Fee structure – under this consideration, it is better to choose the jurisdiction which is in lowest fee to setup;
g) Processing time – under this consideration, it is better to choose the jurisdiction which is in fast process of company setup;
h) Simplification process – under this consideration, it is better to choose the jurisdiction which is easy and simply to setup company;
I) The reputation of the jurisdiction – under this consideration, it is better to choose the jurisdiction which is high reputation.
What jurisdictions possess above key factors.
If you ask to choose, we would recommend you to register Hong Kong company to engage your offshore company operations.
a) Tax consideration – Hong Kong is using territorial tax system, it means it only charges for income which is done in Hong Kong. So if clients use Hong Kong company to do offshore business, it is legal tax free.
b) Protection of privacy – Hong Kong has privacy law, it is not allowed by the institutions to show clients details without clients consent. Otherwise they breach criminal law.
c) Bank opening – Hong Kong is an international well-known financial centre, it is easy to open banks over the world if using Hong Kong company.
d) Trust arrangement – Hong Kong has trust law, so under the trust arrangement, for business reasons, we can provide nominees directorship and nominees shareholder through trust law of Hong Kong.
e) Legal and political systems of the jurisdiction – Hong Kong is part of China, and so to use Hong Kong to enter Chinese market can expand the Asia business easily. Hong Kong was part of colony of UK, Hong Kong returned to China in 1997 through Joint Declaration, which confirm that Hong Kong will keep unchanged for fifty years, so the legal systems are still using UK legal systems.
f) Fee structure – The fee is rather low for company setup as compared to other jurisdictions like Bermuda, etc.
g) Processing time – Hong Kong Company Registry has launched Online Registration System, so it can get a company registered within hours?
h) Implication process – As provided by Online Registrations System, so it becomes easier to register a Hong Kong company, client only provides passport copy, we can get it done within hours.
I) The reputation of the jurisdiction – As Hong Kong is an international well-known financial centre, it is easy to get contracts order if use Hong Kong company to sign contracts.
a) Simplification of tax system – Hong Kong has no VAT, no dividend tax nor bank interest tax as well as capital tax.
b) TEA – Hong Kong has never signed up any tax treaty with other countries. So Hong Kong cannot share information to other countries.
c) RMB Accounts – If clients need to buy goods from Chinese suppliers who need the settlement by RMB, it is only the banks in Hong Kong can open RMB currency accounts. So client has to register Hong Kong company, and open bank accounts in Hong Kong. Basically the banks in Hong Kong will provide multi-currencies and must include HK$, US$R, EUR$, and RMB, and with internet banking facilities, so clients can do the banks process online.
d) To expand the markets in China – As Hong Kong has signed up the CEPA with China, so using Hong Kong company to enter China would become easier. Offshore clients may meet a number of barriers when register a company in China, in this case, client can register a Hong Kong company first, and in apply for the CEPA agreement, register WOFE in China so Hong Kong becomes a subsidiary of WOFE.
e) Production of business proof documents – If you use an IBC to run offshore business, you may find that there is no tax for tax filing for IBC, as it is a IBC, so it has no law to do tax filing. So it cannot produce income proofs record. There may be one day that the bank may suspend your bank accounts for some reasons and ask for proofs of your income if you cannot get proof they may forfeit your money from the bank accounts. However, if you use Hong Kong company, as Hong Kong Tax law is still required to report offshore income to Hong Kong Tax Department (to report is not meant to pay offshore tax to Hong Kong Department) even Hong Kong Tax Department will issue a notice that your offshore business is legal tax free. So through Hong Kong Tax System, you can produce a business/income/wealthy records. So your money to the bank would be really SAFE.
How to proceed Hong Kong company ?
Please go to Offshore Companies Page, and then go to the heading of How to proceed Hong Kong company ? sub-page and we will guide you how to register a Hong Kong company.
How to proceed Hong Kong bank accounts ?
Please go to Offshore Bank page and we will guide you how to open a bank accounts in Hong Kong.
How to proceed offshore company ?
Please go to Offshore Companies Page, and then to go the heading of How to proceed Offshore company ? sub-page and we will guide you how to register an offshore company.
How to proceed offshore bank accounts ?
Please go to Offshore bank page and we will guide you how to open a bank accounts outside Hong Kong.
Why choosing YOU ?
Please go to Why Choosing You page,you will have reasons why you must choose us.
What are your fees schedule ?
Please go to Fees Schedule page, you will have all the fees details.
Please download the form, and fill up the details, and e-mail back to us with your passport and proof of address (which is the document which show your name and address like driver license or utility bills). Then we will check the name and bill to you. From the bill instructions, you can pay online with Visa card, Master card, or AE card, or through paypal, Western Union or Moneygram, or Wire transfer, even you can come to our office and pay in cash. You can pay 50% as deposit first, and after the formation has been done, the full documents will be scan and sent to you for record then you can pay the outstanding payments. Then we will do preparation work and proceed.
Please download the form, and fill up the details, and e-mail back to us with your passport and proof of address (which is the document which show your name and address like driver license or utility bills). Then we will check the name and bill to you. From the bill instructions, you can pay online with Visa card, Master card, or AE card, or through paypal, Western Union or Moneygram, or Wire transfer, even you can come to our office and pay in cash. You can pay 50% as deposit first, and after the formation has been done, the full documents will be scan and sent to you for record then you can pay the outstanding payments. Then we will do preparation work and proceed.