rcep.biz

Hong Kong Business Services

As an international financial center and business hub, Hong Kong attracts many enterprises to register and develop their businesses here. To help businesses operate smoothly, Hong Kong provides comprehensive business services, covering company registration, accounting, auditing, trademarks, and more.

Why Choose Hong Kong?

Location Advantages

Hong Kong has a superior geographic location, with the mainland behind it, acting as a bridge to Southeast Asia and the core of Asia, making it ideal for expanding into international markets;

Tax Advantages

Low tax rates, few tax types; no VAT, no customs duties;

Operational Advantages

Few restrictions on the scope of operations;

International Status

As an international financial center, there is no need for registered capital verification, free flow of capital, high recognition, and the Hong Kong brand enhances the company’s brand competitiveness;

Services (One-Stop Service)

Company Services
Company Registration: Office address usage, secretarial services, company name changes, company data changes
Annual Filing: Must be updated annually according to regulations
Financial and Tax Services: Bookkeeping, financial audits (recommended annually), tax filings
Trademark Registration: The process of applying to protect a trademark with the Trademark Office or Intellectual Property Office

Eligibility Requirements

Company Name (must have an English name, Chinese name optional)

Provide identification documents of directors and shareholders (can be concurrent)

Number of Shares: At least one share, all issued shares are deemed fully paid

Registered Address (must be in Hong Kong, our company can provide this)

Confirm the statutory secretary of the company (our company can provide this)

Confirm the company’s business scope (our company can assist in selecting)

Service Purpose

International Brand Image：The company name may include terms such as "International", "Group", "Holdings", "Center", etc. Coupled with Hong Kong’s inherent advantages, it is easy for a Hong Kong company to establish an international brand image.

Free Forex Reception：There are no forex controls, funds can flow freely, and a Hong Kong company can use this freedom to obtain international credit, engage in overseas financing, or go public abroad.

Fewer Taxes, Lower Rates：Hong Kong has low tax rates and a small number of tax types. Whether it is for local operations or foreign trade, many international institutions use Hong Kong’s tax advantages to reasonably reduce tax burdens.

Expanding International Markets：Establishing a joint venture or wholly foreign-owned enterprise in China offers preferential policies. By leveraging Hong Kong’s advantages as an international financial center, businesses can expand into overseas markets.

Advantages.

Hong Kong Registration

The Hong Kong company registration process is simple, providing great convenience for enterprises to conduct overseas business, establish offshore operations, or go public in Hong Kong.

Hong Kong Account Opening

Hong Kong bank account opening requirements are simple, no need to visit Hong Kong in person; account opening can be completed the same day. We are partners with major Hong Kong banks.

Hong Kong Auditing

When you receive a tax bill, there’s no need to search around for an accounting firm, we can help you.

SCR Policy

Establish company name registration information, and ensure the actual controller is recorded for easy supervision by registration authorities.

Signage

Signage refers to having a physical business in Hong Kong, with a physical address and a company sign displayed.

Company Changes

Hong Kong companies can undergo changes in company name, directors, shareholders, capital increase, and de-registration.

KYC Documents & Application Process.

KYC Documents

1.
Application Form ID(C)981
2.
2 photographs (50mm*40mm to 55mm*45mm)
3.
A valid copy of the travel document with personal information
4.
A copy of residence identity proof from the country of residence (if the residence is not in the country of nationality)
5.

A copy of the Chinese resident ID card (if applicable)
6.
Personal net worth proof documents
7.

A copy of higher education graduation certificate
8.
Professional qualification certificate (if available)
9.
A copy of a reference letter from each employer or a copy of company proof for each business owned or a copy of proof of self-employment experience
10.
A copy of documents proving major achievements/future plans and other statements
11.
A copy of language proficiency certification
12.
Original notarized criminal record certificate

Application Process

1.

Providing advice and consulting
2.

Preparing supporting documents, drafting authorization letters, filling out forms
3.

Submitting application documents to the Hong Kong Immigration Department
4.

Communicating with the Immigration Department and responding to additional document requests from relevant authorities
5.

Notification of application determination from the Immigration Department
6.
Selection process
7.
Announcing selection results
8.

Issuing the principle approval notice
9.
Applicant’s arrival in Hong Kong for an interview
10.
Issuing the visa

FAQs

ASK

What are the requirements if I want to set up a company in Hong Kong?

Answer

                                                Two or more shareholders over the age of 18. Mainland citizens or overseas nationals holding a passport or ID card are eligible. A registered office address and a company secretary (which can be provided by an agency) are required.

                                                A newly registered Hong Kong company can be completed within 10 to 15 working days after signing all statutory documents; an existing company can be completed within 1-2 working days and may be completed on the same day if extended; a branch can be completed within 3-5 working days; after purchasing a company, its name can be changed, which will take 15 to 25 working days.

                                                Hong Kong company names are more flexible, as long as they are not duplicated. Companies that are difficult to register in China can be registered in Hong Kong. Regardless of the registered capital size, the Hong Kong government allows company names to include terms like "International", "Group", "Holdings", "Industry", "Investment", "University", "Association", "Center", "Foundation", "Research", etc.

                                                The minimum registered capital for a Hong Kong limited company is HK$10,000, and there is no need for paid-up capital. The business registration certificate (BR) does not show the registered capital, only the company's memorandum and articles of association (A&A). If the client needs to show the registered capital, the company's A&A will suffice.

                                                Hong Kong company registration follows British company law. Therefore, the process is similar to that in the UK. First, you need to sign the Hong Kong company registration agreement, prepay the registration fee, and have shareholders personally sign the legal documents for company registration. The legal documents will be submitted to the Hong Kong Companies Registry and the Inland Revenue Department. After 8 to 10 working days, you will receive the complete set of registration information and can begin operating the company.

There are two types of annual fees: the annual audit and the annual report.
The annual audit by the tax authority and the annual report by the Companies Registry are mandatory fees. Prices may vary due to government adjustments and typically range from HK$3,000 to HK$5,000. Even if the company has no business, this fee must still be paid.
As for accounting and auditing, if the business starts operating, accounting audits must be conducted. If no business occurs, the company is not required to conduct accounting audits. However, tax filing is mandatory.

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