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Hong Kong Company
Hong Kong Company
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Hong Kong Economic Sectors
- š¼ Finance and Insurance
- š Import/Export, Wholesale, and Retail Trades
- š¢ Real Estate, Professional, and Business Services
- š„ Public Administration, Social, and Personal Services
- š Manufacturing (Secondary Production)
Merits of Hong Kong Companies
- š Ease of Company Incorporation: Quick, straightforward, and no restrictions on overseas directors.
- š° Low Taxes: Corporate tax at 16.5%, personal income taxes are also low.
- š Business Privacy: Directors can be foreign companies.
- š Stable Economy: Astute pandemic management and business continuity.
- āļø Robust Legal Protection: Common law system.
- š World-Class Infrastructure: Efficient logistics and support services.
Tax Incentives
- š Halved Corporate Tax Rate: 8.25% for eligible companies (profits within HK$2 million).
- š§ Tax Deductions: Especially on capital expenditures (e.g., machinery).
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