How to Start Business in Hong Kong ? | Hong Kong Company Formation Legal Process and Requirements

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Company Incorporation in Hong Kong
Many foreign businesses wish to expand their business to Hong Kong as they want to be a part of this magnificent economy. Certain important benefits of Company Incorporation in Hong Kong are mentioned below-
Hong Kong boasts of an open and highly market-driven economy, which suffers very little intervention from the Government.
Offshore business activities are made 100% tax-free. Your company needs to pay taxes only on the profits made in Hong Kong.
You will not be required to make any capital investment to incorporate a company in Hong Kong. A shareholder just needs to sign an M&A along with a declaration to contribute towards the company’s capital.
You do not need to have a local person as a director/shareholder to incorporate a company in Hong Kong
In Hong Kong, it’s fairly easy for a foreign national to open an offshore bank account. Upon submission of their address proof, passport and company incorporation documents, a multi-currency account can be opened within just a few days.
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