Hong Kong
A former British Empire colony, Hong Kong is a unique city. It is famous for its expansive skyline, its energetic streets and its vibrant culture. Influenced by the west, it combines an eccentric mixture of styles, the city is very dynamic and never sleeps. The official languages are Cantonese and English.
Hong Kong is one of the two special administrative regions of the People’s Republic of China, however, it has a different political system from mainland China. Due to low taxation and free trade, Hong Kong has become one of the world’s leading financial centres.
Key Corporate Features |
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|---|---|
General |
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| Basis of Legal System | Common |
| Type of Company | Ltd |
| Tax on Offshore Profits | Nil |
| Redomiciliation Permitted | No |
| Time to Form | 3-4 weeks |
Corporate Requirements |
|
| Minimum Shareholders | 1 |
| Minimum Directors | 1 |
| Corporate Administration | |
| Corporate Directors Permitted | Yes |
Local Requirements |
|
| Registered Office/Agent | Yes |
| Company Secretary | Yes |
| Director | No |
| Meetings | No |
Public Filings |
|
| Directors | Yes |
| Shareholders | Yes |
| Beneficial Owners | No |
Annual Filing Requirements |
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| Annual Return | Yes |
| Audited Accounts | Yes |