Virtual office is basically shared office services, which includes business address, mail and courier services, phone services, fax services, answering services and meeting & conference facilities.   A Hong Kong Virtual Office is ideal for: 1. Having a requirement to hold meetings in the city but no requirement for a full time office 2. People ...

Under the Hong Kong Inland Revenue Ordinance “Hong Kong adopts territorial basis for taxing profits derived from a trade, professional, or business carried on in Hong Kong. Profits Tax is only charged on profits which arise in or are derived from Hong Kong “.  In simple terms this means that a person who carries on ...

Hong Kong company annual returns, any limited liability companies in Hong Kong should file annual returns to the department of the Company Registry and the Inland Revenue.   For a private company having a share capital, you have to file, once in every year, an annual return within 42 days after the company’s most recent ...

Closing down a company in Hong Kong involves a certain number of formal steps and the overall process can take around 6 months to complete as it depending on how the company is being closed and the complexity of the case.   There is 2 ways of closing down a company, deregistration or winding up. ...

Foreign companies that wish to gain market insight, exposure and a better understanding of the Hong Kong business environment before setting up a full-scaled office can look for establishing a representative office first.    A Hong Kong representative office is only an extension arm of the overseas company.  The Hong Kong representative office will not carry ...

Hong Kong Representative Office is for foreign company to undertake promotional and liaison activities on behalf of its parent company. The Hong Kong Representative Office is directly or on behalf of its parent company, must not be engaged in business, conclude contracts, provide consultancy for a fee, undertake transshipment of goods, or open or negotiate any letters of credit. The Hong ...

Corporate Structuring and Restructuring is often performed by corporate structures to achieve their business and commercial objectives. Corporate structuring and restructuring services include the following: 1. Advice on regional corporate structuring, restructuring and reorganisation. 2. Dedicated corporate structuring solutions for regional share and asset acquisitions. 3. Advice on corporate structuring and licensing to fit multi-jurisdictional ...

The most common type of business entity registered in Hong Kong is a private limited liability company. Limited liability companies have a separate legal personality, limited liability for its owners, strong public perception and an enduring structure; raising capital and transfer of ownership is easier when compared to other business structures such as sole proprietorship ...

Under Hong Kong laws, anyone may incorporate a limited company in Hong Kong. There is no national restriction on shareholder and director. At least one shareholder and one director will do.   For Hong Kong company incorporation procedure, you may refer to the following chart: Contact us If you have further queries, please contact Tannet ...

Investors are free to make choice of their Hong Kong Company name but must follow certain rule set by Companies Register.     General Requirement A Hong Kong company may be registered with an English name, a Chinese name, or an English Name and a Chinese name. A company name with a combination of English ...