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How To Incorporate Offshore Company In Hong Kong Through Legal Agencies
Hong Kong is a good prospect for entrepreneur or investor seeking for offshore company incorporation in any Asian country. The country is a right destination to do business setup as it offers several benefits for foreigners such as lower tax rate (16.5% for corporate businesses), easy process of business registration, tax exemptions for foreigner businesses, suitable corporate environment, economic stability, political support, security of property, and so on. These are few reasonable profits that attract global businessmen to do offshore company setup in Hong Kong with zeal.
So, if you are also looking for offshore company setup in Hong Kong, you need to follow all legal requirements involved in the process:
1. Hong Kong Offshore Company Name
You should start process of Hong Kong offshore company formation by setting up genuine name of the company first. You need to ensure the company’s name is unique and does not match to the name of other companies in industry.
2. Directors and Shareholders
You should have to appoint at least one resident director and shareholder of the company. But the numbers of shareholders in offshore company can be raised up to 50 maximum. In a foreigner company, shareholders can share 100% of shares in the firm. In Hong Kong, an offshore company is not permitted to own shares in other companies.
3. Minimum Paid-Capital for Business
A foreign offshore company should have minimum paid-capital up to $1 HK.
4. Registered Address Proof and other Legal Details
You also need to submit company’s registered address proof along with bank account detail, contact numbers, etc., to the government for identity proofs.
5. Company Secretary
It is also mandatory for every Hong Kong Company to appoint a professional company secretary in-house after completing six months of offshore company incorporation.
Thus, above are some genuine requirements for setting up offshore company in Hong Kong through legal ways. For more details about legal requirements and documentation works, you may approach to any business consultant or registration agency in Hong Kong too.
Role of Business Registration Service Agencies in Hong Kong for Offshore Company Formation
If you are not able to manage and fulfill legal requirements of offshore company formation in Hong Kong, you can also take aid of genuine business registration agencies in the country too. At the reputed agency, you will get complete support for offshore company setup in Hong Kong through legal ways. The agencies have professional corporate advisors, legal experts, and executives, who will take care of your offshore company formation project and will manage its all requirements as well as documentation works on their own. Also, they will follow up the online process of offshore company registration through legal portal of Hong Kong Manpower department and will submit all legal requirements to the authorities for verification of company’s documents and other proofs too.
Also, you can take legal advice for Hong Kong company formation and its related norms in the country from business consultants available at registration agencies in Hong Kong. Hence, you will get all possible solution and legal support from top-notch business registration companies in Hong Kong to get your company setup in the country easily.
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