Hong Kong

Hong Kong, the most important city in Asia and leading in Financial service, including Banking, Insurancing and investment. It also provides full and all kind service in Law and accounting.
To incorporate a Hong Kong company, the ending of the company name should be Limited or LIMITED.
Company can finished incorporated within one working day using urgent service, or five working days using normal service.
Hong Kong company need to do audit report after eighteen months from the incorporated date and annually. Need to pay tax with 16.5% for net profit from Hong Kong and overseas income may be exempt from taxation upon approval by the tax authorities.
From 2018, The Two-tier profits tax system passed its third reading in the Legislative Council.  Commencing from the year of assessment 2018/19, tax relief will be provided to small and medium-sized enterprises by the two-tier profits tax system.  Profit under HK$2,000,000 can enjoy 8.25% tax rate.

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