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The Complete Guide to Incorporating in Hong Kong

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Sarah Chen
December 15, 20248 min read

Why Hong Kong?

Hong Kong remains one of the world's most business-friendly jurisdictions. Its unique position as a Special Administrative Region of China, combined with its common law legal system and low tax rates, makes it an ideal gateway to Asian markets.

Key Advantages

Territorial Tax System

Hong Kong operates on a territorial tax basis. Only profits sourced in Hong Kong are taxed. If your business earns income from overseas activities, that income is generally tax-free. The corporate tax rate is just 8.25% on the first HKD 2 million of profits, and 16.5% thereafter.

No Capital Gains Tax

Unlike most jurisdictions, Hong Kong doesn't impose capital gains tax. This makes it particularly attractive for investment holdings and businesses expecting significant appreciation in value.

Gateway to China

Hong Kong's proximity and connections to mainland China are unmatched. The Greater Bay Area initiative is integrating Hong Kong with major Chinese cities like Shenzhen and Guangzhou, creating a combined GDP of over $1.5 trillion.

World-Class Financial Infrastructure

Hong Kong hosts the world's fifth-largest stock exchange and serves as Asia's premier financial center. Access to capital, banking services, and financial expertise is readily available.

Company Types

Private Limited Company

The most common structure for foreign businesses. Key features:

Minimum one director (can be non-resident)

Minimum one shareholder (can be corporate)

HKD 1 minimum share capital

Local registered address required

Local company secretary required

Branch Office

Suitable for established foreign companies wanting a presence without creating a separate legal entity. The parent company remains liable for the branch's obligations.

Incorporation Process

With StableCorp, Hong Kong incorporation is streamlined:

1.

**Document Preparation**: We prepare all required documents including Articles of Association and incorporation forms

2.

**Name Approval**: Verify company name availability with the Companies Registry

3.

**Filing**: Submit incorporation documents electronically

4.

**Registration**: Receive Certificate of Incorporation (typically 1-4 business days)

5.

**Post-Incorporation**: Set up business registration, open bank account, and establish compliance systems

Banking Considerations

Hong Kong banks have become more cautious about new account openings, particularly for companies with crypto or fintech activities. StableCorp's banking partnerships help navigate these challenges, providing access to both traditional and digital banking solutions.

Ongoing Compliance

Annual return filing with Companies Registry

Profits tax return (if applicable)

Audit by certified public accountant

Business registration renewal

Is Hong Kong Right for You?

Consider Hong Kong if:

Targeting Asian markets, especially China

Seeking tax efficiency on international income

Need access to sophisticated financial services

Want a common law jurisdiction with strong property rights

At StableCorp, we help founders evaluate Hong Kong against other options like Singapore and determine the best fit for their business model and growth plans.

Ready to incorporate your business?

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