A SECRET WEAPON FOR OPEN CORPORATE BANK ACCOUNT

A Secret Weapon For open corporate bank account

A Secret Weapon For open corporate bank account

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Cash flow sourced elsewhere, even remitted to Hong Kong, isn't issue to Hong Kong cash flow tax. The at this time relevant earnings tax price quantities to 16.five% for the time being.

Corporate tax is levied on gain obtained from resources in Hong Kong at charge of sixteen.fifteen%. If company did non run company in HK and procure cash in on earnings in HK, its earnings is not taxable.

you're employed specifically by using a accredited Hong Kong services company (read through more details on our Hong Kong license), and therefore:

Additionally the banks are all anxious they could get fined and even even worse banned through the US money process.

Even though it can be technically feasible to accomplish every thing remotely, the bank account is important to come in. It easier to help make the journey to Hong Kong for a few days and just manage it in person. You can even network a tad with a few magnificent organizations that happen to be growing up within the region.

For company styles besides private, Licensed correct copies with the financial statements is obligatory together with form NAR1. The documents also have to have the report on the auditors as well as the report of the directors.

Banks might inquire you who your primary prospects and suppliers are; their places; your regular monthly turnover; key currencies you intend to bank; physical street address within your company and so on.

Utilization of our Office environment deal with as your company’s registered Business handle for one particular year for receipt of mail through the Hong Kong Governing administration which include govt notices and tax returns.

Provision of Digital copies of your company registration documents and a person set of CPA Qualified genuine copies.

We also demand each shareholder and every director supply a copy of a utility bill or bank statement dated throughout the final 60 days showing their recent household address. 

The preferred path to incorporating an offshore company in Hong Kong is by using the services of knowledgeable services business resulting from the benefits below:

You then have the choice to print your application and deliver it to us or simply pay back straight using your bank cards or Paypal so we will hong kong company formation fee commence the method right away.

Following the company is setup, some may assist with the company filing and become completely fingers off likely ahead. Usually Absolutely everyone will consist of a company handle and secretary services for your year.

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