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An Easy to Use Tool for Company Formation in Hong Kong

2017-09-19

Our company registration experts in Hong Kong launched a new tool suited to the needs of investors who wish to open a Hong Kong company but cannot be present in the city during the incorporation phase. With our new tool, you can quickly go through the preliminary steps for company formation and then use our services for document submission and registration with the Companies Registry.

Hong Kong and Saudi Arabia Sign a Double Tax Treaty

2017-09-15

Hong Kong and Saudi Arabia have concluded a double tax agreement for the avoidance of taxation on income from both jurisdictions. The treaty defines the taxation rights each of the two jurisdictions has in respect to income derived by companies operating in both places. One of our Hong Kong company formation agents is able to provide you with comprehensive information on the treaty conditions and how they apply to foreign investors in Hong Kong from Saudi Arabia.

Investments from China, Main Source of FDI in Hong Kong

2017-09-14

More than half of the total amount of foreign direct investment received by Hog Kong in the first half of 2017 comes from Chinese sources, according to CBRE. Most investment directions included sovereign wealth funds and real estate investments. Foreign investors in Hong Kong from China benefit from an attractive tax regime and an easy procedure for company formation in Hong Kong.

Stronger GDP Growth Predicted for 2017

2017-08-23
The positive evolution of private consumption and investments in Hong Kong has determined specialists to revise their GDP growth predictions for 2017. Hong Kong’s economy grew by 3.8% on a year-on-year basis. China remains the leading source of foreign capital inflows. Investors from the Mainland who are interested in company formation in Hong Kong can request specialized help from one of our experts.

New Tax Incentives for the I&T Sector in Hong Kong

2017-08-22

Innovative companies in Hong Kong have a new set of benefits in store for them, starting with October. Hong Kong’s Chief Executive will announce them in her Policy Address in October. The innovation and technology sector in Hong Kong (I&T ) will also benefit from a new, dedicated venture fund. Our company formation agents in Hong Kong can provide complete information about this business sector and the existing benefits for companies.

Economic Growth in Quarter 2 of 2017 in Hong Kong

2017-08-21
Hong Kong recorded a 3.8% growth during the second quarter of 2017, making it necessary for specialists to revise their predictions for the GDP growth forecast this year. This recorded growth is compared to the same period in 2016. The increase is due to investments in Hong Kong, in part, and to exports. Company formation in Hong Kong is an easy process and investors are likely to have an increased investment sentiment, due to this positive evolution.
 

Newly Proposed Tax Breaks for Small Companies in Hong Kong

2017-07-19

A new tax policy unit within the Government will consider the implementation of a new set of tax breaks for small companies in Hong Kong. New Chief Executive, Carrie Lam, first introduced the proposal. Our company formation agents in Hong Kong can give you more details on these proposed tax breaks and whether or not the system will apply to your business.

Increased Number of Newly Registered Companies in Hong Kong

2017-07-18

Hong Kong has seen a rise in the total number of registered companies. At the end of June, there were more than 30,000 newly registered companies, compared to the end of 2016. This year, more than 80,000 companies were registered in the first six months, out of which approximately 20,000 were incorporated via the online platform. Company registration in Hong Kong is straightforward, especially if all the documents are in order and prepared beforehand. 

Hong Kong and China Relations Remain Strong

2017-07-17

China and Hong Kong maintain a very close business relation, despite the differences between their business regimes and the fact that the Mainland is opening up to the world more in recent years. Hong Kong is an important business hub in Asia and many foreign investors open a Hong Kong company to use it as a springboard for their business activities and investments in the Mainland. 

Hong Kong and Australia Sign an Agreement to Favor Fintech Firms

2017-07-14

Hong Kong and Australia have signed an agreement to allow for a better cooperation and support for financial innovation between the two jurisdictions. This new agreement tightens the existing relations built between Hong Kong and Australia, including their trade and investment relationship. Foreign investors from Australia who want to open a Hong Kong company can further benefit once the fintech agreement enters into force. 

Another Increase in Hong Kong Exports in March

2017-05-29

The volume of exported goods in Hong Kong grew by 15% n March, compared to the same month last year. The total quantity of imported goods also rose according to the Census and Statistics Department. Many of the entrepreneurs who are interested in company formation in Hong Kong choose a business field that is connected to trade or that produces exportable goods. 

The Hong Kong Government to Revise its Industrial Estate Policy to Attract Investment

2017-05-27

Hong Kong officials plan on revising the city’s industrial estate policy in order to endorse re-industrialization. The purpose is also to attract new investments in value-added technology industries and to increase the manufacturing processes. Investors in business sectors that qualify as technologically innovative could benefit from these measures if they intend to open a Hong Kong company

Significant Increase in Hong Kong's GDP at the Start of 2017

2017-05-22

Hong Kong’s gross domestic product increased by 4.3% during the first quarter of 2017 shows the date released by Hang Seng Bank. The growth is part due to an increase in consumer spending and part due to more property investments. Based on this data, the growth of the investment sentiment in the city could make room for more company formation in Hong Kong as consumer spending and demand continues its positive evolution. 

Hong Kong to Start Free Trade Negotiations with Australia

2017-05-09

The Hong Kong Government entered a new negotiation phase for a free trade agreement with Australia. The two jurisdictions have been negotiating the areas that should be covered by such a treaty and plan on starting the negotiations. Some of the most important changes, ones that could determine Australian investors to open a Hong Kong company, would include some tax changes and eliminations.

Hong Kong vs. Singapore as a Financial Centre

2017-05-03
Hong Kong and Singapore have been the competitors for Asia’s top financial hub for a very long time. Despite the fact that it may be easy to presume that both cities are constantly shifting between first and second place based on the local economic evolution, their unique characteristics, as well as the changes in their financial markets, are not to be overlooked when analyzing which is the top financial hub in Asia. Hong Kong company formation is straightforward and accessible for many foreign investors, but is Singapore more suitable for the growth of capital markets? We take a look at the advantages in both cities.

Predicted GDP Growth in Hong Kong in 2017

2017-04-21

The initial prediction for Hong Kong’s GDP rate increase in 2017 was lower than the one predicted in the latest forecast. A 2.4% increase is expected, compared to only 1.8% as initially predicted. This positive evolution is due, in part, to Mainland China’s recovery. Investors who are interested in Hong Kong company formation can use the predictions released until this point for several industries, including tourism and services.

Hong Kong, Attracting More Fintech Firms

2017-04-14

The number of fintech start-ups in Hong Kong increased by about 60% during 2015-2016, according to the Hong Kong Startup profiling Survey. Moreover, this growing business field that shows important potential has also been a major recipient of investment: some 400 million US $ venture capital investment in fintech took place in the city in the analysed period. The Hong Kong company formation process is quick and easy for all types of companies, an advantage for those who are considering opening a fintecth start-up in the city.

Hong Kong's New Chief Executive Believes in a Tax Reform

2017-04-04

Hong Kong’s newly elected Chief eEecutive, Carrie Lam, stated in her first speech after the election that she plans on following a new tax policy. She highlighted the fact that she does not intend to change the low and simple taxation regime but will look towards introducing new tax breaks. Investors who are interested in Hong Kong company formation already benefit from a very advantageous tax regime. Nevertheless, new tax breaks would further increase the territory’s attractiveness.

Total Exports Value Growth in Hong Kong

2017-04-03
The total value of goods exported from Hong Kong rose by 18.2% in February, on a year-on-year comparison. Both the value of re-exports and that of the domestic exports increased, as per the data released by the Census and Statistics Department. Company formation in Hong Kong for trading companies is similar to the process required for any type of company. A notable difference is that these businesses need special licensing. 
 

Hong Kong, More Affordable for Expats than Singapore

2017-03-26

Hong Kong and Singapore are both in the top choices of cities for expats. They are dynamic and competitive cities that combine both the Asian and the Western cultures. This makes them a top choice both for foreign investors and for expats who want to relocate here. According to a cost of living survey ordered by the Economist Intelligence Unit, Hong Kong and Singapore are included in the top ten cities for expats with a high cost of living. However, Hong Kong remains the more affordable option for expats who want to relocate in the Asia-Pacific region. 

Hong Kong Remains in the Top of the Asian Competitiveness Report

2017-03-24

Hong Kong remains in top three of the Asian Competitiveness report as the city with the most robust economy in the region. The survey was released as part of the Asian Annual Conference in Hainan province, China. The Special Administrative region has a number of undeniable characteristics that are advantageous for all those investors who are interested in Hong Kong company formation

Plans to Allow for New Aircraft Leasing Incentives in Hong Kong

2017-03-17

A recent Inland Revenue Amendment includes measures that would increase the city’s attractiveness as a center for aircraft leasing. This initiative would mark the Government’s intention to strengthen another business sector in Hong Kong, apart from the traditional financial and professional services sectors. Aircraft financing is, in this context, a good business proposition for investors in Hong Kong, which the number of commercial aircraft to increase substantially over the next years.

Co-working Spaces and Communities in Hong Kong

2017-03-16

Co-working spaces can be a most welcomed solution for growing businesses and investors in Hong Kong who also want to expand their professional network. The city is a financial hot spot in Asia and many start-ups are taking their first steps here. The easy company registration in Hong Kong and the lack of requirements for a minimum share capital are two important considerations for investors. Moreso, those who are looking to budget their start-up can consider managing their business from a co-working space in Hong Kong

Plans to Improve the Tax Insurance Incentives in Hong Kong

2017-03-10

A series of new policies, including tax measures for the insurance industry, were presented by the Hong Kong Financial Services Department at the beginning of the month. These changes aim to improve the city’s position as a well-known insurance hub in the Asia-Pacific region. Hong Kong is a business hub and one that offers investors, particularly advantageous tax requirements. Investors who want to open a Hong Kong company in the financial or insurance sector often choose this jurisdiction because of the tax measures.

Free Waivers Introduced in the Tourism Sector in Hong Kong as of 2017

2017-03-09

Hong Kong’s tourism industry was one of the favored industries after the 2017 Budget was drawn up. The relief measures planned for this sector include an important one-year waiver for travel agents. The entire tourism industry, however, will benefit from the new Budget measures: the waiver will also apply to hotels and restaurants in Hong Kong. Investors who want to start a travel business in the city or open a Hong Kong company can benefit from this change in 2017. 

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