Company formation in Hong Kong
is substantially different from that in Indonesia. The two jurisdictions have distinct requirements for company incorporation and they have different degrees of restriction for investments in certain fields.
Both countries offer opportunities for investments and the choice between Hong Kong and Indonesia can depend on the type of business and the field in which foreign entrepreneurs wish to invest. Hong Kong is known for being an established global business center and many investors who operate in the services industry will choose to open a Hong Kong company.
Company incorporation in Indonesia
Indonesia is a country that is seeing a growth in the total number of foreign direct investments. The developing policies are making it easier to entrepreneurs to establish a company and the low-cost workforce here is often a characteristic that is beneficial for investments in some fields. However, foreign company formation is much more restricted in Indonesia compared to Hong Kong.
Foreign investors in Indonesia are allowed to open a type of company that has full foreign ownership, still, some business fields are highly restricted and foreign investments are not allowed in certain areas. In some cases, foreign entrepreneurs may form a partnership with a local company or investors in order to be able to enter certain business fields.
Company incorporation in Hong Kong
Unlike Indonesia, Hong Kong
has very permissive laws for foreign investments
. The city is a worldwide business and financial center and many foreign corporations have already established branches
All types of companies can be incorporated by foreign investors are there are no restrictions for the investment fields. Nevertheless, certain business sectors require special permits and licenses
Company registration in Hong Kong
is subject to a series of requirements, including selecting a unique business name, opening a bank account, registering the company with the Companies Registry
and having a local address for the legal entity.
Investors who want to open a Hong Kong company can request the services provided by a specialist in company formation.