We cover the full range of your needs, from registering
a company to obtaining licenses and opening bank accounts.
Registration and support
of foreign companies
in Hong Kong
Request a Commercial Proposal
Low corporate tax rate — 16.5%
No capital gains tax — 0% on capital gains
Support for startups and innovative technologies — flexible conditions for IT companies
Developed infrastructure and access to international markets — high standard of living and business opportunities
Who are we?
LFT Advisors provides international business planning and structuring services. Our team of lawyers, accountants, auditors, and tax consultants helps entrepreneurs effectively manage international projects, ensuring a high level of service and expert support at every stage.
What do we offer?
We provide all the services necessary for business in one place. We work on a one-stop-shop principle, which means you don’t need to engage multiple contractors or incur additional costs. We cover the full range of your needs, from company registration to obtaining licenses and opening bank accounts.
Why choose us?
Every step we take is made with respect and care for your money, reputation, and ambitions. We don’t offer generic solutions – we create personalized tools tailored to your business’s specific tasks and needs.
Collaboration Process
- Initial Consultation:
At this stage, we discuss your business goals and needs to identify the necessary services. - Strategy Development:
We analyze your current situation and develop an individualized action plan aimed at achieving your goals. - Implementation:
We handle all aspects of the process – from company registration to opening bank accounts, licensing, and taxation. - Support and Follow-up:
After a successful launch, we continue to work with you, providing ongoing support, updates, and consultations as needed. - Evaluation of Results:
We regularly assess the results achieved and adjust the strategy as necessary for maximum efficiency in achieving your business objectives.
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Unique Features and Advantages
of Doing Business in Hong Kong
Clear and Efficient Business Setup Process
The company registration process in Hong Kong is clearly defined and swift, allowing entrepreneurs to quickly start their operations and implement international projects. There are no strict residency requirements for directors, making this jurisdiction an excellent choice for business.
Comfortable Tax System
Hong Kong is known for its low tax rates. The corporate income tax rate is only 16.5%, and income generated outside Hong Kong is not taxed (0%). Additionally, there are no taxes on capital gains and dividends, making Hong Kong an ideal jurisdiction for profit management and business structuring.
Stable Legal System and Asset Protection
Hong Kong’s legal system is based on English common law, providing a high level of legal protection for businesses. It also has double taxation avoidance agreements with many countries.
Modern Infrastructure and Easy Access to Global Markets
Hong Kong is one of the leading financial and trade centers, offering access to key markets in Asia and worldwide. Its modern infrastructure, including state-of-the-art office facilities and a reliable banking system, creates excellent opportunities for business management and growth.
Opportunities for Foreign Investors
Hong Kong provides convenience for foreign entrepreneurs to conduct business and offers ample opportunities for networking and entry into international markets.
Why is it profitable for businesses to work in Hong Kong?
Hong Kong attracts businesses due to its low corporate tax rate of only 16.5%, as well as the absence of capital gains tax and dividend taxes. Hong Kong is an important financial center with developed infrastructure and access to international markets, which makes it an ideal platform for trade and financial transactions.
In addition, free trade conditions and protection of property rights are in place, which creates a favorable environment for investment and entrepreneurship.
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Registration of a Foreign Company in Hong Kong
Setting up a company in Hong Kong is a great step for business owners looking to enter the Asian markets. Hong Kong offers vast opportunities in the fields of trade, finance, and IT.
Opening Process
The process of registering and establishing a company in Hong Kong is straightforward, attracting many entrepreneurs due to minimal bureaucratic hurdles and favorable business conditions.
Benefits for Foreign Companies
Foreign companies registered in Hong Kong benefit from low tax rates, a stable legal system, and exceptional opportunities for accessing international markets.
Main steps for setting up a company in Hong Kong:
- Choose the Type of Company
First, you need to choose the type of company. The most common type is a Private Limited Company, as it provides advantages such as limited liability for shareholders and simplified management. - Select a Company Name
The company must have a unique name that meets the requirements of the Hong Kong Companies Registry. The name should not be identical or too similar to existing companies in Hong Kong. Name availability can be checked through the Companies Registry’s online system. - Determine the Company Structure
You need to decide on your company structure, including:
– Directors: Minimum of one director (individual or corporate; resident or non-resident of Hong Kong).
– Shareholders: Minimum of one shareholder (individual or corporate; resident or non-resident of Hong Kong).
– Company Secretary: A corporate secretary must be appointed – an individual or a corporate entity, resident in Hong Kong.
– Registered Address: The company must have a registered physical address in Hong Kong (P.O. boxes are not accepted). - Prepare Statutory Documents
– Memorandum and Articles of Association: These are the primary documents that govern the company’s activities, rights, and responsibilities of shareholders and directors.
– Notification of Office Registration and Appointment of Secretary and Director: Forms for registering the company’s office, secretary, and directors. - Submit the Application to Open a Business in Hong Kong
The application for registration is submitted through the Hong Kong Companies Registry’s electronic system (CR e-Registry). The application must include:
– Completed application form (Form NNC1 for new companies).
– The company’s statutory documents (Memorandum and Articles of Association).
– Identity documents of directors and shareholders.
– Proof of a registered address in Hong Kong.
– Payment of the registration fee. - Obtain the Certificate of Incorporation in Hong Kong
After successfully submitting the application and verifying all documents by the Companies Registry, you will receive the Certificate of Incorporation. This is the legal confirmation that your company is officially registered and can commence business activities. - Register with the Tax Authorities and Obtain a Tax Identification Number in Hong Kong
After establishing the company, you need to register with the Inland Revenue Department of Hong Kong to obtain a Business Registration Certificate and a Taxpayer Identification Number (TIN). The Business Registration Certificate is issued for a period of 1 or 3 years and confirms that your company can conduct business in Hong Kong. - Open a Bank Account
Next, you need to open a bank account in a local bank or one of the payment systems. For this, you must provide the bank with the company’s incorporation documents, information about directors, shareholders, beneficiaries, and details of the company’s activities. - Obtain Necessary Permits and/or Licenses
Depending on the nature of your business, you may need to obtain licenses and/or permits. This can include licenses for trading, financial services, import/export, and other licenses required for conducting business in Hong Kong. - Start the Business and Ongoing Support
After successfully completing all registration steps and opening a bank account, the company can begin its operations. It is essential to remember the annual obligations of submitting reports to the Companies Registry and the Inland Revenue Department, as well as timely renewal of the Business Registration Certificate.
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