A Hong Kong ltd. can operate both as a holding company and an International commercial/ service provider entity.
A Hong Kong LTD-S HAVE to provide annual audit and tax filing to the local authorities which proves that they don’t proceed economic activity in the territory of Hong Kong. In that case the company is entitled to tax exemption. Hong Kong has double taxation avoiding agreements with many countries in the World.
It is sufficient if the DIRECTOR of the company informs the TAX OFFICE ONCY ANNUALLY about the operations in the previous tax year.
The accountant fee starts at 150 USD/ MONTH including the annual audit fee. (Fees vary on the amount of invoices). The director has to submit an employee declaration which costs 180 USD yearly.
Company registration costs 3,200 USD. This fee includes the first year compulsory secretary service, management service, 1 year registered office service, apostilled legal documents, shares and courier fees.
The renewal fee is 1,450 USD which should be paid in the 12th months after the foundation. The fee includes the state tax, compulsory secretary service, management service, 1 year registered office service.
We can open bank account for your company remotely in Liechtenstein or personally in Singapore for 500 Usd/bank account.