Welcome to ILS World

Hong Kong - A Unique Location For Business

Hong Kong’s unique location has long been recognised as an ideal place in terms of trading with Asia and the rest of the world. Its tax system offers advantages as it is based on source and not on residence.
26th September, 2016

The corporate tax rate in Hong Kong is only 16.5%, there is no VAT and no withholding tax.

Hong Kong companies are popularly used as a holding company of a Wholly Foreign Owned Enterprise (WFOE) for trading in China and also for trading and consultancy businesses. Many young international entrepreneurs will set up a Hong Kong Company and apply for an investment visa to stay in Hong Kong. There is no minimum capital investment and the personal tax rate is as low as 15 per cent.

A Hong Kong company offers a high level of confidentiality as professional third party officers can be used to protect the client name. A minimum of one natural director is required together with a company secretary.

Whilst you are required to prepare company accounts they are not available on public record. The incorporation process is simple and can usually be completed within 24 hours.

ILS is able to provide a complete package to our clients including:

  • Incorporation
  • Director(s)
  • Secretary
  • Registered office
  • Administration
  • Bookkeeping
  • Accounting
  • Payroll
  • Work permit
  • Trademark registration

For further information about our Hong Kong services please contact us.

Managing director Hong Kong

Lilian Cheung
Lilian Cheung
Managing Director Hong Kong
Contact Lilian Cheung
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