You can hire an agent to help you in how to set up Hong Kong offshore company formation, or you may go about doing it yourself by using the online services available. In either case, you will need to complete a detailed set of papers, which include the Memorandum Of Association, Articles Of Association Of Limited Company. In addition to this, you will also need to fill out and sign a Registration Of Company and register it at the Companies Office in Hong Kong.
How to set up a limited company in Hong Kong? Hong Kong Offshore Company Formation Benefits. The main reasons why setting up an offshore corporation in Hong Kong is considered to be the best choice are: The most obvious benefits of establishing an offshore company in Hong Kong include tax and financial incentives. Hong Kong is rated as one of the best places to do business in Asia. Setting up an offshore Hong Kong corporation is so easy and quick, without any red-tape or needless bureaucracy.
With all these advantages, the question arises as to how to set up a limited company in Hong Kong, the way you can get it done elsewhere. Well, it’s not that hard; and we are going to tell you how to set up an offshore corporation in Hong Kong with minimum cost. Firstly, make sure you have a computer with internet access. You will need this for the setup process. Second, you will need to have a blank business card with your name and contact details printed on it.
Most companies provide blank business cards free of charge for such purposes. You may want to get hold of a few blank cards, which are available in the office supply shop. And finally, you will need to get yourself an address book, a pen, a pencil, and paper.
Once you have everything ready, you can now get started on how to set up an offshore Hong Kong limited company. You must first have your chosen company name printed, and you will also need to fill out the necessary forms for the initial registration with the Hong Kong authorities.
The last step in how to set up a limited company in Hong Kong is to appoint a director (or a secretary), and the secretary will be responsible for the day to day running of the firm. This person will be in charge of all correspondence, handling the accounts, and handling the general administration of the company.
For any legal issues, you will also need to take care of it and communicate with your lawyer as soon as possible. There are a lot of lawyers who can help you in this regard.
The last and final part of how to set up a limited company in Hong Kong is to open an account at an online banking service, and you will need to apply to open a bank account. You will also have to set up your business bank account with your chosen bank, which is the Hong Kong branch of your chosen offshore bank. Then you can sign a register agreement form and pay the registration fee, with the payment being taken out of the company’s funds.