Incorporate a company in Hong Kong to have these advantages:
- Political and social stability
- Legal system based on English common law
- Center for international trade
- Low tax rates 17.5% on assessable income to no taxes for income earned offshore
- No currency controls
- Only one shareholder and director required
- Shelf companies are available
- Efficient transport and communication networks
- Freest economy in the world
Hong Kong is located in the South China Sea, and is spread across several islands as well as the mainland. The main areas are Hong Kong Island, Kowloon, and the New territories. In addition, it has the world’s most perfect natural harbour, called Victoria Harbour. The population is a staggering 6.3 million, making it one of the most densely populated areas of the world. Most of the residents are Chinese. The two official languages are English and Chinese. English tends to be used more for political and commercial purposes, while Cantonese is used everywhere else.