
How to Open a Company in Hong Kong: Step-by-Step Guide
In today's world, business is increasingly going beyond the borders of one country. And if you're looking for a stable, transparent, and at the same time profitable jurisdiction to launch a new venture, you should pay attention to Hong Kong. Simple rules, an attractive tax system, and clear legal procedures operate here. It’s no coincidence that many entrepreneurs choose this location to open company in Hong Kong and enter the Asian market.
Why Hong Kong Is Popular Among Entrepreneurs
Hong Kong has long been among the best places in the world to do business — and that’s no accident. Registering a company here is a simple and quick procedure, especially compared to Western countries.
The main reasons why entrepreneurs choose Hong Kong:
Transparent legal system based on English common law
Low taxes — the profit tax rate is 8.25% on the first HK$2 million
No value-added tax (VAT)
100% foreign ownership allowed
No currency controls — money can be freely transferred
High level of property rights protection
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