Deregistration of Private company Did you decide to deregister Hong Kong business? Please be reminded that your Hong Kong company must be deregistered as well.
The term “Offshore bank account” refers to a bank account opened in a jurisdiction different from where the company is incorporated. For instance, a company incorporated in Hong Kong might have an offshore bank account in Switzerland, Singapore, Puerto Rico or Mauritius. Conversely, an “Onshore bank account” is located in the…
Stripe allows you to accept payments over the Internet and provides the technical and banking infrastructure required to operate online payment systems.
Have you been ever wondering why you should open a bank account out of Hong Kong? Here is JUST A FEW advantages that international banking may bring to you and your company.
Setting up a company in Hong Kong just became easier. The Inland Revenue Department lowered the Business Registration Fee and Business Certificate Renewal fee and made business in Hong Kong more affordable.
Hong Kong is famous for its tax-friendly environment. One of many advantages is that only profits derived from Hong Kong are chargeable to Profits Tax. The current rate is 16.5%. If your Hong Kong company’s profit is sourced elsewhere, the profit is then free from profits tax.