Hong Kong

We assist global clients looking to do  business in Hong Kong with the A to Z of business setup without the need for the client to travel to Hong Kong. Some of our services include:

Company / Branch registration

Tax registration and obtaining PIN

Regulatory licenses across all sectors

Personal and corporate bank account opening

Accounting and tax support services

Provision of nominee directors and shareholders

Recruitment and employee hiring

Virtual/Physical Office space solutions

Employment and residency visas

The most common corporate structures preferred by foreign investors setting up in Hong Kong include i) the limited liability company (LLC/LTD) and ii) the branch office. See detailed comparison below:

Advantages and disadvantages of Hong Kong business setup:

  • Company setup process is straightforward with professional assistance.
  • Hong Kong offers a flat corporate tax rate of 16.5%.
  • Simple Incorporation Process: The incorporation process in Delaware is fast and efficient, with the option to incorporate in as little as one day, and straightforward maintenance and reporting requirements.
  • Companies can be 100% foreign-owned with no restrictions.
  • Access to a wide range of local and international banking services.
  • Hong Kong is a global financial center, attracting international businesses and investors.
  • There are no restrictions on currency exchange or capital movement.
  • Positioned near Mainland China, Hong Kong serves as a gateway to Asia’s major markets.
  • Availability of abundant highly skilled and qualified labour force.
  • High proficiency in English.
  • High Operating Costs: Office rentals and salaries are expensive, particularly in central business districts.
  • Complex Tax Filing: While tax rates are low, the tax filing process can be complicated and require professional assistance.
  • Limited Domestic Market: Hong Kong has a small population, limiting local business growth opportunities.
  • Strict Regulatory Compliance: Businesses must adhere to rigorous financial and corporate governance regulations.
  • Political Uncertainty: Increasing political tension with Mainland China can create an unpredictable business environment.

Important links:

Company incorporation steps in Hongkong:

  1. Name Verification: Girimba Consulting shall verify availability of the company with the Company Registration Office;
  2. Documents Preparation: Our Team prepares the incorporation documents and emails our Client for signatures and email return;
  3. Certificate of Incorporation: Our Team submits an application for company registration with the Company Registration Office and obtain a certificate of incorporation;
  4. Tax Identification Number: If the director is a foreign national, our team submits an application for a personal tax identification number (TIN) with the Inland Revenue Department;
  5. Corporate Tax Number: Once the certificate of Incorporation, the Company Corporate Tax Certificate shall be automatically issued 2 days after.
  6. Other Registrations: If the Client intends to hire local staff, our Team registers the company with i) MPF (Mandatory Provident Fund) ii) Employer Sponsored Health Schemes and iii) Salaries Tax Scheme;
  7. Bank Account Opening: Girimba Consulting also assists our Client to open a local corporate bank account with a top tier bank in Hong Kong.

    Seek specific business information:

    Let us know more about your business needs by completing the form below. Our team will get back to you within twenty four hours.

    All information provided to Girimba via this form remains confidential, Girimba shall not sell, share or transfer any details to any authority or third parties except as may be required by law. If you however prefer not to fill up the form, you are welcomed to contact us by email or phone directly.

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    Girimba Consulting conducts business with openness, transperancy and honesty.We respect and uphold our Clients’ confidentiality, we offer quality service at affordable rates. Contact us for professional solutions.

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    Clarence S. Carlos

    Regional Cordinator

    Clarence is our regional cordinator and head of business setup secretariat.