Friday 18 April 2014

Establishing an Offshore Incorporation in Hong Kong

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The British culture influence is clearly seen in Hong Kong. Though, it has got freedom from British but the work culture is still under a spell of Britain. The ever growing economy and low tax on businesses are key features of Hong Kong. It offers entrepreneurship and prosperity for foreigners and its residents. Any foreign investor who is keen to invest in East Asia can feel free to invest in Hong Kong. The government of Hong Kong has set up easy company formation rules for foreigners. It is advisable to start a business in the place after understanding its business culture, scope and rules for businesses.

To start a business in the place, the initial phase is company registration. Ensure that the name you have chosen for your company is matching well with Hong Kong’s business name rules.  It is necessary to confirm that the name you have chosen for your company is unique. The registration should be done at least a month before your company establishment.

It is important to setup your office in Hong Kong. The office address should be registered.  There are wide varieties of office setup services offered such as leasing an office, virtual office or industrial building. According to your needs and budget you can book an office for your company work production.

Opening a bank account is another very important phase. For foreigners, account creation is vary bank to bank. There are some rules that match well with all the banks of Hong Kong. It is important that your company is registered before opening a bank account. The registered office address proof is required to submit. A bank account is open with a certain amount of deposit that you need to clear from the bank.

If you want to get yourself out from the hassle of company registration, office setup and offshore banking, you can consult an offshore incorporation. It will help you setting up your business abroad. These agencies are expert in dealing with business formation issues. They offer different types of company formation packages—budget, individual and premier packages. According to the needs and budget, offshore investors can choose a package. These agencies are expert in handling offshore business by providing adequate help. They provide assistance for office work, appointing employees and even ready to handle your company accounting work. Today, a large number of offshore incorporation agencies available. Foreign investors have the opportunity to compare services and pricing in order to find out the best company formation package.

Want to learn more about Offshore Incorporation in Hong Kong, Visit www.ukincorporation.co.uk/hong-kong

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