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How to open a business in Hong Kong?
It's easier to open a company in Hong Kong than to register on Facebook. Harsh Chinese laws have bypassed this administrative region of China, so it is much easier to start a business here than on the mainland. How can I open a company in Hong Kong without even visiting it? And how do you not fall for the bait of scammers? Read below.
Advantages of setting up a company in Hong Kong
Hong Kong's economy is one of the most liberal in the world. Therefore, you can open a company here quickly and cheaply: you will pay only 1730 HKD to the government (Hong Kong dollar) for its registration and 250 HKD for the confirmation certificate. In addition, you don't even have to fly to Hong Kong to do this. In China, there are agencies that are ready for a fee to "give" you a registered local office and a Secretary who will do everything for you. This service will cost you 5000-6000 HDK per year.
Hong Kong is a major banking center, and as soon as you set up a company there, you will have the opportunity to open a multi — currency account with the best banks in the world-HSBC or Hang Seng Bank. For the company to operate in the Hong Kong market, you can also open accounts outside of it, for example, in Singapore or Switzerland.