Hong Kong

Location

Located in the southern area of Mainland

Economy

One of the world's 5 biggest financial centers. Close to China market. Modern Finance and Company regulations. One of the important stock markets in Asia.

Language

English, Chinese and Cantonese

Legal System

English common law

Incorporation

Hong Kong Company
Type	Limited Company
Name	End with "Limited"
Capital	No Min.
Share	No restriction on the type of the shares.
Share Index	Yes
Registered Agent	Yes
Registered Address	Yes
Public Disclosure	Yes
Min. Shareholder	At least one
Min. Director	At least one
Disclosure of Shareholder	Yes
Disclosure of Director	Yes
Trading restriction	No
Taxation	Income Tax rate is 16.5%; But it will be free tax if the income arisen from non-HK resource.
Financial Statement	Yes
Tax Returns	Yes
Account Filing	Yes
Audit Report	Yes
Accounting	Yes
Incorporation Cost	USD1,300
Annual Fee	USD1,200

Tax Treaty

Tax Rate:%
*Foot note
Domestic Withholding Tax Rates for Hong Kong
Dividends: 0
Interest: 0
Royalties: 4.95/16.5 *

Treaty Partner	Dividends *	Interest *	Royalties
Austria	0	0	3
Belgium	0	0	4.95*
Brunei	0	0	4.95*
China	0	0	D
France	0	0	4.95*
Hungary	0	0	4.95*
Ireland	0	0	3
Japan	0	0	4.95*
Liechtenstein	0	0	3
Luxembourg	0	0	3
Netherlands	0	0	3
New Zealand	0	0	4.95*
Thailand	0	0	4.95*
United Kingdom	0	0	3
Vietnam	0	0	4.95*

Note 1:Royalty payments made to an unaffiliated nonresident for the use of intangibles in Hong Kong are deemed to be taxable in Hong Kong. The amount deemed taxable is 30% of the gross amount of the royalties paid, resulting in an effective rate of 4.95%. If the royalty is paid to an affiliated nonresident for the use of intangibles in Hong Kong, 100% of the royalty amount is deemed to be taxable, resulting in an effective rate of 16.5%.

Note 2:Hong Kong does not impose withholding tax on dividends and interest paid to a nonresident

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