Using Expert Services to Set Up a Company in Hong Kong

Are you looking forward to rapidly growing your company into a multinational? Has your business been underperforming back home, and now you want to explore new markets to boost sales and profits? One of the best options is to set up a company in Hong Kong, a revered business and financial hub globally. But how do you go about it? 

This post is a closer look to demonstrate the special benefits that you should anticipate for taking your company to Hong Kong. We will also tell you why working with Fiducia is the best method to grow your business offshore. 

Here is What You Need to Know about Hong Kong

Before looking at the process of registering a company in Hong Kong, let’s check the numbers that make it distinct: 

• In 2021 the Hong Kong economy grew by 6.4%. 
• Hong Kong is ranked 4th on the United Nations Human Development Index. 
• The jurisdiction has a population of 7.5 million people. 
• Hong Kong has signed the Closer Economic Partnership Agreement (CEPA) with China, a free trade pact that allows local companies to trade tax-free. 
• Hong Kong operates as a free port, which means that most exports and imports are exempted from taxes. 

These numbers highlight a jurisdiction that is overflowing with potential. We must indicate that apart from China that has signed a free trade agreement with Hong Kong, other nations in Asia-Pacific are also within reach. Therefore, as you set up a company in Hong Kong, be sure to factor in the need for expansion to the Far East. 

The Process of Company Registration in Hong Kong 

Although Hong Kong has simplified the process of company registration so much, it is still pretty complex to many investors. Some drop off along the way, while others find the process complicated and expensive. So, what is involved in a company set up in Hong Kong? 

• Creating a name for your company and getting it approved. 
• Selecting the preferred company structure. 
• Getting a company address and company secretary. 
• Preparing all the required documents, from the articles of association to details of directors and shareholders. 
• Opening the company’s bank account. 
• Applying for a Business Registration Certificate (BRC). 
• Getting additional permits and licenses (where necessary). 

Work with Fiducia to Get More than Company Registration 

The best way to register your company in Hong Kong is by working with Fiducia, one of the best agencies in the region. They have been in Hong Kong and Asia Pacific for years, and you can count on them to complete the process quickly and professionally. Here are other benefits to expect from working with experts in a company set up in Hong Kong. 

• Fiducia experts will make sure all the documents are prepared professionally. 
• The professionals help you to select the right company structure and comply with legal requirements. 
• Apart from helping you prepare the documents, Fiducia will also help you in drawing a good market entry strategy. 
• To keep the cost of a company set up in Hong Kong, Fiducia can also act as your address and company secretary. 
• The best part about working with Fiducia is that you do not need to take a flight to Hong Kong. 
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These are only a few reasons why Fiducia is the best choice for a company set up in Hong Kong. Once your company is set up, and in operation, Fiducia will also be there to help with complex executive functions, such as accounting, payroll management, and filing tax returns. Furthermore, the experts are excellent in carrying out due diligence. Visit Fiducia now for all your needs about company setup and operations in Hong Kong.