Indeed, provided that they are not the only real director or shareholder and they are a Hong Kong resident simultaneously.
A foreigner is qualified for one hundred% ownership rights of a company incorporated and situated in Hong Kong. The regulation would not impose local residency requirements, which means that the only real director might be any non-Hongkonger while not having to have ties or citizenship below; A different extra benefit with this kind of enterprise construction? No physical handle is necessary!
No matter if there was business activity or not, each and every company registered in Hong Kong, Until expressly exempt, ought to file with the Inland Revenue Division (IRD) their annual audited accounts and yearly tax return;
Just after obtaining the above-outlined paperwork, the bank will open a provisional account within the title of the company.
Easy-to-use bookkeeping Resolution that may help you take care of your funds and conserve on taxes, even though you don't have a company checking account but.
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Following receiving the encashment certification, a handful of files you can try this out must be submitted for the RJSC specifically AOA, MOA, and encashment certification in conjunction with all other important information.