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Setting up a Company and Applying for Employment Pass

Setting up a Company in Hong Kong and Applying for an Employment Pass

Services such as opening a business in Hong Kong, setting up a company, company registration and corporate secretarial services, opening a bank account, applying for an employment pass, contract drafting, company regulatory system and licensing consulting services

Opening a Business in Hong Kong

Bestar can help you with all aspects of setting up a business in Hong Kong, from choosing the right company structure to registering your company with the government.

Why Hong Kong

There are many reasons why Hong Kong is a popular destination for businesses, both local and international. Some of the key advantages of starting a business in Hong Kong include:

  • Favorable tax regime: Hong Kong has a low corporate tax rate of 16.5%, and there is no VAT or capital gains tax. This makes it a very tax-efficient place to do business.

  • Free market economy: Hong Kong has a free market economy with minimal government intervention. This makes it easy to start and run a business, and it provides businesses with a lot of flexibility.

  • Strategic location: Hong Kong is located in the heart of Asia, making it an ideal base for businesses that want to reach the Asian market. It is also well-connected to the rest of the world by air and sea.

  • World-class infrastructure: Hong Kong has a world-class infrastructure, including a modern transportation system, a reliable telecommunications network, and a well-educated workforce.

  • Pro-business government: The Hong Kong government is supportive of businesses and offers a variety of programs and services to help businesses succeed.

In addition to these general advantages, Hong Kong also offers specific benefits to businesses in certain industries. For example, Hong Kong is a major financial center and has a well-developed financial services industry. Hong Kong is also a major logistics hub and has a well-developed logistics infrastructure.

Overall, Hong Kong is a great place to start and run a business. It offers a number of advantages, including a favorable tax regime, a free market economy, a strategic location, world-class infrastructure, and a pro-business government.

Here are some additional reasons why international brands want to open stores in Hong Kong:

  • High disposable income: Hong Kong has a high disposable income, making it a good market for luxury goods and other high-end products.

  • Sophisticated consumers: Hong Kong consumers are sophisticated and have a taste for international brands.

  • International reputation: Hong Kong is an international city with a good reputation. This makes it a desirable place for international brands to have a presence.

If you are thinking about starting a business in Hong Kong, or if you are an international brand that is considering opening a store in Hong Kong, do your research and learn more about the advantages that Hong Kong has to offer.

Bestar offers a comprehensive range of business services, including:

  • Setting up a company: Bestar can help you with all the steps involved in setting up a company in Hong Kong, including preparing the necessary paperwork, submitting your application to the government, and obtaining the necessary permits and licenses.

  • Company registration and corporate secretarial services: Bestar can handle all of your company registration and corporate secretarial needs, such as maintaining your company's statutory records, filing annual returns, and holding company meetings.

  • Opening a bank account: Bestar can help you open a bank account in Hong Kong for your business.

  • Applying for an employment pass: Bestar can help you apply for an employment pass in Hong Kong for your employees.

  • Contract drafting: Bestar can help you draft contracts for your business, such as employment contracts, commercial contracts, and non-disclosure agreements.

  • Company regulatory system and licensing consulting services: Bestar can advise you on the company regulatory system in Hong Kong and help you obtain the necessary permits and licenses for your business.

In addition to these services, Bestar also offers a variety of other business services, such as accounting, auditing, and tax planning.

Setting up a Company in Hong Kong and Applying for an Employment Pass

If you are interested in starting a business in Hong Kong, or if you need help with any of the business services listed above, contact Bestar for a consultation.

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