Benefits of setting up a Hong Kong company:

According to statistics from the Hong Kong Companies Registry, the total number of new local companies established in 2021 was 110,840. As of the end of 2021, the total number of local companies registered under the Companies Ordinance was 1,375,172.

Few business scope restrictions: In Hong Kong, you can engage in all businesses except for those require special licenses, such as: banking, insurance, charity, etc.

Fewer name restrictions: To register a Hong Kong company, you only need to choose the company's Chinese and English names. After checking with the Hong Kong Companies Registry that there are no duplicate or sensitive names, you can use the company name to register your company.

Convenient bank operations: As one of the world's financial centers, Hong Kong has no foreign exchange controls. Bank accounts opened in Hong Kong can receive any foreign exchange currencies, and there are no controls on foreign exchange receipts and payments. Foreign exchange settlement and exchange are also very convenient. As long as the funds do not come from sanctioned countries and regions, foreign exchange can be received and paid normally.

No need to operate in HK: As an important hub for Southeast Asia and overseas markets, Hong Kong attracts merchants from all over the world and provides a perfect platform for companies to expand into the international market. After registering a Hong Kong company, you do not need to work in Hong Kong and do not need to rent an office building. You don’t even need to hire any employees. Even if the business or investment is in the mainland or abroad, you can still use a Hong Kong company to conduct commercial activities. The Hong Kong company is only used as a holding or registered address. A complete legal protection system can fully protect your interests.

Low cost: No capital verification is required to register a Hong Kong company, the registered capital can be increased without restriction.

Convenient foreign trade: Convenient to carry out international trade and enhance corporate brand image.

Immigration policy: Registering a Hong Kong company facilitates investors to live and work in Hong Kong.