Malaysia Hotline: +603- 2141 8908
Today,
many investors and entrepreneurs are choosing to set up their businesses
overseas – especially in jurisdictions like Hong Kong. The rationale behind
this trend is to primarily facilitate entry into an international market and to
benefit from tax friendly jurisdictions. Hong Kong is considered one of the
best cities to establish and run a business, as it scores high on factors that
matter to businesses.
Strategic Location
Hong
Kong is strategically located at the heart of the Asian continent. A five-eight
hour flight will connect you to most markets in the Asia-Pacific region. If you
need to tap into the Mainland Chinese market you will find that Hong Kong is
perfectly situated on the southeast coast of Mainland China, flanking the mouth
of the Pearl River Delta. This facilitates travel to and from Hong Kong to
Beijing, Shanghai and other major Chinese cities within a single day.
Ease of doing business
Hong
Kong is renowned for being an easy place to set up a business. You can open
your company in about two weeks’ time in Hong Kong. It is noted for its
excellent infrastructure facilities and business premises are easily available.
Intellectual Property protection is taken seriously, with strict regulations in
place. There are various dispute resolution channels that businesses can avail
of.
Attractive Tax Regime
Taxes
are the main concern for any entrepreneur who intends to set up a business in a
given jurisdiction. In this regard, Hong Kong boasts of being one of the lowest
tax jurisdictions in the world. Personal income tax, or salary tax as it is
known, starts at 2% and goes up to 17% for income above HKD 120,000. Corporate
tax is set at 16.5% of assessable profits for corporations and 15% for
unincorporated businesses.
Business Support & Assistance
A
number of programmes have been established by the Hong Kong government and the
private sector to help your company grow and improve in every aspect of your
business. A number of business support programmes and financial incentives to
foster the growth of SMEs have been established. Organizations such as the Hong
Kong Trade Development Council help international companies do business in the
Mainland and Asia, and also aid Hong Kong companies find new markets.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my