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