• CORPORATE SERVICES

    Our corporate services are provided under the name of Fidelity Services Limited (TCSP license no. TC006710).

    Company formation

    Provision of registered office

    Maintaining the company’s records

    Preparing and filing of returns with the government authorities

    Change of corporate structures such as a change in director or shareholding

    Charities / NGO

    Deregistration / Dissolution / Cessation

    Jurisdictions

  • Hong Kong Company Formation

    Incorporating advantages to a business and its owners: protection from personal liability for business debts, better access to financing for business activities, simple transfer of business ownership through the disposal of shares and more efficient tax risk management through access to corporation tax rates and international tax treaties.

    Incorporating Advantages

    Hong Kong is one of the most open economies in the world, and the tax regime is simple and predictable. Hong Kong introduced the two-tiered profits tax rates regime, the profits tax rate for the first HK$2 million of assessable profits will be lowered to 8.25% for corporations and 7.5% (half of the standard rate) for unincorporated businesses. Assessable profits above HK$2 million will continue to be subject to the rate of 16.5% for corporations and standard rate of 15% for unincorporated businesses. Actual tax bill is even less after various deductions and depreciation allowances.

    There are no restrictions on inbound or outbound investment, investors own up to 100% of the equity. The freedom of capital movement, sound legal system, efficient transportation system, free flow of information and the use of English in business have contributed to being a major financial and commercial centre.

    Incorporation is the legal process used to form a corporate entity or company. A corporation is a legal entity that is separate from its owners, with its own rights and obligations and is the most widely used legal vehicle for operating a business.

    Company Formation Requirements in HONG KONG

    In order to incorporate, you need to:

    1. Send us company information (company name, company type, director’s and shareholder’s / member’s information, etc.)

    2. Have an address in HONG KONG. If you don’t have one, we can provide this for you (Registered Office/Domiciliation Service).

    3. Have at least 1 shareholder.

    4. Have at least 1 director.

    5. Have at least 1 company secretary. The secretary must be Hong Kong resident or company.

    Incorporation Package:

    Preparation of standard Articles of Association

    Preparation of registration forms

    Companies Registry registration fee and business registration fee inclusive

    One pre-inked authorized signatory stamp; and one pre-inked round company stamp

    3 copies of printed Articles of Association

    Certificate of Incorporation

    Business Registration Certificate

    Share certificate

     

    Charities / NGO

    Tax relief is given for gifts to a charity.

    The charity itself is exempt from tax and distributions from the charity to the charitable causes can be made without tax consequence.

    Charities can be a useful family wealth planning tool.

     

    “Approved charitable donation" means a donation of money :
     

    to any charitable institution or trust of a public character, which is exempt from tax under section 88 of the Inland Revenue Ordinance, or

    to the Government, for charitable purposes.

     

    A charity is normally a company limited by guarantee or a trust which has as its aim one of the charitable purposes:

    a) Advancement of education;

    b) Advancement of religion;

    c) Relief of poverty;

    d) Advancement of health or the saving of lives; advancement of citizenship or community development; advancement of the arts, culture, heritage or science.

    Deregistration

    “Deregistration” is the most convenient way to close your business, the whole process takes 6-9 months.

    The company must be a solvent private company incorporated under the Companies Ordinance and meet the following requirements:-

    • All the members of the company agree to the deregistration;
    • The company has never commenced business or operation, or has ceased to carry on business or ceased operation for more than 3 months immediately before the application;
    • The company has no outstanding liabilities;
    •  The company is not a party to any legal proceedings;
    • The company’s assets do not consist of any immovable property situate in Hong Kong; and
    • If the company is a holding company, none of its subsidiary's assets consist of any immovable property situate in Hong Kong.

     

    Company intends to go for deregistration shall dispose of all the properties and close the corporate bank accounts. Upon dissolution of the Company by deregistration, all the properties (including credit balances in the Company's bank account) will be vested in the Government as ownerless property.

  • Jurisdictions

    Hong Kong

    British Virgin Islands

    Seychelles

    Samoa

    Cayman Islands

    Anguilla

    Bahamas

    St. Vincent and the Grenadines

    Belize

    Marshall Islands

    Mauritius

    Singapore

    Malaysia

    Macau

    United Kingdom

  • Overseas Companies

    British Virgin Islands

    • Leading offshore centre for offshore companies
    • Zero-rated corporation tax, with no wealth, capital gains or estate tax for offshore entities
    • Sophisticated and innovative legislative framework
    • Strong regulatory framework
    • Common law legal system
    • Time required 14 days
    • Chinese company name available

    Seychelles

    • Mixed legal system (English common law and French civil law)
    • Time required 14 days
    • Chinese company name available
  • Overseas Companies

    Samoa

    • Common law legal system
    • Time required 14 days
    • Chinese company name available

    Cayman Islands

    • Common law legal system
    • Time required 30 days
    • Chinese company name available
  • Overseas Companies

    Anguilla

    • Common law legal system
    • Time required 20 days
    • Chinese company name NOT available

    Bahamas

    • Common law legal system
    • Time required 30 days
    • Chinese company name NOT available

     

  • Overseas Companies

    St. Vincent and the Grenadines

    • Common law legal system
    • Time required 20 days
    • Chinese company name NOT available

     

    Belize

    • Common law legal system
    • Time required 14 days
    • Chinese company name available
    • TIN number (Tax Identification Number) available

     

  • Overseas Companies

    Marshall Islands

    • Common law legal system
    • Time required 20 days
    • Chinese company name NOT available

     

    Mauritius

    • Mixed legal system (French civil law and English common law)
    • Global Business Corporation (Tax Resident)
    • Authorised Company (Non-resident entity / tax exempted)
    • Strategically located in the Indian Ocean at the crossroads of Africa and Asia
    • Time required 20 days

     

  • Overseas Companies

    Singapore

    • Common law legal system
    • Trading hub of Southeast Asia
    • Home of the busiest port in the world
    • Transparent tax scheme and the availability of several tax breaks and incentives for startups and technological innovation
    • Time required 5 days

    Malaysia

    • Mixed legal system (Common law and Sharia law)
    • Territorial tax system (income derived from foreign-source is not subject to taxation)
    • At least one of the directors must be ordinarily resided in Malaysia
    • 100% foreign ownership allowed
    • Time required 10 days

     

  • Overseas Companies

    Macau

    • Civil law system based on the Portuguese model
    • onshore bank account in Macau
    • No limitation in business nature
    • Tax duties are completely exempted if business is not operated in Macau
    • Audit is not required
    • Offshore businesses are tax exempted
    • Attractive Tax Incentives
    • Exemption of business registration tax (since 2002)
    • Profits Tax: Allowance for profits tax is MOP$600,000.00. (since 2014)
    • Time required 3-4 weeks

     

    United Kingdom

    • Common law legal system
    • Local director NOT required
    • Low corporate tax rate compared with other European jurisdictions (19%)
    • Excellent investment holding vehicles
    • Over 100 tax treaties
    • Fast and cost-effective registration procedure and simple ongoing compliance requirements

     

  • Banking Introductions

    Increased due diligence requirements imposed by banks for opening accounts and transactional basis

     

    Provision of certified corporate documents

     

    Preparation and submission of the necessary documentation and business proof

     

    Various choice of banks in Hong Kong, Macau and worldwide

  • Licenses & Compliance

    Money Lender License

    Money Services Operator License

    Trust & Corporate Services Provider License

    Money Lender License

    Any person (or corporation) who carries on business as a money lender (making loans or who advertises, announces, or holds himself out in any way as carrying on the business) is required to obtain a money lender licence.

     

    Businesses considered as “money lender” basically include (i) consumer and commercial loan; (ii) mortgage; (iii) vehicle, plant and equipment leasing; (iv) credit card; (v) Small and Medium Enterprises loan; (vi) cheque and invoice discounting; (vii) loan syndication.

     

    The sector of business is monitored by the Hong Kong Police Force (Licensing Office). Business license is granted by the Hong Kong Licensing Court while general licensing administration is handled by the Companies Registry - Money Lenders Section.

     

    Applicable rules and regulations:

    Money Lenders Ordinance, Cap 163

    Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Cap. 615 (AMLO)

     

    Money Services Operator License

    Remittance Agents and Money Changers, also known as Money Service Operators (MSOs) are required to apply for a license from the Commissioner of Customs & Excise (CCE).

     

    Applicable rules and regulations: Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Cap. 615 (AMLO)

     

    Trust & Corporate Services Provider License

    A trust or company service business means the business of the provision of the following services to other persons in Hong Kong:

     

    1. Formation of corporations or other legal persons;

    2. Acting or arranging for another person to act as

    a) a director or a secretary of a corporation;

    b) a partner of a partnership;

    c) a similar position in relation to other legal persons;

    d) a trustee of an express trust or a similar arrangement; and

    e) a nominee shareholder for a person other than a corporation whose securities are listed on a recognised stock market.

     

    3. Providing a registered office, business address, correspondence or administrative address for a corporation, a partnership or any other legal person or legal arrangement.

     

    TCSPs will be required to apply for licences from the Registrar of Companies and every relevant person of the TCSP must satisfy a “fit-and-proper” test for provision of trust or company services in Hong Kong.

     

    Applicable rules and regulations: Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Cap. 615 (AMLO)

     

  • Citizenship & Residency

    Your passport determines where you are entitled to live, work or travel. Some passports open doors for you and family worldwide, others can seriously limit your freedom of movement and even compromise your wealth or security.

     

    One may seek to improve ability to travel, enhance legal protection, access a better quality of life, better secure wealth or simply to retire to an exotic place, that’s why searching for an alternative citizenship or residency is getting more and more common and popular among the global citizens.

     

    Immigrant Investor Programmes (IIPs) are designed to attract foreign capital and investors by providing the right of residence and/or citizenship in return. They are generally offered either by developed countries whose citizenship is highly prized, or by smaller nations seeking to attract capital investment.

     

    IIPs typically have multiple criteria that must be fulfilled for the investment to qualify – usually related to employment creation, targeted industries, government bonds or designated real estate purchase.

     

    We provide advice to clients for choosing the best available programmes with their required investments, financing options, government application fees, time frames for obtaining permanent residence and/or citizenship, as well as ongoing requirements to maintain it.

     

    Contact us for more details.

  • Citizenship & residency

    St. Lucia

    • Permanent citizenship by investment
    • Most economical investment option (USD100,000 up)
    • Visa-free or visa on arrival access to over 120 countries and territories (including Commonwealth countries and EU member states, UK and Hong Kong)
    • Right to reside in any of the members countries of the OECS and CARICOM (Antigua & Barbuda, the Bahamas, Barbados, Belize, the Commonwealth of Dominica, Grenada, Guyana, Jamaica, Haiti, Montserrat, Saint Kitts & Nevis, Saint Lucia, Saint Vincent & the Grenadines, Suriname, and Trinidad & Tobago)
    • No residency requirement
    • Equality of citizenship with natural born citizens which includes the right to vote
    • Dual citizenship is allowed
    • Available in 3 months

    Belize

    Retirement Program

    Retired persons (incentives) program

    • Right to reside in Belize
    • No investment is required
    • Applicants over 45 years old citizens or legal permanent residents of any country who are beneficial owners of a pension or annuity (US$24,000 per annum)
    • Available in 3 months

    Portugal

    Golden Visa Residence Permit

    Multiple investment options

    • Visa-free travel within the Schengen Zone
    • Qualify for citizenship or permanent residency after five years
    • Available in 3 months
  • Trademark Registration

    Registration of trademarks anywhere in the world

     

    Advice on a suitable trademark programme

  • Domain name registration & escrow services

    Web Page Design

    Professional website

    Online store

     

  • FAQs

    CORPORATE SERVICES

  • FAQs

    Banking Introductions