Hong Kong is situated at the south-eastern tip of the mainland of China. A total area of just under 1,100 square kilometers covers Hong Kong Island, Kowloon and the New Territories and Islands. Its population is around 8 million. Varied people come to Hong Kong  to set up varied companies for varied purposes, since Hong Kong companies have their own varied advantages.

1. Flexible Company's Name
In Hong Kong we are free to make a choice of companies’ names, if not registered before. We can use the words such as INTERNATIONAL, GROUP, HOLDINGS, INDUSTRIAL, INVESTMENT included in the company name. We also can use other country name in the beginning of the company name if we like. Entitle the name of filiale is more flexible than limited and unlimited company. The name can not end with "Limited".

2. Requirment
It must have a parent company in Hong Kong when set up the filiale, and provide the business license and business scope.

3. Character
Filiale is not a unattached company, and it belongs to parent company.

4. Business Scope
The business scope of filiale must be the same or similar with parent company.

5. Procedure
Fill in application form→ Payment→ Sign legal documents→ Handle to Hong Kong government→ Finish within 3-5 working days→ Collect the documents

6. Service and Price
At HK CFM, we are able to prepare all the application forms and relevant documents and take care of all the procedures for you;
Business license;
Three pieces of chops;

7. Annual Return
The annual return time of filiale is the same with parent company. It needs to renew the business license every year.

8. Tax Report
Tax report of filiale will be bringing into parent company; there is no sales tax in Hong Kong.

9. Taxation
The standard corporate profit tax rate of 16.5%, while the unlimited company’s profit tax rate is only 15%, it is relatively low compared with the other developed countries. In Hong Kong, any enterprises are required to have a financial report annually to the Inland Revenue Department. More details about the tax information are available upon request of our valued customers.

10. Contact Us
If you have further queries, don't hesitate to contact Tannet anytime, anywhere by simply visiting Tannet's website www.company-registry.net, or calling  Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143181. or emailing to mailtannet@21cn.com. You are also welcome to talk with Overseas SME Service Department online by simply joining our MSN:service@tannet.net

Tannet--A Sound Global Business Solution Partner, Serving the World of Business, Professionally & Reliably.