Hong Kong Business Service

Hong Kong, rated as the world’s freest economy according to World Economic Freedom 2024 Annual Report, shines as an ideal investment destination. Renowned as an internationally recognized financial epicenter, Hong Kong stands out as a top-tier investment haven. Its strengths include a Common Law framework ensuring transparency, a favorable tax regime (corporate tax capped at 16.5%), and unrestricted capital mobility—key for seamless global operations. Geographically positioned as Mainland China’s global gateway, it taps into the Greater Bay Area’s strong consumer market. For investors eyeing Asia’s growth, Hong Kong merges stability with dynamic opportunities.

Hong Kong Company Registration

Prior to registering your business in Hong Kong, several crucial decisions need to be made to lay a solid foundation. Selecting the appropriate business structure, choosing a suitable business name, and ensuring compliance with local regulations can not only save time but also prevent potential issues down the road. Getting these details right from the onset will facilitate a smooth setup and position your business for long-term success.

Company Secretary Services

For businesses registering in Hong Kong, a licensed company secretary is legally mandatory under the Companies Ordinance and Anti-Money Laundering Regulations. Us Tannet hold a secretary license—regulated by the Companies Registry—ensuring clients meet strict compliance standards, including anti-money laundering protocols and regular license renewals. We handle critical tasks: maintaining corporate records (director/shareholder registers, meeting minutes), filing annual returns (NAR1), updating government forms (e.g., NR1 for address changes), and managing business registration renewals. Our expertise safeguards your company from penalties, streamlines administrative workflows, and ensures adherence to evolving Hong Kong laws.

Company Registered Address

For all Hong Kong-registered companies, a physical registered address within Hong Kong is legally mandatory under the Companies Ordinance. This address serves as the official hub for government notices, tax documents, and legal correspondence. Publicly accessible via the Companies Registry, it directly impacts business credibility. If you lack local premises, partnering with us, a licensed corporate service provider, to use our address is a common, compliant solution. A reliable registered address is foundational for seamless operations and regulatory adherence.

Bank Account Opening Service

Each bank offers different packages, the first step is to compare services, fees, and eligibility to find the best option for your needs. Consider facts like SWIFT payments, internet banking, mobile banking, multi-currency accounts, and debit or credit cards. Additionally, you can compare interest rates on savings and time deposit accounts and check for account maintenance and transaction fees, including international transaction costs and currency exchange fees. After we submit the documents, the bank will thoroughly review our application to determine your eligibility and ensure compliance with its internal policies. In some cases, the bank may contact you for additional supporting documents, information, or verification. An interview with a bank representative is often a standard part of the KYC procedure to verify the nature and legitimacy of your business.

Company Annual Renewal

For Hong Kong-registered companies, annual compliance—combining “annual renewal” and “business registration renewal”—is a legal must to maintain good standing. Annual renewal (NAR1): due within 42 days of your company’s incorporation anniversary, this document updates the Companies Registry on key details: director/shareholder changes, registered address, and corporate secretary info. It ensures public records reflect your current business status. Business Registration Renewal: Every year, you must renew your Business Registration Certificate (BR) within 1 month of the anniversary date. This certificate, issued by the Inland Revenue Department, confirms your company’s legal right to operate. Delays trigger penalties (up to HKD 3,480 for 6-month lags) and risk forced dissolution, freezing bank accounts and blacklisting directors may be caused if over due. Even “dormant” companies must comply—2025 rules tighten checks on inactive entities. For overseas investors, partnering with a licensed service provider simplifies the process: we handle form-filing, deadline tracking, and updates, letting you focus on growth while staying fully compliant.

Hong Kong Company Tax Service

In Hong Kong, a limited company is subject to profits tax only on income that is sourced in Hong Kong. The IRD will generally issue a “Profits Tax Return” to all limited companies in Hong Kong on each year of April. When company receives the “Profits Tax Return”, it must complete it within one month of the date of issue of the return and return it to the Inland Revenue Department for processing of tax assessment. However, the department also offers the option to apply for an extension under specific circumstances. From April to September of each year, accounting firms experience their peak period. In this case, it is crucial for company operators in Hong Kong to arrange their tax filings and audits early to avoid the pitfalls of a tight schedule due to high demand. The standard profits tax rate for corporations in Hong Kong is 16.5% on assessable profits. A lower rate of 8.25% applies to the first HKD 2 million of assessable profits for qualifying corporations. Income is considered soured in Hong Kong if it arises from activities carried out in Hong Kong including sales of goods that are traded in Hong Kong and services rendered there. The accounting year for each corporation may differ, but the fiscal year runs from April to March.

The Hong Kong company tax filing process mainly involves three procedures: the accounting, auditing and tax assessment. Hong Kong companies accounting activities include preparing key financial statements such as trial balances, profit and loss statements, and balance sheets. This preparation requires organizing all original documents and compiling detailed accounting records.

HK auditing is conducted by licensed accountants to ensure the financial statements accurately. The audit is essential for complying with Hong Kong’s accounting and tax regulations. The audit reports must be approved by the company’s shareholders or directors, and then submitted to the tax authorities.

Trademark Registration Service

For businesses eyeing Asia’s dynamic markets, Hong Kong offers a streamlined trademark registration process, ideal for global brand protection. As a key international commerce hub, its robust IP system ensures legal safeguards, with registrations valid for 10 years (renewable indefinitely) and support for diverse trademarks—including non-traditional types like sounds or dynamic graphics. Registering a Hong Kong trademark benefits global investors with fast 6-month approval, robust legal protection, and enhanced brand credibility. It acts as a tradable asset (transferable/licensable) to expand Asia-Pacific markets, leveraging Hong Kong’s trusted commerce reputation.

Hong Kong Logistics Warehousing Service

For global investors targeting Asia’s e-commerce market, Hong Kong’s logistics warehousing stands out as a strategic asset as of today. Its key benefits include high buyer trust in Hong Kong-sourced products, boosting sales credibility. With simplified on boarding of same-day warehouse access, it minimizes operational friction. Flexible import channels reduce costs while handling diverse stock keeping units and returns seamlessly. Unlike bonded warehouses, it avoids “positive list” restrictions, lowering capital tie-up and stock risks. Ideal for multi-platform sellers, Hong Kong warehousing streamlines logistics, letting you focus on scaling your business.

Contact US

Tannet Group Limited is in its sixth five-year development plan stage, and setting the upcoming two five-year plans. Tannet has been always devoted to providing with business solutions for investors all across the world. Should you have further inquiry, pls feel free to contact Tannet at 86-755-82143181, email to anitayao@citilinkia.com, visit our website https://tannet-group.net/.