The globalized economy and low corporate tax are the main factors for making company formation Hong Kong feasible to foreigners. There are various investment options like these, for foreign entrepreneurs to set up an office in Hong Kong.
The Hong Kong limited company is also called a subsidiary company that provides the benefits of a fully incorporated business. These companies are also referred to as offshore companies if its business income is generated outside Hong Kong jurisdiction.
A branch office is one where the branch registers with the Hong Kong Company’s registry as a non-Hong Kong company. It should however not be registered as a separate legal entity from its parent company.
In case of a representative office, it cannot undertake profit making business operations. This is why it is not a common option for most foreign entrepreneurs in Hong Kong.
Consequently, Hong Kong is a great place for international entrepreneurs to consider for company formation Hong Kong because of its multi-cultural environment and international fame as an international business hub.
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