I. Prominent Business Spot
It is probably the most impressive factor for entrepreneurs to set up their business in Hong Kong since it is in the heart of Asia. It gives them easy access to various exchange points, especially to Mainland China.
II. Incorporation Made Easy
Another factor that makes Hong Kong business registration outstanding to entrepreneurs is how direct and easy the enrollment and joining measures are. In around 3 to 5 days, you can already start your company.
III. Appealing Tax Regime
A low-tax collection system is one of the main concerns every company has, which puts Hong Kong at an advantage. The city follows a regional tax system suitable for a business (8.25% or 16.5% depending on the assessable profits); the foreign income generated by a company will not be liable to charges. In addition to that, there is no retention charge on profits or interest, no business charges, no capital additions expense, and no inheritance charge.
IV. Dynamic & Motivated Manpower
Hong Kong has a pool of skilled and knowledgeable labor force who are versatile and well-informed with developing the industry culture.
