VAT registration & returns
Company start-up from £24.99,
with annual accounts (extra charge applies)
Company secretarial services
Holding company formation in Hong Kong with Coddan: holding companies are special types of firms which can hold shares and assets without directly operating themselves. They are legal entities in their own right and can pay dividends to a parent company as well as receive them from subsidiaries. As economies of Hong Kong and China grow, the holding company formation in Hong Kong are becoming increasingly relevant because of the benefits they can provide.
With more than six in ten investments in China passing through Hong Kong, having a holding company based in the region to help reap significant dividends. More and more firms are looking to east for business and the World Bank ranks Hong Kong highly on its Ease of Doing Business report. It also has a stable banking and legal sector. We can assist you to register a holding company in Hong Kong, provide you a company secretary, and help with business bank account.
NEXT YEAR FROM US$1,000
This holding company formation in Hong Kong package is for customers, who want to register a holding company with a registered office address & nominee secretary. The company formation in Hong Kong takes 8 days.
The following documents (in English & Chinese) will be sending by post:
NEXT YEAR FROM US$1,600
This company registration in Hong Kong package is especially for clients, who are requiring forming a holding company in Hong Kong with a business address, nominee secretary & a nominee director; bank account upon request.
This Hong Kong holding company formation offer includes everything in the first option, together with the advantages of:
NEXT YEAR FROM US$1,920
This is one of the most popular holding company formation in Hong Kong packages with nominee shareholder, as an additional option to the nominee director, nominee secretary & registered office address in Hong Kong.
This Hong Kong holding company formation offer includes everything in the second option, plus the following:
NEXT YEAR FROM US$1,920
This is our most comprehensive Hong Kong holding company formation package with all documents verified by solicitor or notary public & certified by the apostilled stamp or apostille seal affixed.
This Hong Kong holding company registration offer includes everything in the third option, plus:
Forming a holding company in Hong Kong, which sits between the parent company and a local one, allows easy access into Asia's biggest market and also carries tax advantages. Indeed, the rate of corporation tax on profits in the region stands at just 16.5 per cent, while there are no capital taxes to pay on the disposable of assets. What's more, any losses made can be carried forwards to following years and Hong Kong has a territorial tax system, meaning that only profits created in the former British colony itself have a rate levied against them.
With the exception of public companies, holding companies in the jurisdiction have to file accounts to HK Companies Registrar and Inland Revenue. Holding companies incorporated in Hong Kong also do not have to meet any minimum capital requirements and there are no restrictions on the flow of capital in and out of the area. We can help you to establish a holding company in Hong Kong within a few days, we are able to provide you a prestige office address in Hong Kong, a nominee secretary and/or a nominee director, if it is needed.
Having a holding company incorporated in Hong Kong can also boost a business's image and make the task of raising capital easier. Holding company formation in Hong Kong is relatively simple, cost effective and can be completed within a matter of days. As with any company registration in Hong Kong, there some levels of paperwork to complete and requirements to be satisfied. Coddan Ltd can assist you with this process. Our team has been dealing with holding company formations in Asia since the early 2000s.
On top of getting your HK holding company off the ground, Coddan can help you with bookkeeping, accounting, market exploration and registering an office. If you need an assistance with a holding company incorporation in Hong Kong, you can also speak to our companies registration advisors between 9.30am-6.00pm Monday to Friday by telephoning + 44 (0) 207.935.5171 or + 44 (0) 330.808.0089 (national rates).
Holding company registration in Hong Kong: when business owners decide to talk to Coddan about the benefits of holding company registration in Hong Kong, they are, no doubt fully aware of any tax advantages or other benefits of doing so. However, if they are also focused on acquiring new customers or clients, they may also be considering the benefits of embarking on an advertising campaign. However, while they may be experts in supplying their own products or services, they may have little knowledge of what kind of advertising campaign will work best for them. There are a lot of different types of advertising, from print, radio and television to posters and flyers, not forgetting online advertising. The most suitable kind varies from one business to another and making that decision calls for careful research. If you need an assistance with a holding company registration in Hong Kong, you can also speak to our business advisors between 9.30am-6.00pm Monday to Friday by telephoning + 44 (0) 207.935.5171.
Incorporating a holding company in Hong Kong: for companies who want a presence in Asia with access to large markets and business advantages such as low taxation, a holding company in Hong Kong is among the best options. At Coddan, we can help you to set up a holding company in Hong Kong for relatively little outlay and time and effort. If you apply today using our online application process, you can have your Hong Kong holding company established in just eight days.
We take the hassle out of setting up a holding company in this special administrative region of China. You don't even need to have an office there, or officers to appoint to required positions in the company because we supply them. We have a number of HK holding company formation packages to suit individual needs, and they start from as low as just £660.00. Included in that is the provision of a registered office address in Hong Kong, which is legally required in order to set up a holding company there. We also provide a nominee secretary for incorporation purposes – and you don't have to worry that they'll have any control over your newly formed enterprise, as they will be a secretary in name only and won't have any direct dealings in your operations.
An option for clients besides registering their own holding company in Hong Kong is to purchase a shelf company, and we can assist with this. The advantage is that the process is quicker than registering a new business entity. However, if clients wish to set up their own holding company in Hong Kong, we will first of all carry out a detailed search with the Companies Registry in Hong Kong to ensure that the proposed company name is acceptable and not already in use. From there we will prepare all of the necessary documentation, which will require the client's signature before proceeding with incorporation.
We will also require various forms of documentation from our clients, including copies of the passports of the proposed shareholders if they're not resident in Hong Kong. When the HK holding company incorporation process is completed, you will be supplied with the official documentation for your records, including the certificate of incorporation and memorandum and articles of association. If you would like to know more about incorporating a holding company in Hong Kong, our expert financial advisors are available to answer all your queries, and guide you right through the process if you decide to go ahead and incorporate.
A minimum of one director is required to register a holding company in Hong Kong, corporate directors are not allowed. A director can be of any nationality. None of the company directors need to be resident in Hong Kong, your company heeds to have a local secretary, and the registered office address in Hong Kong. Our incorporation options include the provision of a local address and a nominee secretary, call us to discuss your needs and see how we can help.
Uses for a holding company registered in Hong Kong for your business: there are a number of reasons why your business might benefit from a holding company overseas. One of the popular options as a location for a holding company is Hong Kong. In a nutshell a holding company is a separate company which owns shares in - and controls - other businesses. The holding company doesn't produce or manufacture anything, it simply owns the majority of shares in a business in order to dictate how that business is run.
The main benefit of a HK holding company registration is the buffer it provides from investment risk. If the company goes bankrupt the holding company will lose some money and income, but cannot be held responsible for the losses and cannot be pursued by creditors for re numeration. A holding company can also protect an individual's assets; if the company owns the assets so that the individual isn't at risk for the debts or potential lawsuits should the worst happen, and the business fails. The benefits of registering your holding company in Hong Kong are many. These include, but are not limited to:
Liability: as mentioned already, if the liability for any unplanned failings in the business are held offshore the business is protected in the country in which it trades. It will not be blacklisted or prevented from trading should there be any difficulties.
Capital requirements: in order to register a new holding company in some countries there needs to be significant finances in place, or a high level of income. If your business is yet to achieve these levels it can be hard to establish in certain locations. An offshore holding company means that you aren't held to these high costs, and can set your business up for far less investment, and trade within other countries from that offshore base, where administration will be handled. Registering a business in Hong Kong costs just HK$ 1.00 dollar.
For companies looking to establish themselves in Asia's fast growing markets, operating a regional base in Hong Kong makes a lot of sense. The former British colony has a very stable economy and is a key centre for international trade. Forming a holding company in Hong Kong has numerous benefits for investors. Not only does it give a business presence in one of the world's fastest growing regions, it can also help to bolster profit margins and lower risk exposure. One of the key benefits of Hong Kong is its taxation system. The region is extremely pro-business and levies corporation tax of just 16.5 per cent on profits made.
Any losses can be carried forwards and there is no capital gains tax or VAT. In addition, dividends and interest are not taxed and Hong Kong only applies a rate to any money made within the region itself. This means that any dividends brought into the area from overseas subsidiaries will not incur tax, with the exception of China, which has a double taxation rule with Hong Kong.
The costs and risks associated with forming a holding company in Hong Kong are extremely low. Firstly, there is no minimum capital requirement so companies do not have to be big and powerful to use the region as a base. The company's financial information is also unlikely to fall into the hands of the public as, with the exception of public sector firms, accounts do not have to be filed with Companies House in Hong Kong. In addition to that, Hong Kong provides some levels of protection with major nations and the process of setting up a holding company is straight forward, as is relocation and dissolution if the company needs to be wound up.
Another key advantage of forming a holding company in Hong Kong is corporate image. The region is known around the world as being one of the best financial and commercial centres there is and being based here can really speak volumes about a company's ambitions and place in their sector.
Reasons to incorporate a holding company in Hong Kong: situated on China's southern coast, Hong Kong is a powerhouse in the world of business. Once a British colony, the region is thriving and there are many reasons why incorporating a holding company there makes sense. It has been estimated that more than a third of the world's middle class will soon live in Asia. China's economic output has largely driven this change and Hong Kong is the ideal place for business because it has the benefits of a western financial centre along with all the hard-working values of the east.
For many entrepreneurs, Hong Kong provides the gateway to the world's second largest economy. China is a nation that has become vital to millions of businesses. In 2001, the country had a gross domestic product that was lower than countries such as the UK, France and Germany. In the years since, its GDP has more than quadrupled and this rate of growth shows no signs of slowing down.
Hong Kong has a very stable banking system. Most of the financial institutions based there are large and have branches around the world. They have to adhere to strict confidentiality laws, meaning no details can be passed on without the consent of the customer, except in cases of criminal activity. There are also no exchange controls, meaning that money can be transferred freely between accounts or taken out of Hong Kong without any taxes being levied.
Overall taxation in the region is very fair, with corporate taxes capped at 16.5 per cent and income tax standing at just 15 per cent. In addition to that, there are no sales taxes, no capital gains tax or tax on dividends. If a holding company incorporated in the former British protectorate carries out much of its business outside of Hong Kong, there may not be any tax to be paid at all.
Formation of a Hong Kong holding company to hold shares in multinational companies: China's economic success story has made it the biggest exporter of goods in the world. With economic output expected to rise, many analysts are predicting that it will usurp the USA's position as the world's biggest economy during the course of the next decade. This incredible growth, coupled with increasing investment and various tax advantages, means it could be time to set up a Hong Kong holding company.
What is a holding company? A holding company is a specialised firm that is set up with the sole purpose of holding assets and shares on behalf of other organisations. Although these firms don't operate in the same way as standard businesses do, they are legitimate business entities, and they have the right to receive dividends from subsidiaries and pay them to parent companies.
Why you should consider setting up a holding company in Hong Kong? The Far East is the fastest growing economic region in the world, and having a presence there can help you and your own company to tap into some of that wealth creation. Hong Kong is the main gateway for investing in China, so it makes sound financial sense to set up shop there. As well as having a very stable banking industry, the Hong Kong authorities make it very easy to do business in the province.
Setting up a holding company in the former British colony with the help of Coddan will give you access to this huge - and growing - market. Your business will benefit from an exceptionally low rate of corporation tax, and the absence of capital gains tax following the disposal of assets could save your company a significant amount of money. You will also be able to carry forward any losses made by your holding company.
The company formation agents at Coddan have been setting up new firms in Hong Kong for over a decade now. As well as starting your new HK holding company, Coddan can help you to navigate local tax laws, register an office and register your accounts with the HK Companies Registrar and Inland Revenue. Business start-up and company registration agents can also supply your new Hong Kong holding company with nominee directors and nominee secretaries, as well as filing all the necessary paperwork.
Understanding the legal basics of a holding company in Hong Kong: Forming a company in Hong Kong is very straightforward and simple, and there are very few restrictions. These restrictions are limited to a few, very minor, points. When registering a company in Hong Kong you cannot: register a company with the same name as another company in Hong Kong, register a company with the same name as a well known company, even if that company is foreign, if it trades within Hong Kong; and register a company with a name too similar to a well known company.
Any company registered in Hong Kong has limitations on what must be included in the company name; the name of the company must end with the word 'limited' but even a holding company does not need to include in the name the words 'Hong Kong'. Unlike other countries, where it can cost tens of thousands of dollars to register a new company, it doesn't cost a lot of money to register a company in Hong Kong. In fact there is a nominal fee of just HK$1.00, which is the same for any and all companies.
None of the company directors or shareholders need to be based in Hong Kong, making it an ideal place to register a holding company. However, to register your holding company, or any company - in Hong Kong there must be a minimum of one director and one shareholder named, and there must be an office address registered within Hong Kong.
The only figure who needs to be based in Hong Kong, a resident, is the company secretary. If you register a holding company through Coddan we will act as the resident company secretary on your behalf, and our offices will be named as the registered office for your offshore business. In order to comply with the legal requirements your Hong Kong based company secretary is expected to:
Benefits of a holding company formation in Hong Kong with Coddan: setting up a holding company in Hong Kong is a great way to minimise cost, tax and risk of doing business across Asia. Hong Kong is a popular place to do business and is often used as a hub for companies wanting to trade with other Asian countries. It has a well established financial structure, a legal system modelled on the UK system and has a stable government which is very pro-business. Hong Kong has double tax treaties agreed with many countries, including the UK.
The China Hong Kong Treaty means it is beneficial to set up a holding company in Hong Kong in order to do business with, or to invest in, China. This means that any profits generated in China and withdrawn to Hong Kong are only taxed at 5%, compared with 10% when trading in other countries. Many UK companies set up subsidiary holding companies in Hong Kong to manage their investments in China.
There are, however, certain conditions that the Chinese stipulate to ensure the Holding Company is genuinely trading. They will need proof that the holding company is truly involved in Hong Kong, for example looking at how much tax on profits the company pays in Hong Kong and what business the holding company conducts, aside from its investments in China. Coddan can advise you on these conditions to ensure your holding company operates correctly and efficiently.
Coddan can help you set up a holding company in Hong Kong, registering the business quickly and efficiently, and can also help you set up a registered office and company secretary. The whole process can be completed online and a variety of company formation packages are available, from as little as £660.00.
Post formation services for registered holding companies in Hong Kong: forming a holding company registered in Hong Kong is very simple. To protect your company's assets and limit potential liability, should the worst happen, businesses often register offshore holding companies, which hold the majority share in the business. This gives the holding company the responsibility of managing the business and handling the tax and accounting, and removes them from the liability of any financial losses, debts or legal proceedings if the business fails. There are many opportunities to register abroad.
Hong Kong is the perfect location for a holding company as registration of a company costs just the nominal fee of HK$1.00, rather than the thousands of dollars some countries require, and all you need is to name one director and one shareholder. Other requirements are a resident company secretary, someone within Hong Kong, and registered offices within Hong Kong. If you register your offshore holding company in Hong Kong through Coddan we will act as the registered offices, and as the company secretary. This means that, as is legally required for companies in Hong Kong, we will, on behalf of your business:
Our company will handle the registration paperwork on behalf of your business, working from our own registered offices within Hong Kong. All paperwork is signed by the directors and shareholders of the business, and we submit them on your behalf, ensuring that they meet the required standards within Hong Kong, and we handle the submissions and returns on behalf of your holding company.
It's quicker, cheaper and easier to set up a holding company in the UK compared to Hong Kong, but that doesn't mean you shouldn't consider the special administrative region of China and its strategic position in Asia, with access to massive markets.
Many companies are attracted to Hong Kong as the location for a holding company due to its low corporation tax rate of just 16.5 percent, among the lowest in the world, as well and the fact that there's no capital gains or dividends tax. So even though it might be slightly more difficult to establish a holding company in Hong Kong, it's far outweighed by the huge advantages.
At Coddan, we're able to use our vast expertise to assist our clients in forming holding companies in Hong Kong and the UK. Depending on your preference of location, we can ensure that the process is carried out as swiftly and smoothly as possible, and we will handle all the details, meaning there's little for you to do besides filling out our online application form.
For clients establishing a holding company in the UK, we can carry out the task in just a matter of hours, if we receive your application on time. In Hong Kong, registration takes up to eight days, and when it's completed you’ll get the official company documentation in both English and Chinese, as well as other materials.
If you don't have sufficient personnel to propose for company officers either in the UK or Hong Kong, you can use our hugely beneficial service whereby we will provide nominees. This also has the advantage of providing a high level of anonymity to the company's owners as their names won't appear on the official registers.
We can also provide an official registered office for clients wishing to establish a holding company in either the UK or Hong Kong, meaning you don't have to use your own place of business and you get a prestigious office address to which all official mail will be sent and then forwarded on to you by us.
Holding company registration in Hong Kong vs establishing holding company registration in the Republic of Ireland: starting a new holding company in a foreign jurisdiction can deliver a wide range of commercial and strategic benefits. A holding company is registered in much the same way as any other company, but instead of carrying out operational activities, its sole purpose is for the holding of shares and assets in parent or subsidiary companies.
Hong Kong and Ireland are two of the most popular destinations in the world for new holding companies, but which one is best for your business? The company formation agents at Coddan can help you to decide which market better meets the needs of your business, and they will take care of the registration process on your behalf.
Setting up a holding company in Hong Kong: if your main operations take place in the UK, there can be some significant barriers to trade with non-EU countries. However, by placing key assets and shares in a Hong Kong holding company, you can reduce a lot of the red tape that restricts free trade. China is the second largest economy in the world, and it is widely expected that it will become the biggest at some point during the next decade. Having access to this incredibly lucrative marketplace could secure your company's future for a generation.
There are also some tax advantages involved in setting up a company in Hong Kong. For instance, corporation tax is far lower than in most EU countries. Only income generated in income will be taxed, and you can avoid paying capital gains tax altogether when you dispose of shares and assets in the former British colony.
Setting up a holding company in Ireland: perhaps the biggest advantage involved in setting up a holding company in Ireland is its proximity to the UK domestic market, as well as the fact that it is an English-speaking nation. Ireland has an incredibly low rate of corporation tax - just 12.5 percent. There is also a system of tax credits and exemptions that are very attractive to foreign investors. Plus you have the peace of mind in knowing that EU safeguards and treaties provide extra protection for your assets.