Company Formation in HK

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  1. #1

    Join Date
    Feb 2005
    Location
    Bangladesh
    Posts
    51

    Company Formation in HK

    Dear Friends ,

    Thanks for your time.

    I’m planning to open a company in H.K ,I need the help from you.

    1)Do I need open sole proprietorship or Ltd company?. Of course I understand in Ltd company the liabilities are limited ,is there any other things I should consider to select the types of company while opening a company.

    2)I would like to have some recommendation of some service provider of company formation in HK.

    Regards/Rasel


  2. #2

    Join Date
    Jan 2008
    Location
    Tsuen Wan
    Posts
    92

    I won't tell you which one you should open, as it's you, who knows what you need and what you want, but I opened mine (Ltd.) through them:

    AsiaBS - Professional company formation Incorporation bank account in Hong Kong(HK), China and BVI

    They also serve as company secretary, do accounting, and other services.


  3. #3

    Join Date
    Feb 2005
    Location
    Bangladesh
    Posts
    51

    Thanks.

    Thanks for your time.

    Can you just advice me

    What are the things/points to be consider before selecting the types of company ?.I mean when you selected u r company as LTD what are the things you considered with soloe propietorship?

    Regards/Rasel

    Quote Originally Posted by Ling_Ling:
    I won't tell you which one you should open, as it's you, who knows what you need and what you want, but I opened mine (Ltd.) through them:

    AsiaBS - Professional company formation Incorporation bank account in Hong Kong(HK), China and BVI

    They also serve as company secretary, do accounting, and other services.

  4. #4

    Join Date
    Jan 2008
    Posts
    1,966

    Sole Proprietor: It is cost effective if you have a small turnover and taxable profit of less thanHK$100,000/
    Ltd.Co is more tax efficient on large turnover and large profit.
    Plus you have added protection of limited liabilities..