Consulting, service provision, e-commerce… You may be wondering what type of company you can legally set up in Hong Kong.
The good news is that there are many activities you can consider in Hong Kong. You should have no difficulty finding one that suits you. Today, we will focus on consulting companies.
Is it possible to do consulting in Hong Kong?
It is entirely possible to set up a consulting company in Hong Kong. Many foreign entrepreneurs make this choice every year. Indeed, it is important to remember that the tax benefits in this part of Asia are particularly attractive. Therefore, you will not have to pay any taxes if your company's services are performed outside Hong Kong.
Of course, if your consulting activity is carried out in Hong Kong, you will still have to pay tax. However, it remains low compared with what you would have to pay in OECD countries. In addition, an agreement has been signed between France and Hong Kong: if your company is registered in Hong Kong, you will not be taxed in both countries, but in only one.
Hong Kong, the e-commerce kingdom?
Some regions are particularly favorable to e-commerce. Hong Kong is one of them. In fact, according to the OECD, “in Hong Kong, e-commerce activities are expected to represent US$70 billion, placing it among the top ten in the ranking of countries offering the most favorable conditions for e-commerce established by the London-based Economist Intelligence Unit.”
So if you are looking for the ideal location for your e-commerce business, we can only recommend that you consider Hong Kong:
Tax benefits provide access to optimal conditions…
Tax benefits provide optimal conditions for starting and growing your company
You will be at the heart of one of the world’s most dynamic economic regions
You will be at the heart of one of the world's most dynamic economic regions: a strategic asset for your business
A question about consulting activities in Hong Kong?
Your decision is made: you are going to set up a consulting business in Hong Kong.
Now that the decision has been made, all that remains is to get started.
But how should you proceed? Rest assured: at Société HK, we know how to support entrepreneurs wishing to set up a consulting company in Hong Kong. With our help, you can be sure that your company structure will be both optimal and fully legal.
Do you have questions? Before starting the process, we recommend that you find out as much as possible. Indeed, the rules are not the same in Asia. Nor is the way of doing business. If you have any questions, the simplest approach is to contact Société HK directly: we will explain everything you need to know and advise you based on the specific characteristics of the company you wish to launch.