B. string. Hong Kong Company Incorporation 博 弦 咨 询 B.STRING 博 弦 咨 询
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1 B. string Hong Kong Company Incorporation
2 Hong Kong Company Incorporation CONTENTS 1. Why choose Hong Kong Company 2. The incorporation requirements and procedures 3. Annual maintenance 4. Our service quotation 5. About us
3 1 Why choose Hong Kong Company Good business environment Why HK company? Ø Political stability, perfect law system Ø Prime location,freest economies Sound financial system Ø Financial centre of Asia, no foreign exchange control Ø RMB offshore centre, no restriction on RMB exchange Outstanding taxation advantages Ø Simple tax system, the Company just needs to pay 16.5% of profit tax and 15% of income tax Ø Double Tax Avoidance Agreement (DTAA) with many states, offshore income can enjoy tax exemption
4 2 The incorporation requirements and procedures Incorporation requirements Requirements & procedures Ø Company structure: u Minimum one shareholder and one director, corporate shareholder(s) and director(s) are acceptable Ø Share capital: u Can issue minimum 1 share with par value of HKD1,standard number of shares is 10,000 shares Ø Company secretary and registered address: u The company should maintain a registered address in Hong Kong and the company should appoint a Hong Kong resident or a corporate to act as company secretary Ø Account opening notice: u If only one director, at least one director/beneficiary owner is required to be present u If more than one directors, at least two directors/account operators must be present u For any other directors, beneficiary owners and bank account operators, who cannot attend the meeting should certify passport and address proof
5 2 The incorporation requirements and procedures Requirements & procedures Documents Preparation Formal Incorporation Time Point Ⅰ Time Point Ⅱ Time Point Ⅲ l Company name: Client can select to set up tailor made company or adopt shelf company from our ready-made list. Client should provide 3 intended names in order of preference l Incorporation materials: A copy of passport and residential address proof are required for company registration l Shares issued: Number/percentage of shares per shareholder l Documents for signing: Incorporation procedures can be handled via and courier without presence in HK l Incorporation time: 8 working days to get the Certificate of Incorporation and 10 working days to complete the whole procedure after receiving the signed documents from client l Optional banks: Client can choose HSBC and Hang Seng Bank in Hong Kong. Nanyang Commercial Bank in Shanghai l Requirements: Original passport Original residential address proof Business plan (B.String will provide the template) Business activity proof Foreign Account Tax Compliance Act (FATCA) declaration l Application time: Approximately to 10 working days Bank Account Opening
6 3 Annual maintenance The client should conduct the annual maintenance after 18 months of company incorporation Annual maintenance Ø Renewal of company documents-registered address parking fee and company secretary parking fee Ø Government disbursement-business registration fee and companies registry annual filing Ø Accounting service-such as auditing Ø Tax Return-Employer's Return and Profits Tax Return Reminding time Ø We will inform client about the fee and details of annual maintenance
7 4 Our service quotation Company incorporation fee Quotation incorporation government fee and disbursement incorporation service fee first year company secretary parking fee first year registered address parking fee bank account opening service fee HKCPA document certification fee for bank account opening Total company incorporation fee (including first-year incorporation government fee and disbursement) RMB4,500 RMB1,500 RMB1,000 RMB1,000 RMB2,000 RMB500 RMB10,500
8 4 Our service quotation Annual maintenance fee Quotation Annual company secretary parking fee RMB1,000 Annual registered address parking fee RMB1,000 Business Registration Certificate renewal fee RMB1,800 Annual Return RMB100 Annual accounting service fee From RMB4,000 Annual auditing service fee From RMB8,000
9 5 About us B.String Financial Advisory Ltd. The professional consultant About us "B.String Consulting has been established since Year 2004, our headquarter is located in Shanghai, and branch in Beijing, besides, we have strong partnership in Guangzhou, Hong Kong and Singapore, providing full set of professional share services in China, in order to let our client concentrate on their business. Our share services include: Business Advisory, Financial Advisory, Capital Market and Value-added Services. With our more than 10 years' experiences and professional knowledge, B.String has assisted foreign enterprise and investment to enter into China, and provides one-stop solution and services. We have internationalized consulting team, our strong service teams formed by domestic and overseas background professional lawyers, certified public accountants, and consultants, to assist corporations to enter into China market with simple, efficient and safe way. With our past years' practical experiences, B.String has also assisted rapid growing private-owned enterprises, to implement financial management and advisory, extend into capital market, and preparation for global competition market.
10 5 About us Business Advisory Company Incorporation Company Secretary Legal Consulting Financial Advisory Accounting Share Service Taxation Share Service Annual Maintenance Financial Management About us Simplify Affordability Reliability Value-added Services HR Service China Visa Service Trade Support Capital Market IPO & Listing Corporate Finance M&A Due Diligence
11 5 About us Who choose us
12 5 About us Why choose us The reason Our Commitment We pay great attention to build longterm commercial relationships. We strive to provide prompt and convenient service regarding clients' demand. Reputation & Track Record Our team consists of rich experienced CPAs, attorneys, as well as professional consultants from Hong Kong and Mainland China. During the track record period, we are able to bridge the cultural and business gaps that often hinder business success in China. Capability to offer one-stop solutions We pay great attention to build long-term commercial relationships. We strive to provide prompt and convenient service regarding clients' demand. Unique Market Position We are an established regional firm with exceptional strong financial and structural back-up. We are proudly to serve our clients with first tier quality and top value services. Outstanding Expert Team We have a pool of professional knowledge who bring with their technical expertise, professional skills, and rich Industrial experiences.
13 5 About us Beijing Our partners Shanghai Guangzhou China offices Strategic partner Our partners Beijing, Shanghai, Guangzhou Industrial Securities Hong Kong Partners in HK Partners in Singapore Ruihua Certified Public Accountants Asia Business Abacus CPA Firm Aoba CPA Firm CA.sg PAC CPA Firm TnB Global Outsource Pte Ltd Singapore Sister companies B.String International Trading Asia Worldex Investment Advisory Yayi Arts
14 5 About us Chamber Member Authorized Employer
15 THANK S B.String Financing Advisory Ltd. Room ,SOHO Century Plaza, No.1501,Century Avenue, Shanghai, PRC T: 丨 F: 丨 info@stringbc.com
SEYCHELLES IBC INCORPORATION AND BANK ACCOUNT PACKGAE #BVIBC03
KAIZEN CERTIFIED PUBLIC ACCOUNTANTS LIMITED ROOM 2103, FUTURA PLAZA, 111 HOW MING STREET KWUN TONG, HONG KONG TEL: +852 23411444 FAX: +852 23411414 EMAIL: INFO@BYCPA.COM Shenzhen Office, China Room 2508,
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