How to setup a company in hong kong?

Company setup hong kong is a streamlined process that offers many benefits, including a favorable business environment and low taxes. The first step is to choose the right type of company, usually a private limited company, and ensure the name is unique by checking with the Companies Registry. You'll need to prepare essential documents like the Articles of Association, identification, proof of address for directors and shareholders, and appoint a company secretary. Afterward, you can submit the documents to the Companies Registry for incorporation and obtain a Business Registration Certificate. Opening a bank account is necessary for financial operations, and depending on the business, you may also need specific licenses. Ongoing compliance includes filing annual returns, maintaining accounting records, and submitting tax filings.