Few Things About Hong Kong Company Formation

Hong
Kong is an excellent location to start a new company and there are several
reasons for the same. The country has excellent infrastructure, which is
something very high on the priority list of any new business enterprise. The
social environment in this East Asian country is fairly stable as well,
something which any company would like to see. On top of that, Hong Kong boasts
of a sound political climate as well. It has been seen that a lot of
businesses, especially financial institutions, like to set up their offices and
operations in Hong Kong because of the last reason. 

The
Government of Hong Kong is known to be in favor of business and investment,
which explains the rapid economic growth the country has seen in recent times.
All the policies formulated by it are done to make sure that such activities
are facilitated and thus happen to a greater extent for the benefit of one and
all. The country also operates on principles of free market and this is the
reason why companies from around the world are eager to start operations over
here. Hong Kong also offers a new company the benefit of an established
financial system by virtue of the multitude of banking and non-banking
financial companies that work in the East Asian country in various capacities
and scales. 
There
are banks from 32 countries in Hong Kong, which means that as a newbie you are
acquainted in some way or the other with the financial systems and markets of
that many countries. Perhaps, this is an advantage that no other country in
Asia will be able to provide to you. The Hong Kong Monetary Authority (HKMA)
regulates the financial and monetary activities that go on in Hong Kong without
ever as much showing signs of recess or break. 
No
matter what kind of company you are, you will all the banking and financial
support that you need in Hong Kong. There are certain requirements in order to
form a company over here. At least one company director or majority
shareholder, and a resident company secretary should be older than 18 years.
While applying the applicants need to state the name of the company as well as
its structure. At least 10,000 Hong Kong dollars are needed to start a company
over here in terms of issued capital. However, you only need one HK dollar as
paid up capital. You can start any kind of business that is allowed over here
and the operational necessities are rather standard. 
Get
more information about
Hong
Kong company formation
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