The Government of Hong Kong Special Administrative Region of the People’s Republic of China http://www.gov.hk,
GovHK is the one-stop portal of the Hong Kong Special Administrative Region Government, making information and services of the public sector easier to find and use.
Invest Hong Kong www.investhk.gov.hk is the department for foreign direct investment, under the policy purview of the Commerce and Economic Development Bureau of the Hong Kong SAR Government.
- Supports overseas and Mainland companies to set up and expand business in Hong Kong
- Provides free, customised and confidential services for companies
The Hong Kong Trade and Industry Department www.tid.gov.hk is responsible for conducting Hong Kong"s international trade relations, implementing trade policies and agreements, as well as providing general support services for industries and small and medium enterprises. Maintaining e.g. the Directory of Hong Kong Trade and Industrial Organizations.
SME Funding Schemes www.smefund.tid.gov.hk provides support for the small and medium enterprises with four types of schemes.
The Special Loan Guarantee Scheme (SpGS) aims to help enterprises secure loans from participating lending institutions (PLIs) for meeting general business needs to tide over the liquidity problem during the global financial crisis with the Government acting as the guarantor.
The SME Loan Guarantee Scheme (SGS) aims to help small and medium enterprises (SMEs) secure loans from participating lending institutions (PLIs) for acquiring business installations and equipment; and meeting working capital needs of general business uses.
The SME Development Fund (SDF) aims at providing financial support to projects carried out by non-profit-distributing organisations operating as support organisations, trade and industrial organisations, professional bodies or research institutes to enhance the competitiveness of Hong Kong"s SMEs in general or SMEs in specific sectors.
The SME Export Marketing Fund (EMF) aims at helping small and medium enterprises (SMEs) expand their businesses through participation in export promotion activities.
SUCCESS, the Government information and advisory centre for small and medium enterprises (SMEs) www.success.tid.gov.hk services include free business consultation.
The Hong Kong Trade Development Council www.hktdc.com is the international marketing arm for Hong Kong-based traders, manufacturers and service providers.
Hong Kong Science & Technology Parks www.hkstp.org provides facilities, services and a dynamic environment that enable companies to nurture ideas, innovate and develop.
The business incubation programme provides incubation service to assist technology and design start-ups in their vulnerable inception stages.
Inland Revenue Department www.ird.gov.hk is the tax administration of the Government. Providing information of taxes.The tax structure is simple and the tax rate is low in Hong Kong. There are three types of taxes on income; salaries, profits and property tax. E.g. the tax rate of profits tax is 16.5% for corporations.
Persons, including corporations, partnerships, trustees and bodies of persons carrying on any trade, profession or business in Hong Kong are chargeable to tax on all profits (excluding profits arising from the sale of capital assets) arising in or derived from Hong Kong from such trade, profession or business.
Hong Kong General Chamber of Commerce www.chamber.org.hk
Federation of Hong Kong Industries www.industryhk.org
The Federation of Hong Kong Business Associations Worldwide www.hkfederation.org.hk
Hong Kong Association of Banks www.hkab.org.hk
Immigration department www.immd.gov.hk
Setting up yourself
- Select a unique name for a company, www.icris.cr.gov.hk
- Select a structure for a company: limited company (most common), branch offices of parent company or representative office
- Company incorporation and business registration, www.cr.gov.hk www.eregistry.gov.hk
- License or registration is required in some businesses
- Others: open a business bank account, select business premises, apply for visa
Auditing and ‘Setting up in Hong Kong’ services offered
WEC
WEC is assisting new arriving and existing businesses by offering all essential operational business set up and support services under one roof. www.wec.com.hk
S.P.P Ng & Company
A firm of certified public accountants providing accounting, auditing, taxation and corporate secretarial services.
Room 1701, Tai Yau Building, Tel: +852 2508 1711, Fax: +852 2508 1713
Email: cpa@sppng.com
