The executive body of a company is its Board of Directors, responsible for the daily running of the company and implementing the decisions in board meetings or general meetings. Shareholders can appoint or remove directors in a general meeting subject to the Articles.
China reason - If Mainland China is the market you will consider sooner or later, Hong Kong is still the best and safest place for you to feel the Mainland market from which over 40 millions of tourists visit HK every year. Not only you could be fed by all international media, local news reports [...]
Tax reason - Hong Kong tax system is comparatively simple (including only Profits Tax, Salaries Tax, Property Tax and Stamp Duty). HK companies are taxed at 16.5% of their taxable profits. This low fixed rate and simple system has been in place for long. Some other countries may have high tax rates but offer preferential [...]
Other true reasons - you may ask "Hey, why don't you say something about (Mad) Lan Kwai Fong & Night Life, (Best) Worldwide Food, (Convenient) Shopping: globally sourced genuine products, (Educational & Playful) Ocean Park, (Super lovely) Natural Countryside, (Endless) Hiking Tracks, (Hidden) Heritages, (Primeval) Hexagonal Rock Pillars, etc.?” Ummmm, I know those are your [...]
Territorial Source Many entrepreneurs form Hong Kong companies to run their e-commerce for tax saving purpose. Hong Kong adopts a territorial source principle of taxation. Only profits which have a source in Hong Kong are taxable here. Profits sourced elsewhere are not subject to Hong Kong Profits Tax. As such, if your e-commerce does not [...]