Luen Fat Accounting and Secretarial Service Limited
We are a professional corporate service provider that helps you to expand business to Hong Kong. After Incorporate a Hong Kong Company, you can enjoy several tax benefit from Hong Kong Tax System include:
General Characteristic of Hong Kong Tax System:
．The PR and travel expenses are completely deductible as the expenses of the company.
．The salary of the director (owner) and his/her spouse can be deducted as the company's expenses. The first HKD 132,000 is (tax-free) !
．The limited company's profit from oversea is not included in the taxing system. (Refer as "Offshore Income")
．Save a fortune from Profits Tax, Stamp Duty and documentation fees of the lawyer when transferring a property with limited company.
．The profits tax of a limited company in Hong Kong is almost the lowest in the world (16.5% of the net profits after deducting the expenses of the company).
．The interests of buying a property/car can be deducted as the expenses of the company. Moreover, the assets of the company would also depreciate, hence minimizing the tax of the company.
To Facilitate your Hong Kong Business, we provide the service included:
Corporate Formation
It is the first step to expand your business to Hong Kong. We assist you to incorporate a Hong Kong Limited company with Companies Registry (CR) and all required documents will be prepared by us. Normally, it takes a week to complete the procedure and a Company Kit Set will be ordered for you.
Company Secretarial Service
It is required by the Hong Kong Company Ordinance to have a company secretary for any Hong Kong company. Luen Fat can act as the secretary for you. The duties of Company Secretary are:
- Ensure company is complied with Law and Regulation
- Manage and keep the company's statutory record
- Update Annual Retun to Companies Registry
- Organise the meeting of director and shareholders
- Prepare statutory document and minutes for any change of company's name, address, shareholder, director and company secretary.
- Documents required for Share Transfer
- Assist Business Registration renewal
Registered Address
We provide registered office address for you to receive government, bank and commercial letters.
Accounting Service
Our professionals will help you to solve every accounting matter. Hence, you can focus on your business opportunity. You may review your company's financial status at any time you want. For each year end, your account will be transferred to an external auditor for the audit report. We will handle all audit queries for you.
Tax Planning Advice Service
If you have companies in more than one country, it is more likely that you can enjoy more tax benefit. Our professionals will provide you advice to minimize your overall tax paid and also help you to handle all Hong Kong tax matter.
BVI Company Formation
If you require much more privacy about your investment and do not want handle any tax matter. Carry on a business through BVI company may be your choice. Our professionals will prepare all document required and liaison with the local agent for your company. Hence, you can focus more on your business.
If you are interested in our service or you would like to have a fee quote. Please feel free to contact us.
Luen Fat Accounting and Secretarial Service Limited
Address：Flat A, 15/F, Bulkin Centre, 332-334 Portland Street, Mongkok, Hong Kong
Tel：2789 3789
Email：info@luen-fat.hk