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Company Formation in Hong Kong for £660, off-shore Hong Kong Company Registration is Simple and Easy!

Online company formation in Hong Kong with Ukincorp: why is it a good idea to incorporate a limited company in Hong Kong? Many businesses are keen to register a private company in Hong Kong because not only is there no capital gains tax in the region, but companies incorporated in Hong Kong can also benefit from one of the lowest tax regimes in the world - with a tax rate that is set as low as 16.5%. On top of this, the system for reporting tax liabilities is not only simple and straightforward, but also offers numerous allowances that reduce the tax burden even more. There's no VAT and no withholding tax on dividends and interest, and no collection of social security benefit.
By employing the expertise of Ukincorp Ltd, as your business start-up agent experienced in company formation in Hong Kong, the incorporation process becomes straightforward, and remains cost-effective. If you need a company registration in Hong Kong, Ukincorp Ltd offers a number of different companies start-up packages for every level of business.

HK Company Formation Advantages

ADVANTAGES

  • Free face-to face consultation at our office
  • Free professional advice via the phone
  • Free company formation email support
HK Company Formation Convenience

CONVENIENCE

  • Post-formation support & advice
  • Pre-incorporation support
  • Starting a new business in 5 days
£660.00

NEXT YEAR FROM US$1,000

1
option

This formation of company in Hong Kong package is for clients, who need to have a company formation in Hong Kong having a nominee secretary and a registered office address. The registration of company in Hong Kong takes 8 days.

The accompanying documents (in Chinese and English) will be sent by post:

    • Six copies of the memorandum and articles of association, an incorporation certificate; minutes of the very first meeting;
    • Certificates of shares and registers of company; a pliers seal and rubber stamp are also included into the offer price.
£1,060

NEXT YEAR FROM US$1,600

2
option

This package for formation of company is especially for clients, who need to register an Hong Kong company with a business address, a nominee director and nominee secretary.

This formation of company offer includes all that the first option has, together with the advantages of:

  • The letter of resignation from your Hong Kong company nominee director signed but undated;
  • A nominee director provision; the signed power of attorney by a nominee director.
£1,260

NEXT YEAR FROM US$1,920

3
option

This is one of the most well-known Hong Kong company formation packages with nominee shareholder, as an extra option to the nominee director, registered office address and nominee secretary.

This quick Hong Kong company formation offer has also included, all we have in the second option, in addition to the accompanying:

  • The nominee shareholder will sign a declaration of trust;
  • The nominee shareholder service provision for a year;
  • The confirmation of a beneficial owner certificate. Upon request, bank account is also available.
£1,380

NEXT YEAR FROM US$1,920

4
option

This is our most comprehensive package for Hong Kong company formation. It comes with all documents verified by notary public or solicitor and also has apostille seal affixed or certified by the apostilled stamp.

This company formation in Hong Kong offer has everything present in the third option, and also:

  • Ukincorp will provide corporate and attorney-in-law rubber stamps.
  • The certification of every corporate documents, and a power of attorney, by notary public or solicitor and the final verification of all documents of the company by an apostille seal.

We Are HK Companies Registrar Authorised Agent - Choose Our Hong Kong Companies Formation & Post-Registration Services

Indeed, if a company is registered in the former British protectorate but carries out a large part of its activities outside Hong Kong, that company may escape paying tax altogether. If this looks attractive to you, there are lots of reasons for asking Ukincorp Ltd to look after the entire process of setting your company up in Hong Kong for you. Not least of these is that Ukincorp's experienced Hong Kong company formation team can help to prepare and submit all the necessary paperwork. Our business incorporation team is also able to set up an official business bank account in Hong Kong for your limited company.

Registering a company in Hong Kong has a number of powerful attractions. Not only are the taxes there among the lowest in the world, but the place is a gateway to trading with both the Chinese mainland and the rest of Asia. In addition, for companies registered in Hong Kong but operating outside Hong Kong, with management located elsewhere, there is no income tax to pay - and there is no capital gains tax or VAT either. However, forming a company in Hong Kong requires a lot of paperwork and bureaucracy, with the potential for problems in these drawn-out processes increased when carrying this process out in a foreign country.

Ukincorp specialises in the intricate field of forming limited companies in Hong Kong, employing consultants who are competent to advise on selecting the best type of business for incorporation, and registering property management, intellectual property management, general trading, shipping or holding companies registration. With local lawyers and accountants regarded as the best in their field, there is no need for you to spend time mastering the main regulating law, the bulk of paperwork, or trying to recruit people you can trust - Ukincorp has already done that for you!

Do You Want to Register a Company in Hong Kong?
From a Simple Company Formation in Hong Kong to the Provision of a Nominee Director & Nominee Shareholder

Company Formation in Hong Kong

Company formation in Hong Kong with nominee services and bank account in EU: Hong Kong is seen by many as the most effective gateway to doing business with mainland China. Indeed, so successful is it that even the Chinese themselves are incorporating companies there to trade with the rest of the world. Perhaps you are not sure what to do to set up a limited company in Hong Kong. You might be putting off the big decision because you don't know what's best for the business you want to launch there.

At Ukincorp Ltd we are not only specialists in company formation in UK, but have professionals who are experts in companies registration in Hong Kong, sharing many of the necessary disciplines between them. The team includes commercial lawyers, local accountants, business bankers and investment and international trade specialists as well as experienced corporate administrators. As a result Ukincorp can help you with all matters related to setting up a company in Hong Kong, including providing nominee director, nominee secretary and nominee shareholder services and helping you open a business bank account in Hong Kong to handle international transactions.

Ukincorp's HK companies incorporation team can not only help you open a bank account in Hong Kong, but also our advisors can help you to open a bank account in places like Malta, Switzerland, Andorra or in any of the EU countries. Each new client of Ukincorp is offered an initial, no-cost-or-commitment consultation to help him or her scope their specific company registration needs. If needed Ukincorp can help with the appointment of a nominee director, nominee secretary or a nominee shareholder.

There are many advantages to forming a company in Hong Kong. As well as being in prime position to trade with the rest of China there are also many merits within Hong Kong itself. Any business with a Hong Kong address carries a level of prestige within the region - which is a banking and financial powerhouse in its own right - as well as the rest of the global marketplace.

Register Your Business in Hong Kong: Limited Company Formation in Hong Kong

Register Your Business in Hong Kong

Are you looking for the quality Hong Kong company formation agent & Hong Kong companies registry; practical guidance regarding how to register a company in Hong Kong, how to incorporatea new business in Hong Kong, & may be need a start-up advice?

Our Hong Kong company's registration team, which comprises of more than twenty multi-discipline professionals, including the association with commercial lawyers, Hong Kong accountants, nominee company secretary, business bankers, international trade & investment specialists and experienced corporate administrators providing the professional corporate services in Hong Kong.

Our aim is to establish a close working relationship with our clients and, because of this, all new clients are provided with an initial consultation with no cost or commitment, which will enable them to evaluate the nature and scope of their specific requirements to register a limited company in Hong Kong.

We provide everything you need to incorporate your company in Hong Kong, Ukincorp provides complete and confidential Hong Kong corporate management services. Included are wide ranges of financial and administrative services to individuals and corporate entities, as a base for their international and local business activities in Hong Kong.

Here are some of the main benefits of opening a Hong Kong company:

Setting up a Hong Kong limited company is reasonable; you do not need to fly to Hong Kong to register a company there. Foreigners and international clients can own the company; there are no restrictions on nationality.

One private individual can be a company director and shareholder; at the same time you do need to have a Hong Kong company or a private individual to be appointed as your company secretary. Ukincorp provides you a nominee secretary service in Hong Kong with all range of Hong Kong company formation packages.

A Hong Kong company offers global recognition and banks do not have restrictions to open a business bank account for behalf of the company registered in Hong Kong. We can help you to open a bank account in Hong Kong, but your personal visit is required. We can also help you to open a bank account for the name of your company in Malta, Andorra, and Switzerland or in EU countries.

Hong Kong ruled under British Law, for most countries, Hong Kong is often viewed as the best gateway to do business in China, even Chinese business people are registering companies in Hong Kong for the further tax planning and reducing their liabilities.

You do not need to rent the office in in Hong Kong; you need to have the registered office address in Hong Kong, which we provide you upon a new company formation. Directors or shareholders do not need to be residents or citizens of Hong Kong, and you, being as the director of a company incorporated in Hong Kong, can manage your company affairs from any country in the world.

Hong Kong adopts a territorial principle of taxation, means that if the profit of your company generated outside of Hong Kong, and your business managed outside of Hong Kong, the income of your company is tax-free.

If you want to discuss your current situation, and find out benefits to register a new company in Hong Kong, or relocate your existent business activities to the name of a Hong Kong company, give us a call to get all information about the company formation, post-incorporation matters, etc.

Choose Us As Your Company Formation Provider in Hong Kong

HK Company Formation

We can help with your Hong Kong company maintenance on the yearly basic, as we described above, we can provide you a registered office address in Hong Kong. We can offer you different registered office locations, if it will be necessary, for example, you need to have two companies registered in Hong Kong for your business needs, and do not want to have them at the same address in Hong Kong. We can provide you a legal secretary, resident of Hong Kong, a nominee director and nominee shareholder.

We can help with filing of annual accounts and annual returns for behalf of your company with the Inland Revenue; we can also help with filing of trading accounts, audit services, etc. Just make a simple call to discuss what exactly you can have from us with a new company registration in Hong Kong.

Our mission is to provide high quality services to our clients over the long-term at competitive fees. You will find that we are able to render certain additional services exceedingly valuable when the time factor is of special importance. Ukincorp offers the following services:

  • Incorporation of Hong Kong and other onshore/offshore companies and structures
  • Full corporate management services
  • Registered office, business office address, mail redirection
  • Accounting services
  • Re-invoicing services
  • Asset protection and preservation advisory services
  • Business establishment services
  • Nominee shareholders, directors and secretaries
  • Preparation and submission of statutory returns
  • Preparation of resolutions
  • De-registration
  • Liquidation and dissolution of companies registered in Hong Kong

Why to Register a Company in Hong Kong & Reasons to Choose Ukincorp as Your Corporate Service Provider

Register a Company in Hong Kong

Officially forming a company in Hong Kong can lead to a lot of paperwork and bureaucracy, and the potential for headaches in drawn-out processes is increased when you need to carry all of this out in a foreign country.

However, by employing the services and expertise of an experienced business in this field, the entire process can be swift and straightforward, while remaining competitive and cost-effective. If you need to establish a business presence in Hong Kong, Ukincorp Ltd is one of the most experienced companies in this field, and they provide a number of different packages - this ensures that they have something to offer every level of business.

Company formation in Hong Kong has many advantages, and from a development point of view it is ideally situated for the ever-expanding economy of China. This global superpower may have a growing reputation for increasing trade and commercial opportunities, but there are also plenty of merits to be found within Hong Kong itself.

Any business that can show a Hong Kong address instantly carries a level of prestige within the global marketplace, and this entire region is also a banking and financial powerhouse of activity. It is the ultimate compliment to Hong Kong that a number of Chinese businesses are now taking advantage of taxation benefits by registering businesses in this former British protectorate.

Looking at the taxation issue further, this is one of the key reasons that businesses are so keen to incorporate in Hong Kong. A company registration in this region is desirable, and businesses typically benefit from a tax rate that can be as low as 16.5%.

In addition to this, the actual system of reporting tax liabilities is relatively simple and straightforward, and there are also a number of allowances that can actually reduce this amount further. If a certain amount of business activities takes place outside of this country, a company that is registered there may not even have any tax to pay.

If getting your company registered in Hong Kong is looking like an attractive proposition to you, there are a number of reasons for getting Ukincorp Ltd to take care of the entire process. At the outset, our website offers a wealth of useful advice that will assist you in making this very important decision.

Once you have decided that a company formation in Hong Kong is right for your business, their team of experienced representatives will be able to get all of the necessary paperwork completed and submitted. Getting an official business bank account is also something that will be taken care of, and it is a refreshingly efficient process when compared to the situation in other nations.

Once you have the added advantages that come with a registered office in Hong Kong, it may surprise you to know that you will be ready to commence trading in a matter of days - this factor is vital in the modern marketplace for any company that is operating in a time-critical situation. Please do not hesitate to get in touch with a Ukincorp Ltd representative for more information about any of our packages.

Main Reasons To Register a Company in Hong Kong

1. Hong Kong taxes are among the lowest in the world, and the tax regime is simple and predictable.

2. Profits tax payable by local and foreign companies is equally low 16.5%.

3. If a company registered in Hong Kong, operates outside of Hong Kong, and the place of a company management is not locating there, then, the company does not pay income tax in Hong Kong.

4. The actual tax bill is even less after various deductions and depreciation allowances.

5. There is no capital gains tax in Hong Kong.

6. Furthermore, there is no withholding tax on dividends and interest and no collection of social security benefit.

7. Salaries tax is also very low using a progressive tax rate imposed on all salary income of individuals derived in or from Hong Kong.

8. There is no sales tax or VAT in Hong Kong.

9. Hong Kong's legal system is separate from Mainland China.

10. The Court of Final Appeal operates in Hong Kong is staffed by senior judges from Hong Kong and distinguished overseas judges on rotation.

11. Hong Kong has developed into one of the world's major arbitration jurisdictions since establishing its International Arbitration Centre in 1985.

Incorporate in Hong Kong: What We Can Offer You

Incorporate in Hong Kong

Ukincorp is the firm with numerous years' experience in helping clients with formation of their businesses in Hong Kong, offering mostly the online Hong Kong company incorporation. Our expert and professional knowledge and wide and comprehensive experience when it comes to setting-up of companies in HK and offshore companies' structures has made it possible for us to provide the prompt, professional and very efficient service.

Our team of specialists will be pleased to help with your enquiries as they relate to establishing and also ensuring proper maintenance of international business companies which are partnerships and tax-free limited liability companies or establishing complex offshore corporate legal structures.

Checking our website, you will locate a number of useful information, tips documents which are downloadable, which can help you to learn what to consider when choosing among limited partnerships, private limited liability companies, public companies, and other structures.

Our proficiently trained, widely experienced, effective and efficient staff can help you kick off your own business in Hong Kong without any sweat nor the time-consuming, hassling aspects of red tape tangles and paper work. In the event that you are seeking practical guidance and quality information to establishing and running your Hong Kong limited company, we can provide you with a higher standard of advice and support than whatever other agency you can find dealing in offshore company formation. Our professional team of consultants and experts can get your tax-free company registered online right away from the beginning to the very end.

There is an understanding that we have; every single organization is blessed with its own unique set of circumstances and resources, which the structure of the company needs to properly channel. The right structure can make the difference between achieving a good result and achieving great results. On the off chance that you are faced with the headache of having to decide on the right type of business, permit us to help you out.

We can furnish you with the needed right hand to help you establish your dream of Hong Kong a company limited by guarantee which has a share capital, or which does not have a share capital, private company limited by shares and having a share capital, Hong Kong ship management and maritime organization and Hong Kong trusts just in few days.

We offer diverse incorporation packages with each option contingent on your business needs; each package gives you the complete non-resident company formation, which is always ready for commencement of trading within just few days.

Online Limited Company Formation in Hong Kong

Company Formation Online

Our incorporation packages for Hong Kong companies offer the flawless results for people who are stepping into business or smaller companies but whose financial budget will not be fat enough to consider bespoke business solutions, you cannot be subjected to any hidden charges or dumbfounds, - the exact thing you see is also what you pay! We can likewise help clients with the special requirements or needs, we could make a perfectly customized package that would fit your personal desires and needs.

In the event that you choose us as your offshore corporate service provider, you will come to the immediate realization that our team of proficient consultants, is your unique dedicated support team. We are into formation of business and business administration, we offer a range of comprehensive business solutions to start-ups, legal, corporate and tax advice. Since 1993, we have built an excellent international reputation for giving the highest quality advice and solutions for our clients.

Likewise, albeit the greater parts of offshore professionals have traditionally worked on an hour by hour basis, our principal target is selling top notch services and high-grade products than high-cost time. In the event that the scope of the work can be specified adequately, we strongly encourage an applicable percentage or alternative fixed-fee arrangements.

In the event that you might want a face-to-face personal consultation and more focused help with your business start-up in Hong Kong, give us a call on +44 (0) 207.935.5171 to talk about your needs and make an appointment with one of our professional consultants. An expert will get in touch with you at a pre-determined appointed time to talk about your personal circumstances, and your suggestions as they relate to your incorporation needs in Hong Kong.

Our project commences with a short meeting; this is where our counsel generates the required information to register a Honk Kong company for each client. The result incorporates personal help with the submission of order form.

On the off chance that you have queries about your company's legal aspects, you ought to speak to one of our advisors. We are very proud to offer a practical support, with our team of expert business consultants and advisers who can give you support to grow and strengthen your business. We can assist on the off chance that you need a qualified guidance and advice in any of the accompanying areas.

  • Step by step instructions to select the best Hong Kong business structure
  • Step by step instructions to begin and register your own business or company in Hong Kong jurisdiction
  • Step by step instructions to get your organization up and running
  • Reasons to register a private non-resident organization in Hong Kong, a limited partnership, a non-profit company or a trust
  • Step by step instructions to establish a subsidiary organization or a Hong Kong branch
  • Step by step instructions to manage your already established organization

You won't be left all alone once you have begun a Hong Kong organization, despite everything we are here to assist you with any problem that you may encounter as you establish and develop your business. Our consultants will provide answer to any enquiry you may have and explain what we or you may do in your present situation. In the event that it’s necessary, you may refer to us for more help as things progress.

Our team of full-time expert business consultants can lead you through the important steps to launch your very own business. Please, note that we hold meetings with lots of positional customers only by appointment.

In the event that you really don't need to seek guidance or any advice on how to register a company, you may just place an online order with programmed e-mail confirmation, e-mail notifications of changes in filing status and status updates. Our practice areas:

  • Determination of the best structure for offshore business for purposes of tax
  • Companies formation in Hong Kong (we can provide advise on and help with setting up international trading companies, patent, royalty, shipping and property management organizations, holding companies in Hong Kong, etc.)
  • Help with the opening of Hong Kong saving bank accounts, we have close relationships with numerous offshore banks like, Standard Chartered Bank, Standard Bank Asia, Commerzbank, Barclays Bank, Credit Suisse, and HSBC Bank International
  • We can likewise assist with UK business bank accounts opening for your Hong Kong corporation or just about any other offshore business entity
  • Provision of registered agent services and the registered office addresses
  • Hong Kong nominee officers provision (nominee director, nominee shareholder/member and nominee secretary)
  • Registering and licensing Hong Kong trademarks, copyrights, patents and design rights
  • Corporate management for Hong Kong companies
  • Bookkeeping and management accounts preparation
  • Statutory accounts preparation and filling
  • Ownership acquisition and transfer for new companies
  • Company structure amendment and amendment of directors and directors
  • Acquisition, transfer and disposal of assets and shares
  • Commercial contracts and agreements
  • IT related matters and intellectual property rights
  • Finance restructuring, financial arrangements, documentation and funding agreements
  • Voluntary striking-off, disintegration and restoration of companies to the register

Our Experience in Hong Kong Business Incorporation

Establish Company in Hong Kong

We can guarantee confidential, personalized, and reliable services at very competitive prices; we are customer-oriented organization, we value our consumers and offer great services to them all. We are totally aware of our client's needs and attempt to make the process of our teamwork as comfortable as would be prudent.

Within few days, we can incorporate Hong Kong organization and help you with the corporate bank account opening which is operated by a UK or Hong Kong banks. This is exactly what you will get in the event that you made a choice to incorporate with Ukincorp. We are the real organization, not a dot.co.uk or a scratch and dent section internet organization, our offshore knowledge-base and common sense with a huge number of offshore trusts, registered companies and partnerships has demonstrated to us that numerous new business owners need the fastest and easiest way to commence their new business.

As you endeavour to manage the development and overall success of your offshore business, you will need to have a team of adviser with the emphasis on giving advice from new businesses to mature business issues to clients all through the region. Ukincorp provides clients with proceeding business advisory services and has specialists who understand the pressures confronting little businesses. Experienced business specialists ensure clients get adventitious and viable advice.

Ukincorp' team supplies a wide range variety of hands on business help that is personalized to your requirements and very useful. Our services are carefully designed in order to meet business entrepreneurs needs, with a strong reputation in delivering bespoke answers for small and medium-size businesses, there is no better team of advisers to have on your side.

Advantages of Using a Business Formation Agent to Register a Limited Company in Hong Kong

Company Establishment in Hong Kong

Our company specializes in the intricate field of Hong Kong limited organization's formation, incorporation of Hong Kong business structures and their management in about eighteen zero or low-tax countries. Furthermore, we have competent consultants who will advise you on how to choose the most suitable type of business for incorporation, and register your general trading, holding and shipping organization. We may help to register a Hong Kong property management, or intellectual property management companies.

Our local accountants and lawyers are the best in their field, they are carefully selected for their reliability, professional capacity, and integrity. Therefore, there is no need for you to spend so much time after spending time to master the main regulating law, scaling greater part of paperwork or attempting to recruit people that you can trust – this has already been done for you!

Ukincorp is a professional organization which has been servicing the UK and international group with a diverse range of top quality of Hong Kong corporate structures incorporation and management services for a long time.

We incorporate Hong Kong joint-venture entities, companies, partnerships, and trusts. We provide the top notch business bolster services (Hong Kong corporate and private bank accounts, business and duty arranging, reviewing and overhauling organization' protected documents, preparation minutes of meetings and directors or/and shareholders resolutions, etc).

We don't indulge in hiding any fees from our customers, because we consider transparency as a vital virtue to us. Our service' fees and offshore business filings fees are available to our customers forthright. Our online recording makes the ordering and fusing processes totally convenient. Ukincorp is not just in the industry, it’s an industry leader in online Hong Kong business incorporation and documents processing.

With our enthusiasm for service and client success, we strive to make Ukincorp the most preferred choice of the small start-up businesses and new business registration. We are able to offer a full range of business registration services to diverse starters of businesses or existent business owners; we can undertake most types of corporate management related work.

Call us and speak with one of our knowledgeable representative. There is no expense or commitment, let us help you to begin a new business in Hong Kong. We will be pleased to examine your arrangements, requirements and suggestions, and to help you understand how the incorporation process functions.

We don't make use of automated machines for responses to our customers amid business hours, rather, professionals answer our phone lines. We appreciate the value of your time and also understand that the real person can't be replaced by a contemporary technology. This is true when it comes to make a vital business decision and where interaction and multiple views are essential.

When you call to request an appointment with our counsels, the receptionist will question you to qualify the appointment. We are consistently enhancing our services to better help our clients and meet their needs.

Private Company Registration and Post-Formation Services in Hong Kong

There is a need for a regular maintenance for all companies. Also, they must meet certain local reporting and statutory requirements, in spite of the fact that these are generally less tasking for offshore companies, but they exist. There are extra difficulties for those who don't have a relationship in Hong Kong and are neither familiar with the law generally nor with the extra efforts required for offshore area.

Notwithstanding, giving Hong Kong organization formation online, Ukincorp offers a host of services designed to bolster your business. This comprehensive rundown of services includes:

  • Development of partnerships, branches, representative offices, subsidiaries, representative offices, and trusts
  • Nominee director service
  • Registered office service
  • Hong Kong and private investment banking presentations
  • Development of hotel and tourism companies
  • Nominee shareholder service
  • Registration of offshore dispatching vessels in Hong Kong
  • Registered agent service
  • Management services
  • Administrative services
  • Nominee secretary service
  • Accounting and bookkeeping services
  • Development of real estate property and real estate partnerships in Hong Kong

Ukincorp helps you set up all major Hong Kong structures, for example, trusts, partnerships companies and bank accounts in Hong Kong, availing your security confidentiality, full freedom within the legal framework. We cater to the needs of both professional and individual clients all over the globe.

The Advantages of Hong Kong - Reasons for Setting up a Business in Hong Kong

Forming HK Company

An excellent hub for the establishment of international business in areas as diverse as financial services, trading and e-commerce, light manufacturing, shipping, property development and tourism. Distribute competitively priced VAT-free products and services to the markets of the EU, USA, China, Australia, New Zealand and Africa.

Hong Kong is a former British colony which is located to the east of the Pearl River Delta on the south eastern cost of China. An agreement between Britain and China engendered the transference of the sovereignty of Hong Kong to the People's Republic of China in 1997. The region is governed as a special administrative region of China, and enjoys a relatively high level of autonomy. Hong Kong is China's richest city, has one of the world's most liberal economies, and is a major international centre of finance and trade.

Chinese and English are both official languages in Hong Kong, and although not an offshore centre in the traditional sense, and thus without the same anonymity or low reporting standards offered by traditional offshore jurisdictions, companies in Hong Kong are subject to low taxes which are only levied on the portion of their income which is generated within the jurisdiction. As a former British colony, the company law of Hong Kong is based largely on English common law.

Hong Kong has one of the world's most liberal economies which is based solidly on international trade and finance. Needless to say that Hong Kong boasts a wide array of excellent professional services and business infrastructure.

Trade Mark Registration in Hong Kong

HK Trademark Registration

The trademark law of Hong Kong is based on the Trade Marks Ordinance Cap. 559, which came into force on 4 April 2003 and repealed the Trade Mark Ordinance Cap. 43. The system established by this legislation is entirely separate to the system used in the People's Republic of China, pursuant to the one country-two systems policy. The superseded law and the current law share many similarities with the relevant legislation in the United Kingdom.

The new law introduced various substantive and procedural changes, such as expanding the legal definition of a trademark; including or broadening protection for certification marks, collective marks, and well-known trademarks; reducing the period of non-use for revocation purpose from five to three years; and simplifying and streamlining procedures for the registration of assignments, and transactions such as licenses.

Registration of a trademark in Hong Kong commences with the filing of an application at the Trade Mark Registry of the Hong Kong Intellectual Property Department. An application may cover one or more classes of products and/or services.

Firstly, the application is assessed by an examiner for deficiencies, which go to formalities. The next stage is substantive examination, where the main grounds of objection could be raised: absolute grounds for refusal (e.g. where the mark is inherently not registerable), and relative grounds for refusal (e.g. where the mark is identical or similar to mark covered by an application or registration filed earlier in time).

If any objections are overcome, the application will be accepted by the registry and published for opposition purposes for an extendible period of three months to allow third parties to object to registration of the mark on certain grounds.

Once any opposition are resolved, a certificate of registration will be issued. The standard time frame to registration for an application which encounters few if any problems or difficulties is 12 months.

Difference Between Trademark Registration and Company Registration in Hong Kong

Separate laws and systems regulate the registration of company names, business names and trademarks in Hong Kong. A company name registration at the Companies Registry or a business name registration at the Business Registration Office (Inland Revenue Department) is not the same as a trademark registration at the Trade Marks Registry. A business or company name registration is not an indication of trademark rights.

There have been recent reports of registered trademarks or well-known trademarks being registered without authorization as company names with the Companies Registry (often with a minor variation of the name). We understand that such company name registrations are then used outside Hong Kong (principally in the Mainland) as a cover for promoting or dealing in infringing trademark goods.

A Hong Kong business registration certificate or a company registration certificate does not by itself indicate that the business or company has rights to use its name or a trademark in promoting or dealing in goods and services.

Furthermore, to address possible misunderstanding of the Hong Kong system in the Mainland, we have arranged a number of events to promote a better knowledge of our system among businesspersons and at the local government level. We shall particularly stress that a company registration is not an indication of intellectual property rights.

If you like to register a trademark in Hong Kong, please submit your inquiry by e-mail to consultations@ukincorp.co.uk, with the subject: "Hong Kong Trade Mark Registration" or by post: Attn: Ukincorp Ltd, Corporate Division, 120 Baker Street, London, W1U 6TU, or by fax: + 44 (0) 207.681.3318. Upon receiving the information, you will be contacted by one of the business consultant to discuss your needs.

Common Uses of Hong Kong Companies in Business

Setting up a limited company in Hong Kong offers a world of opportunity for overseas entrepreneurs. Not only do offshore companies based in Hong Kong enjoy a greatly reduced rate of tax, but a business address in the territory lends an air of business prestige to their proceedings. The respected status of a Hong Kong-formed company is recognised globally.

Company formation in Hong Kong is also known to be an ideal door-opener for initiating business relations with China, currently one of the world's most exciting economies. This is one of the main reasons why the cream of the world's business crop are congregating in the territory and enjoying huge success. What we do at Ukincorp Ltd is enable companies to register in Hong Kong, in the easiest manner possible. Our experienced team can cut through all the red tape on your behalf and incorporate your firm immediately. We have worked with companies in Hong Kong for a long time and know the most efficient methods to form your limited company there.

There are many different companies who find it advantageous to register in Hong Kong. Among the most common are international trading companies, financial services companies, property holding businesses, e-commerce and professional consultancies. Currently there are more than 2000 multinational businesses registered in Hong Kong. It is a leading global powerhouse, with China, America and Japan all having heavy representation there.

As Hong Kong is an important centre for international shipping and exportation, not only is easy to capitalise on impressive shipping services, which are already in place, but also trade support services are common. The industries who support trade, such as financing and banking exist to cater to the demand and these sectors are expanding fast.

Another function for many companies registered in Hong Kong is to sublicense intellectual property rights. They collect royalties earned from international copyrights and patents without having to pay a huge tax bill. Real estate property companies also form in significant numbers in the territory, due to the possibilities the country offers for avoiding capital gains and other hefty, property-related taxes.

There are, indeed, a number of lucrative funds and investments that benefit heavily from Hong Kong's low tax jurisdiction, but perhaps the most financially savvy of all are the holding companies which are set up, simply to own other companies or shares in them. They don't perform an actual function other than that of reducing risk for their owners.

With such commercial opportunity available in Hong Kong, an infrastructure has sprung up to supply those who will actually visit the territory at some point with modern, luxury business accommodation and workspaces. These include cutting edge communication services and everything else a Hong Kong business owner might need.

If you would like to be at the forefront of world business relations, why not give our highly respected team at Ukincorp Ltd a call and find out how easy we can make the incorporation process for you. With one simple phone call we will be able to take the information required to begin the registration procedure and move your business into an internationally enviable position.