Step 1: Before starting a Hong Kong company
Step 1.1 – Proven lifestyle models with Hong Kong LLCs for Non-Residents.
- Client examples
- As a self-employed: How to combine your lifestyle with a Hong Kong company?
- No residency – digital nomad (coming soon)
- Living in Vietnam (coming soon)
- Living in Thailand (coming soon)
- Living in Malaysia (coming soon)
- Living in Indonesia (Bali) (coming soon)
- Living in Cambodia (coming soon)
- Living in Philippines (coming soon)
- Living in Spain (coming soon)
- Living in Portugal – Madeira (coming soon)
- Living in Cyprus – Non-Dom status (coming soon)
Step 1.2 – A 1-page-summary of a Hong Kong company
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- Prerequisites: What are the requirements for a Hong Kong company?
- Tax system: How is the Hong Kong tax system
- How much is the dividend tax?
- How much is VAT?
- How much is corporate tax?
- How much is capital gains tax?
- How much is personal income tax?
- How much is salary tax?
- Tax exemption: Saving Taxes
- Costs: How much does a Hong Kong company cost?
- Setup: How much is the setup cost (first year cost)?
- Maintenance: How much is the yearly cost (audit, accounting, secretary, virtual office)?
- How much is the audit cost?
- How much is the accounting cost?
- How much is the secretary cost?
- How much is the cost of virtual office?
- How much is the renewal fee?
- Tax exemption: How to become an offshore company?
- Bank accounts: How to get a business bank account?
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- Setup
- Maintenance
- Company Types:
- Yearly director’s duties and responsibilities:
- Timeline: How long does it take to set up a company from application until invoicing?
- Best Usage of Hong Kong companies: How to make the most of a Hong Kong company? Examples.
Step 2: When setting up a company in Hong Kong
Step 2.1 – Prepare documents
- What documents do I need?
Step 2.2 – Choose company name
- How to choose a company name?
- Where to see whether company name is already taken?
- https://kshkcpa.com/company-name-in-hong-kong/
Step 2.3 – Company setup
- How to open a company in Hong Kong?
- How to register company in Hong Kong?
- https://kshkcpa.com/set-up-a-business-in-hong-kong/
- How to set up a company in Hong Kong?
Step 2.4 – Bank setup
- How to open a bank account in Hong Kong?
- Corporate banks
- How to open a corporate bank account in Hong Kong?
- What are the best corporate banks in Hong Kong?
- Virtual banks
- How to open a virtual bank account in Hong Kong?
- What are the differences between a digital and corporate bank account?
- How to open a bank account for a Hong Kong offshore company?
Step 2.5 – Service provider
- Full-service provider (audit, accounting, virtual office etc.):
- Separate services:
- Accounting services:
- Virtual office services:
- Secretary services:
Step 2.6 – Choosing a payment gateway
Step 3: When owning a Hong Kong company?
Annual Obligations
Auditing
- How is the process for the yearly audit?
- Why is a company audit mandatory?
- What are the audit requirements?
- What are audit is required for my Hong Kong company?
- What are the audit standards in Hong Kong for E-Commerce businesses?
- What documents are required for a Hong Kong company audit?
- Tips for audit in Hong Kong
- Tax implications of audit findings
- Audit process demystified
- Audit risk analysis and challenges
- How to hire an external auditor?
Accounting
- How is the process for the annual accounting?
Renewal
- How is the process for the annual renewal?
Employer’s return
Filing of Documents
- Which documents to save and how to save them?
- How to file receipts and invoices?
Offshore tax exemption application
Tax payment
- How and when to pay taxes due to the government?
Terminologies
Step 4: Earn more money with your Hong Kong LLC
Others
- https://kshkcpa.com/nominee-director-hk-company/
- https://kshkcpa.com/company-chop-stamp-in-hong-kong/
- https://kshkcpa.com/annual-returns-in-hong-kong/
- https://kshkcpa.com/company-audit-in-hong-kong/
- https://kshkcpa.com/hong-kong-withholding-tax/
- https://kshkcpa.com/hong-kong-double-taxation-agreement-and-treaties/
- https://kshkcpa.com/hong-kong-budget-highlights-2022-23/
- https://kshkcpa.com/hong-kong-profit-tax-return-guide/
- https://kshkcpa.com/hong-kong-accounting-standards/
- https://kshkcpa.com/hong-kong-income-tax-and-taxation-system-explained/
- https://kshkcpa.com/incorporating-a-company-in-hong-kong/
- https://kshkcpa.com/company-compliance-in-hong-kong/
- https://kshkcpa.com/hong-kong-company-tax-planning/
- https://kshkcpa.com/what-is-a-company-audit-in-hong-kong/
- https://kshkcpa.com/everything-you-need-to-know-about-hk-payroll/
- https://kshkcpa.com/essential-tips-for-new-business-owners-on-hong-kong-company-audits/
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