Country's features:

Geographic location	Southeast China
Political regime	Special Administrative Region of the People's Republic of China
Population	7 153 519 (2012)
Language	Chinese (Cantonese), English
Currency	Hong-Kong Dollar (UKD)
Time zone	GMT+8

Features of the incorporation of a company:

Type of company	Limited Companies (Ltd)
Capital required	No minimum capital is required
Legal system	Common Law
Number of directors/shareholders	Minimum, 1 director/ 1 shareholder
Anonymity and confidentiality	The directors' and shareholders' names appear in the Public Registry so the services of a nominee and a secretary can be used
Secretary service	Yes
Corporate tax	Activity abroad: 0% Activity in the national territory: 10%
Wealth tax	0%
VAT	0%
Government taxes	Yes: N/A
Accounting requirements	Compulsory to keep accounts and submit annual reports (not publicly available).
Bearer shares	Unauthorized
Exchange control - non-residents	No

Related links:

• Government of Hong Kong website: http://www.gov.hk/en/residents/