REQUIREMENT     1 Director

1 Shareholder (no nationality restriction; Shareholder can be the director)

1 Company Secretary (must be a Hong Kong Citizen or corporation)

ADVANTAGE          Ÿ  Limited company with limited liability. The risks of running a business could not affect the                               private property and wealth of the shareholder (separate legal entity).

Ÿ  The personal liability of the shareholder could not affect limited company’s asset.

Ÿ   Increase the confident and provide a better image to the client, banker and supplier of the                               company, hence helping the development of business.

Ÿ   Buying/selling a property with a limited company can prevent the investigation of personal “money                               source” from the Inland Revenue Department.

Ÿ  A priority of consideration would be given by the Immigration Department to the foreigner when                               applying business visa to set up a limited company in Hong Kong.

Ÿ  The name of the company is protected by law. It can stop other people to use the same company name                         for illegal purpose.

CAPITAL            Ÿ  Standard share capital: HK$10,000(including information fee)

                         Ÿ  Share capital exceed HK$10,000 shall charge 0.1%stamp duty.

TAXATION             Ÿ  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).

 Ÿ  The limited company’s profit from oversea is not included in the taxing system.

 Ÿ  Businessman who invests in China can use a limited company to sign an agreement of local and                               overseas capitalization to exclude the profits earned from oversea, therefore paying lesser Profits                            Tax in Hong Kong.

COMPANY            Annual Fee   RMB2500