May 25 2013
One of our customers request on setting up company in Hong Kong.
I plan to set up a HK private limited company to sell mobile iPhone apps through Apple’s App Store. I have a few questions, and would be grateful for your guidance:
1) Since my apps will be sold globally over the Internet, will I only need to file taxes in HK or also in other countries where buyers download my apps?
2) Will my company only be liable to paying HK corporate tax on income sourced from HK, or also on overseas sales? For example, if sales are US$100K, GBP100K and HK$100K in US, UK and HK, then will I only pay tax on HK$100K, and incomes earned in US/UK won’t be taxed either in HK, or in US/UK?
3) If I select one of your packages for company incorporation, I understand that I can obtain the Certificate of Incorporation and Business Registration Certificate, and also appoint company secretary, directors, accountant, auditor etc.
without physically coming to HK. However, for opening a bank account for the company, I will need to visit HK. Is this correct?