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Hong Kong – Tax on Holding Company

Hong Kong - Tax on Holding Company

Holding – tax on holding company Tax in Hong Kong


XYZ Limited owns (holding):


1) ABC Limited
2) DEF Limited




XYZ Limited – 0 HKD income


ABC Limited – 1mil HKD
DEF Limited – 0,5mil HKD


income will be taxed only on the company’s level, right, meaning:


ABC Limited – 1mil HKD
DEF Limited – 0,5mil HKD


NO for:
XYZ Limited – 0 HKD income



Company formation in Hong Kong

company formation in BVI



What is a representative office?

COI - Certificate Of Incumbency

Representative office is set up by a foreign company to engage in business liaison in the selected country/jurisdiction or to enable clients to visit an domestic office where the main office is abroad.

However, it is not allowed for the office to be directly involved in operational activities. In general, a representative office can be established before an company formation, as the first step to enter local market and test the business environment in that particular country/jurisdiction.

Representative offices are usually easier to establish than a branch or subsidiary, as they are not used for actual “business” (e.g. sales) and therefore there is less incentive for them to be regulated.

For more information, contact us at:



Labuan IBFC Hong Kong/Shanghai Seminar October 2012

Greetings from Labuan IBFC Hong Kong/Shanghai Seminar October 2012. If you want to open up company in Labuan, let us know!

Hong Kong Company Incorporation Requirement

Hong Kong Company Incorporation Requirement

Minimum 1 Shareholder and Director is required – Directors & Shareholders can be same person;
shareholders and directors – No nationality restriction;
Minimum subscribed share capital is share 1 (e.g. 1share = 1 usd) However, shares might be nominated in any currency;


Corporate shareholder (any legal known entity) and director is allowed and documents required include :
Corporate Certificate of Incorporation;
Corporate Memorandum & Articles;
Certificate of Incumbency (If any);
Business certificate (if any)


Registered address in Hong Kong;
One Company Secretary and should either be Hong Kong resident or Hong Kong limited company;
Company name should not be same as those already taken.


What are we supposed to improve in Startupr? Suggestion from our customer


From our chat widown, contact us as well:

I am interested in starting a company in hong kong
[You are now in charge of this chat (type ‘help’ for commands)] [10/5/2012 9:00:12 PM] Visitor 1: Just going through the fees

Visitor 1
[10/5/2012 9:00:12 PM] Carmen: hello
[10/5/2012 9:00:16 PM] Carmen: 0) Hong Kong Government – 320 US$ (for incorporation and business license)
1) Startupr Incorporation – 59 US$
2) Registered address 75 US$
3) Startupr as a Agent/secretary – 75 US$
4) Annual Return and postal – 50 US$ + 55 US$ (gov fees of 25 US$ included)
5) Certified copy of Documents – 125 US$ + 95 US$ ( You will need it in order to open up a bank account in HSBC)
6) Bank Account opening in HSBC 45 US$
Total: 899 USD ( however you can customize your order)
[10/5/2012 9:00:18 PM] Carmen: fees
[10/5/2012 9:01:25 PM] Visitor 1: Thanks
[10/5/2012 9:02:05 PM] Carmen:
[10/5/2012 9:02:09 PM] Carmen: if you need more info
[10/5/2012 9:02:46 PM] Visitor 1: Ok i will read a bit, and contact you
[10/5/2012 9:03:04 PM] Carmen: no problem
[10/5/2012 9:03:07 PM] Carmen: any time
[10/5/2012 9:03:08 PM] Carmen: ….
[10/5/2012 9:03:12 PM] Carmen: I have alrady
[10/5/2012 9:03:13 PM] Carmen: 9pm
[10/5/2012 9:03:15 PM] Carmen: in HK
[10/5/2012 9:03:19 PM] Carmen: I will response
[10/5/2012 9:03:25 PM] Carmen: email tomorrow
[10/5/2012 9:03:31 PM] Carmen: if you don’t mind
[10/5/2012 9:03:47 PM] Visitor 1: i am actually mostly interested of the annual fees… The formation price is not an issue
[10/5/2012 9:04:10 PM] Visitor 1: ok, it is 8 pm for me too
[10/5/2012 9:04:11 PM] Carmen: annual fees…
[10/5/2012 9:04:25 PM] Carmen: 2) Registered address 75 US$
3) Startupr as a Agent/secretary – 75 US$
4) Annual Return and postal – 50 US$ + 55 US$ (gov fees of 25 US$ included)
[10/5/2012 9:05:39 PM] Visitor 1: great to have a fast and personal response 🙂
[10/5/2012 9:06:12 PM] Visitor 1: i sent few mails to other companies and just got automatic replies
[10/5/2012 9:06:49 PM] Carmen: 🙂
[10/5/2012 9:06:50 PM] Carmen: hmmm
[10/5/2012 9:06:53 PM] Carmen: well,
[10/5/2012 9:07:00 PM] Carmen: the customer is the KEY!!!!



Greetings from Hong KOng, there was an Labuan introduction – offshore banking and IBFC (INTERNATIONAL BUSINESS AND FINANCIAL CENTRE). I would like to recommend the next event taking a place in Shanghai.


This is the schedule for Labuan jurisdiction, I’m sure you will benefit from it:

Shangri La Pudong, Shanghai
Thursday, 11th October 2012


9.00 am
Arrival of Guests

9.30 am
Welcome Speech
Mr Ahmad Hizzad Baharuddin
Director-General, Labuan Financial Services Authority

09.45 am
Keynote Speech “Labuan IBFC; Malaysia’s engine of foreign investment”
Dato’ Mohammed Azlan Hashim
Authority Member, Labuan Financial Services Authority
Chairman, Labuan IBFC Inc Sdn Bhd

10.15 am
Investing into Iskandar Malaysia via Labuan IBFC
Datuk Ismail Ibrahim
Chief Executive
Iskandar Regional Development Authority


10.45 am
An Introduction to Labuan IBFC’s Legal Framework
Mr Anthony Neoh, QC, SC
Anthony Neoh Chambers

Leveraging on Labuan IBFC’s Tax Framework for Malaysian and ASEAN Investments
Ms. Jennifer Chang
Senior Executive Director
Price Waterhouse Coopers

Labuan Foundation – A Potent Vehicle for Wealth Management
Mr R. Krishnan, TEP
Director, Labuan Borneo Trustees Limited, Labuan
Partner, First Fiduciary (Labuan) LLP, Labuan

12.15 pm
Networking Lunch

your – company formation

What is an annual return ?

COI - Certificate Of Incumbency

A private company – Limited (Ltd.) having a share capital should, except in the year of its incorporation, file its annual return once in every calendar year. In Hong Kong it’s within 42 days after the anniversary of its date of incorporation, in United Kingdom it’s within 28 days after the anniversary of its date of incorporation.

• the name of the company;
• its registered number;
• the type of company it is, e.g. Limited;
• the registered office address of the company;
• the address where the company keeps certain company registers if not at the
registered office;
• the company secretary
• the name and address of the company secretary, where applicable;
• the name, usual residential address, date of birth, nationality and business
occupation of all the company’s directors;
• the date to which the annual return is made-up


Register company in Hong Kong or in United Kingdom

Startupr as a Silver sponsor of SW Beirut

Startupr as a Silver sponsor of SW Beirut

We are really excited, we have had a chance to sponsor the biggest Startup Event in Beirut, Lebanon.


By organizers:

“Did you know that Startup Weekend is a global network of passionate leaders and entrepreneurs on a mission to inspire, educate, and empower individuals, teams and communities. Come share ideas, form teams, and launch startups. Visite our website and join our community!


We help with registration to all companies around the world – your startupr




Hi, do you remember when I was posting an article about the European Parliament of Enterprises of 2008? Where I had been as a member of European enterprises.


It’s coming soon again. When? 18th of October, 2012.


Contact your chamber of commerce and register your company. I’m not really  sure when is the application deadline for each country however, it’s just a reminder.


by organizer: “For the “European Parliament of Enterprises” EUROCHAMBRES brings together over 750 business men and women, coming from 45 European countries who get a chance to ‘become’ Members of the European Parliament for one day, debating and voting on some of the most crucial topics currently at the heart of the political debate.

more info:


good luck with the application


tomas milar Customer Testimonial – Kameleon languages limited

My company ( specializes in online language teaching and interactive teaching material.

There are many things that have to be done when you open a new company ; It is amazing to be able to rely on Startupr to manage everything you need to be taken care of on your behalf.
In Tomas Milar, I found someone dedicated, honest, and above all effective.
The pricing for the service is transparent. Unlike the other incorporating companies, you can get all the information you need on Startupr website, you don’t need to send information about yourself before even knowing what the company has to offer.
You just see what you need – and get it done.
I highly recommend.