HK Tax Rules came from British Common Law, therefore HK’s tax rules are adopted Duty Free of Overseas Income. Normally , HK’s tax is Profits Tax which is 16.5% , it happens when you are having profits in HK, otherwise , you don't need to pay Profits tax. The standards of Profits Tax are very clearly , it depends on does your company is using HK resources , if not , you have to avoid have business connection with Local HK company.

Advantages & Functions 

After transferred back China, the majority of offshore companies were chose set up in BVI and SAMOA. Why HK is good option ? Advantages as below:
1. Proper Company Image: HK’s company doesn't like BVI or SAMOA, HK’s company is more like proper company.
2. Good Reputation: HK’s Companies have never been added in black list of OECD.
3. Simply Legalisation: Comparing with other offshore company , HK’s company is easier to be legalised for investing in Mainland China.
4. Join HK exhibition: HK company have special benefits when joining Exhibition in HK.
5. Import Declaration: Company has to have Business Registration when they are declaring import  goods.
6. Bank Account Opening: The majority banks are accepted HK company.
7. OBU opening: HK company means offshore entity for Taiwan , hence HK company is allowed to open OBU in Taiwan. Running OBU is very flexible, it can also separately HK’s Bank account Balance.
The majority of HK company are acted as “Holding Company”. For instance: Investing in CN/VN/TW as holding company, Simplified incorporating processes and company’s files legislation,besides, HK company has good will , the company could also apply for TRADE MARK.

Specification Of HK Incorporation

1. Company’s English Name (Chinese if any)
2. English Contact Address
3. Minimum 1 Director/Shareholder Passport Copy
4. Registered Capital is HKD 10,000