Companies in Hong Kong

Hong Kong operates a territorial tax system - only profits sourced in Hong Kong are subject to the 16.5% profits tax. A Limited Company can be formed online in 1-2 business days via the Companies Registry's e-Registry service; no local director is required (non-residents can fully own and control HK entities). HKEX remains Asia's second-largest IPO venue after mainland China. Many China-focused unicorns use a VIE (Variable Interest Entity) structure with a Cayman parent and HK subsidiary controlling mainland operating entities.