Property Tax is 15% of the net rent income earned from owning properties after deduction of 20% standard tax relief for renovation and expenditure. Rental income from flats outside HKG are not subject to Hong Kong tax and, mortgage loan interest (if any) is not a qualified expenses of the Hong Kong company.

Chinese Academy of Social Sciences evaluated the competitiveness of the scope of the cities in China and listed out ten cities with the highest competitiveness. RMB Cross-border Trade Settlement and Financing - The RMB financial platform in Hong Kong is well developed and is capable of handling different kinds of RMB financial transactions.

The profits tax here is 16.5% and no VAT/ GST. The first tax filing will be on the 18th month since incorporation. And, there is no requirement for the minimum amount of paid-up capital under the Companies Ordinance.

Integrated Account Service - all-in-one account (current + savings + time deposits + investments + loans). You can get the account number, safety device for internet banking, the pin number of internet banking, pin number for phone banking, the ATM card when you are here. This arrangement is a favour to our overseas clienteles and one of the services we are proud of.

Hong Kong retained its position as the freest economy in the world, followed by Singapore and Australia. Hong Kong was ranked first on three factors : trade freedom, investment freedom, financial freedom.