Hong Kong is situated at the south-eastern tip of the mainland of China. A total area of just under 1,100 square kilometers covers Hong Kong Island, Kowloon and the New Territories and Islands. Its population is around 8 million. Varied people come to HONGKONG to set up varied companies for varied purposes, since HONGKONG companies have their own varied advantages.

1. FLEXIBLE COMPANY’S NAME

In HONGKONG we are free to make a choice of companies’ names, if not registered before. We can use the words such as INTERNATIONAL, GROUP, HOLDINGS, INDUSTRIAL, INVESTMENT included in the company name. We also can use other country name in the beginning of the company name if we like. Entitle the name of filiale is more flexible than limited and unlimited company. The name can not end with "Limited".

2. REQUIRMENT

It must have a parent company in Hong Kong when set up the filiale, and provide the business license and business scope.

3. CHARACTER

Filiale is not an unattached company, and it belongs to parent company.

4. BUSINESS SCOPE

The business scope of filiale must be the same or similar with parent company.

5. PROCEDURE

Fill in application form→ Payment→ Sign legal documents→ Handle to Hong Kong government→ Finish within 6-8 working days→ Collect the documents

6. SERVICE AND PRICE

At WEBOND, we are able to prepare all the application forms and relevant documents and take care of all the procedures for you, and you get the following services at a fixed price of RMB2800.

---Business license;

---Three pieces of chops;

7. ANNUAL RETURN

The annual return time of filiale is the same with parent company. It needs to renew the business license every year, and the charge is RMB2000 per year.

8. TAX REPORT

Tax report of faille will be brought into parent company; there is no sales tax in Hong Kong.

9. TAXATION

The standard corporate profit tax rate of 16.5%, while the unlimited company’s profit tax rate is only 15%, it is relatively low compared with the other developed countries. In HONGKONG, any enterprises are required to have a financial report annually to the Inland Revenue Department. More details about the tax information are available upon request of our valued customers.

V.CONTACT INFORMATION OF WEBONS