Company Incorporation
Hong Kong Company Incorporation
Macau Company Incorporation
Offshore Company Incorporation
BVI Company
Cayman Islands Company
Samoa Company
Seychelles Company
Anguilla Company
Bahamas Company
Bermuda Company
Marshall Islands Company
Mauritius Company
United States Company Incorporation
China Company Incorporation
Singapore Company Incorporation
Company Incorporation
HSEC is a reputed professional service company, with its offices in China and Hong Kong. Upholding the philosophy of “Integrity, Honesty and Trustworthiness”, we provide company formation in Hong Kong, mainland China and offshore company registry for Chinese and foreign investors, leveraging on our unique advantages to facilitate the ever-changing requirements of the markets. Our company secretary services further assist our clients in their subsequent operations.
From open a company in Hong Kong, China or overseas, business registration to maintenance, our company formation advisors are familiar with the company laws and tax systems in every location of the globe, and can provide full support for investors to develop their businesses in line with the laws and regulations of different regions
Hong Kong Company Incorporation
Hong Kong is a metropolitan integrating opportunities, creativity and entrepreneurial spirit, and it has been rated “the world’s freest economy” for 24 consecutive years by the Heritage Foundation. As an international financial centre, Hong Kong is favored by worldwide investors due to its established legal system, simplified taxation system, low taxation rate, well-equipped infrastructure and communication facilities, and high quality professionals. Hong Kong offers unlimited business opportunities, and serves as a platform to global economy and commerce, whose advantages are well known, so tens of thousands of international businesses benefit from setting up a company in Hong Kong. HSEC is able to offer expert services to help your business with Hong Kong company registry.
- Sound legal system
- Gaining international credit by making use of Hong Kong’s reputation
- As an international financial centre, Hong Kong has multiple financing channels
- With the absence of foreign exchange controls, funds can be circulated freely; foreign currencies can be exchanged and transferred as needed, and credit operations can be handled conveniently and quickly
- No limitation on business scope and simple follow-up service
- Simplified taxation system, low taxation rate (only applies to profits tax, the tax rate for the profits of the first HK$2 million is only 8.25%)
- Tax needs to be declared just once per year
- There shall be at least one shareholder and director over 18 years old
- One legal secretary (position taken by a Hong Kong permanent resident or Hong Kong company)
- There shall be one registered address in Hong Kong
- E-filing incorporation (requires 1 working day)
- Registration of a new limited liability business with company register (requires 5-6 working days or so) (after the particulars are fully collected and due diligence is passed)
- Purchasing a Shelf Company (requires 2 working days or so) (after the particulars are fully collected and due diligence is passed)
- Chinese and English names, or single Chinese or English name of the company
- Copies of ID cards or passports of shareholders and directors
- Registered address of the company (if unavailable, we can provide one for you.)

Macau Company Incorporation

Macau, also Macao is a commercial city with a very open economy, advantageous geographic location and complete infrastructure. Macau is also a free port without exchange controls, and funds can flow in and out freely; thus many investors have been attracted to invest in Macau.
There is no special restriction on Macau company incorporation, and Macau practices a low taxation rate system, with limited items of taxation. In recent years, favorable factors have been increasing in Macau, and economic environment has met sustained development, in particular, hospitality and tourism, which drove the rise of Macau’s economy, and the international community showed increasing confidence concerning investment in Macau. At the same time, Macau is also one of the freest and most open regions for global trade and investment.
- Stable financial system
- Satisfactory trading environment
- Low tax rate: offshore companies can be exempt from profit tax, business tax, inheritance and gift taxes, property transfer tax, stamp tax and salaries tax for the first three years of employment (non-Macau residents)
- Potential offshore service centre
- Platform for economic and trading cooperation between mainland China and Portuguese-speaking countries
- Personal commercial enterprise
- Corporate commercial enterprise
- Economic interest group
- Basic Period
From January to December of each year - Business Tax
Corporate enterprises or individual persons that operate any industrial and commercial activities shall be subject to business tax at the taxation rate determined according to business operation, generally at a sum of MOP300 (or USD37.5) - Profits Complementary Tax (Income Tax)
Profits from industrial and commercial business operations is subject to income complementary tax, at a taxation rate of 12%
Taxation of not more than MOP3,000 shall be fully paid in September. Taxation more than MOP3,000 shall be paid in two installments between September and November. In case of taxation paid by installment, a default in payment of the first installment of taxation within September as provided will cause overdue interest and 3% of unpaid taxation levied additionally, and will cause the second installment of taxation to become due immediately.
Employers shall contribute MOP30 per month for native employees who shall contribute MOP15 per month. Employers shall contribute MOP45 per month for non-native employees who shall contribute nothing.
- Chinese and English names of company
- Copies of ID cards or passports of shareholders and directors
- Copies of ID cards or passports of relevant staff
- Registered address of company
- Registration of Macau local or offshore company (requires about 3 to 4 weeks)
Offshore Company Incorporation
Some countries and regions (such as BVI, Samoa and Cayman etc.) have formulated some especially loose tax systems to attract worldwide investors coming to those countries for company incorporation. This kind of company is generally not subject to any tax, except an annual license fee, and it can be listed in other countries or regions. Therefore, it is usually the best choice for most of the multinational enterprises to carry out structural arrangement.
An offshore company is different from a general limited company mainly with regard to tax revenue; that is, revenue from an offshore company is not subject to any tax payment, nor to any tax declaration, and the shareholders’ information, shareholding percentage and revenue status are entitled to high confidentiality.
- Provide privacy protection, without disclosing the identity of shareholders and directors
- No tax declaration or collection
- Free from foreign exchange controls
- No registered capital required
- Chinese characters in company name allowed
- No submission of annual return, audit report and financial statement required
- Increase enterprise image and easier for financing
- Tax planning
- Acting as a holding company
- International trade
- Investment
- Offshore listing

BVI Company

British Virgin Islands (BVI) is a group of about 40 islands. It takes approximately 25 minutes flying time from east of Puerto Rico where situated between the Atlantic and the Caribbean. Being a member of the British Commonwealth, BVI applies a legal system based on English Common Law (its Business Company Law includes some terms in Delaware Law), which operates in concert with local acts.
Because a BVI company is not required to pay tax, nor bound to foreign exchange controls, and information for submission for filing requested by local government is minimal, many multinational companies and persons are attracted to BVI company registry. At present, BVI has become one of the most popular places globally for offshore registration.
- Provide privacy protection, without disclosing shareholders and directors
- No tax shall be declarable and payable
- Registered capital is not required, and bank accounts can be opened all over the world
- Companies can use Chinese names
- It is not required to submit audited accounts
- There shall be at least one shareholder and director over 18 years old
- There shall be a local person or company to act as agent
- 50,000 shares
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- It takes about 12 working days to register a brand new company (after the particulars are fully collected and due diligence is passed)
- It takes approximately 3 working days to purchase a ready-to-use shell company (after the particulars are fully collected and due diligence is passed)
Cayman Islands Company
Cayman Islands, situated in the West Caribbean Sea, 640 km south to Miami and 268 km northwest to Jamaica, belongs to British Overseas Territory. Cayman is one of the offshore jurisdictions accepted by Hong Kong Stock Exchange for listing in Hong Kong.
Cayman Islands Companies Act is based on English Common Law. Companies are of two categories: Exempted Company and Non-Resident Company. Exempted Company is a more popular form of registration, the name of which need not end with “Limited”, and it can apply for a 20-year term tax exemption certificate to further increase its tax advantages.
- Provide privacy protection, without disclosing shareholders and directors
- Company is granted listing in Hong Kong Stock Exchange
- No tax shall be declarable and payable
- Chinese name can be shown in the Certificate of Incorporation of company
- No exchange control, easy to raise capital
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- The registration takes about 30 working days (after the particulars are fully collected and due diligence is passed)
- There shall be at least one shareholder and director, who can be legal person or individuals, without nationality restriction.
- USD50,000

Samoa Company

Samoa, independent since 1962, situated in the South Pacific Ocean east of the International Date Line, is composed of 9 islands, whose basic local language is English. The existing service structure in Samoa is complete; therefore many famous accounting firms set up their offices in this country, and law offices are also numerous here. At present, there are 3 retail banks in Samoa. In addition, the China Embassy in Samoa will be more helpful to apostil and certify the documents needed to operate in China.
- Provide privacy protection, without disclosing shareholders and directors
- No tax shall be declarable and payable
- Company’s name in Chinese (or other languages) can be shown on the certificate of incorporation
- Company can store its documents in any language
- It is permitted to relocate the company in a convenient and effective manner
- There shall be at least one shareholder, director and company secretary
- It is required to compile the registers of directors, secretary and shareholders and store them in the registered office
- 1 million USD
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- It takes about 15 working days to register a brand new company (after the particulars are fully collected and due diligence is passed)
- It takes approximately 3 working days to purchase a ready-to-use shell company (after the particulars are fully collected and due diligence is passed)
Seychelles Company
Seychelles is an independent republic within the British Commonwealth. Seychelles is composed of about 115 islands in the Indian Ocean, whose legal currency is mainly the Seychelles Rupee.
The Seychelles Company is mainly divided into two categories: International Business Company (IBC) and Company Special License (CSL). Generally, IBC is more commonly registered.
Seychelles applies the IBC Act as its main companies’ act, under which company incorporation, operation and taxation are comparatively simple, and less information is required to be disclosed.
- Provide privacy protection, without disclosing shareholders and directors
- No tax shall be declarable and payable for offshore business activities or transactions
- Company can use Chinese name
- With no exchange control, it is easy to raise capital
- There shall be at least one shareholder and director, without nationality restrictions
- Local registered address
- USD 1,000,000 for International Business Companies
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- It takes about 16 working days to register a brand new company (after the particulars are fully collected and due diligence is passed)
- It takes approximately 7 working days to purchase a ready-to-use shell company (after the particulars are fully collected and due diligence is passed)

Anguilla Company

Anguilla, a British Overseas Territory, is situated 100 miles east of Puerto Rico and neighboring British Virgin Islands. This Island is stable politically and economically, with a good control system over its financial services industry, so global, large-sized accounting firms and banks have set up offices here.
Anguilla is a tax neutral jurisdiction, where all registered companies are entitled to zero rate preference. In addition, Anguilla does not distinguish between local and overseas offshore companies, and therefore, many investors choose to register their companies here.
- No tax shall be declarable or payable
- Company can use Chinese name
- No requirement to submit annual returns
- Privacy protection is provided, and it is not required to disclose information concerning shareholders and directors
- Company can issue registered or bearer shares
- There shall be at least one shareholder and director
- There shall be a local person or company to act as agent
- Local registered address
- USD1000,000
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- It takes about 14 working days to register a brand new company (after the particulars are fully collected and due diligence is passed)
- It takes approximately 3 working days to purchase a ready-to-use shell company (after the particulars are fully collected and due diligence is passed)
Bahamas Company
The Bahamas are a group of more than 700 islands located from Caribbean Sea to the South East of Florida, USA and have been an independent member of the British Commonwealth since 1973.
The Bahamas Companies Act is regulated by the Bahamas IBC Act which in turn is based on the BVI IBC Act. The Bahamas IBC Act permits related persons to set up special purpose vehicles (SPV), i.e. finite companies.
- Provide privacy protection, without disclosing shareholders and directors
- No tax shall be declarable and payable
- It is not required to declare the beneficial owner
- It is not required to declare financial conditions
- Overseas offshore companies are exempt from taxation in the Bahamas, and there are no Inheritance and Gift Tax
- There shall be at least one shareholder, and bearer shares cannot be issued
- It is required to appoint at least one director
- The company shall have a common seal, and provide its specimen to the Companies Registry
- USD50,000
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- The registration takes about 30 working days (after the particulars are fully collected and due diligence is passed)

Bermuda Company

Bermuda, situated in the West Atlantic Ocean, is about 917 km from the coast of North Carolina, USA. Bermuda has enjoyed internal autonomy since June 1968, while the UK controls the external affairs and internal security of Bermuda through the office of a Governor. English is a common language, and Portuguese is also in use.
Bermuda follows the British-based legal system. A Bermuda company is an exempted company designed by foreign investors, which does not have to pay capital gains tax, value added tax, sales tax or gift tax.
- Provide privacy protection, without disclosing shareholders and directors
- No tax shall be declarable and payable
- No double taxation treaties with other countries
- Company is granted listing in Hong Kong Stock Exchange
- There shall be at least one shareholder. Shareholder can be legal person or individuals, without nationality restriction
- There shall be at least two directors. Directors must be persons, without nationality restriction
- USD12,000
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- The registration takes about 40 working days (after the particulars are fully collected and due diligence is passed)
Marshall Islands Company
The Marshall Islands are situated in the Central Pacific Ocean between Indonesia and Hawaii. Languages spoken are Marshallese and English, and the currency is the US Dollar. Non-native residents who set up a Marshall Islands Company will be lawfully exempt from all taxes.
- No tax shall be declarable and payable by Marshall Islands IBC
- It is not required to disclose information concerning shareholders and directors
- Company can issue bearer shares
- It is not required to submit annual returns, accounts or financial statements
- No exchange controls, and easy to pool capital
- There is a stable political, economic and trading environment
- There shall be at least one shareholder and director
- Local registered address of company
- USD 50,000
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- It takes about 14 working days to register a brand new company (after the particulars are fully collected and due diligence is passed)
- It takes approximately 4 working days to purchase a ready-to-use shell company (after the particulars are fully collected and due diligence is passed)

Mauritius Company

Mauritius is situated in the Indian Ocean, 1,200 miles off the southeast coast of Africa. Mauritius is a democratic republic, with stable politics and complete communication facilities, where multinational accounting firms have set up their offices and domestically opened international banks are also increasing. A Mauritius-based international business company (a Category 2 company) now has characteristics similar to a BVI international business company (IBC). To operate this kind of company, no tax is declarable or payable except for an annual license fee.
- No tax shall be declarable and payable by an international business company
- It is not required to submit annual returns
- Privacy protection is provided, and it is not required to disclose information concerning shareholders and directors
- At least one shareholder and director
- Local registered address
- Company name in Chinese and English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- The registration takes about 6 weeks (after the particulars are fully collected and due diligence is passed)
United States Company Incorporation
The State of Delaware is situated on the east coast of the United States and is one of the most popular locations to register U.S. company. Companies incorporated in Delaware account for more than half of the Fortune 500 companies as well as one out of every three companies listed on the New York Stock Exchange and the American Stock Exchange.
One frequently-cited advantage is that the state’s internationally renowned Court of Chancery, deals exclusively with corporate matters. The corporate laws of Delaware are very user-friendly and have often been used by other states as a standard for testing corporate laws. As a result, the corporate laws in Delaware are familiar to many lawyers both domestically and internationally.
The only tax typically payable is an annual franchise tax; there is no income state tax for Delaware Corporations or LLCs that do not conduct business in the US. If the company does not operate in US, and its shareholders, directors and Senior Executives are not US citizen, generally offshore company rules applied.
- Companies not operating in the USA shall only pay annual franchise tax
- Company name is not restricted
- Capital in cash is not required
- There shall be at least one shareholder and director, without corporate director
- It is required to appoint one chairman, treasurer and company secretary, which three roles can be performed by one person
- 1,500 no par value shares
- Company name in English
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- The registration takes about 30 working days (after the particulars are fully collected and due diligence is passed)

China Company Incorporation

Having a vast territory and well-developed manufacturing industry, in recent years China has continuously opened finance, service and trade industries, and significantly reduced the investment entry requirements of foreign enterprises in order to attract more foreign investments. At present, while no need to make paid-in registration capitals and provide bank credit certificates, foreign enterprises only have to set up filing in the regulatory authorities for easy registration.
Foreign investments are encouraged in industries ranging from manufacturing, wholesale and retail, leasing and commercial service, scientific research and technical service, agriculture, forestry, animal husbandry and fisheries, hydro-environment and public utility management, service organisations for the handicapped, elders and children, certain culture and sports, to entertainment.
Foreign invested enterprise shall undergo an industrial and commercial annual report from 1 January to 30 June every year from the following year after the incorporation.
A foreign investment enterprise shall submit an Annual Report of Foreign Investment Enterprise every year since the next year of its establishment. The report period is generally from January 1 to June 30 (The specific time is subject to the time announced by the Ministry of Commerce each year).
An employment labour contract must be signed for recruitment in China, and the rights and obligations of both parties shall be stipulated therein. The enterprise shall sign an employment contract with the employee within one month from the start of his/her employment. Labour contracts are classified into employment contracts with a fixed period, labour contracts without a fixed period and employment contracts with a period to complete the prescribed work.
In order to secure social welfare, enterprises set up in China have to pay certain amount of social insurances and housing provident funds for their employees each month, which are usually calculated in percentage of employees’ monthly salaries and together borne by the enterprises and the employees. In view of different living standards among cities, the accrual proportions in calculation vary from one city to another. The accrual proportions for social insurances and housing provident funds are shown below:
Singapore Company Incorporation
With its geographical advantages, Singapore has become one of Asia’s important financial, service and shipping centres and its economic model is known as “state capitalism”. According to the 2018 ranking report published by Global Financial Centres Index (GFCI), Singapore is the fourth largest international financial centre after London, New York and Hong Kong. As a world first-tier city rated by GaWC, Singapore is a member of the Association of Southeast Asian Nations (ASEAN), the World Trade Organization (WTO), the Commonwealth of Nations and the Asia-Pacific Economic Cooperation (APEC). Singapore has a good reputation of “garden city”, credited to its remarkable performance on landscaping and sanitation.
- Private Limited Company
The maximum number of shareholders is 50. - Listed Company
The number of shareholders is 50 or more. Once approved by local governmental authorities, company can issue shares and bonds to the public to raise capital. Special form companies include sole proprietorship, partnership business, limited liability partnership, limited partnership, etc.
- Excellent geographical position of a logistics centre
- Good company reputation
- Preferential tax policies
- Free and sound financial system
- Reduced trade barriers to sensitive technologies and access to international investment opportunities
- Bridge of trade financing and listing financing
- Platform for expanding international brands and protecting intellectual property rights; and
- Possibility of settling as immigrants
- Registered capital of at least 1 Singapore Dollar
- At least 1 nature person / body corporate shareholder with no nationality limitation
- At least 1 local director (citizens, permanent residents and pass holders residing in Singapore) (can be provided by HSEC)
- A local registered business address (can be provided by HSEC); and
- Specified business scope (at most two scopes can be specified within relevant industries)
- The company’s memorandum and articles of association
- Affidavit of compliance
- Certificate of identity
- Director’s letter of appointment and affidavit of qualification
- Reporting table of the company’s registered address and office hour; and
- Details of managing directors, company secretaries and auditors and share issue records (to be submitted within one month after incorporation)
- Company English name ending in PTE.LTD, meaning private limited company
- Original copy of directors and company originators’ ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
It takes about 2 working days to register a company (after the particulars are fully collected and due diligence is passed)
