Setup Company

T2 Limited promotes the Digital Nomad Lifestyle of Freedom & Adventure – to live and work wherever convenient. We do remote work in EMBEDDED SW SYSTEMS, C or ASSEMBLER CODING, TECHNICAL DOCUMENTATION, or TRANSLATION; with burning enthusiasm and a genuine passion to deliver outstanding work results. T2 Limited stands for Quality of Life & Quality of work.


Hong Kong – Right place, Right time, Right now (立足香港 邁向國際)

香港 Hong Kong is the perfect

location for a company, and particularly so if you’re aiming for Digital Nomad operation across South East Asia. This page gives a few tips and links how to set up a company in 香港 Hong Kong. All information on this website is based on personal hands-on experience from setting up T2 Limited. Let’s start with a few quick-facts about business conditions in this exciting city:

  • Personal salary tax is 15%
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Personal salary tax is 15%
  • Profit tax for companies is 16.5%
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Profit tax for companies is 16.5%
  • No VAT or sales tax
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No VAT or sales tax
  • Virtually no public debt
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Virtually no public debt
  • strong legal system
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strong legal system
  • Rigorous anti-corruption measures
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Rigorous anti-corruption measures
  • Highly educated workforce
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Highly educated workforce
  • Excellent infrastructure and perfect location
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Excellent infrastructure and perfect location
  • High international ranking for competitiveness
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High international ranking for competitiveness
  • General good knowledge of english - Hong Kong is an officially bilingual territory
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General good knowledge of english - Hong Kong is an officially bilingual territory
  • High international ranking for ease-of-making-business
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High international ranking for ease-of-making-business
  • Rated ”the worlds freest economy” every year since 1995
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Rated ”the worlds freest economy” every year since 1995
  • 香港 Hong Kong government actively supports new companies, InvestHK
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香港 Hong Kong government actively supports new companies, InvestHK

One-stop contact in 香港 Hong Kong

If you consider setting up a company in 香港 Hong Kong, the free service of Hong Kong Government’s Invest Hong Kong (投資推廣署) is highly recommended as a good one-stop contact for all kinds of business related information. Their website contains easy step-by-step information how to get started and setup your company and you can also get lots of practical advice for free: ”Whenever you have a question, InvestHK has the answer”. I have received invaluable help and advice when setting up T2 Limited so I can testify that this slogan is not only ”mouthware”.

香港 Hong Kong government supports business

by offering various support programs to help SMEs set up and expand their business in 香港 Hong Kong; including incubator programs, loan guarantees, and funds for marketing. More information here.

Taxes in 香港 Hong Kong

are pleasantly low, and relatively uncomplicated. To begin with there is no VAT or sales tax at all. Profit tax for companies is 16.5% and your personal salary tax is, as a rule of thumb, 15%. That’s about all there is to it… ah yes, one more thing! For business contracted and carried out entirely outside of Hong Kong, the tax is zero. For more details please refer to this information pamphlet issued by the Inland Revenue Department of Hong Kong SAR.

A good company secretary

is fundamental to the success of your business. Hong Kong law stipulates that a Limited company must have a Company Secretary, and furthermore you will need a reliable partner who knows the laws, what needs to be done administrative-wise, who keeps track of important dates for handing in annual returns, audit reports etc; so that you yourself can focus entirely on managing your business. ILS Fiduciaries is the company secretary of T2 Limited and offers good service and quick turnaround for questions. ILS Fiduciaries can also provide qualified advice about practicalities such as opening a bank account, visa and residency, taxes, etc.

Check your prospective Company Name

Hong Kong government provides a free website to check out potential names for your new company; to find out whether the prospective name is already registered or available.

Shared office space for start-ups

If you are a small startup and want to take advantage of inexpensive shared office space combined with good opportunities to network with entrepreneurial colleagues in similar situation, as well as with potential clients and financiers, then this site: Cocoon – born to fly, could be of interest. There are plenty of options when it comes to shared and/or serviced office space, but Cocoon is so far our favourite.

Cocoon - born to fly

Cocoon – born to fly, Tin Hau, Hong Kong

Recommended Web host in 香港 Hong Kong

There are several options but T2 Limited would like to recommend Internet Solutions as your web host in 香港 Hong Kong. They offer quality web hosting including good price, flexible packages, good email services, high functionality, powerful yet easy-to-use user dashboard/tools, domain registration, and excellent and quick support for all types of questions. This site, http://t2Limited.com, is hosted by Internet Solutions.

More opportunities for the Science and Technology startup

Other sites of interest for science and technology startups in 香港 Hong Kong include Hong Kong Science & Technology Park (香港科学园) which is a business park beautifully set on the waterfront near the Chinese University, and with a strong committment towards environmental friendly and sustainable business.

Hong Kong Science and Technology Park

Hong Kong Science and Technology Park (香港科学园)

Trade shows and exhibitions in 香港 Hong Kong

Being an international hub for trade, business, finances and travel, it is no wonder that 香港 Hong Kong is also big on trade shows and exhibitions. Just a quick look in the calendar of Hong Kong Convention and Exhibition center reveals 69 events for 2014, and this is only in one of many big similar centers. Other examples are AsiaWorld – Expo at the Hong Kong international airport and KITEC – Kowloonbay International Trade & Exhibition Centre. So there is always something going on!

Read more!

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