Incorporate in Hong Kong
All you need is:
- A scan of your passport
- A utility bill to verify your address
- The fee
And it’s relatively cheap. The harder aspect is the bank account and the PayPal. That’s where you need some top secret strategies.
You don’t even have to fly to HK to incorporate unless you also want an HK bank account.
Immediately once you contact a firm you can either choose a ready made company or you submit your preferred company name and they check to make sure it hasn’t been taken.
Here is the database of ready made companies:
Note that ready made shelf companies (companies already in existence) versus companies from scratch are relatively the same regarding the time frame and the process. Some believe shelf companies to be better because there is an established history but generally I haven’t found that to be too useful so recommend you choose your name and start a company from scratch.
Email the copies of the:
- Scan of your passport
- Utility bill
Just wire the money and you’ll receive back 4 incorporation documents:
- Certificate of Incorporation
- Business Registration Ordinance
- Articles of Association
- Incorporation form
Literally in just a few days.
Additionally it includes other miscellaneous services such as an address. If you have a special situation the costs of course increase.
If you need a nominee (using someone who’s name shows up in the public registry instead of yours) then it’s more. The reason you’d want a nominee is so that your name for whatever reason doesn’t show up in the public registry accessible by the Dunn and Bradstreet database meaning your local government. This doesn’t mean you’re not liable – just means your name isn’t easily seen.
However, for example if any company that helps with the incorporation and supplies the nominee were to get subpoened of course they’d have to hand over your information. Any firm will. They’re lying if they say they’ll protect your info. Especially if it goes through the HK government and they mandate it. Sorry but that’s the way it is, however, if no one knows where you’re incorporated (if you’re very private for example) then it’s hard to know who to subpoena.