When you are ready to form a business in Hong Kong, China, Singapore, or other countries in Asia Pacific, we'll take care of all the work for you. This process includes company name search, registering with government authorities, obtaining corresponding certificates/licenses, preparing statutory documents, etc. For its low tax rates, many overseas organizations to relocate their business units to Hong Kong. While corporate profit tax rate is low at 16.5%, Hong Kong does not have capital taxes, withholding taxes on interest & dividends, sales taxes, or VAT. In addition, according to the territorial principal of taxation, taxes are not levied on the income originated from outside of Hong Kong.