Hong Kong Economic Substance

Foreign investors possess numerous advantages by establishing business in Hong Kong.

Among them is a virtual office which is the easiest and cost-effective solution to create an office in jurisdiction. It includes Hong Kong business address, mail and courier services, phone services, statutory records maintenance and meeting facilities. The virtual office package can be extended to the real office facilities, including rent office and hiring local staff.

The creation of an office in the jurisdiction of your company allows to fulfill the requirements of banks for economic presence and continue servicing in your bank, as well as expands the possibilities for opening new bank accounts.

We are pleased to offer you packages of services for setting up an office in Hong Kong at the very competitive prices.

 

 

Virtual Office Package

 

Co-working agreement

US$750 annually

Local mobile phone number, including purchase and activation of SIM card

US$300

Handling and forwarding of incoming correspondence with email notification and forwarding of scan copies in accordance with the client’s instructions (up to 3 pages per month);

US$500 annually,

(plus refundable deposit US$200)

Storage of corporate documents

From US$600 annually

 

Economic Substance Package

 

Rent of dedicated office space

 

Refundable security deposit

From HK$3400 (US$440) monthly;

Double amount of monthly rent

Local mobile phone number, including purchase and activation of SIM card

US$300

An employee monthly wage

 

Monthly contributions to the MPF

 

From HK$4500 (US$ 600)

 

5% of the employee’s payroll

Filing of an employer to the MPF

US$ 300

Filing of Employers Return

US$ 800 (per 1 employee)

Professional services regarding payment of monthly contributions to the MPF

US$ 150 per month (billed annually)

One –time professional fee of MB Consultants (HK) Limited for the provision of services:

– search for an office space, including 3-4 premises to choose from;

– search for an employee, assistance in concluding an employment contract on behalf of the client’s company

US$2000

 

Additional services

Mail delivery with international courier services – from $ 100;

Scanning and e-mailing of documents – $ 5 per page


17.12.2020