B.String Business Consulting Ltd.

• 1

• 1

• 1

• 1

• HK$ 1

• US$ 1

• 1 and should be
  Hong Kong resident

• Not required

• No restriction

• No restriction

• Required

• Not required.
• Keeping of Hong Kong corresponding address
  is useful for corresponding with registration agent.

• Ready-made: 1 day
• Tailor-made: 7 working days

• Ready-made: 1 day
• Tailor-made: 12 working days

• Better

• Less good

• Less resistance as registration is open for public search

• Higher resistance as registration is not open for public search

• Same

• Same

• Profits Tax rate 17.5% but exempt for profit not deriving from Hong Kong

• Profits Tax rate Zero but limited to profit not derived from BVI.
• Company may still subject to tax of another country.

• Asset transfer can be achieved by share transfer.
• Has to pay stamp duty for share transfer.
• Updated financial statement is required for share transfer.

• Asset transfer can be achieved by share transfer.
• No stamp duty and no financial statement is required for share transfer.

• Easier and less requirement even for non-Hong Kong resident

More requirement and always request for

• Personal banker's reference letter of directors.
• Disclosure of beneficiary owner.
• Purpose of opening bank account.

• From HK$ 4,150

• From HK$ 7,400 (US$ 950)

• Business Registration HK$ 450
• Annual filing HK$ 105
• Accounting, tax filing and auditing required.
  Service fee starts from HK$ 4,000 per year.
• Total annual fee starts from around HK$ 7,000.

• License renewal US$ 600 (US$ 650 from Year 2005)
• No accounting, tax filing and auditing required

• No debt company can be de-registered at around HK$ 2,000
• Debt bearing company has to be winding up at around HK$ 20,000

• Just not to pay license renewal