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Mainland China
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Hong Kong
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BVI
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Capital
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Minimum authorized / registered capital
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-
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HK$ 2
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US$ 50,000
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Minimum paid up capital
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Not less than
RMB 1,000,000
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HK$ 2
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- |
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Shareholders
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Minimum number
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1
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2
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1
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Bearer shares
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Not allowed
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Allowed
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Allowed
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Disclosure of beneficial shareholders
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Not necessary
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Not necessary
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Not necessary
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Nominee shareholders
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Allowed
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Allowed
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Allowed
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Directors
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Minimum directors
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1
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2
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1
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Disclosure of details of directors
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Needed
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Needed
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Not necessary
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Resident directors
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Yes
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Not necessary
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Not necessary
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Corporate shareholders
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-
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Allowed
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Allowed
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Taxation
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Characteristics
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No tax on offshore profits
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No tax on offshore profits
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No tax on offshore profits
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Profits tax rate
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15 - 33%
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16%
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-
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© Poken & Co. Certified Public Accountants, Hong Kong, 2003. All right
reserved.
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