MANSON CPA - Your Trusted Business Advisor & Boutique CPA Firm in Hong Kong
We deliver exceptional business advisory services tailored to Hong Kong's dynamic market, with a strategic focus on value creation and cost efficiency. Our dedicated team of experienced professionals is united by a singular mission - to enhance every client engagement by bringing unmatched efficiency, operational effectiveness, and economic advantage to businesses of all sizes.
About Manson CPA
Our Philosophy
Founded on the principle that clients deserve more than conventional risk and governance services, we're committed to delivering tangible value and strategic cost optimization. Our solutions are meticulously designed to strengthen your financial position and drive sustainable business growth.
Our Approach
We bring a distinctive methodology to every assignment, consistently focused on adding substantial value. Our team applies proven strategies to enhance efficiency, effectiveness, and economic advantage across all client engagements, ensuring measurable results for your business.
Our Expertise
Leveraging our profound technical knowledge and diverse industry experience, we address complex business challenges that extend beyond traditional audit frameworks. Our specialized insights enable clients to navigate regulatory complexities while capitalizing on strategic opportunities in Hong Kong's dynamic business environment.
Our Services
Accounting Services
Precision-focused accounting solutions customized to align with your unique business requirements. We deliver streamlined, timely reporting paired with intuitive Excel templates that significantly reduce your accounting burden while enhancing financial visibility.
Audit Services
Comprehensive audit expertise spanning multiple industries including SFC-regulated entities, software development, e-commerce, pharmaceuticals, legal practices, healthcare providers, and property investment portfolios. Our meticulous approach ensures regulatory compliance while identifying business optimization opportunities.
Business Bank Account Opening
Specialized guidance for establishing both traditional and virtual banking relationships in Hong Kong and international markets. Our strategic approach navigates complex banking requirements, connecting you with the ideal financial institutions to expedite your business launch and ongoing operations.
More Professional Services
Hong Kong Company Formation
Streamlined, paperless incorporation with Business Registration Certificate and Certificate of Incorporation delivered within three hours—ensuring your business launches without delay.
BVI Company Formation
Strategic British Virgin Islands incorporation services leveraging this premier jurisdiction's stability, confidentiality protections, and international recognition. Complete documentation provided within 7 days.
Taxation Services
End-to-end tax compliance support including precise computations, timely Profits Tax Return filing, strategic guidance on Hong Kong's tax framework, and expert assistance with offshore profits exemption claims.
Working Visa Services
Seamless navigation through Hong Kong's immigration requirements with direct Immigration Department advocacy, ensuring optimal approval rates and expedited processing for all entry permit categories.
Hong Kong Taxation System
0%
Hong Kong maintains a competitive edge with zero sales tax, dividend tax, capital gains tax, and inheritance tax, creating an exceptionally business-friendly environment.
8.25%
Preferential profits tax rate applies to the first HK$2 million of qualifying Hong Kong-sourced income, with a standard rate of 16.5% on amounts exceeding this threshold.
0%
Territorial taxation principle ensures only profits with a Hong Kong source are taxable, potentially allowing offshore operations to operate completely tax-free with proper structuring.
100%
Hong Kong maintains a fully independent tax system from mainland China, featuring transparent regulations, straightforward filing procedures, and minimal compliance burden.
Contact Us
Location
Room A, 29/F, United Centre,
95 Queensway, Admiralty Hong Kong
Our strategically located office in the heart of Hong Kong's business district ensures convenient accessibility for client meetings, consultations, and professional engagements.
Contact Numbers
Direct line: 852 3896 3721
WhatsApp: 852 5116 4889
Our dedicated professional team stands ready during standard business hours to promptly address your inquiries, provide expert guidance, and deliver responsive support tailored to your specific needs.
Email
info@mansoncpa.com
Connect with us electronically for comprehensive inquiries, detailed information requests, or to arrange a personalized consultation with our specialized financial and taxation advisors.
Hong Kong Company Incorporation, Tax Compliance and Bank Account Opening Guide
Company Incorporation Requirements
Discover the essential prerequisites including authorized share capital structures, shareholder composition options, director qualification criteria, and the mandatory appointment of a qualified Hong Kong-resident company secretary.
Incorporation Process
Experience our efficient incorporation service featuring comprehensive name availability verification, expert document preparation and submission, with certificate delivery guaranteed within just 3 hours of completed application.
Annual Compliance Requirements
Maintain perfect regulatory standing through our professional company secretary services, timely submission of annual returns, business registration renewals, meticulous accounting, statutory auditing, and comprehensive tax filing services.
Hong Kong Taxation System
Leverage Hong Kong's advantageous territorial taxation principle, benefit from exceptionally competitive tax rates, and explore potential exemptions available for qualifying offshore business activities conducted entirely outside Hong Kong jurisdiction.
Business Bank Account Opening
Navigate the complexities of corporate banking with our expert comparative analysis of traditional banking institutions, emerging virtual banking platforms, and strategic overseas banking alternatives tailored precisely to your unique business requirements.
Company Incorporation Requirements
Share Capital & Shareholders
Establish with a nominal share capital of HKD1, requiring only one shareholder (either individual or corporate entity) with no nationality restrictions or Hong Kong residency requirements.
Directors & Company Secretary
Appoint at least one director (who may also serve as shareholder) and engage a qualified Hong Kong resident company secretary to maintain statutory records and execute all mandatory regulatory filings.
Registered Office & Controllers Register
Secure a legitimate Hong Kong registered office address and establish a Significant Controllers Register documenting all persons holding 25% or greater ownership or significant control over the company.
Designated Representative
Nominate a qualified Hong Kong resident as designated representative responsible for maintaining the Significant Controllers Register and serving as the primary liaison with government authorities.
Incorporation Process
1
Complete Incorporation Application
Submit your proposed company name, select an incorporation package, provide a concise business scope description, and furnish comprehensive shareholder and director information.
2
Company Name Verification
Our team conducts a thorough name availability search within the registry database and promptly advises if alternative names are required.
3
Official Documentation Filing
Upon confirmation of payment, we meticulously prepare all statutory documents and electronically submit them to the Hong Kong Companies Registry.
4
Expedited Certificate Delivery
Receive your digital Certificate of Incorporation and Business Registration Certificate within just 3 hours of successful application submission.
5
Corporate Banking Facilitation
Commence the strategic process of establishing your business banking presence through traditional institutions, virtual banking platforms, or international banking solutions.
Company Name Guidelines
1
Freedom of Choice with Limitations
While Hong Kong offers considerable flexibility in company naming, all proposed names must be unique and not identical to existing registered entities. Additionally, names must adhere to regulatory guidelines regarding restricted or prohibited terminology.
2
Name Similarity Assessment
The Companies Registry evaluates name uniqueness beyond simple character matching, considering factors such as pronunciation, visual resemblance, and overall commercial impression when determining if a proposed name conflicts with existing registrations.
3
Bilingual Names
Companies may register with both English and Chinese names simultaneously. These dual-language identifiers will appear on all official certificates and must be consistently used together across all statutory documentation and business communications.
4
Chinese Character Format
Hong Kong's regulatory framework mandates the exclusive use of traditional Chinese characters for local company registrations. Simplified Chinese characters are not permitted for official company registration purposes within the Hong Kong jurisdiction.
Annual Compliance Requirements
1
1
Company Secretary & Registered Office
Appoint and maintain a qualified Hong Kong resident company secretary and establish a legitimate registered address where all statutory records must be preserved for potential regulatory inspection.
2
2
Annual Return Filing
Submit Form NAR1 to the Companies Registry within 42 days of your incorporation anniversary, providing comprehensive details of the company's corporate structure, including shareholders, directors, and appointed secretary.
3
3
Business Registration Renewal
Remit annual registration fees to the Hong Kong Government prior to your incorporation anniversary to maintain active business status and legal operating rights within the jurisdiction.
4
4
Accounting & Auditing
Maintain meticulous accounting records throughout the financial year, prepare comprehensive annual financial statements in accordance with Hong Kong Financial Reporting Standards, and engage a certified independent auditor for mandatory annual audits.
5
5
Tax Filing
Submit annual Profits Tax Returns (BIR51) to the Inland Revenue Department within the stipulated deadline, regardless of business activity levels or tax liability status, to maintain statutory compliance.
Offshore Profit Claims
1
Territorial Principle
Revenue generated exclusively from business activities conducted outside Hong Kong may qualify for tax exemption
2
Documentation Requirements
Maintain comprehensive and meticulously organized records of all offshore commercial operations
3
Application Process
Submit offshore claims when filing your inaugural Profits Tax Return with supporting evidence
4
Strategic Considerations
Carefully evaluate potential tax advantages against compliance obligations in other jurisdictions
To substantiate offshore profit claims, companies must meticulously document all aspects of their international operations, including contracts, commercial invoices, shipping documentation, transaction records, business correspondence, and executive travel itineraries. These records must clearly demonstrate that the profit-generating activities occurred entirely beyond Hong Kong's territorial boundaries and were managed without significant involvement from Hong Kong-based personnel.
Business Bank Account Opening
Traditional Banks
In-person attendance required but provides comprehensive banking solutions
Virtual Banks
Efficient digital application with no physical attendance requirements
Overseas Banks
Remote establishment possible with higher financial prerequisites
Hong Kong's traditional banking institutions typically require in-person interviews with major shareholders (those holding 25%+ ownership) and all company directors before approving an account application, primarily focusing on businesses with Asian operations. Virtual banks offer accelerated digital onboarding without physical attendance requirements, though they provide a more limited range of banking services. International banking alternatives can be established remotely, but generally impose substantial minimum deposit requirements (exceeding USD50,000), alongside higher maintenance fees and more rigorous compliance protocols.