Hong Kong is an International Finance Centre. There are numerous branches of major international banks in Hong Kong. Most of these banks are reliable and have numerous branches all over the world. These banks also provide multiple ways that enable the account owners to control the bank account overseas, such as phone banking and internet banking.

Hong Kong has a simple tax system and is with the lowest tax rate in the world.

By introducing a two-tiered profit tax rate, the first HK$2 million assessable profit will have a tax rate of 8.25% for the corporation. Assessable profit exceeding HK$2 million will be subject to a 16.5% profit tax rate.

Hong Kong is committed to enforcing stringent regulation for patents, copyright, and Intellectual Property Rights. Intellectual Property Department, a special department set up by the Hong Kong Government, is set up especially for handling Intellectual Property matters.  

Hong Kong has no exchange control. Money can be freely deposited, withdrawn, or transferred out of a Hong Kong bank account without paying any taxes.

Hong Kong Company formation procedure is very simple. It can usually be completed within one week (excluding transit time of documents). There is no need to come to Hong Kong for company formation. 

With bilingual official language, Hong Kong accepts documents that are written in Chinese or English. With this advantage, most of the documents written in English will be accepted and no need to be translated into another language.

This also eases the communication barrier as Hong Kong people are trained to speak Cantonese, English, and Mandarin.