Company Incorporation: Singapore VS Hongkong

COMPANY INCORPORATION (: VS SINGAPORE HONG KONG SINGAPORE HONGKONG A local registered address (not a P.O Box no.) A local registered address (not a P.0 Box no.) Minimum Requirements for Registration A director (local or foreigner) A local resident director A local resident and A local resident company secretary qualified company secretary A shareholder (indi corporate) or A shareholder (individual or согрогate) Minimum paid up capital of SGD 1.00 (no authorized capital required minimum paid up capital of HKD 1.00 + authorized share capital of HKD 10,000 represented by 10,000 ordinary shares of HKD 1.00 each TIMELINE SINGAPORE Maximum 2 days Minimum 4 days HONG KONG OWNERSHIP Singapore vs Hong Kong 100% For both Singapore and Hong Kong CORPORATE TAXES SINGAPORE New companies are provided with 100% tax exemption on the first S$100,000 chargeable income. Current Corporate tax is 16.5% A further 50% exemption is applicable to the next $200,000 chargeable income. HONG KONG