AmPlus Business Services Limited

Strategic Location

Strategically located at the heart of Asia and on the southeast coast of Mainland China.

Travel to and from Hong Kong to Beijing, Shanghai and other major Chinese cities can be within a single day.

Ease of doing business

A company can be opened in about two week’s time in Hong Kong.

Being international transportation hub with excellent infrastructure facilities; business premises are easily available.

No foreign ownership restrictions on Hong Kong registered company.

Attractive Tax System

One of the lowest tax jurisdictions in the world.

Salaries tax starts at 2% and goes up to 17% for income above HKD 120,000.

Corporate tax is 16.5% of assessable profits.

Tax is exempted for income not incurred in Hong Kong (offshore income).

No capital gains tax, nor any withholding tax on dividends and interest.

No sales tax or VAT in Hong Kong.

Free economy

Hong Kong is a free port - driven by principles of free trade and free markets.

No restrictions on inward and outward investments.

A sound banking system with no restriction in fund transfer to and from most part of the world. Effective from July 2009, Hong Kong banks have been approved to handle Renminbi settlement for cross-border trading.

Close to and with excellent relationship with Mainland China : under CEPA arrangement, all goods qualified as Hong Kong origin may be exported to the Mainland tariff free.

Hong Kong service suppliers in 40 areas are eligible to receive preferential treatment in providing services in the Mainland under CEPA.

Sound Legal Environment

Hong Kong’s legal system is separate from Mainland China’s, and English common law prevails.

Intellectual Property protection is enforced, with strict regulations for patents, copyrights, trademarks and registered designs.

Clean Governance

Politically stable with pro-business governance.

Strict anti-corruption regimen - the Independent Commission Against Corruption (ICAC) is set up to deal with both public and private sector corruption.

Skilled Work Force

Highly trained, well-educated and skilled work-force, well versed with the business culture in the Mainland cities.

English is the language of communication in business settings, bulk of the workforce is also conversant with Cantonese and Mandarin.

Note: Closer Economic Partnership Arrangement (CEPA) – a free trade agreement between the Mainland China and the Government of the Hong Kong Special Administrative Region. Businesses that are set up in Hong Kong (i.e. any Hong Kong company regardless of nationality) can benefit by gaining preferential access to the Mainland China market from CEPA.