Hi all, I am a corporate services provider based in Hong Kong. We assist many overseas SMEs to set up and manage their HK company on a virtual basis. That is, no need to be physically here, hire staff or rent office. Reasons? Cost savings and operational efficiency. HK's corporate profits tax rate is only 8.25-16.5%. No VAT, no sales tax, no GST. Suitable for businesses that have global suppliers or customers. E.g. import/export trading, IT service provider, wholesaler, manufacturer, etc.