Hong Kong has a taxation system which is relatively simple. Corporate profits are taxed at a low rate of 16.5%, while profits gained through offshore trade, where suppliers and clients are located outside the Hong Kong territory, are free from tax. This principle applies to other forms of income like commission income for example.

Plentiful resources of business and trade expertise available locally

Hong Kong has an extensive network of services available including Finance, Warehousing, Legal, Transport, Tax Advice, etc.

Easy and Flexible Operations

Hong Kong's reporting requirements are minimal and there are no government restrictions

Banking Facilities

Hong Kong has a large number of banks, which specialise in trade finance. After one to two years of trade history one can start negotiating with their respective banks to receive credit.

Liaison office in Asia

Having a liaison office in Asia helps to reduce your company's accounts receivable risk. There is often a convenience factor in having one's own trading entity based in Hong Kong, which is physically close to either one's suppliers or clients. A professional service firm can assist in overcoming communication and cultural barriers.

Export Credit Insurance

In Hong Kong one can find flexible export credit insurance which is relatively inexpensive and available to Hong Kong incorporated companies, both for Hong Kong-made goods and for transit shipments.

Effective and Efficient Performance

Klako Group offers its extensive knowledge and years of experience in Asia trade, finance and company management to help you to outsource non-core administrative functions in order for you to minimise your cost structure in Hong Kong.