Hong Kong is an excellent choice to establish a business as it is one of the world’s major trading and financial centres, has a simple tax system and a low tax rate. Hong Kong has a territorial system of taxes where only business and salary income with a Hong Kong source are subject to Hong Kong taxes. Profits tax (for corporations with onshore profits) is a low 16.5% and salaries tax only 15%. As income which does not have a Hong Kong source continues to be exempt from tax, the structuring benefits of Hong Kong are obvious.  With offices in Beijing, Shanghai, Guangzhou and Singapore, Hong Kong hosts our Asian headquarters.

Our organisational structure comprises a number of specialised divisions that work together in a seamless environment to ensure the best possible solutions are delivered to our clients on time, every time.

Corporate services
Hong Kong is being regarded as the one of the most popular locations for foreign companies to locate its Asian headquarters and also as location to have its holding company for its investment in China. 

We offer the following corporate services:

• advice on director’s obligations
• bank account opening
• company directorships and shareholders
• company formation
• company deregistration
• corporate reconstruction and liquidations
• lawyer liaison
• registered office
• registration of overseas companies
• company secretarial services

Trust and estate planning
Family discretionary trusts have been settled for centuries by high net worth families for many reasons.  For example, a high level of flexibility can be achieved by adopting a discretionary trust arrangement since it is possible to adjust the structure in whatever way best suits the beneficiaries’ circumstances in the future.  In addition, a very high level of confidentiality can be assured as assets under a trust should not form part of a settlor’s estate if the transfer of assets is appropriately structured. 

We offer the following trust and estate planning services:

• corporate succession planning
• implementation of structures and arrangement
• custodian services
• family relationship consulting
• trust accounts
• trust administration
• trust structures
• wealth maintenance
• wealth transfer

Fund services
At Intertrust, we understand that each client has its own needs and challenges: a start-up asset management company needs professional guidance on set-up its first fund and on-going operational issues while a medium-to-large size company needs flexibility and full cooperation with its team to facilitate its new product launch.

As a fund administration service provider, our mission is to provide comprehensive, reliable, flexible and quality administration support, enabling our clients to concentrate on their investment functions and core businesses.

With our industry knowledge, we specialize in different fund structures, covering single/multi-class, master-feeder, segregated portfolios, partnership, unit trust and fund-of-funds. We are dedicated to provide the following to cater for clients’ individual needs and requirements:

• fund set up, pre-launch advice and guidance
• fund administration services
• transfer agency services
• custodian services
• escrow agency services
• paying agency services

Business services and outsourcing
Outsourcing is a convenient and flexible solution for many businesses undergoing rapid growth, restructuring or seeking improved cost efficiency. Our experienced in-house team and our international presence ensure that we can cater to your local and international needs. Our aim is to alleviate any administrative burden, provide you with a cost-effective service and manage your growth proactively and efficiently.

Our business and outsourcing services:

• business management consultancy
• efficient corporate structuring
• managing businesses in Hong Kong
• internal control design
• accounting system set up
• bookkeeping and management accounts
• budgeting and cash flow forecast
• treasury function
• bank payments and receipts
• confidential payroll administration
• MPF administration
• salaries tax filing
• staff recruitment
• handling letters of credit
• trade documentation services
• logistics management
• other import and export services
• concierge services
• relocation services
• professional training
• tel/fax/e-mail answering services

Taxation services
Intertrust Hong Kong offers a wide range of taxation services including the provision of quality tax compliance and consulting services to its clients, particularly those involved in international transactions.

Our wide range of services covers corporate and individual taxes internationally, with particular specialisation in Hong Kong and China taxation. Our services include the following:

• corporate and personal tax planning
• Hong Kong tax compliance
• operational review and tax planning
• tax due diligence review
• transfer pricing services
• profit repatriation strategies
• exit strategies
• planning and structuring employment contracts
• preparation of employment and dependents visa applications
• visa application and renewal

China services
With China’s vibrant economy, it is still a common consensus that China will be one of the countries to lead the world’s economic growth. For overseas businesses, to identify new markets and further explore the Chinese local consumer market, many are still exploring ways to invest in China. In addition, many Chinese business are also investing abroad to enhance its global presence.

We offer a comprehensive range of professional services to assist both local and international clients. Our China services include:

• pre-investment consultation
• setting up in China
• efficient corporate structuring in China
• application for business license and work permits
• company registration
• compliance services
• payroll administration
• tax compliance and due diligence
• individual tax filing
• transfer pricing arrangement consultancy
• double tax agreement/arrangement structuring
• general assistance to expatriates
• services for outbound investments from China
  

In addition, the Japanese / Korean Desk serves clients mainly in the area of structuring, business advisory and corporate fund coordination. Together, these Intertrust Hong Kong divisions provide comprehensive trust and corporate services for clients locally and internationally.

Please feel free to contact our personnel for further assistance.  

Geography	Eastern Asia, bordering the South China Sea and China - 22 15 N, 114 10 E
Time zone	UTC +8
Population	7 million
Languages	Cantonese, English and Mandarin
Legal system	Based on common law system
Economy overview	Hong Kong is recognized as “Asia’s World City” and a leading international financial centre in the Asia Pacific region because of its mature financial and trade infrastructure and sophisticated banking and financial services industry. Hong Kong was voted the world’s freest economy for the 15th consecutive year out of 157 economies by the Heritage Foundation and Wall Street Journal in January 2009. It is also being recognized as the “Asian City of the Future 2007/2008” by the fDi Magazine in December 2007. Hong Kong comprises an ideal jurisdiction for business, investment and structuring for the following compelling reasons: • as one of the busiest ports in the world and the world’s freest economy, it has a unique, reputable business image • well established laws which are administered by an independent judicial system • an extensive network of banking and financial services • an established body of legal, accounting and trust professionals • a simple taxation system with low tax rates • an open system of government which ensures that companies are free to pursue their business interests in an open market, on a level playing field, in an environment free from corruption • the gateway to China, the fastest growing and one of the most dynamic economies in the world today
Currency	Hong Kong dollar (HKD)