Your Trusted Partner
in Business Growth
We help companies in all phase of their business. – Tailored strategies thoughtfully designed to enhance growth and optimise processes.
- Discovery more
Our expertise delivers measurable outcomes.
We’ve partnered with organizations of every size across Hong Kong and various industries. Many of these relationships have thrived for ten years or more and continue to expand.
services
Our Practice Areas
Accounting
Company Secretary
Audit & Taxation
Business Consulting
Digital Marketing
Government Funding Schemes
Accounting
Keep your finances organized, transparent, and tax-ready. Our certified accountants provide bookkeeping, financial reporting, payroll, and cloud-based accounting solutions that comply with Hong Kong’s Inland Revenue Department (IRD) regulations.
Company Secretary
Ensure compliance with Hong Kong Companies Ordinance. Every Hong Kong company is legally required to appoint a company secretary. We handle: Annual return filing Maintaining statutory records Preparing board resolutions Let us simplify your corporate governance.
Audit & Taxation
Reliable audit and tax support for peace of mind. We coordinate with CPA firms to deliver annual audit reports and help you meet your tax obligations. Our team also provides: Profits tax return filing Offshore tax claims Tax planning and advisory
Business Consulting
Grow smarter with expert guidance. We help you define clear goals and implement winning strategies. Our consulting services include: Market entry strategy Business restructuring Financial and operational efficiency
Digital Marketing
Build your online presence and boost leads.
We provide digital growth solutions including:
- SEO optimization
- Social media management
- Website development
- Paid advertising (Google, Meta)
Government Funding Schemes
Access financial support to grow your business. We help eligible businesses apply for Hong Kong government funding schemes such as: - TVP (Technology Voucher Programme) - BUD Fund - EMF (Export Marketing Fund) From paperwork to strategy, we guide you every step of the way.
Why Praccons?
Why Choose
Practical Consulting
for your Needs?
Simplify Your Hong Kong Business
Running a business in Hong Kong can be a real headache – miscommunication, inconsistent processes, and slow reporting are all too common.
But with Praccons, you can leave those hassles behind and focus on growing your business!
Imagine having a crystal-clear, real-time view of your entire company’s finances—all on one sleek platform. Your dedicated Praccons team takes care of the daily accounting across all your locations, with just one point of contact, one team, and one platform. Easy, right?
With streamlined reporting and smooth processes across the board, you’ll be empowered to make smart decisions and unlock growth without boundaries. Let’s simplify your business and take it global!
Faqs
Starting a business in Hong Kong is simple for foreigners. You can own 100% of your company and do not need to be a resident. Our firm handles the entire company formation process remotely.
The main steps include:
Choosing a company name
Submitting personal identification and proof of address
Filing incorporation documents
Getting a Business Registration Certificate
We manage each step for you, ensuring full compliance with the Companies Registry.
The process typically takes 1 to 3 business days once all necessary documents are submitted.
No, you can incorporate a Hong Kong company remotely. We offer full support with online documentation and remote services.
Hong Kong is ideal for business setup due to its:
Zero tax on offshore profits
No foreign ownership restrictions
Strong legal framework
Easy access to mainland China and Asia-Pacific markets
Our team helps you maximize these benefits.
Costs vary based on services, but typically include government fees, registered office address, company secretary, and optional accounting or visa support. Contact us for a custom quote.
Yes! Many online sellers and dropshipping businesses use Hong Kong companies due to its international reputation, access to global payment gateways, and low tax rates.
You’ll typically need:
A copy of passport/ID for all directors and shareholders
Proof of address (e.g., utility bill)
Proposed company name
Business nature/description
Most traditional banks require in-person visits, but we work with fintech platforms and digital banks that allow remote account opening. We guide you through the process.
Yes, having a company secretary is a legal requirement. We provide professional secretary services as part of our business setup packages.
Hong Kong has a two-tier tax system:
8.25% on profits up to HK$2 million
16.5% on profits above HK$2 million
No tax is charged on foreign-sourced income if properly structured.
Yes, all Hong Kong companies must submit annual audited financial statements, even if there was no business activity. We can connect you with licensed auditors.
A company is a standalone legal entity. A branch office is an extension of a foreign company. We’ll help you choose the right structure based on your goals.
Yes, you can apply for an Investment Visa if you’re starting and managing your own company. We handle the full application and business plan support.
We provide end-to-end support: from registering your company, setting up banking and accounting, to advising on growth, compliance, and immigration.
Are you ready to let your company shine?
Request a Free consultation
