Kernel Business Services Limited; Leading Company Formation and Support in Hong Kong

Kernel Business Services Limited; Leading Company Formation and Support in Hong Kong

HONG KONG – JULY 14, 2020 – Kernel Business Services Limited is a comprehensive corporate service provider and professional support that provides diversified services to its list of clients globally. Its facilities include company setup services, company secretarial services, virtual offices, assistance on bank account opening, document legalization, accounting, and tax filing. Kernel has a well-established professional network that provides work visas, corporate financing, Pre-IPO consultation, and trademark and patent registration services.

KernelBiz offers professional guidance and services for businesses. The company formation services in Hong Kong delivers the fastest, most robust, and cost-effective solutions to clients seeking to establish a new company or incorporated businesses seeking to open a branch in Hong Kong.

Known as a leading international hub of commerce, Hong Kong is strategically located in the heart of Asia with easy and efficient regional travels. Its strategic location facilitates entry into the international scene and serves as a gateway to other global markets located in China, and the rest of Asia.

Recent figures released by the Companies Registry shows that over a million local companies registered under the Companies Ordinance between 2014 and 2019. The total number of newly registered local companies in 2019 alone was 124,741; of which 47,486 were incorporated online, and in 2020, the total number of companies registered between January to May has experienced a geometric growth.

The same order of progression could be said for registered non-Hong Kong companies. The total number of registered non-Hong Kong companies increased by 12.96% every year, reaching 12,494 at the end of 2019. Newly registered non-Hong Kong companies increased by 67.64% from 1,193 in 2018 to 2,000 in 2019. These companies have newly established places of business in Hong Kong and are registered under the Companies Ordinance.

These statistics lend credence to the numerous advantages of setting up a business in Hong Kong. The advantages of setting up a business in Hong Kong are not limited to:

  • Tax-friendly jurisdiction
  • World’s Freest Economy
  • Sizable foreign exchange reserves
  • Business structure, support & assistance
  • Independent legal system
  • Laissez-faire market policies with minimal government interference
  • Offshore claim for non-HK source profits (Territorial Principal of Taxation)
  • World-class infrastructure.

Declaring its goal of easing the multifaceted process of company creation in Hong Kong and its accompanying demands, Kernel stated, “Being the professional business partner of our clients, our mission is to provide our clients with timely and simplified quality solutions. We truly understand that our success relies on long term sustainable relationships with our clients, employees, and business partners, therefore we are committed to acting as the stepping stone for all parties to grow and succeed.” Kernel’s user-friendly website also has detailed information on company set-up requirements, set up procedures, and company maintenance.

Kernel’s team of consultants have many years of experience and are indispensable in areas of documentation compilation, application completion, and other company registration services, advice, and documentation in Hong Kong.

ABOUT THE COMPANY

Kernel Business Services Limited Hong Kong is an all-inclusive corporate service provider and professional support that provides varied services to its clients. Among others, Kernel assists entrepreneurs and startups to establish their companies in Hong Kong and can be reached via email at info@kernelbiz.com and by phone at (852) 110-0018 for a free consultation.

Media Contact
Company Name: Kernel Business Services Limited
Contact Person: Victoria Wong
Email: Send Email
Phone: (852) 110-0018
Address:29 Austin Road Unit 1101-2 11/F Tsim Sha Tsui
City: Kowloon 00000
Country: HongKong
Website: www.kernelbiz.com