Countries compete in order for you to locate there and make their country the home of your business. The overall competitiveness depends on many factors, such as speed of processing applications from Companies House, ease of obtaining a bank account, rule of law, transport connections, online connectivity, as well as the suitability of office, housing and social infrastructure. Certainly the tax rate is an important factor. Hong Kong allows us to benefit from low corporate tax rates, which is another advantage of becoming a Hubconsult Associate. Unless your business is carried out in Hong Kong itself, all we charge is the 1% service fee on your contract. That gives you a great head-start on your Profit after Tax!