Company is a separate legal entity, which is registered under the company act. Every country has different procedure of company registration. Company registration India is registered under Companies act 1956, which provides easy and effective procedures to register a company in India. Incorporation of Company is yet another important area of concern. The Companies Act of 1956 sets down rules and regulations for the establishment of both public and private companies. The most commonly used corporate form is the limited company, unlimited companies being relatively uncommon.
Location
As two thirds of the global middle class will soon be from Asia, entrepreneurs from all over the world are taking interest in the continent, and being in the heart of Asia, Hong Kong is often a first choice. Hong Kong is within four hours flight from all of Asia’s key regional markets.
Strategically-located in close proximity to China, Hong Kong also plays a vital role in accessing the Chinese market. Indeed, Hong Kong has taken various measures to position itself as a gateway to China with developments like the Shenzhen-Hong Kong Innovation Circle that encourages Chinese enterprises to undertake scientific research in Hong Kong. More obviously, Hong Kong’s location being one hour’s drive from the Pearl River Delta, the world’s largest manufacturing region, gives Hong Kong access to the 450 million people consumer market in Southern China alone.
With Hong Kong’s Closer Economic Partnership Arrangement (CEPA) with China, it is undoubtedly the most business friendly economy from which to take advantage of Asia’s future opportunities.
Transport
Companies that incorporate in Hong Kong have access to its developed air, rail, road and sea links, that are both modern and efficient. Hong Kong’s international airport is the busiest in all of Asia and the Pacific, handling almost 50 million passengers annually and hosting direct flights to over 150 international destinations. Transit between the city and the airport is convenient via the Airport Express, which takes a total of 23 minutes to Central. Furthermore, general commuting within Hong Kong is judged to be the best in the world by Forbes Magazine as taxis are affordable and public transport is well developed.
From a commercial perspective, Hong Kong’s international cargo air port is the world’s busiest and the Hong Kong international container port is the world’s 3rd busiest. Over 100 international shipping lines operate from Hong Kong, connecting to over 5,000 destinations worldwide. A new rail link is in the process of development, names the Guangzhou-Shenzhen-Hong Kong Express Rail Link, and it will halve current journey times between Hong Kong and Guangzhou. Furthermore, Wuhan will be 5 hours from Hong Kong and Shanghai will be 8.
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