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Company Incorporation in Hong Kong

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Hong Kong is one of the most lucrative markets in the world. The companies working or incorporating in Hong Kong are performing extremely well. Incorporating a business in Hong Kong is very easy and cheap. One can easily apply for Company Registration in Hong Kong through a third party without even the presence of the owner or directors.

The most common type of business in Hong Kong is a Limited Liability Company [LLC]. The Limited Liability Company has a separate legal entity and the liability of its owners is also limited. After the company incorporation, one can easily business bank account at a recognized worldwide bank, which has its own benefits as Hong Kong is a leading banking center.

An adult whose age is above 18 years can start up a company in Hong Kong. Online Company Registration in Hong Kong takes about 5-7 working days.

Why register a company in Hong Kong - Benefits

Hong Kong economy system is open and market-oriented with very little government intervention.
Offshore business activities are 100% tax-free. Taxes only have to be paid on the profits made by the company in Hong Kong.
The process of Hong Kong company registration is very simple. There is no requirement of a local person to be a shareholder or director of the company.
No capital investment is required for incorporation of a company. The shareholder is only required to sign M & A and to declare that he will contribute towards the capital of the company, There is no mandatory requirement to pay any money to the company.
It is very easy to open an offshore bank account in Hong Kong for a foreign national. The investor has to provide his passport, address proof, and company incorporation documents post which a multi-currency account is easily opened within a few days.

Checklist for registering a company in Hong Kong

Directors:

Any person who is above the age of 18 and has a clean police record can become a director of the company. Director does not have to necessarily be a citizen of Hong Kong.

Company Name:

Shareholders:

A company in Hong Kong can have a maximum of 50 shareholders. They don’t have to be local citizens. Also, a shareholder and a director can be the same or different persons. Meetings of shareholders and directors can be arranged at any place of convenience.

Company Secretary:

Appointment of a company secretary is mandatory for a company in Hong Kong. The person who is appointed as the company secretary cannot be a director or shareholder of the company. The CS will be responsible for maintaining the statutory records and books of the company.

Share Capital:

Mandatory Compliances:

Public Information:

Taxation:

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For forming a company in Hong Kong, you will require the following documents.

A copy of the Articles of Association for the company.

A fully completed incorporation form that includes the following:

Company name(3 proposed company names either in English or Chinese)

Address of the company

Description of business activities

Particulars of shareholders, directors and company secretary

Liability of members

Share capital registered on incorporation

Number of shares taken up by subscribers

For non-resident shareholders and directors:

Copy of passport, overseas residential address proof

For resident shareholders and directors:

Copy of Hong Kong identity card

Copy of residential address proof

For corporate shareholders and directors:

Copy of parent company registration documents such as Certificate of Incorporation and Articles of Association

BIS Certification