Hong Kong Company Incorporation
A limited company can be used to protect the interests of a company’s owners. If their business faces any difficulty, the owners of a Hong Kong limited company cannot be held personally liable and are not required to repay any debts if the company is liquidated.
Requirements for forming a Hong Kong Limited Company:
- at least one shareholder and one director, the same person can be appointed to fill both posts;
- appoint either a resident individual or resident company, such as ourselves, to be the company secretary;
- to have a Hong Kong registered office, such as our premises, which is capable of receiving official documents.
There are two ways to form a Hong Kong limited company:
- tailor-made company: you can choose your own company name and it will take about 5 business days to incorporate;
- shelf company: you can choose from our list of pre-incorporated companies and this company can be transferred to you in one business day.
Our incorporation service includes:
- Preparing a Memorandum and Articles of Association (“M&A”);
- Registering the directors, shareholders, company secretary and official address;
- Collecting the Certificate of Incorporation (“CI”);
- Collecting the Business Registration Certificate (“BR”);
- Providing certified true copies of documents necessary for opening bank accounts;
- Two company stamps and a company seal;
- A statutory book;
- A share certificate book;
- A box (green box) for holding the above documents.
Other secretarial services available include:
- Acting as the company secretary;
- Preparing and submitting the Annual Return (not including the HK$105 filing fee);
- Handling the appointment, resignation, and changes in particulars of directors;
- Handling changes of address for the registered office;
- Allotment of unissued authorised shares.
Investors choose Hong Kong as the location for their holding company for a variety of reasons, including reducing tax liability, stock listing, and fund repatriation. The Hong Kong government has signed double tax agreements with many countries and hence unnecessary taxation can be avoided.
The cost of establishing and operating a Hong Kong limited company is relatively low. The process of opening a bank account is straightforward and there are no restrictions of flow of funds. Hence, investors from across the world are attracted to set up their companies in Hong Kong.