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| Incorporating in Hong Kong | |||||||
Incorporating in Hong Kong is relatively straightforward. However, it is important to consider the legal and regulatory aspects of the jurisdiction prior to company formation. Important points to note about company formation in Hong Kong include:
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| 1. | Incorporating in Hong Kong is done through the Companies Registry (CR). Company incorporation is normally completed by a Hong Kong based corporate services firm. The cost to register a company with the CR in Hong Kong is US$550. | ||||||
| 2. | Incorporating in Hong Kong is governed by the Hong Kong Companies Ordinance 1997. Both local and international, corporate and individual shareholders are allowed. The minimum authorised share capital for a Hong Kong company is HK$1. | ||||||
| 3. | The process to incorporate a company in Hong Kong is straightforward and efficient. In fact, the World Bank ranked Hong Kong as the world's 3rd easiest place in which to do business in it's Doing Business 2010 Survey.
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Having completed Hong Kong company set up, annual financial statements and annual tax returns must be submitted to the Inland Revenue Department (IRD). | ||||||
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When Hong Kong company formation the majority of entrepreneurs do so through a limited liability company (LLC). The government fee to register an LLC is US$550. | ||||||
| 6. | When Hong Kong company start up, every company is required to have a registered office in Hong Kong to which all correspondence is addressed and a local, resident company secretary. | ||||||
| 7. | By forming a company in Hong Kong, investors gain access to a highly reputable and regulated market-based economy. Today Hong Kong has developed into the 6th wealthiest country in the world in terms of gross domestic product (GDP) per capita and continues to attract vast amounts of foreign direct investment every year. | ||||||
| 8. | After Hong Kong company formation, company details, such as shareholder and director information, are available for public viewing on the Companies Registry online public register. | ||||||
| More information | |||||||
For more detailed information on how to incorporate a company in Hong Kong please refer to Healy Consultants' Asia Business Setup guide. | |||||||
| Contact Us | |||||||
For more information on incorporating in Hong Kong, email email@healyconsultants.com or call us in Hong Kong at (+852) 8331 1911. | |||||||
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Back to Hong Kong Company Formation page | |||||||
