Hong Kong Company Formation
Hong Kong Private Limited Company (Ltd) Company Formation
Hong Kong Private Limited Company (Ltd) Company FormationThe most common form of company in Hong Kong is the Private Limited Company (Ltd), like a Limited Liability Company in the UK or a GmbH in Austria and Germany, a Ltd company is a legal entity that is separate and distinct from the individuals who run it. For sole traders and for people in partnerships, the individuals personal assets are at risk if there is a claim against the organisation but shareholders in a Ltd company are liable to lose only the value of the share capital to which they subscribe.
Hong Kong is a very popular place to incorporate for foreign investors and businesses because it has a simple tax system with no VAT, no capital gain tax and no withholding tax. Hong Kong also offers a great business environment with no restrictions of business scope, a world-class infrastructure and an excellent internet banking system.
Company Name
Company NameA Hong Kong company must have a unique name; this may be in English, Chinese, or both.
Registered Agent
Registered AgentIt is a requirement that a Hong Kong Ltd company must have a registered agent and a registered address where all official correspondence is sent. This is provided as part of our incorporation service.
Directors
DirectorsThe company only requires one director. Director names are filed on the public register.
Shareholders
ShareholdersA minimum of one shareholder is required, there is no upper limit. Shareholder names are filed on the public register.
Company Secretary
Company SecretaryA Hong Kong company must have a resident company secretary. This is provided as part of our incorporation service.
Share Capital
Share CapitalShares must be expressed in a fixed amount. Bearer shares are not permitted. While it is usual for the share capital to be expressed in Hong Kong dollars, it can be expressed in any currency. Minimum subscribed capital is 1 share (equivalent to HKD1).
Timescale
TimescaleThe incorporation of a new company takes approximately 10 days from the date we receive your proofs of address and identity.
Hong Kong Company Formation Fees
Hong Kong Company Formation FeesHong Kong Ltd Company Formation – 10 days
| £640 | |
| Business Registration Certificate | HK$2250 | |
| Government License Fee | £212 | |
| Additional Services | ||
|---|---|---|
| Company Registered Office & Registered Agent (required) | £520 | |
| Resident Company Secretary | £550 | |
| Annual Renewal Fees | ||
| £825 | |
| Provision of a Registered Office and Registered Agent in Hong Kong | £520 | |
| Resident Company Secretary | £550 | |
| Significant Controller Register (SRC) | £225 | |
| Directors Register Maintenance | £175 | |
| Hong Kong Ready Made Company – same day | ||
Includes the standard Ltd company formation in Hong Kong plus:
| £1360 |
Your company will be incorporated using your chosen name and we will ensure that the procedure is as simple as possible.
The whole incorporation process can be completed online and we will administer the preparation and filing of all registration forms on your behalf.
Filing Requirements
Filing RequirementsA Hong Kong Ltd is required to file an annual return, register of officers and accounts. Audits are not routine but in some cases an audit can be expected.
Proof of Identity
Proof of IdentityAs part of our due diligence we require proof of identity in the form of a passport copy for all directors and shareholders of the company.
Travel
TravelA visit to Hong Kong is not required to incorporate your company.