Hong Kong Private Limited Company (Ltd) Company Formation

The 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

A Hong Kong company must have a unique name; this may be in English, Chinese, or both.

Registered Agent

It 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

The company only requires one director, the sole director cannot be the secretary of the same company. Director names are filed on the public register.

Shareholders

A minimum of one shareholder is required, there is no upper limit. Shareholder names are filed on the public register.

Company Secretary

A Hong Kong company must have a resident company secretary. This is provided as part of our incorporation service.

Share Capital

Shares 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

The 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 Ltd Company Formation – 10 days

  • Search and reserving your proposed Company Name
  • Preparation and filing of Company Registration Forms
  • Drafting and signing the Memorandum and Articles of Association
  • Certificate of Incorporation
  • Appointment and filing of first directors
  • Minutes for first Board Meeting
  • 20 Share Certificates
  • 5 copies of The Memorandum and Articles of Association
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL
£640
Business Registration CertificateHK$2250
Government License Fee£212
Additional Services
Company Registered Office & Registered Agent (required)£520
Company Secretary (required)£550
Annual Renewal Fees
  • Annual Return
  • Business License
  • Tax Returns
  • Compliance with local domicile requirements
  • Payment of Government Fees
£825
Provision of a Registered Office and Registered Agent in Hong Kong£520
Company Secretary
(required)
£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:

  • Certificate of Good Standing for your Company
  • Change of name – if required
  • Transfers to new ownership
  • Amends to the business activities
£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

A 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

As 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

A visit to Hong Kong is not required to incorporate your company.

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