HONG KONG COMPANY FORMATION

Hong Kong has various forms of corporation. The sole proprietorships, companies, and partnerships. Thеrе аrе twо tуреѕ of companies: limited соmраnіеѕ аnd unlimited соmраnіеѕ. Lіmіtеd соmраnіеѕ have thеіr own legal status. Thе share hоldеrѕ’ assets аrе “shielded” frоm thаt of thе соmраnіеѕ.  The share holders’ liabilities do not exceed the values of their shares. Unlimited companies include sole proprietorships and general partnerships. In an unlimited company, the owners have personal liability for all the business’ debts and obligations.

Yes, a company registration number will be issued once the company is registered and registration is done within a blink of an eye.

It’s a fee for incorporating a Hong Kong company limited by shares are; Company Registration fee, Business registration fee , Levy to the Protection of Wages on Insolvency Fund. Also, there are agencies that offer incorporation services for an extra fee.

Yes, Shelf companies are available. We will help you with a list of Shelf Company or help you start a new one from scratch. We can as well help you purchasing a Shelf Company with a few days. This companies are also know in Hong Kong as shell companies and they offer a lot of credibility to foreign investor in Hong Kong.

Hong Kong company registry website is //www.cr.gov.hk/. It administers and enforces most parts of the Companies Ordinance. The Registry is in charge of registering local and non-Hong Kоng соmраnіеѕ and ѕtаtutоrу rеturnѕ, de-registers defunct ѕоlvеnt соmраnіеѕ and provides the public with services and facilities for inspecting and obtaining company information kept by the Registry.

Basic cost is 850 USD

The cost of the total initial payments for forming a Hong Kong company, including a running first year costs payable includes; Forming a HK company with capital, Business registration fee payable to the Government, Annual company secretarial fee, registered office fee, apostilled set of company documents fee and a bank account opening fee.

You can go to Hong Kong and open the company by yourself. However the government requires your company to have an office and a secretary in Hong Kong. But the good news is, there are agencies that could do that for you without necessary coming to Hong Kong. A client shall fill in and submit to an agency the Formation Form for providing the details of proposed company name, shareholders, directors, secretary and registered office. Then we shall check and confirm if it is registrable within few working days.

There are agencies in Hong Kong that help clients with Hong Kong incorporation services and company formation. They are certified agencies that provide these service. But before chosen one, make sure you look for a credible one and beware of fake agencies.

Yes. We shall prepare and send by email all the documents for incorporating a company, including appointment of first directors and issue of share certificates. After processing, the documents will be sent to the client, and then the company can be used. This procedures is usually completed within a time period of two week.

Yes, we will handle Hong Kong Holding company formalities for you with our experience staff. From bank account opening, document processing and the address and name of company.

Yes. We will apply a bank account on your behalf and an assist you to the bank and help you open the account. With just about 2 hours, we will get it done. An account is required for companies incorporated in Hong Kong. However, it is not compulsory for those that do not have their main place of business in Hong Kong. However, procedures for opening bank accounts depend on the bank you want to use.

Procedures for Hong Kong Bank Account Opening, You will have to;

• Submit an application
• Request a bank account number
• Deliver a cheque Book
• Your password for online banking operations

The general requirement needed for the formation of a Hong Kong company are:

• At least one shareholder and director over 18 years old
• Choose a name
• A copy of your passport
• A copy of an official document for proof of residence (Usually, Your Identification card or your driver’s license) and;
• A questionnaire with questions such as your passport number ,address, and the name of the director and shareholders of your Hong Kong Company
• Onе lеgаl ѕесrеtаrу (position tаkеn bу a Hоng Kоng реrmаnеnt rеѕіdеnt or Hоng Kong Cоmраnу)

Thеrе shall bе one registered аddrеѕѕ іn Hong Kоng.