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Hong Kong Company Formation

Hong Kong Company Formation – Register Your Business in Asia with BRIS Group Main Characteristics and the basic rules of Company registration in Hong Kong

Hong Kong Formation with BRIS Group

BRIS Group provides expert Hong Kong company formation services for entrepreneurs, investors, and international businesses seeking a strong presence in Asia. Establishing a Hong Kong Limited Company offers limited liability protection, a competitive tax system, and access to one of the world’s leading financial hubs. Our specialists manage the full Hong Kong company registration process remotely, including corporate banking support, compliance, and ongoing administration, ensuring your business is fully compliant with Hong Kong regulations and ready for international growth.

Start your Hong Kong company with BRIS Group today — trusted experts in global incorporation.

Your Gateway to Asia’s Premier Financial Hub

Hong Kong stands as one of the world’s most dynamic and reputable business jurisdictions, combining ease of incorporation, low taxation, and global credibility. For entrepreneurs and investors seeking a strategic base in Asia, Hong Kong company formation offers an unparalleled gateway to the world’s fastest-growing markets.

Whether you’re expanding globally, establishing an offshore entity, or setting up a regional headquarters, BRIS Groupensures your Hong Kong company registration is smooth, compliant, and strategically structured.

Why Choose Hong Kong for Company Formation?

Hong Kong’s combination of simplicity, transparency, and opportunity has made it one of the most preferred jurisdictions for international business setup. Its world-class infrastructure, common law system, and pro-business environment attract thousands of non-resident investors each year.

🔍 Need advice on Hong Kong company setup?
Our experts can guide you through the process and help structure your company for optimal tax efficiency and compliance.

Key Highlights of Hong Kong Company Formation

Aspect	Details
Legal Structure	Private Limited Company (Limited by Shares)
Corporate Tax Rate	16.5% (profits sourced only within Hong Kong)
Foreign Ownership	100% foreign ownership permitted
Legal System	Based on English Common Law
Registration Authority	Hong Kong Companies Registry
Typical Formation Time	5–7 business days
Minimum Shareholder(s)	One (individual or corporate)
Minimum Director(s)	One (must be an individual)
Company Secretary	Required – Hong Kong resident or company
Registered Office	Must be located in Hong Kong

Advantages of Hong Kong Company Formation for Non-Residents

✅ Advantage	💬 Description
Strategic Asian Gateway	Hong Kong serves as a bridge between East and West, offering direct access to China and Asia-Pacific markets.
Simple Tax Regime	Flat 16.5% tax on Hong Kong-sourced profits only. No VAT, GST, or capital gains tax.
Business Credibility	A Hong Kong company is recognized globally for transparency and professionalism.
No Foreign Exchange Controls	Full freedom to move funds internationally.
Fast Incorporation	Registration typically completed within one week.
Ease of Operation	No local directors required, online filings accepted, and English is an official language.
Double Tax Treaties	Access to over 40 international tax treaties.

Disadvantages or Considerations

⚠️ Challenge	💬 Explanation
Banking Due Diligence	Opening a Hong Kong corporate account can be strict; requires detailed KYC and business plans.
Annual Compliance	Mandatory annual audits and filing with the Companies Registry.
Local Secretary Requirement	A local company secretary is required to ensure compliance.
Higher Costs vs. Classic Offshore	Hong Kong is not a “zero-tax” jurisdiction, but its transparency improves credibility.

Types of Companies for Non-Residents

Hong Kong offers various structures depending on your business goals.

1. Private Limited Company (Ltd)

The most popular structure for non-residents. It offers limited liability, separate legal personality, and full control by foreign shareholders.

2. Branch Office

An extension of a foreign parent company. Profits are subject to Hong Kong tax only on locally sourced income.

3. Representative Office

Used for market research, brand presence, or partner liaison — not for generating revenue.

Requirements for Hong Kong Company Registration

To register your company in Hong Kong, the following are required:

Company Name: Unique and approved by the Companies Registry.
Registered Office Address: Must be in Hong Kong (we can provide this).
Director(s): Minimum one individual (any nationality).
Shareholder(s): Minimum one (individual or corporate).
Company Secretary: Hong Kong resident individual or entity.
Share Capital: No minimum capital required (commonly HKD 1,000–10,000).
Memorandum & Articles of Association: Defines the company’s objectives and governance.
KYC Documents: Certified passport, proof of address, and bank reference.

Step-by-Step Guide to Hong Kong Company Formation

Step 1: Consultation and Structure Planning

We assess your business goals and recommend the most efficient company structure for tax and regulatory compliance.

Step 2: Company Name Search

Your preferred name is checked and reserved with the Companies Registry.

Step 3: Document Preparation

We draft incorporation documents (Articles of Association, shareholder & director forms).

Step 4: Submission to the Registry

All incorporation documents are filed electronically with the Hong Kong Companies Registry.

Step 5: Business Registration Certificate

Issued by the Inland Revenue Department once your company is approved.

Step 6: Bank Account Opening

We assist in preparing bank-compliant documentation and introducing you to reputable Hong Kong or international banks.

Step 7: Post-Incorporation Compliance

We ensure your new Hong Kong company remains compliant through secretarial, accounting, and annual return services.

Timeframe for Hong Kong Company Formation

Stage	Estimated Timeframe
Company Name Approval	1 business day
Company Incorporation	3–5 business days
Business Registration Certificate	Within 1–2 days post-incorporation
Bank Account Opening	1–3 weeks (depending on the bank)

How BRIS Group Can Help You

BRIS Group provides full end-to-end Hong Kong company formation services for non-residents. From structuring and compliance to banking and tax, our experts handle every step with precision.

Our Comprehensive Services Include:

🧩 Company structure consultation and tax planning

🗂️ Name availability check and company registration

🏢 Registered office address in Hong Kong

🧾 Preparation of Memorandum & Articles of Association

👩‍💼 Company secretary and nominee services

💳 Assistance with bank account opening

📊 Accounting, audit, and tax filing services

🔄 Annual renewal and compliance management

Why Choose BRIS Group for Hong Kong Company Formation?

🌟 Our Strengths	💬 Your Benefits
Local Expertise	Our Hong Kong specialists ensure full compliance and efficiency.
Fast Turnaround	Incorporation completed in as little as 5 days.
Confidential & Secure	Your data and business details remain protected.
Comprehensive Service	From setup to compliance — everything managed for you.
Tailored Offshore Solutions	Designed to meet your business and tax goals.

Beyond Incorporation – Build and Grow Your Hong Kong Business

BRIS Group supports your business beyond registration with a full suite of ongoing corporate services:

💼 Accounting & Auditing: Full bookkeeping and audit support for annual filings.
💡 Tax Planning: Optimize your global tax position.
🧳 Visa & Immigration Assistance: Support for entrepreneur or employment visas.
📊 Business Consulting: Expansion strategy and local market advisory.

Start Your Hong Kong Company Today

Hong Kong continues to be Asia’s leading business gateway — combining credibility, tax efficiency, and ease of operation for entrepreneurs worldwide.

📞 Contact BRIS Group today to schedule a free consultation on Hong Kong company formation for non-residents.
We’ll help you incorporate quickly, legally, and strategically — unlocking the full potential of doing business in Asia.

Contact us today: [email protected]
Get a free consultation to start your Hong Kong company formation with confidence.

Ready to Register Your Company in Hong Kong?

Questions & Answers

FAQ: Taxation in Hong Kong

1. What is the corporate tax rate in Hong Kong?

The current corporate tax rate in Hong Kong is 16.5% on assessable profits. For the first HKD 2 million, a lower rate of 8.25% applies. This flat tax system is one of the reasons for Hong Kong’s status as a business-friendly jurisdiction.

2. How is personal income tax structured in Hong Kong?

Hong Kong uses a progressive income tax rate for individuals. The rates range from 2% to 17%, depending on the income bracket. Alternatively, individuals may choose to be taxed at a flat rate of 15% on their total income, whichever is lower. A generous allowance system exists to reduce taxable income.

3. Is VAT applicable in Hong Kong?

There is no Value-Added Tax (VAT) or Goods and Services Tax (GST) in Hong Kong. This absence simplifies the tax system, making it attractive for both businesses and consumers. Consequently, there are no tax credits related to VAT purchases.

4. What are the tax implications for dividends in Hong Kong?

Dividends paid by Hong Kong companies to shareholders are tax-exempt. There is no withholding tax on dividends, making Hong Kong an attractive location for investors. This reflects the government’s supportive stance towards retaining and attracting investment.

5. Are there any other taxes to consider in Hong Kong?

Yes, aside from corporate and income taxes, Hong Kong imposes a few other taxes such as property tax, stamp duty, and personal assessment tax. Property tax is levied at 15% on rental income from properties, while stamp duty applies to property transactions and share transfers. However, these taxes are relatively low compared to global standards.

By understanding these key tax aspects, businesses and individuals can navigate the Hong Kong tax landscape more effectively. If you need further assistance, consider consulting a tax professional.

Learn more: Visit our Full Hong Kong FAQ page
or contact our tax and company formation team at [email protected]

FAQ: Company Registration in Hong Kong for Non-Residents

What are the benefits of forming a company in Hong Kong for non-residents?

Forming a company in Hong Kong offers several benefits for non-residents, including a simple and efficient registration process, low taxation rates, and no requirement for local residency. Hong Kong is renowned for its business-friendly environment, which includes no capital gains tax and no withholding tax on dividends. Additionally, the territory maintains a strong legal framework and reputation for stability, making it an attractive location for international businesses.

What is the process for non-residents to set up a company in Hong Kong?

The process for non-residents to set up a company in Hong Kong typically involves several steps. First, choose a company name and ensure it is available. Next, draft your Articles of Association and appoint at least one director and one shareholder, who can be the same individual. You must then submit the incorporation application along with necessary documents to the Companies Registry. Finally, open a bank account to manage your business finances. It is advisable to seek professional assistance to ensure compliance with local regulations.

Do non-residents need a local director to form a company in Hong Kong?

No, non-residents do not need to appoint a local director when forming a company in Hong Kong. Under the current regulations, a limited company can be formed with a minimum of one director who can be a foreign national. However, having a local company secretary is mandatory, and it is recommended to seek help from local service providers for streamlined compliance.

What are the annual compliance requirements for a Hong Kong company?

Companies in Hong Kong must adhere to several annual compliance requirements. These include submitting an Annual Return to the Companies Registry, maintaining proper accounting records, and conducting an annual audit of the financial statements. Additionally, if the company conducts business in Hong Kong, it must file profits tax returns each year. Ensuring timely compliance is crucial to avoid penalties.

Can non-residents open a business bank account in Hong Kong?

Yes, non-residents can open a business bank account in Hong Kong, although the process may vary between banks. Most banks require the company director(s) to be present during the account opening process. You’ll need to provide identification documents, proof of the company’s registration, and other relevant documents. It’s advisable to consult with the specific bank beforehand to understand their requirements.

What types of businesses can non-residents set up in Hong Kong?

Non-residents can set up various types of businesses in Hong Kong, including limited companies, partnership businesses, and branches of foreign companies. Limited companies are most common due to advantages like limited liability and favourable tax treatment. The types of business activities are quite broad, ranging from trading and retail to online services and consultancy. However, certain regulated industries may require additional licenses.