Many investors no matter enterprises or business individuals wishing to do business in Asia find incorporating as a Hong Kong limited company offers multiple advantages. Hong Kong’s British history established a dependable and business-friendly legal structure, distinct from mainland China’s, with an open, internationally-minded atmosphere. Though Hong Kong’s residents come from all over the world, nearly everything can be conducted in English. That means Hong Kong’s a great place to open a business, or from which to launch operations anywhere in Asia.
Types of Company in Hong Kong
Before company registration, one of the important steps to take is to choose a legal entity form. Opening a foreign business in Hong Kong is generally restricted to one business type: a Limited company. However, if you already have a business elsewhere, there are a couple of other options.
1. Limited Company
A limited company is the most common business type in Hong Kong. Since it’s officially incorporated in HK, you’ll enjoy all the same tax benefits as resident entrepreneurs do, including the free trade agreement with China.
2. Branch Office
If your company is already registered somewhere else, you can open a branch office in Hong Kong. This type of office is not independent from its parent company, and comes with a distinct set of limitations.
3. Representative Office
A representative office is the most limited way to establish a presence in HK. Representative offices can’t be engaged in any profit-making activities, meaning you may not make or sell goods or services in Hong Kong. This type of office is best if you’re planning to open an office for a non-sales based branch of your company, like support or marketing staff.
Minimum Requirements for Registration
1 director (no restriction on nationality);
1 shareholder (no restriction on nationality);
1 company secretary (if you wish, we can serve as your company secretary );
No capital investment required;
Minimum 1 issued share;
Taxes levied only on profits arising within HK.
How to Incorporate a Company in Hong Kong
Incorporating a business in Hong Kong is relatively easy and cost-effective:
Step 1：Choose the type of company that best suits your company's purposes;
Step 2: Deliver the required materials;
Step 3: Collect the Certificate of Incorporation and Business Registration Certificate (the Certificates).
Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
Previous：Trademark Protection in Hong Kong
Next：Hong Kong Company Annual Filing Requirements