Hong Kong company registration is one of Tannet's basic business services. Hong Kong, as an international metropolis with full of opportunities, has been acknowledges as one of the most effective way to entering Chinese mainland market, due to sound legal system and favorable business environment. Therefore, it is quite necessary for investors to have a basic knowledge on setting up their businesses. The following are the frequently asked question on Hong Kong company registration for your reference.
Q: Can non-Hong Kong residents incorporate a local limited company in Hong Kong?
Yes. Non-Hong Kong residents may incorporate a local limited company in Hong Kong. If you do not often stay in Hong Kong or you are not familiar with the incorporation procedures, it is advisable for you to contact some local professional firms e.g. solicitors, accountancy or secretarial firms etc. for advice and/or appoint them to act on your behalf to set up a company in Hong Kong.
Q: How to register a local limited company in Hong Kong?
You have to choose the company type and a company name first. In choosing a company name. Then, you have to deliver the application documents with the correct fees either electronically or in hard copy form to the government office.
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Q: Is there any requirement on the minimum amount of paid-up capital?
There is no requirement on the minimum amount of a company's paid-up capital under the Companies Ordinance.
Q: Can the registered office of a local limited company be situated outside Hong Kong?
No. The registered office must be situated in Hong Kong.
Q: What are the requirements of directors and company secretary of a company?
Take private company as an example. A private company must have a company secretary and at least one director who is a natural person (i.e. an individual). The sole director of a private company must not also be the company secretary. A private company having only one director must not have a body corporate as its company secretary the sole director of which is the sole director of the private company.
If the company secretary is a natural person, he or she must ordinarily reside in Hong Kong. If the company secretary is a body corporate, the address of its registered or principal office should be in Hong Kong. There is no requirement under the Companies Ordinance that a director must be a Hong Kong resident.
Q: What are the new requirements of the Companies Ordinance 2018?
Under the Amendment Ordinance, all companies incorporated in Hong Kong (except listed companies) are required to :
(1) identify and ascertain a person / persons who has / have significant control over the company; and;
(2) maintain a significant controllers register to be accessible by law enforcement officers upon demand.
Note: The register must be kept at the company’s registered office address or a place in Hong Kong. Otherwise severe punishment will be incurred accordingly. For more details about Significant Controllers Register, please refer to http://english.tannet-group.com/vip/279/1390/20180226102117
Contact Us
If you have further enquire, 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.
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