Hong Kong Fact Sheet

Hong Kong Fact Sheet

General
Type of company Limited Liability
Common or Civil Law Common
Disclosure of Beneficial Ownership to Government Authorities No
Language of Name Any with English or French translation
Shelf Company Availability Yes
Time to establish a new company 10 days
Corporate taxation Nill on foreign profits
Change in Domicile Permitted No
Corporate Requirements
Min. No. of Shareholders 2
Min No of Directors 1
Min. Share Capital None – Minimum of two shares must be issued upon incorporation.
Corporate Directors Allowed, but must have at least one other director who is a natural person
Company Secretary Mandatory
Authorised Share Capital (standard) HK$ 10,000.00
Minimum paid up HK$ 1
Bearer Shares No
Preparation of Accounts Yes
Local Requirements
Registered Office Yes
Registered Agent N/A
Company Secretary Yes
Local Directors No
Local Shareholders No
Local Meetings No
Government Register of Directors Yes
Government Register of Shareholders Yes
Significant Controller Register (SCR) Yes
Designated Representative for (SCR) Yes
Annual Requirements
Minimum Annual Tax/License Fee US$600.00
Restrictions on Trading
Attractive Features
  • Capital may be denominated in any currency.
  • Shareholders and /or directors may hold their meetings in any country and they may attend such meetings by proxy.
  • Hong Kong’s taxation system is based on source and not residence.