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A Basic Guide to Register a Company in Hong Kong

Basic Requirements to Register a Company in Hong Kong

Many multinationals are turning to Hong Kong for investing because of the efficient structure of this region. The legal system of Hong Kong is very stable and accessible, hence doing business here is not complicated, and the tax policies are favorable for foreign investors.

It is effortless to register a company in Hong Kong – it completed in very less time of 24 hours and required one director, one company secretary, and they needn’t be a resident of Hong Kong.

The registration process of a company requires an online application through e-registry or hard copy of NNC1 form. This application form must be submitted with Article of Association along with the prescribed fee.

Register a Company in Hong Kong

To register a company in Hong Kong, you must be aware of some of the basic requirements which are as follows:
Register a Company in Hong Kong

  1. Approval and registration of company’s name
  2. Nomination of directors for the company
  3. Appointing a Company Secretary
  4. Filing the details of company employees, i.e. directors, company secretary and shareholders with Hong Kong Registrar of Companies.
  5. Registration of company address
  6. Apply for a tax number
  7. Open a local corporate bank account
  8. Preparation to maintain accounts

After a business has been set up in Hong Kong, the company must seek to obtain a registration certificate through the Inland revenue department. If your business requires operational activities to be conducted in Hong Kong, then you must apply for a business license. You can quickly register your company in Hong Kong without being physically present but to open a bank account, you may need to be physically present (it depends on which bank you choose).

 

How to Register a Company in Hong Kong

There are three different ways in which you can register a company in Hong Kong:

  1. Setting up a company using the right business entity such as partnership/sole proprietorship
  2. Setting up as a branch office or as a representative office
  3. Acquiring a shelf company

 

Register a Company in Hong KongImportant Documents Required to Register a Company in Hong Kong

The list of the documents are as follows:

  1. Copy of Article of Association is an essential document for registering a company
  2. Incorporation form which includes details of the company name, company’s registered address, description of the business, details of directors, shareholders and company secretary, share capital, the liability of the directors and shareholders
  3. Passport copy and residential address proof for non-residential directors.
  4. Residential Hong Kong shareholder’s identity card & residential address proof
  5. Corporate shareholders and directors are required to submit an article of association and certificate of incorporation.

The registration process of a company in Hong Kong is a quite easy and online application of registration of a company in Hong Kong is usually processed within an hour, and the hard copy of business registration certificate will be issued with four working days. Contact us for more details.