Hong Kong Company Formation
Are you exploring company formation options in Hong Kong? Here’s how you can establish a corporate presence.
A private limited company is the most common Hong Kong company formation procedure. The regulations governing this process have a significant foundation in UK corporate law with undemanding compliance requirements. The company formation process in Hong Kong takes approximately seven days.
Hong Kong company formation requires only one director, of any nationality and resident overseas. Corporate directorship is also permitted. Similarly, just one shareholder is required, and there is no requirement to hold shareholder meetings in Hong Kong.
You may also have nominee shareholders.
Once established, Business Registration is required and involves a fee. At this point, the company needs to have an official Hong Kong address, which you can procure through the Europe Emirates Group associate office.
There is also an annual return filing requirement, which must include the name and address of every shareholder, and of every person who was a shareholder within the last year but is no longer active. You must also disclose share capital; however, you do not need to include financial statements as part of the annual return.
Minimum share capital requirements exist in Hong Kong and fees for licences and registration also apply.
No foreign shareholder or director restrictors
Low cost of incorporation and maintenance
No minimum share capital requirements
Only one director and shareholder required for company formation
Income and capital gains tax-free environment