Hong Kong has two types of companies, sole proprietorship or partnership company, the establishment procedure will be more effortless, but the proprietor or partner needs to undertake unlimited liability. The other type is a limited company; shareholders and directors only need to undertake limited financial liabilities. While protecting personal property, limited companies need to hire independent practicing accountants to audit the accounts every year. And submit the annual report to the Company Registry by compliance with relevant laws and regulations. Since the cost of maintaining a limited company is not high, most people will choose to do business by forming a limited company.

As an international financial center, Hong Kong has the import tax concessions from many countries. The profits tax rate is 16.5% (The net profits deducting all operating expenses and first HKD2M will be 8.25%), which is the world’s lowest profits tax rate. If doing business as a limited company, there is no need to pay for overseas sources’ profits. Hong Kong banking companies’ financing cost is relatively lower in Southeast Asia, which is very attractive for foreign, domestic people. Hong Kong business people will set up the company in Hong Kong as a base to expand its business to overseas or mainland markets. Investors will purchase much real estate in Hong Kong for financing purposes.

Form the Hong Kong Limited Company – Equity Limited Company

New limited companies in Hong Kong can form a company within ten working days after completing the application process. Customers need to fill in our application form, which included the company name, the information of the first shareholder, director and company secretary, registered address, identity documents such as a Hong Kong identity card, a copy of a passport, or other supporting documents. We will handle the rest of the process for you.

We will prepare the relevant documents within 1 to 2 working days after we received your application. After the paper is signed, we will apply for the Certificate of Incorporation for you. After the Hong Kong limited company’s application is successful, we will prepare the Business Registration Certificate for your company. To help our client open the bank account in Hong Kong, we will provide verified copies of the necessary documents to our clients.

Hong Kong limited company registration requirements

• Registered name: Pure Chinese; Pure English; Bilingual
• Directors: 1 or more
• One or more shareholders that can be other limited company, offshore companies, or the same natural person as the directors, no little on nationality
• One secretary who can be a natural person or licensed secretaries company
• No currency limit on the value of a share
• Standard issued shares are 10,000 shares.

The following documents will be prepared for you:

• Certificate of Incorporation (C.I.)
• Business Registration Certificate (B.R.)
• Company registration documents
• Model Articles X 10 (A&A)
• Company Copies & Company Kit Set x 1
• Company Square seal x1, Atomic Seal x1, Round seal x1
• Common Seal x 1

Fee: HKD 4,000

The following information is for reference only. Linkage will update the data by regularly referring to the Companies Registry website, which will be the actual expenses.

Registration Certificate

• Incorporation levy by Company Registry: HKD 1,720
• The annual cost of Business Registration Certificate: HKD 250

Form the Hong Kong Limited Company – guarantee the Limited Company (non-profit organizations)

In general, speaking, forming a limited company is to promote education, religion, poverty relief, trusts, and funds. Most of that type of company does not operate for profit, but those may not be the charity. The charity must need to form by charitable purposes purely.

Registration requirements for guarantee the limited company

• Registered name: Pure Chinese; Pure English; Bilingual
• Two directors
• One secretary who can be a natural person or licensed secretaries company
• No shareholders and shares, only members (No limit to the number); the guarantee funds of members do not limit on shares

We will prepare the same package with “Hong Kong Limited Company Registration” to you, and the charges will be the same.