Register a company in Hong Kong

Registering a company in Hong Kong is a process that is gaining popularity among entrepreneurs from all over the world.

Hong Kong is known for its high stability, low taxes, developed infrastructure, and wide business opportunities.

On this page, we will look at why many people start companies in Hong Kong, the types of companies, how to register, and how our law firm can help you with this process.

Why many people start a company in Hong Kong

• Stability. Hong Kong is one of the most stable financial centers in the world. The legal system is based on the heritage of British law and this gives businesses a high level of confidence and legal protection.
• Low taxes. Hong Kong is known for its low tax rate, which is only 16.5%. There is no foreign income tax or dividend tax.
• Easy access to markets. Hong Kong’s location is ideal for accessing markets in Southeast Asia and China. Port infrastructure and logistics make Hong Kong an attractive destination for international trade.
• Language diversity. Hong Kong is a multilingual city where English and Chinese are used freely in business. This facilitates cooperation with clients from different countries.

Peculiarities of opening and registering a company in Hong Kong

Registering a company in Hong Kong is an attractive option for businesses from abroad, but requires compliance with certain rules and procedures.

Below are the main features of opening and registering a company in Hong Kong:

Choice of company structure.

• The first step in starting a company in Hong Kong is choosing a company structure. The main options include:
  • Private Limited Company ( Limited by Shares ). This type of company is the most common and is suitable for most small and medium-sized enterprises. Owners have limited liability up to the amount of unpaid authorized capital.
  • Public Limited Company. A public company is suitable for larger businesses and can sell shares to the public. Owners have limited liability.
  • Branch Office. If you already have an overseas company, you can open a branch in Hong Kong.
  • Representative Office. The representative office does not have the right to conduct commercial activities, but it can carry out marketing and research functions.
• Choosing a company name. After choosing a company structure, you must define a unique name for your company. This name must be unique and must not be repeated in the Hong Kong company register.
• Directors and shareholders. You need to identify the directors and shareholders of your company. The main requirements for directors include that they must be of legal age and not necessarily Hong Kong citizens. Shareholders can be individuals or legal entities.
• Preparation of documents. To register a company, you need to prepare a number of mandatory documents, including statutory documentation, which contains information about the company’s structure, the names of directors and shareholders, information about business activities, etc.
• Submission of an application for registration. After preparing the necessary documents, you must submit an application for registration to the Hong Kong registration authority. This body is responsible for processing and approving the application.
• Obtaining business licenses. Depending on the type of activity of your company, it may be necessary to obtain additional business licenses and permits. Some industries that require licensing include financial services, medical services, commerce, and others.
• Opening a bank account. You also need to open a bank account with a bank in Hong Kong to operate your company. The bank may require certain documents and information to open an account.

The total time to register a company in Hong Kong can vary, but usually takes from several weeks to several months, depending on the complexity and scope of the procedures.

Proper preparation and cooperation with a legal company can simplify this process and ensure the successful registration of your company in Hong Kong.

What can our law firm help with registering a business in Hong Kong?

Our law firm has extensive experience in registering companies in Hong Kong and can assist you at every stage of the process.

We provide consulting services, choosing a company structure, preparing documents, communicating with competent authorities and banks, as well as providing you with the necessary legal advice.

Conclusion

Registering a company in Hong Kong can be a profitable investment decision for entrepreneurs.

Hong Kong offers stability, low taxes, easy access to markets, and other advantages for business.

Whether you are new to the business world or an experienced entrepreneur, our law firm is ready to assist you every step of the way in registering a company in Hong Kong to make the process as efficient and secure as possible for you.

For consultation or calculation of the price of company registration in Hong Kong – fill out the form below.