FORMATION OF PRIVATE LIMITED COMPANY IN HONG KONG
Introduction of formation of private limited company in Hong Kong
There has 2 ways to setup a company in Hong Kong either by a “Tailor-made Company” or “Ready-made Company”.
Basic requirements for setting up a private limited company
| Basic requirements | |
|---|---|
| Name of company |
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| Shares | There has no requirement on the minimum amount of a company’s paid-up capital. But in general practice, authorized & issued share capital will normally be 10,000 shares with a par value of HK$1.00 each, totaling of HK$10,000. |
| Shareholder |
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| Director |
|
| Company Secretary |
|
| Registered Office address | Must be an address in Hong Kong |
Setting up a Tailor-made Company
By choosing this will give you more flexibility on the company’s name you want, you will need to give us your preferred company’s name to conduct a name search first.
You will be only allowed to use the company’s name if there has no one using it.
Procedures of setting up a Tailor-made Company
Ready-made Company
By choosing this will save you time as you can just easily pick up a company’s name from a company list we provide.
Procedures of buying a Ready-made Company
Our services are including
- Incorporation Form in Company Registry Form NNC1 (i.e. Issued share capital HK$10,000)
- First year Business Registration fee (i.e HK$2,250 for 2017)
- Forms filling First Director(s), Company Secretary, Registered Company Address and relevant documents
- First Directors’ Minute
- First year Company Secretary service
Documents we will provide you after registration
- Incorporation Form Form NNC1 (i.e Issued share capital HK$10,000)
- Certificate of Incorporation
- Article of Association (A&A)
- First Directors’ Minute
- Shares Certificate
- Shares Transfer Documents (if any)
- Common Seal
- Company Chop
- Statutory Book
- Premium Green Box
Other-related services we provide
- Provide Hong Kong registered office address
- Acting as Company Secretary
- Accounting services
- Professional Taxation services
Frequently asked questions
Yes. The following names are prohibited from registration :
- it is the same as a name appearing in the Registrar’s index of company names;
- it is the same as that of a body corporate incorporated or established under an Ordinance.
- In the opinion of Chief Executive, it is offensive or otherwise contrary to the public interest;
- In the opinion of Chief Executive, its use would constitute a criminal offence and
- Name of company in English must end with the word “Limited” (or its equivalent in Chinese).
It will take 7 to 10 working days for whole brand new company and 5 to 8 working days for shell company.
Anyone who aged 18 or above can be shareholder and director. Director must not be bankrupt or convicted for any malpractices. No nationality restriction.
At least one should be appointed for a company. A person can be both shareholder and director for the company. Maximum number of shareholders is restricted to 50 and no limit for directors.
No. There has no limit or restriction on the maximum amount of share capital.
Yes. Shares can be freely transferred, subject to a stamp duty fee.
Yes. It is a mandatory to have a company secretary.
Company secretary can either be a person or corporation body. (i.e Person who appoints as company secretary must be ordinarily reside in Hong Kong. Corporation body must have its registered office or a place of business in Hong Kong.) Note: If a person or corporation body is the sole shareholder and director cannot be appointed as company secretary.