Company name
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Company name must be approved by Registrar of Companies.
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Both English and Chinese Name are acceptable. An English company name must end with the word “Limited” and a Chinese company name must end with the characters “有限公司”.
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According to "Company Act" 22B, wording such as "Trust”, "Chamber of Commerce", "Bureau", "Cooperative" etc. can only be used if the company gets the approval from Registrar of Companies.
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The Company cannot use name, which already used by other existing registered Hong Kong Company.
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Registered capital
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Two types of share capital for Hong Kong companies – authorized capital and issued / paid-up capital.
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No limit or restriction on the maximum amount of share capital for both types.
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No minimum share capital requirement - the general norm is to have an authorized share capital of HKD 10,000 represented by 10,000 ordinary shares of HKD 1.00 each.
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Authorized share capital can be increased anytime after incorporation.
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Minimum issued/paid-up capital is normally 1 share of HKD 1.00.
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Shares can be freely transferred, subject to a stamp duty fee.
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Bearer shares are not allowed.
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Director
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At least one - can be individual or corporate, no nationality restriction, need not be resident in Hong Kong.
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Directors must be at least 18 years of age and must not be bankrupt or convicted for any malpractices.
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Nominee directors can be appointed. Directors Board meetings can be held anywhere in the world.
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Shareholder
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At least one - can be individual or corporate, no nationality restriction, no residency requirement for shareholders.
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A director and shareholder can be the same or different person.
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Shareholders must be at least 18 years of age.
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100% local or foreign shareholding is allowed.
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Appointment of nominee shareholders is permitted. Shareholders meetings can be held anywhere in the world.
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Company secretary
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Appointing a company secretary is mandatory. |
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The company secretary, if an individual, must ordinarily reside in Hong Kong; or if a body corporate, must have its registered office or a place of business in Hong Kong.
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In case of a sole director/shareholder, the same person cannot act as the company secretary.
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The company secretary is responsible for maintaining statutory books and company records and must ensure the company’s compliance with all statutory requirements.
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A nominee secretary can be appointed. |
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Register address
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A local Hong Kong address as the registered address of the company must be provided for receiving government letters and correspondence.
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The registered address must be a physical address and cannot be a PO Box.
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Public Information
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Information about company officers viz. directors, shareholders and company secretary is public information as per Hong Kong Company Laws.
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It is mandatory to file details of company officers with the Hong Kong Company Registrar.
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To maintain confidentiality, a nominee shareholder and nominee director can be appointed by utilizing the services of a professional services firm.
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Business Registration Certificate
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According to Company Ordinances, a company incorporated in Hong Kong must apply to the Inland Revenue Department for a Business Registration Certificate within one month after its incorporation.
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Documents Required for Incorporation
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A copy of the Memorandum and Articles of Association for the company
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A duly completed Company Incorporation Form that includes the following information:
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