Company Registrations in Hong Kong
                     
Company Registrations in 
Hong Kong
What is Company Registration is Hong 
Kong?
To register a Company in Hong Kong is a very 
quick and simple process. 
Decide a name for your company and then file 
an application in a prescribed form to the Hong 
Kong Company Registry (CR). 
Application for registration of business is also 
filed simultaneously, thus, simplifying the 
process of staring the business and company 
incorporation in Hong Kong.


Liberal 
Economy
Low Min. 
Registered Simple, 
Capital Fast and 
Requireme Cheap 
nt opening
Advantages 
A multi-
currency of Simple and 
business Incorporatio Favourable 
bank taxation n in Hong 
account system
Kong
Bank Though a 
account province 
also  of China, 
outside but laws 
Hong Kong different
It has CEPA 
with China 

Advantages of Company Registration 
in Hong Kong
Hong Kong is the most liberal economy in the 
world. It provides numerous benefits to the 
companies being incorporate in Hong Kong.
Opening a limited company in Hong Kong is 
quite simple, fast and cheap as you don't 
even need to physically present there. You can 
run your business from any part of the world.
The minimum registered capital requirement 
to register a company in Hong Kong is as low 
as 10,000 HKD, which is much lower than 
most of the countries in the world.
...contd.
 If you have incorporated your company in 
Hong Kong, you can open a multi-currency 
business bank account at a bank recognized 
worldwide, which has its own advantage as 
Hong Kong is a major banking center.
You can also open the bank account of your 
company outside Hong Kong, for instance in 
Singapore or Switzerland.
Hong Kong has CEPA, i.e. Closer Economic 
Partnership Arrangement with China, which 
provides your business the benefit of 
additional mainland China Access.

...contd.
Although, Hong Kong is a province of China, 
its legal system and laws are different as 
compared to those of China, as it follows 
English Common Law.
Taxation system of Hong Kong is very simple 
and favorable: companies' needs to pay only 
16.5% tax on all profit. There is also no tax on 
dividend distributed by a company.
Disadvantages of Company 
Registration in Hong Kong
No Chinese 
Disadvan Visa on 
Lot of paper - incorporatio
work n in Hong 
tages Kong
There are two main disadvantages of 
registering a company in Hong Kong as 
listed in the chart given above and as 
explained in the next slide

...contd.
Lot of Paperwork: Company registration in 
Hong Kong requires lots of paperwork. You 
need to be physically present there. However, 
this problem can be solved by hiring an agent 
or secretary.
No Chinese Visa on incorporation in Hong 
Kong: Your Hong Kong Company can’t provide 
a Chinese VISA for you if you’re planning to 
live in mainland China. To get a Chinese VISA, 
you need to open a company in China, with a 
registered capital of about 250,000 HKD.
Registration of Company
Earlier, foreigners were allowed to open a Sole 
Trader Company in Hong Kong without having 
a Hong Kong resident permit. But now, this 
facility has been discontinued. You can't open 
any company other than a Limited Company 
in Hong Kong unless you're planning to stay in 
Hong Kong. As per the norms of China 
government, you are required have an office 
and a secretary for your company in Hong 
Kong.
Requirements for Registration of 
Company
A director A Shareholder 
(without (without A Company 
restriction on restriction on Secretary
nationality) nationality)
No Capital Minimum one 
Taxes levied 
share to be only on profits Investment issued arising in Hong Kong
Checklist for company registration 
in Hong Kong
3 proposed company names (English, Chinese 
or both).
The address proof of at least one Director and 
one Shareholder.
A scanned color copy of your passport and of 
all Directors and Shareholders.
Residency proof of all the members and 
directors.
A brief description of the business scope of 
the company.

Procedure for Registration Application
1. Firstly, check the availability of name.
2. File the application for the incorporation of the 
company. The applications for incorporation of 
a company needs to be filed online at the 24-
hour portal e-Registry or you may deliver the 
documents in hard copy form to the CR with 
the prescribed fees.
3. Incorporation procedure for a company in Hong 
Kong is really fast and can normally be 
processed within one hour for online 
application and within four days for registration 
in hard copy format, if the documents are 
complete and as per requirements.

Conclusion
Therefore, it can be comfortably concluded 
that having a business and opening a 
company in Hong Kong is an easy and 
beneficial process for anybody who is willing 
to expand his business. It is one of those 
countries that has the most accommodative 
laws and regulations for the company and 
corporate sector. Therefore, a person who 
works with all will and hard work, cannot be 
stopped from achieving heights that he has 
never seen before.