Incorporating a Company in Hong-Kong is quick, easy, and can be done online with Vakilsearch in 3 simple steps:
Hong Kong is one of the world's most lucrative markets. Companies based out of Hong Kong or incorporated there are doing exceptionally well. In Hong Kong, forming a company is simple and inexpensive. Without the presence of the owner or directors, a third party can easily apply for company registration in Hong Kong.
In Hong Kong, any adult above the age of 18 can establish a business. It takes roughly 5-7 working days to register a company online in Hong Kong.
While there are many different types of businesses you can establish in Hong Kong, you must first decide on whether you want to operate your business operations from Hong Kong or from wherever you are. This choice will also benefit you in other areas, such as taxation. Below, we've broken down each business structure to help you decide which is best for you:
A sole proprietorship is a business with only one owner who is solely responsible for all earnings and losses.
A minimum of two to a maximum of twenty partners join together to share profits. A general partnership is an arrangement in which participants are personally liable for profits and obligations. There is also the possibility of forming a limited partnership, in which limited partners are solely liable for their initial investment and general partners are liable for their entire investment.
Private Limited Company by Shares
A private limited company by shares is a separate legal entity from its owners/shareholders with a maximum of 50 shareholders. This is the most common structure chosen by entrepreneurs, since it allows them to take advantage of all of Hong Kong's tax perks.
Public Limited Company by Shares
Large companies that wish to be listed for raising capital should use this option. This company is normally listed on the SEHK and the public can subscribe to its shares if it has more than 50 shareholders.
Company Limited by Guarantee
This business structure is suitable for charity and non-profit organisations. Members in this structure are required to guarantee that if the company falls into liquidation, they will pay a previously agreed-upon amount as indicated in the company's article of association.
This is a branch of a foreign corporation that allows it to conduct business in Hong Kong and profit from it. In Hong Kong, it does not need to be a separate legal body.
An extension of a foreign company that is unable to engage in commercial activities for profit. It is appropriate for non-commercial operations like marketing and human resources.
For forming a company in Hong Kong, you will require the following documents:
Note: Any non-English documents must be translated into English or Chinese.
When forming a company in Hong Kong, it's important to choose the right business structure. Thousands of businesses like yours, have chosen Vakilsearch to set up their business in Hong Kong and break into a new market, and our team up with the InCorp Group will give you the best company registration experience a foreign company could hope for in Hong Kong. With service standards that are client-centered, reliable, and ethical, we will always be here to guide and support you.