Start Your Business In Hong Kong With Our Great Assistance
Registration Procedures
Sign the service agreement and proceed payment
Company name approval
Prepare and submit statutory documents for official approval (around 10-15 working days)
Send the business license and other documents
Basic Requirements
Company name in English and Chinese.
Must end with "Limited" and avoid sensitive words. We can provide English translation of the company name.
Company's directors and shareholders
The members can be natural persons (at least one) or limited companies. The individuals must be over 18 years old and there are no restrictions on nationality.
Registered capital
The default registered capital for a limited company is 10,000 HKD,which is the standard amount and does not require any capital verification. There is no upper limit for the registered capital and if the amount is more than 10,000 HKD, there are no additional fees to be paid.
Business scope
The company's business scope is relatively broad, and it can engage in all legal business activities.
Registered address
The address should be in Hong Kong, but it doesn't have to be the address of the director (Globlue can assist with this).
Statutory secretary
Served by either a limited company registered in Hong Kong or a permanent resident of Hong Kong (Globlue can assist with this.
Maintenance Requirements
01.
Commercial Registry Renewal
Renew its business registration with the Inland Revenue Department (IRD) annually and pay the required fees.
02.
Companies Registry Annual Return
Submit its annual return to the Companies Registry each year, regardless of whether there are changes to the company's information such as directors and shareholders.
03.
Inland Revenue Department Tax Return
File its tax return with the Inland Revenue Department every year, even if the company has not conducted any business activities or generated any income.
04.
Accounting and Auditing
Maintain proper accounting records and prepare annual financial statements. If the company meets certain criteria, it may also be required to have its financial statements audited by a certified public accountant.
