Any person over the age of 18 can form a limited company in Hong Kong. There are no nationality or residency restrictions for directors or shareholders.
The most common types of limited companies are private companies limited by shares, public companies limited by shares, and companies limited by guarantee.
Yes, a limited company must have a registered office address in Hong Kong.
A private limited company in Hong Kong requires at least one director and one shareholder, which can be the same person. If there is only one director in the company, he/she must be a natural person.
Yes, according to the Hong Kong Companies Ordinance, every limited company incorporated in Hong Kong must appoint a company secretary.
Yes, a director can also serve as the company secretary, but only if the company has more than one director, since the same person cannot fill both roles if there is a single director.
A company secretary is a statutory position in Hong Kong limited companies. They are responsible for ensuring the company complies with legal and regulatory requirements, maintaining company records, and communicating with shareholders and the regulators. The company secretary must be a Hong Kong resident or a body corporate with a registered office in Hong Kong.
The first step is to choose and reserve a company name with the Companies Registry.
If all the documents are in order, incorporation can typically be completed within 1-2 weeks.
Costs include the company registration fee, business registration fee, and professional service fees if you engage an agency to help with the process.
Yes, limited companies must comply with ongoing obligations such as annual returns, tax filings, maintaining proper accounting records and having the financial statements audited by professional accountants.
