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How
to setup a Company in Hong Kong?
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Sole Trader/Proprietor |
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A sole trader/proprietor can just simply commence business after paying Business Registration (BR) Fee.
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Partnership |
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A partnership is created by an agreement
between partners. The agreement does not need to be in writing,
although, in practice, many partnerships will have written articles
which are adopted by all the partners.
Same as Sole Trader/Proprietor, Business Registration (BR) Fee must
be paid.
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Limited Company |
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Suggest a company name for the proposed company. Name search have
to be conducted at the Companies Registry's terminals to ensure that the proposed
company name has not yet been registered. Please note that a company
name will not be registered if it is already appearing on the index
of company names maintained by the Registrar of Companies. Also,
it may be required to end the name with “Limited” signifying
the limited nature of the company. |
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Submit the following documents to the Companies
Registry together with the prescribed fees:
- Memorandum and Articles of Association of the proposed company; and
- Legal Form of Statutory Declaration of Compliance
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It takes around 5~7 working days for the Companies Registry to issue a
Certificate of Incorporation (CI) and the presentor will be notified
accordingly. Every limited company then requires to apply for a
valid Business Registration (BR) Certificate which is issued and
regulated by the Inland Revenue Department (IRD). In normal procedure, the BR Certificate
will be issued instantly. |
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Step  |
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Generally, the process of
setting up a limited company is completed here. According to the
Companies Ordinance (Chapter 32), every limited company in Hong
Kong is required to keep the following statutory items:
- A common seal,
- A signature chop,
- A register of directors, secretaries, members, charges, and
shares transfer,
- A minutes / resolution book, and
- Copies of share certificates
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Get started to operate your limited
company, and open a business bank account for your company. Documents
have to be submitted when open a business bank account in Hong Kong
including:
- Certified True Copy of Certificate of Incorporation, and subsequent Certificate of change of name, if any
- Certified True Copy of Business Registration Certificate
- Newly formed company: Certified True Copy of all legal forms submitted to Companies Registries, Directors' Declaration detailing particulars of the Directors and Principal Shareholders, and Certification Letter from CPA or Lawyer
- Formed over 1 year: Certified True Copy of Form AR1 plus all subsequent
legal forms, Return of Allotments, Instrument of Transfer detailing
the particulars of the Directors and Principal Shareholders
- Certified True Copy of Directors', Authorized signatories'
and Principal Shareholders' Hong Kong identity cards or passports
- Residential Address Proof
- Proof of business (e.g. invoices, contracts, license, or business plan, etc.)
- Minutes of Meeting [Optional]
- Completed account opening form, and signature cards
- Mandate for opening a limited company account duly signed
by a quorum of Directors
- Initial Deposit
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| For China, Macao, BVI, Offshore Company formation, please feel free to Contact Us for details. |
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