| General Information |
| Company Law |
Companies Ordinance, Cap. 32 |
| Type of Company |
Private Company Limited by Shares |
| Language of Legislation and Corporate Documents |
Chinese or English or Both |
| Taxation of Foreign Profits |
Nil |
| Exchange Controls |
None |
| Length of Time to Incorporate |
Approximately 1 – 5 days |
| Shelf Companies Available |
Yes |
| Corporate Names |
| Name Restrictions |
Names identical, similar or offensive words |
| Endings and Abbreviations Required |
“Limited” word must be used completely |
| Length of Time to Verify Name Availability |
One working day |
| Reservation of Names Permitted |
No |
| Language of Name |
Chinese or English or Both |
| Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license |
Yes |
| Capital and Shareholders |
| Minimum Number of Shareholders |
One |
| Local Shareholders Required |
No |
| Corporate Shareholders Permitted |
Yes |
| Disclosure of Shareholders |
No |
| Minimum Authorized Capital Required |
There is no minimum stated. Standard authorized capital is usually HK$10,000 |
| Bearer Shares Permitted |
No |
| Registered Shares Permitted |
Yes |
| No Par Value Shares Permitted |
No |
| Directors and Officers |
| Minimum Number of Directors |
One |
| Qualifications of Directors |
Legal age |
| Officers Required |
Company Secretary |
| Corporate Directors/Officers Permitted |
Yes |
| Local Directors/Officers Permitted |
Yes |
| Appointment of Subsequent Directors/Officers |
Memorandum and Articles of Association |
| Meetings |
| Annual General Meeting of Shareholders Required |
Yes |
| Annual General Meeting of Directors Required |
Yes |
| Location of Directors and Shareholders Meetings |
Anywhere |
| Adoption by Consent Permitted |
Yes |
| Quorum required for purposes of meetings |
Memorandum and Articles of Association |
| Local Requirements |
| Qualified Registered Office/Agent |
Yes |
| Government Register of Shareholders |
Yes |
| Government Register of Directors/Officers |
Yes |
| Government Register of Charges |
Yes |
| Register of Directors/Officers to be kept at Registered Office |
Optional. The company may file a “Notification of Location of Registers” to keep them somewhere else. |
| Company Seal Required |
Yes |
| Copy of Minutes to be kept at Registered Office |
Optional. The company may file a “Notification of Location of Registers” to keep them somewhere else. |
| Copy of Share Register to be kept at Registered Office |
Optional. The company may file a “Notification of Location of Registers” to keep them somewhere else . |
| Annual Requirements |
| Minimum Annual License Fee or Franchise Tax |
HK$2,450 |
| Annual License Fee Due Date |
Company’s Anniversary |
| Applicable Surcharges |
Varies (depending on payment date) |
| Requirement to File Annual Returns |
Yes |
| Requirement to Submit Annual Audited Accounts |
Yes |
| Other Relevant Information |
| Member of Apostille of the Hague Convention |
Yes |
| Increase or Reduction of Capital |
Shareholders resolution |
| Redomiciliation Prohibited |
No |
| Reinstatement at Registry |
Yes |
| Removal from Registry |
Striking off, voluntary liquidation; creditors liquidation, winding up by Court |
