Company Registration in Hong Kong through Enterslice

Hong Kong is the most liberal economy in the world. It is a place of financial importance due to its low tax policies, well developed infrastructure and freedom of exchange many entrepreneurs are interested in establishing their business.

Forms of Business Entity:

In three ways an Entity can be established in Hong Kong:

1. By setting up own business as Company/ Partnership/ Sole Proprietorship;
2. By setting a Branch Office, Subsidiary or Representative office;
3. By acquiring a “Shelf Company;

Basic requirements for Company Registration in Hong Kong:

1. Director: Minimum one and maximum unlimited and at least one must be a natural person who can be of any nationality and need not be resident in Hong Kong. 
2. Shareholders: Minimum one and maximum of 50 shareholders.
3. Company Secretary:  In case of  an individual, Company secretary must be residence of Hong Kong; or if a body corporate, then registered office or a place of business must be in Hong Kong.
4. Share Capital: No requirement of minimum paid up capital. 
5. Registered Office: Registered address of the company should be in Hong Kong.
6. Valid Passport is essential for a non-resident.

Procedure for business set up in Hong Kong:

To Set up a new Limited Company:

• Decide the type of company (either limited by shares or guarantee) and the appropriate name as per their government criteria.
• Apply online or by submitting the application in physical copy in Form NNC1 (for limited by shares) or in form NNC1G (For company limited by guarantee) along with copy of AoA with Registrar along with prescribed fee.
• If application is applied electronically then, COI will be issued within one hour whereas, in case of submission in hard copy COI will be issued within 4 working days.

To register a place of business in Hong Kong for a Company incorporated outside Hong Kong: -

• Application for registration must be filled in Form NN1(hard copy Form) within one month of identification of business place along with certified copies of AoA, MoA, and Certificate of Incorporation etc with prescribed fee to Registrar and appropriate notice to Business Registration office.
• Certificate of Registration shall be issued normally within 14 days.

Company Registration in Hong Kong

Post Incorporation Compliance:

• Within 14 days of incorporating a Company in Hong Kong (i.e. after the getting the certificate of Incorporation) the following documents must be submitted to the Companies Registry:
• Notification of director and Secretary appointment and registered office address;
• Consent to act as a director;
• Opening of a current bank account;
• Registration within one month of incorporation with the Inland Revenue Department;
• Apply business license, if required as per the business activity;

Enterslice an award-winning company helps in providing services of incorporating a company in Hong Kong as there is no requirement of presenting in person at the time of incorporation. Detail information is provided on our website i.e www.enterslice.com