FAQS OF HONG KONG COMPANY INCORPORATION

Q1. HOW DO I FORM AND REGISTER A LIMITED COMPANY IN HONG KONG?

Answer:

Please fill in and return this application form to us if you would like to set up a Hong Kong company:

You can complete and return it to us by fax at (852) 2511 1096 or by email, with copies of Hong Kong Identity Cards (or Passports) and proof of address of the shareholders and directors. We will contact you within 1 working day upon receipt of the completed application form.

Q2. COULD NON-HONG KONG RESIDENTS INCORPORATE A LIMITED COMPANY IN HONG KONG?

Answer:

Yes. Non-Hong Kong residents could incorporate a limited company in Hong Kong.

 

Q3. CAN LIMITED COMPANY ACT AS SHAREHOLDER OR DIRECTOR OF ANOTHER LIMITED COMPANY?

Answer:

Yes, but 2014 New Companies Ordinance requires that every private company must have at least one director who is a natural person.

 

Q4. IS THERE ANY REQUIREMENT ON THE AMOUNT OF NOMINAL SHARE CAPITAL AND THE NUMBER OF FOUNDER MEMBERS OF A LOCAL COMPANY LIMITED BY SHARES?

Answer:

The Companies Ordinance has not prescribed any requirement for a minimum amount of nominal share capital. A local company limited by shares shall be formed by at least one founder member taking at least one share of the company.

 

Q5. WHEN CAN I GET THE CERTIFICATE OF INCORPORATION AND BUSINESS REGISTRATION CERTIFICATE FOR MY COMPANY AFTER SUBMITTING THE APPLICATION?

Answer:

Normally, for paper submission, the Certificate of Incorporation and Business Registration Certificate of a company limited by shares will be issued on the 4th working days.

 

Q6. IS THERE ANY REQUIREMENT ON THE MINIMUM AMOUNT OF PAID-UP CAPITAL UPON APPLICATION FOR INCORPORATION OR COMMENCEMENT OF BUSINESS?

Answer:

There is no requirement on the minimum amount of a company’s paid-up capital under the Companies Ordinance.

 

Q7. CAN THE REGISTERED OFFICE OF A LOCAL LIMITED COMPANY BE SITUATED OUTSIDE HONG KONG?

Answer:

No. The registered office must be situated in Hong Kong.

 

Q8. MAY A NON-HONG KONG RESIDENT BE APPOINTED AS A DIRECTOR AND SECRETARY OF A LOCAL LIMITED COMPANY?

Answer:

A non-Hong Kong resident can be appointed as a director of a local limited company. The secretary, if an individual, should ordinarily reside in Hong Kong. For corporate secretary, its registered office or place of business should be in Hong Kong.

A private local limited company must have at least one director and one secretary. The sole director cannot act as the secretary of the same company.

 

Q9. CAN A SOLE DIRECTOR OF THE COMPANY ACT AS THE SECRETARY TOO?

 

Answer:

No. The Companies Ordinance expressly prohibits the sole director from acting as the company secretary. Besides, the Companies Ordinance stipulates that a private company cannot appoint a corporate secretary if the sole director of the corporate secretary is also the sole director of the company.