What are the minimum requirements for setting up a Hong kong private company?
Anybody can form a Hong Kong company. However, a Hong Kong company must have at least one director (individual), one shareholder (individual or corporate), one secretary, and a registered office address in Hong Kong (post office box is not allowed). ONE IBC will provide a registered office address and secretarial services so that you can serve as the director of the company. ONE IBC can also provide individual Nominee Director and individual Nominee Shareholder if needed to protect your privacy.
There is no prescribed minimum share capital. For practical purposes, this is not usually less than HK$ 10,000 or the equivalent in a foreign currency. There is a capital duty of 0.1% payable on the authorised share capital (subject to a cap of HK$ 30,000).
And the minimum requirement to form a private limited company is one shareholder/director who can be the same person.
Relative articles :
- How much do I have to pay on delivery of an application for incorporation of a local company?
- What mandatory articles are required to be included in the Articles of Association of companies?
- What licences does a company need before it can conduct business in Hong kong?
- Do I need to open a bank account for my Hong kong company?
- Can OneIBC arrange to open a bank account for my Hong kong incorporated company?
- What do I receive when all incorporation is complete?
- For data fields/boxes in the incorporation form (i.e. Form NNC1 or NNC1G) which are not applicable to my company, can I leave them blank?
- When can I get the Certificate of Incorporation and Business Registration Certificate for my company after delivering the application?
- What about payment methods?
- How do I form and register a local limited company in Hong Kong?
- Can I subscribe Hong kong Telephone answering or forwarding services and eFax?
- Which government department can provide me with free advice on how overseas businesses can set up and expand in Hong Kong?
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