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 two weeks |
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 Authorised Capital Required |
There is no minimum stated. Standard authorized capital is usually HK$1,000 |
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$2,600 |
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 |
No |
Increase or Reduction of Capital |
Shareholder¡¦s resolution |
Redomiciliation Prohibited |
No |
Reinstatement at Registry |
Yes |
Removal from Registry |
Striking off, voluntary liquidation; creditors liquidation, winding up by Court |