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Incorporate Your Company in Hong Kong
A Hong Kong private company (limited liaility company) requires one shareholder, one director, a Hong Kong addresss and a Company Secretary. In addition, there is no restriction on the amount of share capital.
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The incoproration of a Hong Kong Limited Liability Company is a three step procedure. Step 1: apply for Certificate of Incorporation; setp 2: appointments of officers; setp 3: apply for Business Registration Certificate.
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A company is required to notify the Companies Registry on the changes of its particulars, maintain proper books of accounts, file Annual Return, file Tax Returns etc to Maintain itself in Good Standing.
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Due to its Territories Tax System, a company will not be subject to Hong Kong Profits Taxes if it derives all its income from business activities performed outside Hong Kong.
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HONG KONG BUSINESS
TYPES OF BUSINESS ENTITIES

Setting up a Business in Hong Kong

SUMMARY OF CONTENTS

Part A. Introduction

Part B. Hong Kong Companies

Part C. Hong Kong Branches of Foreign Companies

Part D. Corporate Services from Kaizen

Part E. Taxation, Duties and Fees

Part F. Employment Visas

PART F - EMPLOYMENT VISAS

Foreign companies often wish to transfer certain of their employees to Hong Kong in connection with setting up business operations in Hong Kong. Unless such employees have the right of abode or unconditional stay in Hong Kong they will need to obtain a Hong Kong employment visa to work in Hong Kong.

In order to qualify for a Hong Kong employment visa, a person must possess skills and experience relevant to the job that are unavailable locally. This test can generally be satisfied in the case of an intra-company or intra-group transfer. The applicant will also be required to nominate a sponsor, which must be a Hong Kong company or a foreign company registered in Hong Kong. Accordingly, the sponsor will usually be the employer company.

Under normal circumstances, an employment visa application may be lodged with the Hong Kong Immigration Department by post or in person. The Immigration Department prefers that employees obtain visas before coming to Hong Kong but in some cases it is prepared to consider processing an application made after the employee has arrived in Hong Kong.

See also: Hong Kong Visas and Work Permits

Part A. Introduction

Part B. Hong Kong Companies

Part C. Hong Kong Branches of Foreign Companies

Part D. Corporate Services from Kaizen

Part E. Taxation, Duties and Fees

Part F. Employment Visas

 

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