incorporationcompany setupHong Kongbusiness

Setting Up a Company in Hong Kong: A Step-by-Step Guide

By Ricky Chan CPA —

Why Incorporate in Hong Kong?

Hong Kong remains one of the world’s premier business hubs, offering a low and simple tax regime, free flow of capital, and a robust legal framework based on common law.

Step 1: Choose a Company Name

Your proposed company name must not be identical or too similar to an existing registered company. The Companies Registry provides a name search facility.

Step 2: Prepare Incorporation Documents

  • Articles of Association
  • Form NNC1 (Incorporation Form for a company limited by shares)
  • Copies of identification for directors and shareholders

Step 3: Submit to the Companies Registry

You can submit online via the e-Registry portal or in person. The registration fee is HKD 1,720 for a private limited company.

Step 4: Obtain a Business Registration Certificate

Upon incorporation, apply for a Business Registration Certificate from the Inland Revenue Department. The annual fee is HKD 2,000 (subject to change).

Step 5: Open a Corporate Bank Account

Each bank has its own requirements, but typically you will need:

  • Certificate of Incorporation
  • Business Registration Certificate
  • Articles of Association
  • Proof of address for directors and shareholders

Ongoing Compliance

  • File annual returns with the Companies Registry.
  • Hold an Annual General Meeting (AGM) or pass a written resolution.
  • Maintain statutory registers (directors, shareholders, etc.).
  • File profits tax returns with the IRD.

Need help with your incorporation? Contact our team for a tailored package.