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.