Company registration in Hong Kong

Company registration in Hong Kong

Company registration in Hong Kong is the process of setting up and formally registering a business under Hong Kong law. It can be a legal entity that will carry out commercial activities in Hong Kong or outside Hong Kong.

Business registration in Hong Kong may include:

• Choosing a company name: The company name should be unique and should not be repeated with existing companies in Hong Kong.
• Preparation of documentation: This includes drafting the company's articles of association which defines the company's structure, operations, governance rules and other important aspects.
• Appointment of directors and shareholders: The directors and shareholders of the company must be appointed and named in the incorporation documents.
• Finding a registered address: The company must have a registered address in Hong Kong for official communication.
• Filing an application for incorporation: An application for incorporation of a company must be filed with the competent authority in Hong Kong, usually with the Registrar of Companies.
• Payment of registration fees: There are certain fees and charges that must be paid when registering a company.

Legal steps

The legal stages of registering a firm in Hong Kong include the following aspects:

1. Choosing the type of company: Depending on your needs and objectives, you can choose between different types of companies such as private limited company, unlimited company, branches and representative offices and others. Each type of company has its own characteristics and requirements.
2. Preparation of documentation: This includes drafting the articles of association of the company, which contains information about the structure of the company, its activities, management rules and other important aspects. Preparation of other documents such as notice of appointment of directors and company secretary is also required.
3. Signing of documents: All major participants in the company, such as directors and shareholders, must sign the relevant documents, confirming their agreement and commitment.
4. Filing of documentation with the Registrar of Companies: Once all the necessary documents have been prepared, they must be filed with the Hong Kong Registrar of Companies for registration.
5. Payment of Registration Fees: There are certain fees and charges that must be paid when filing the company registration documents.
6. Obtaining the registration certificate: Once the documents are verified and approved, the company receives an official registration certificate confirming its legal status.
7. Organisational documents: Once a company is incorporated, the preparation and maintenance of organisational documents such as minutes of shareholders' and directors' meetings, accounting records and other documents are required as required by Hong Kong law.

Under what conditions can the service be provided?

The service of company registration in Hong Kong can be provided under the following conditions:

• Legal requirements: The provision of the service must comply with all requirements of local Hong Kong law regarding company incorporation. This includes completing all legal formalities and providing the necessary documentation.
• Client Consent: The client must consent to the provision of the service and provide all necessary documents and information required for company registration.
• Service Fees: The client must pay all fees and charges associated with the incorporation of the company, including fees for services provided by the incorporation organisation.
• Adherence to professional standards to register a business in Hong Kong: Services must be provided by professional law or consulting firms that are experienced and qualified in company registration in Hong Kong.
• Transparency and trust: The service provider should provide transparency on all aspects of the service, including cost, incorporation process and client requirements.

Under what conditions can the service not be provided?

The procedure for incorporation of a subsidiary in Hong Kong may not be provided in the following cases:

1. Non-compliance with legal requirements: If the client does not comply with local legal requirements or fails to provide the necessary documents and information for company registration.
2. Lack of client consent: If the client does not consent to the service or refuses to provide the required information.
3. Lack of payment: If the client fails to pay all fees and charges associated with the service.
4. Conflict of Interest: If providing the service would create a conflict of interest for the service provider, for example, if the client and potential transactions compete with the interests of other clients.
5. Failure to provide the service: If the service provider does not have the necessary qualifications or experience to register a particular type of company or is unable to fulfil the client's requirements.
6. Insurmountable obstacles: If unforeseen circumstances arise, such as changes in legislation or political events that make it impossible to provide the service.

Hong Kong company incorporation, how to do?

To figure out on your own the company registration process in Hong Kong, here are some steps that can help:

• Research the requirements and registration process: Familiarise yourself with the basic requirements and procedures for company registration in Hong Kong. This can be done by researching information on official websites such as the Hong Kong Registrar of Companies website or other government resources when registering companies in Hong Kong.
• Determine the type of company: Decide what type of company suits your objectives and needs. It can be a private limited company, branch, representative office, etc. Study the features of each type of company and choose the most appropriate one.
• Prepare the necessary documents: Gather all the necessary documents to incorporate the company, including articles of association, notice of appointment of directors and secretary, copies of identity documents, proof of address of incorporation and others.
• Research tax and financial aspects: Understanding the tax obligations and financial aspects of setting up and running a company in Hong Kong is also important. Explore information on tax rates, tax liabilities and other financial aspects of doing business.
• Prepare your own application to incorporate a company in Goong Kong: Based on the information you have studied, prepare a company registration application. Make sure that all documents are filled out correctly and meet the requirements.
• Submit the documents for registration: Submit all prepared documents and application for incorporation to the Hong Kong Registrar of Companies.
• Follow the registration process: Monitor the status of your application for registration and follow instructions if you need to provide additional information or documents.
• Consult experts as needed: If you have questions or difficulties with the company registration process, seek help from lawyers, consultants or other experts on how to incorporate a company in Hong Kong.

Frequently Asked Questions

What does the cost of services depend on?

The cost to incorporate a company in Hong Kong can vary depending on the type of company you want to incorporate. For example, private limited companies (private limited companies) may have different rates compared to branches or representative offices. If the process of incorporating a company is complicated or requires additional steps or documentation, this may affect the cost of the service.