Home Knowledge Hong Kong Hong Kong Company Registration private limited company Summary of Features of Hong Kong Company (Limited by Shares)
General Information |
|
Company Law |
Companies Ordinance, Cap. 622 |
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 |
1 working day / 5 working days |
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 |
Words Need Consent or Approval |
Chamber of Commerce, Kaifong, Levy, Savings, Tourist Board, Tourist Association, Trust and Trustee |
Capital and Shareholders |
|
Minimum Number of Shareholders |
One |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Disclosure of Shareholders |
Yes |
Minimum Paid-up Capital Required |
There is no minimum stated. Standard paid-up capital is usually HKD1 or HKD10,000 |
Bearer Shares Permitted |
No |
Registered Shares Permitted |
Yes |
No Par Value Shares Permitted |
Yes |
Directors and Officers |
|
Minimum Number of Directors |
One Nature Person |
Qualifications of Directors |
At least 18 years old |
Local Director Required |
No |
Officers Required |
Company Secretary |
Corporate Directors/Officers Permitted |
Yes |
Meetings |
|
Location of Directors and Shareholders Meetings |
Anywhere |
Quorum required for purposes of meetings |
Determine by Company’s Articles of Association |
Written Resolution Allowed |
Yes |
Local Requirements |
|
Qualified Registered Office/Agent |
Yes |
Filing Register of Shareholders to Government |
No |
Filing Register of Directors to Government |
No |
Filing Register of Charges to Government |
No |
Filing Significant Controllers Register to Government |
No |
Register of Directors/Members/Charge to be kept at Registered Office |
Optional. The company may file a "Notification of Location of Registers" to keep them somewhere else in Hong Kong |
Significant Controllers Register to be kept at Registered Office |
Optional. The company may file a "Notification of Location of Registers" to keep them somewhere else in Hong Kong |
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 in Hong Kong |
Company Seal Required |
Optional |
Annual Requirements |
|
Minimum Annual Government fee |
Annual Return statutory filing fee and business registration fee of HKD105 and HKD2,250 respectively |
Annual Government Fee Due Date |
Company’s Anniversary Date |
Applicable Surcharges |
Varies (depending on payment date) |
Filing Annual Returns |
Yes |
Preparing Annual Audited Accounts |
Yes |
Filing Tax Return |
Yes |
Filing Employer Return |
Yes |
Hold Annual General Meeting |
Yes |
Other Relevant Information |
|
Member of Apostille of the Hague Convention |
Yes |
Redomiciliation |
Not Allow |
Reinstatement at Registry |
Allow |
Removal from Registry |
Deregistration, striking off, voluntary liquidation, creditors liquidation, winding up by Court |
Hong Kong Company Incorporation Package #HKLC05 Completed Package
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