Depending on the Company Registry, it takes about eight to fourteen working days to form a company in Hong Kong.
Normal requirements for establishing a Hong Kong limited liability company include the Incorporation form, Articles of Association and Due Diligence documents.
Yes. A working shall be obtained from the Hong Kong government, and it will typically be necessary to prove that the applicant possesses knowledge, expertise or credentials that are in high demand outside of Hong Kong.
Depending on the bank, it might be accomplished within just a week.
Yes. A virtual or post office box address is not enough. However, keep in mind that the actual Hong Kong address—which serves as the business’s registered office address—could be a residence.
No. However, when opening a bank account, it is usually necessary. Business accounts offered by fintech companies and other suppliers are growing in popularity as a result.
It’s not necessary to use a third party. However, it can be challenging to establish a corporation in Hong Kong on your own if you are not physically present there (or if another director is not). For instance, it is necessary for your company secretary and designated representative to be in Hong Kong.
Prospective owners must present a photocopy of their passport (if non-resident in Hong Kong), a photocopy of their official documents serving as proof of residency and a questionnaire with the standard questions, which are likely to include information about the prospective owner’s address, passport number, issued number of shares and the names of the company’s director, shareholders and company secretary who will be based in Hong Kong.
You need a founder member, a company secretary, at least two natural persons as directors and a registered office address to form a company limited by guarantee.
All that is required to start a business in Hong Kong as a foreigner is to pay the agency fee and choose a name for the new firm. The availability of the name in Hong Kong and any conflicts with existing trademarks will then be confirmed by a licensed agency.