<img src="https://mc.yandex.ru/watch/95786400" style="display:none;" alt="">

Hong Kong

Company Registration

 Join 3000+ Satisfied Customers

Hong Kong has been rated as "the world's freest economy" by the Heritage Foundation for 24 consecutive years and is ranked among the top five in the global business environment. As an international financial center, Hong Kong's comprehensive legal system, simple tax system, low tax rate, complete infrastructure and communication facilities, and high-quality professionals have won the favor of investors from all over the world.

Tailored Service for Saving Budget 

Opening and starting a business in Hong Kong could be one of the best choices an investor can make due to its reputation as a perfect destination for entrepreneurs for its tax benefits, ease of expansion, free market, and favorable policies. 

More importantly, starting a business in Hong Kong is comparatively more cost-effective and easier than in other countries and regions. You can enjoy the advantages of easy registration process and gather high talent while keeping 100% full ownership of the company. Additionally, forming a company in Hong Kong also gives a valuable opportunity to generate a path for establishing business relationships with partners in the Great Bay Area and surrounding countries.

Consider opening your Hong Kong company? Take a look at how Hongda can help you to expand your success!

Why Should I Choose Hong Kong as Investment Destination?

Hong Kong offers business opportunities to foreign investors while you can keep complete ownership of the company. Typically, prominent prospects of business you can pursue your success include:

  • Finances: The solid banking landscape, deep capital market, and asset management system are what makes Hong Kong a perfect investment destination and international financial center globally.

  • Trading: The conductive environment encourages free trading and growth opportunities, making it one of the most active trading spots

  • E-commerce: Hong Kong maintains a great logistic infrastructure and a large-scale digital payment foundation with a total market value of more than 3.7 billion USD.

  • Healthcare: The total public and private healthcare expenditure takes up a huge percentage of Hong Kong region’s GDP, leading to an enormous potential for booming opportunities.

  • Education: Hong Kong has been recognized for its world-famous education atmosphere, where parents spend a great amount of money on their kids’ educational well-being.

  • Travel and Hospitality: Tourism is one of the main growing factors in Hong Kong’s economic growth, attracting a vast number of visitors around the globe.

Major advantages of registering a Hong Kong company include:

  • It is easy to obtain international credit and reputation by taking advantage of the popularity of Hong Kong;

  • As an international financial center, Hong Kong has diversified financing channels;

  • No foreign exchange control and free capital flow. Various foreign currencies can be exchanged and transferred at any time, and the letter of credit business is widely-applied; (You can read more about the foreign exchange control in the Chinese mainland in our blog).

  • Unrestricted business scope and simple follow-up services;

  • Simple taxation system and low tax rate (only profits tax is involved. The tax rate for the first HK$2 million profit is only 8.25%, while a rate of 16.5% for the excess section is applied);

  • Profits tax declaration is required annually;

  • Low income tax charged at a maximum of 15%;

  • It is possible to apply for an offshore exemption for profits sourced outside Hong Kong;

What are the Differences between Opening a Company in Hong Kong and the Chinese Mainland?

Registration Elements

Hong Kong Company

The Chinese Mainland Company

Company Name

  • Relatively free naming without the limitation of the company’s scale.
  • The terms such as “international” and “group”, and the use of country or region names can be added as long as they are not considered misleading and similar to government departments or other companies
  • The naming structure “Region + Name + Industry Category + Co. Ltd.,” must be implemented.
  • The use of the terms “industrial”, “group”, and “China” is restricted and extra requirements are applied.

Share Capital and Register Capital

  • The par value of shares has been abolished since March 3, 2014, giving the company greater flexibility in the share capital structure so that the company can be established with the number of shares issued.
  • Subscription of registered capital is implemented.

Operation Scope

  • The company can mark the business scope on the certificate of incorporation as needed (up to 30 Chinese characters and 60 English characters) with rare limitations.
  • A general company cannot operate in multiple industries at the same time. Special restorations and limitations are applied for specific industries.

Operation Address

  • No mandatory requirement to rent a physical office address. The company can be attached to a secretary’s address and can be located at one address with multi companies.
  • A real address is required and should not be attached by other companies.
Foreign Exchange Control
  • Free foreign currency flow and exchange import & export (only for banks opened in Hong Kong).
  • Foreign exchange control is applied. The enterprise must apply for import & export qualifications. Foreign currency can only be settled when the customs declaration and tax withholding of goods. (You can read more about the foreign exchange control in the Chinese mainland in our blog).


  • Low income and profit tax. The tax rate for the first HK$2 million profit is only 8.25%, while a rate of 16.5% for the excess section is applied
  • Various tax and high tax rate is applied, including VAT, sales tax, and corporate income tax, leading to an overall tax rate of 25%.

Tax Declaration

  • Declared once a year. An 18-month tax declaration period is given to newly established company.
  • Declared both monthly and quarterly according to the category of taxes, together with an end-of-tax settlement.

Annual Auditing

  • Submitted 42 days within 12 months after the foundation of the company. A late submission may lead to fines.
  • Submitted before May 30 each year.



What are the types of companies or legal entities in Hong Kong?


There are four common types of business forms in Hong Kong:

1.     Limited Liability Company: the most common form of legal entity in Hong Kong offering protection of personal assets from business risks, coming in two forms: private limited company and public limited company. The majority of small to medium-sized companies are established as private companies limited by shares. On the other hand, public limited companies by shares are incorporated when there are the number of shareholders is over 50.


  • Tax benefits and incentives: taxation benefit is the major advantage that a limited liability company can enjoy. There is no value-added tax (VAT) or sales taxes, and the profits tax is only 16.5% of the profits for the corporation. Since Hong Kong follows the territorial basis of profits, you may also enjoy offshore tax exemption.

  • Ease of raising capital: you can expand your business by the ease of raising finances and bringing in new shareholders or issuing more shares to existing shareholders.

  • Easier transfer of ownership: complete or partial transfer of ownership can be easily done by selling company shares or issuing new shares to additional investors, while your business operation is unaffected during processing.


  • Complex to set up: a private limited company is more complex and expensive to establish compared to registration of sole proprietorship and partnerships.

  • On-going compliance: there are numerous statutory compliance requirements that private limited companies must adhere to annually.

  • Information disclosure requirements: a private limited company has to make required information (such as capital structure, personal particulars of shareholders, directors, and secretaries, etc.) available to the public by filing returns with the Company Registry.

2.     Sole Proprietorship: As its name suggests, the company is owned and operated by one individual alone. Although it is considered the simplest and the most accessible form of business, it is usually deemed as the riskiest business as there is no security of personal assets from liability. 


  • Ease of termination: closing and terminating the sole proprietorship is much easier and less expensive compared to other business forms.

  • Sole beneficiary of profits: you don’t have to share profits and other incomes derived from the company and the money is all yours.

  • Simple to establish: sole proprietorship is very easy to set up with simple and straightforward procedures.


  • Unlimited personal liability: when facing business debts and risks, there is no security of personal assets including the owner’s individual property.

  • No separate legal entity: sole proprietorship is not a separate legal entity, so the business and owner are deemed as one together.

  • Low public perception: Investors are less confident due to the risks posed by the form of business, making sourcing for finance more difficult.

3.     Partnership: the company which is co-owned and built by two or more investors who get together with a plan of sharing profits and risks, governed by the Partnership Ordinance of Hong Kong.


  • Combined expertise: By combining expertise, knowledge, skills, and resources together, higher productivity can be accomplished.

  • Greater Efficiency: A much better efficiency can be obtained since the general partner has the complete freedom to operate the company without any interruption and is liable for the day-to-day business affairs and the decision-making of the business. 

  • Ease of Raising Capital: The partners do not only depend on personal sources for raising the capital. The other sources of finance involve loans from the banks and the partners extended by the combined assets of all the partners.


  • Sharing Profits: Any profits in the business need to be shared with your partners.

  • Divided Goals and Opinions: The partnerships could be split by those partners who oppose the operational procedures, business goals, and management strategies. 

  • No protection of personal assets: Just like the sole-proprietorship, the partners can be personally accountable for the company’s losses and debts. 

4.     Foreign Company Office: the business presence of a foreign/overseas company in Hong Kong. It can be a branch office, a subsidiary, or a representative office in Hong Kong. It does not have legal capacity and can only be used for a limited scope of business, including promotional activities or market research.


What are the Requirements for Registering Companies in Hong Kong?


There are some general requirements for Hong Kong company incorporation:

  • At least one shareholder and director aged over 18 years old to establish a company.

  • Have a company secretary who can be either a Hong Kong permanent resident or a Hong Kong company (provided by Hongda).

  • Once registered company house/office address in Hong Kong(provided by Hongda).

  • Information about the company name and the registered capital (please click the link for forms for registration).

To successfully register your Hong Kong company, you should also prepare the following documents and materials. Hongda will handle the rest of the application process for you, 100% remotely and you don’t have to travel to Hong Kong yourself!


The documents required for Hong Kong company registration include:

  1. Incorporation Form (Form NNC1): This form contains information about the company's proposed name, registered office address, business activities, share capital, and details of the directors, shareholders, and company secretary.

  2. Articles of Association: This document outlines the internal rules and regulations of the company, including the rights and responsibilities of shareholders, directors, and officers.

  3. Identification documents: Copies of identification documents, such as passports or identity cards, for all directors, shareholders, and the company secretary. Non-resident directors or shareholders may need to provide additional documents, such as proof of residential address.

  4. Consent to Act as Director/Secretary (Form NNC3/NNO2): These forms are required to confirm the consent of the directors and the company secretary to act in their respective roles.

  5. Registered Office Address Proof: Documents proving the company's registered office address in Hong Kong, such as a copy of the tenancy agreement or a utility bill showing the address.

  6. Share Certificate: A share certificate is issued to each shareholder, indicating their ownership of shares in the company.

The Period and Method of Registering Hong Kong Company:

  1. Only 1 working day is required by electronic application submission through “e-Registry” of the Companies Registry;

  2. 10 working days for registering new Hong Kong companies, calculated after the preparation of documents and approval of due diligence.


Are There Supporting Services that Hongda Can Provide to Run My Company in Hong Kong?

Of course yes! There are many more services that Hongda can provide to help you run your company and keep your company compliant throughout the year, please click to read more about our services:

Besides the services mentioned above, Hongda also provides comprehensive services to support your operation and maintenance of your Hong Kong company. If you want to know more, please feel free to leave a message through the form at the top or book a free meeting with us!

  • Hong Kong company advisory services;
  • Hong Kong company liquidation / deregistration;
  • Changes in company ownership or directors;



Everything You Need To Do


Consultation & Proposal

We advise you on the best solution for your business model and send you our comprehensive proposal.


Signing & Payment

After reviewing the proposal, we sign the service contract and receive your payment.


Preparing Documents

We send you an application form as well as the list of documents we need from you.


Take a Break

Sit back, relax and let us take care of everything from here.


What are the basic requirements for registering a company in Hong Kong?

To register a company in Hong Kong, you need at least one director (can be an individual or a corporate entity), one shareholder (can also be the director), a company secretary (who must be a resident of Hong Kong or a Hong Kong-based corporate entity), a registered office address in Hong Kong, and a valid business name.

Is there a minimum share capital required to register a company in Hong Kong?

There is no minimum share capital requirement for registering a company in Hong Kong. However, standard practice is to have an initial share capital of at least HKD 1 or an equivalent amount in any currency.

Can I register a company in Hong Kong as a non-resident or foreigner?

Yes, non-residents and foreigners can register a company in Hong Kong. There are no restrictions on nationality or residency for company registration. 

What is the typical process for registering a company in Hong Kong?

The process for registering a company in Hong Kong involves the following steps:
  • Choose a company name and conduct a name search;
  • Prepare the necessary documents, including the Articles of Association, identification documents of directors and shareholders, and the registered office address;
  • Submit the application to the Companies Registry;
  • Upon approval, obtain the Certificate of Incorporation and Business Registration Certificate;
  • Open a Hong Kong bank account;

What is the role of a company secretary in Hong Kong?

In Hong Kong, every company is required to appoint a company secretary. The company secretary ensures that the company complies with legal and regulatory requirements, maintains statutory records, and handles administrative tasks. The company secretary can be an individual or a corporate entity. If you want to have an individual as the company secretary, he/she must be a resident of Hong Kong.

Are there any ongoing compliance requirements for Hong Kong companies?

Yes, Hong Kong companies have ongoing compliance requirements, including:

  • Filing annual returns with the Companies Registry.
  • Holding an Annual General Meeting (AGM) within a specific timeline.
  • Maintaining proper accounting records.
  • Filing tax returns with the Inland Revenue Department.
  • Renewing the Business Registration Certificate annually.
  • Updating any changes in company details, such as directors, shareholders, and registered office address.

Hongda also provides related services to keep your Hong Kong company compliant. Please visit our Hong Kong company accounting, auditing, and taxation page for more information.

Can a Hong Kong company hire foreign employees?

Yes, a Hong Kong company can hire foreign employees. However, both the employer and the employee must comply with the immigration and employment laws of Hong Kong. Foreign employees generally require a valid work visa or permit to work legally in Hong Kong. The company should apply for the necessary employment visas on behalf of foreign employees.

Can a Hong Kong company have a virtual office address?

Yes, a Hong Kong company can have a virtual office address. A virtual office allows companies to use a prestigious business address without physically occupying the space. It provides mail forwarding services and may include additional features like call handling and meeting room usage. However, it's important to ensure that the virtual office provider is reputable and compliant with local regulations.

How long does it take to register a company in Hong Kong?

The registration process typically takes around 1-2 weeks in Hong Kong. The timeline may vary depending on factors such as the workload of the Companies Registry and the completeness of the submitted documents. It is always advisable to book a free consultation with Hongda’s professionals for more information about the registration process and period of opening your Hong Kong company.


Sound United

Jack Peng
Sound United Vice President > Asia Pacific

Sound United is the leading designer and manufacturer of consumer audio products in the US. Sound United has been using Hongda since 2013. Moving one’s operation to China is not a small task, But Hongda’s expert services helped us set up a company and deal with tax issues so we could get on with growing our business in no time at all, and that’s why we continue to use them today.


Travis Perkins


Travis Perkins PLC Director of Group Business Risk & Assurance

Travis Perkins PLC (a leading builders merchant in the UK) has been using Hongda Business Services since 2008 for accounting and professional services. Throughout this time, we have found the team at Hongda to be very helpful and professional in their dealings with us. We look forward to working with the company in the future.


Tulip Pacific Ltd.

Erik de Waard

Tulip Pacific Ltd. > Director

Tulip Pacific Ltd. (Business planning and interim financial management services) has been using Hongda Business Services since 2012. Hongda has helped us set up legal entities in China/HK and takes care of our annual company audits. They are the most efficient business service provider I have worked with to-date, and their professional advice has helped me better advise my own clients and provide greater value to my overall business.

Business service Guidance

Hongda Business Services helps foreign businesses looking to establish in the PRD (Pearl River Delta, Guangdong), Shanghai and Hong Kong take advantage of everything that China has to offer. We typically work with companies in Shenzhen, Guangzhou, Zhuhai, Zhongshan, Shanghai, and Hong Kong.


Don't hesitate to contact

Leave your message about the inquiries you have or book a meeting with Hongda for a free consultation.


We will contact you shortly

We will contact you as soon as possible. Please make sure that your contact information is correct!