Private Limited Company - Hong kong

Private Limited Liability companies registered in Hong Kong are highly sought after because of their straight forward registration requirements and popular public acceptance.  They are regulated by the Companies Ordinance which provide a modernized legal framework and solidifies Hong Kong’s position as a burgeoning international financial center.

 Some of the key features are listed below:

Advantages and Benefits

  • Own a private company limited by shares
  • Corporate Tax Rate of 16.5%
  • Ability to issue multiple classes of shares
  • Legislation and Corporate documents are produced both in Chinese and English language
  • Ability to open and maintain bank accounts in Hong Kong
  • No minimum requirements for share capital
  • Ability to appoint nominee shareholder to obtained high level of confidentiality and privacy
  • No nationality restriction for shareholders and Hong Kong residency is not required.
Jurisdiction
Hong Kong
Type of Entity
Private Limited Company
Type of Law
Common Law
Shelf Company availability
Yes
Our Time to establish a new company
1-7 Working Days
Taxation on foreign income
Nil
Double Taxation treaty access
Yes
Standard currency of share capital
HK$
Other permitted currencies of capital
Any
Minimum paid up share capital
HK$1
Usual authorized share capital
HK$10,000
Minimum number of Directors/Managers
1
Local Directors/Managers required
No
Publicly accessible record of directors/Managers
Yes
Locations of directors/managers meeting
Anywhere
Minimum number of members
1
Publicly accessible record of members
Yes
Location of members meeting
Anywhere
Company Secretary required
Yes
Local or Qualified company secretary required
Yes
Requirement for Audited accounts
Yes
Requirement to file accounts
Yes
Publicly accessible accounts
No
Requirement to file annual return
Yes
Change in Domicile permitted
No
Requirement to prepare accounts
Yes
Bearer shares
No

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