Here are the general steps involved in registering a company in Hong Kong:
- Company Name Search and Reservation: Choose a suitable company name and conduct a name search to ensure that the name is available for registration. You can do this through the Companies Registry’s online system or by visiting their office.
- Prepare Company Documents: Prepare the necessary company documents, which typically include the Articles of Association (a document outlining the company’s internal regulations), a completed incorporation form (Form NNC1 for a private company limited by shares), and other required forms.
- Appoint Company Officers: Identify and appoint company officers, including at least one director and one shareholder. These roles can be filled by individuals or corporate entities. A director must be a natural person of at least 18 years of age.
- Registered Address: Provide a registered address for the company in Hong Kong. This address will be used for official correspondence and must be a physical address (P.O. Box addresses are not allowed).
- Company Secretary: Appoint a company secretary who can be an individual or a corporation. The company secretary is responsible for ensuring the company’s compliance with various legal requirements.
- Submit Documents to the Companies Registry: Submit the required documents, including the incorporation form, Articles of Association, and other necessary forms, to the Companies Registry for processing. This can be done online or in person.
- Pay Registration Fees: Pay the necessary registration fees, which may vary depending on the company’s authorized share capital. The fees can be paid online or at the Companies Registry.
- Receive Certificate of Incorporation: Once the registration is approved, you will receive a Certificate of Incorporation. This certificate validates the lawful presence of your company.
- Open a Bank Account: With the Certificate of Incorporation in hand, you can open a bank account for your company in Hong Kong.
- Tax Registration: Register for taxes, including obtaining a Business Registration Certificate and registering for various types of taxes (e.g., profits tax, salaries tax, etc.).
- Employer’s Obligations: If you plan to hire employees, you’ll need to comply with Hong Kong’s employment laws, including registering as an employer with the Mandatory Provident Fund (MPF) scheme.
- Business Licenses and Permits: Depending on the nature of your business, you might need specific licenses or permits to operate legally in Hong Kong.
Book a consultation with us at Hong Kong Company Formation to be supported all steps involved in the registration of a company in Hong Kong!