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Summary of Features of Hong Kong Companies

Update Date:2023-2-13 14:59:28     Source:www.3737580.com     Views:1043

Hong Kong Company Registration
Hotline: 86-755-82143410 Email:
info@citilinkia.com

Hong Kong corporate formation is one of ATAHK's Hong Kong business services for investors all over the world. The features of Hong Kong Limited Companies can be concluded in several aspects.

1.General Information

Company Law                                                                      Companies Ordinance, Cap. 32
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                                            Approximately 1 - 5 days
Shelf Companies Available                                                Yes

2.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

 

3.Capital and Shareholders
Minimum Number of Shareholders                                     One
Local Shareholders Required                                            No
Corporate Shareholders Permitted                                    Yes
Disclosure of Shareholders                                                No
Minimum Authorised Capital Required                      There is no minimum stated. Standard authorized capital is usually HK$10,000
Bearer Shares Permitted                                                   No
Registered Shares Permitted                                            Yes
No Par Value Shares Permitted                                         No

 

4.Directors and Officers
Minimum Number of Directors                                          One
Qualifications of Directors                                               Legal age
Officers Required                                                           Company Secretary
Corporate Directors/Officers Permitted                           Yes
Local Directors/Officers Permitted                                   Yes
Appointment of Subsequent Directors/Officers                Memorandum and Articles of Association

 

5.Meetings
Annual General Meeting of Shareholders Required        Yes
Annual General Meeting of Directors Required               Yes
Location of Directors and Shareholders Meetings           Anywhere
Adoption by Consent Permitted                                       Yes
Quorum required for purposes of meetings                     Memorandum and Articles of Association

 

6.Local Requirements
Qualified Registered Office/Agent                                  Yes
Government Register of Shareholders                           Yes
Government Register of Charges                                   Yes
Register of Directors/Officers to be kept at Registered Office Optional. The company may file a "Notification of Location of Registers" to keep them somewhere else.

Company Seal Required                                                 Yes

 

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.
Copy of Share Register to be kept at Registered Office Optional. The company may file a "Notification of Location of Registers" to keep them somewhere else .

 

7.Annual Requirements
Minimum Annual License Fee or Franchise Tax              HK$2,450
Annual License Fee Due Date                                        Company’s Anniversary
Applicable Surcharges                                                    Varies (depending on payment date)
Requirement to File Annual Returns                               Yes
Requirement to Submit Annual Audited Accounts           Yes

 

8.Other Relevant Information
Member of Apostille of the Hague Convention                 Yes
Increase or Reduction of Capital                                     Shareholder’s resolution
Redomiciliation Prohibited                                               No
Reinstatement at Registry                                               Yes

 

Contact us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143348, or emailing to info@citilinkia.com.

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