Hong Kong

Hong Kong is located on the southern coast of the People’s Republic of China. There is an estimated population of 7 million people and a land area of less than 1,092 square kilometres. The official language is English and Chinese and its currency is the Hong Kong dollar (HK$), which is pegged to the United States dollar (US$) at the approximate rate of HK$7.8 to US$1. The primary industries are the financial and investment services. The company law is based on the United Kingdom Company Ordinance of 1932, which has been amended many times, most recently in 2005.

Highlights of Hong Kong Companies:

  • Confidentiality on shareholders information
  • Based on English Law
  • Are not identified as offshore companies
  • Neutral tax jurisdiction
  • Regulated financial services industry
  • None exchange controls
  • No restrictions on foreign Investment
  • Allotment of Multi-Currencies
  • Incorporated in Chinese and/or English language

General Information

Type of Company

Private Company Limited by Shares

Companies Law

Companies Ordinance, Cap. 32

Minimum Director

One

Minimum Shareholder

One

Bearer Shares Permitted

No

Corporate Shareholders

Yes

Corporate Directors

Yes

Minimum License Fee

$340

Disclosure of Ownership

No

Corporate Seal Required

Yes