| 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
two weeks |
| Shelf
Companies Available |
Yes |
| 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 |
| Name
of Banks, Insurance, Investment Fund, Trust Company or their equivalents
requiring consent or license |
Yes |
| 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$1,000 |
| Bearer
Shares Permitted |
No |
| Registered
Shares Permitted |
Yes |
| No
Par Value Shares Permitted |
No |
| 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 |
| 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 |
| Local
Requirements |
| Qualified
Registered Office/Agent |
Yes |
| Government
Register of Shareholders |
Yes |
| Government
Register of Directors/Officers |
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. |
| Annual
Requirements |
| Minimum
Annual License Fee or Franchise Tax |
HK$2,600
|
| 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 |
| Other
Relevant Information |
| Member
of Apostille of the Hague Convention |
No |
| Increase
or Reduction of Capital |
Shareholder’s
resolution |
| Redomiciliation
Prohibited |
No |
| Reinstatement
at Registry |
Yes |
| Removal
from Registry |
Striking
off, voluntary liquidation; creditors liquidation, winding up by Court |
