| General Information |
| Jurisdiction |
Hong Kong
|
| Type of Entity |
Private Company Limited by Shares
|
| Type of Law |
Companies Ordinance, Cap. 32
|
| Language of Legislation and Corporate Documents |
Chinese. or English or Both
|
| Taxation of Foreign Profits |
Nil
|
| Exchange Controls |
None
|
| Time to establish a new company |
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
|
| 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 Authorised/Paid-up Capital |
no minimum stated
|
| Usual Authorised Capital |
Standard authorized capital is usually HK$1,000
|
| Bearer Shares Permitted |
No
|
| Registered Shares Permitted |
Yes
|
| No Par Value Shares Permitted |
No
|
| Minimum Number of Shareholders |
One
|
| Local Shareholders Required |
No
|
| Corporate Shareholders Permitted |
Yes
|
| Disclosure of Shareholders |
Yes
|
| Directors and Officers |
| Minimum Number of Directors |
One
|
| Company Secretary Required |
Yes
|
| Corporate Secretary Permitted |
Yes
|
| Meetings |
| Annual General Meeting of Shareholders Required |
Yes
|
| Location of AGM |
Anywhere
|
| Adoption by Consent Permitted |
Yes
|
| Quorum required for purposes of meetings |
Memorandum and Articles of Association
|
| Local Requirements |
| Qualified Registered Office |
Yes
|
| Public Register of Shareholders |
Yes
|
| Public Register of Directors |
Yes
|
| Public Register of Charges |
Yes
|
| Annual fees |
HK$2,600
|
| Applicable Surcharges |
Varies (depending on payment date)
|
| Requirement to File Annual Returns |
Yes
|
| Requirement to Submit Annual Audited Accounts |
Yes
|