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Hong Kong is a Special Administrative Region of the People's Republic of China, located on China's south coast. Hong Kong used to be a British colony up to 1997. Due to that, corporate law is based on the British Legal System. As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region.
The official languages in Hong Kong are Chinese and English and the currency is Hong Kong dollar (HKD).
Company Incorporation and local Requirements
| Minimum Number of Directors | One (at least one natural person to act as director) |
| Corporate Directors Permitted | Yes (if there is at least one physical director on the Board) |
| Bearer Shares Allowed | No |
| Minimum Share Capital | One share |
| Minimum Number of Shareholders | One |
| Shelf Companies Available | No |
| Company Secretary Required | Yes |
| Registered Office / Agent | Yes |
| Local Meetings | No |
| Local Directors | No |
| Local Secretary | Yes |
| Submit Audited Accounts | Yes |
| Annual Return | Yes |
Documents necessary for the Incorporation | Details of shareholder, including notarised copy of passport, utility bill and original bank reference letter |
COMPANIES FEE SCHEDULE
Basic package
COMPANY REGISTRATION COSTS – 2.750 USD
Government Fees (based on standard authorized share capital of HKD 10.000) – 380 USD
Annual fees
Registered office – 850 USD
Company secretary - 1.350 USD
Business Registration – 350 USD
Confidential package
Corporate director (each) – 800 USD
Physical director (each) – 2.000 USD
Corporate shareholder (each) – 400 USD
Physical shareholder (each) – 1.400 USD