Hong Kong company registration

1. Introduction to Hong Kong

Hong Kong is a free port，Except for cigarettes、Liquor and fuel for power (gasoline、Diesel, etc.)，Hong Kong does not impose tariffs on other imported items。Hong Kong’s economy is known for its free trade、Known for low tax rates and minimal government intervention。financial industry、real estate industry、Tourism and manufacturing are the four pillar industries of Hong Kong’s economic development。The top ten Hong Kong products are ready-made clothing、electronic products、textile、clock、printed matter、Plastic products、metal products、Food and drink、Industrial machinery and jewelry。Hong Kong has been rated as the freest economic system in the world by internationally renowned rating agencies and organizations for many years in a row.。Hong Kong is a financial center in the Asia-Pacific region and even internationally.、international shipping center、regional trade center，Possessing an irreplaceable superior position in proximity to many countries and regions。

2. Advantages of Hong Kong company registration

1. No industry restrictions：Can run any legal business，No need to apply for a separate license。
2. free trade port：Free entry and exit of logistics，No customs duties are levied on the import and export of general goods；Free entry and exit of funds，Various foreign currencies can be exchanged and mobilized at any time。
3. Tax policies and tax rates：Hong Kong has few taxes、low tax rate，The main tax is profits tax，Tax rate 16.5%；Tariffs are levied on the import and export of special consumer goods (such as tobacco and alcohol)。
4. international image：Capitalizing on Hong Kong’s popularity，Create a Hong Kong brand，Improve the company's international image。
5. offshore business：Allow shell companies to exist，Offshore business operations are allowed。

3. Hong Kong company registration conditions

1. Company Name：
   • English names can be used、Chinese name or both registered at the same time，However, a combination of Chinese and English names is not allowed。
   • English name must end with "Limited"，Chinese name must end with "Limited Company"。
   • If the company name contains certain words (such as "Bank"、"Stock Exchange" etc.)，Requires the consent of the Chief Executive。
2. company shareholders：at least one。
3. company director：at least one，Shareholders and directors can be the same entity (natural person or limited company)。
4. legal secretary：Must be a Hong Kong company or Hong Kong person。
5. Business registration address：Must be a Hong Kong address，Cannot just be a P.O. Box。
6. Registered capital：Standard registered capital is HKD 10,000。

4. Information that customers need to provide

1. Company Name；
2. Registered capital (standard is HKD 10,000)；
3. Copies of identification certificates of shareholders and directors；
4. Shareholding ratio of each shareholder；
5. Residential addresses and contact details of shareholders and directors。

5. A complete set of statutory information for Hong Kong company registration

According to the provisions of Chapter 32 of the Hong Kong Companies Statutory Ordinance，A complete set of statutory information after the company is established including：

1. Company registration certificate；
2. Business registration certificate (valid for one year，(Requires annual renewal)；
3. "Memorandum and Articles of Association" (generally 18 volumes)；
4. Company seal and signature seal (1 each)；
5. Company seal (1 piece)；
6. stock book；
7. Company statutory document books (including meeting minutes book)、Register of shareholders、share transfer register、register of directors、Company Secretaries Register、mortgage register)；
8. The above documents come with a "precious hard case"，Commonly known as "green box"。

6. Hong Kong company registration reference materials

1. Branch registration：You can apply for a branch under a Hong Kong limited company，Branch name does not need to end with "Limited" or "Limited"，However, you need to apply for a branch registration certificate from the tax bureau。
2. Name protection：Registration of a company name does not mean that the name is protected，If intellectual property disputes are involved，A company cannot rely on its registered name as a defense。
3. name similarity：If the company name is "too similar" to an existing name，The Registrar will request a name change，Failure to do so may result in fines or imprisonment。
4. Special name restrictions：Certain words (such as "bank"、"stock exchanges", etc.) are regulated by other laws，Unauthorized use may constitute a criminal offense。