Preincorporate a company in Hong Kong

Hey, global entrepreneurs! Thinking about taking your business to the bustling market of Hong Kong? Let's get you well-prepared for the adventure ahead with our practical checklist.

Want to incorporate your business in Hong Kong?

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Foundation steps

1. PROPOSED COMPANY NAME

a. General requirements:

- The company name can be in English or Chinese.

- English names must end with “limited,” while Chinese names must end with “有限公司.”

- Avoid using a combination of English letters and Chinese characters.

- Refrain from suggesting any connection to government entities.

- Register a company name does not confer trademark rights

b. Company name restrictions:

- Ensure your proposed name is unique.

- Avoid criminal offenses, offensive names, and connections to government bodies.

- Do not infringe trademarks or brand names.

2. BUSINESS DETAILS

- Ensure you have readily available fundamental information about your business, including the nature of your business activities and its physical location.

3. REGISTERED ADDRESS

- An incorporated company in Hong Kong must have a registered office in the jurisdiction, P.O. Box is not accepted as the registered office address.

Key personnel

1. DIRECTORS

- Hong Kong company formation requires at least 1 director. There's no limit on the number of directors, and they can be of any nationality or residency, as long as they are above 18 years old

- Make sure to provide the following details:

+ Full name

+ Residential address

+ HKID card and passport number (If they don't have an HKID card, their passport number and issuing country must be provided)

2. SHAREHOLDER

A registered company must have at least one shareholder. Make sure you have the following information available for each shareholder:

- Full name of shareholder(s)

- Residential address

- If the shareholder is a corporate entity:

+ Business profile outlining the shareholder structure.

+ Authorized representative’s name & ID document

3. COMPANY SECRETARY

The company secretary can be a Hong Kong resident individual or a registered company with the Trust or Company Service Provider. For individual acting as company secretary, details required include:

- Full name

- Residential address

- HKID card number or passport number and issuing country

Your constitution will need to include the following information:

- Class of shares

- Number of shares

- Share capital to be subscribed (and issuing currency)

- The amount to be paid up/remain unpaid

What's the next moves?

After your company is officially formed, it's time for the next steps:

- Hold the First Board Meeting

- Open a corporate bank account

- Apply for an employment visa

- Notify the Business Registration Office of the company's business nature

- Appoint auditors and accountants for financial management