How Much Is The Condition Of Registering Hongkong Company?

Operating in Hongkong is a very free trade country. Hongkong is also an international metropolis with highly developed information. It is the freest trading port in the world, plus its own good infrastructure and sound legal system. This provides a unique business environment for entrepreneurs and businessmen.

Therefore, more and more mainland businessmen have different purposes to create their own companies in Hongkong and form an international framework. This will not only enhance the company's image, create their own brand, but also enhance their competitiveness and create greater market space and profit margins.

Conditions for registration of Hongkong company:

Shareholders of Hongkong company:

It is the investor and investor of the company, and is the source of the initial capital of the company.

The establishment of a Hongkong company requires at least 1 or more natural or legal person shareholders. The nationality is not limited to the age of 18.

Director of Hongkong company: director is a management team who is responsible for the operation and management of the company on the basis of the general meeting of shareholders, and is responsible for the daily conduct of the company.

Set up HK company directors are the same as shareholders.

Moreover, shareholders and directors can be the same natural person.

Unlike the company system in mainland China, Hongkong companies do not need to establish legal persons and supervisors.

The legal responsibilities and obligations of directors of a company are roughly the same as those of Chinese mainland companies.

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The registered capital of Hongkong company:

It is the upper limit for shareholders of a limited liability company to undertake corporate debts.

The registered capital of Hongkong company needs no actual capital verification, and its currency is unlimited.

The statutory minimum registered capital is HK $10 thousand.

The level of registered capital mainly affects two factors: (1) if an enterprise involves the pfer of shares in the future, the government will levy a registered capital of 2/1000 of the stamp duty on the basis of the registered capital level (similar to the stamp duty in mainland China); (2) because the limited company shareholders are liable for the company's debts in the limit of their capital contribution, the registered capital will affect the debt liability of the investors.

The registered address of Hongkong company: there must be a registered address in Hongkong, and the type of address is unlimited.

The legal secretary of Hongkong company: the Company Ordinance provides that the Hongkong company must have a natural person or company from Hongkong as the statutory Secretary of the company.

If a client does not have a local natural person in Hongkong as a statutory secretary, he will also be a statutory Secretary of our company.

Follow up maintenance of Hongkong company: follow up maintenance mainly includes two aspects:

(1) the company has been established for 12 months and needs to participate in the annual registration of the registry.

(2) for the first time in 18 months, it is necessary to apply for tax payment to the Hongkong Inland Revenue Department.

At the beginning of the second time, it is required to declare the situation of the enterprise tax once a year.

(for details, please refer to Hua Tuo's "Hongkong company annual review" and "Hongkong company tax return").

Remarks:

The requirements of the shareholders and directors' documents are: photocopies or scanned Chinese identity cards or passports are required; if they are other nationalities, they need to provide scanned copies or photocopies of their passports.

The company's application form (NC1) is required to be signed by the directors and shareholders of the company.