Establishing a Company in Hong Kong has long been renowned as a leading financial and commercial hub in Asia, attracting numerous entrepreneurs and international investors. Setting up a company in Hong Kong not only provides access to a vast market but also allows businesses to enjoy attractive tax incentives. However, to embark on this business journey, investors must clearly understand the conditions, procedures, and costs involved in company registration. In this article, we will explore the latest updated information on the process of establishing a company in Hong Kong.

Hong Kong is renowned for its corporate tax rate of only 16.5% on income generated in Hong Kong, with no tax imposed on income derived from sources outside Hong Kong. This enables businesses to achieve significant cost savings compared to many other jurisdictions. Furthermore, Hong Kong imposes no value-added tax (VAT), no inheritance tax, and no tax on dividends, making the business environment highly attractive.
The company registration process in Hong Kong is transparent and swift. Hong Kong’s business administration system ranks highly in terms of ease and friendliness. The entire registration can typically be completed within 10–15 working days, allowing your company to commence operations promptly.
Establishing a company in Hong Kong not only provides access to the local market but also serves as a gateway to mainland China and ASEAN countries. Hong Kong enjoys a special trade relationship with mainland China through the Closer Economic Partnership Arrangement (CEPA), facilitating operations in both regions.
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To establish a company in Hong Kong, investors must meet several key conditions as follows:
1. Type of company: Select a business structure compliant with legal requirements.
2. Shareholders and directors: Minimum requirement of one director and one shareholder (can be individuals or legal entities; no residency requirement in Hong Kong).
3. Company secretary: Must appoint at least one company secretary who is a Hong Kong resident or a Hong Kong-based organization.
4. Registered office address: Must have a valid office address in Hong Kong.
In addition, there are no nationality restrictions for investors or directors, and no minimum capital requirement.

Before establishing a company in Hong Kong, you should select the appropriate business structure based on your objectives and scale.
A sole proprietorship is considered the simplest form of business. It is owned and operated by a single individual or member. There is no legal separation between the owner and the business. This structure is most common among small businesses. However, the owner bears unlimited liability for debts and legal obligations.
– Advantages:
– Easy and straightforward establishment with minimal legal requirements.
– Full control and decision-making authority over all business matters.
– Profits are not subject to corporate tax but are included in personal income.
– Disadvantages:
– Unlimited personal liability for debts and legal obligations.
– Difficulty in raising capital.
The Limited Liability Company (LLC) is the most popular business structure in Hong Kong. It is widely chosen due to its flexibility, ease of management, and limited liability for shareholders.
For foreign companies intending to conduct business in Hong Kong, establishing a branch office is also an ideal option.
Partnerships in Hong Kong are divided into two types: General Partnership and Limited Partnership, specifically:
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Select a Company Name
Prepare Required Documents
Submit Enterprise Registration Dossier
**Step 1: Check Conditions and Prepare Dossier for Company Establishment in Hong Kong**
After reviewing the conditions, the investor prepares the dossier for company establishment in Hong Kong.
**Step 2: Submit Dossier and Receive Enterprise Registration Certificate in Hong Kong**
**Step 3: Open a Corporate Bank Account in Hong Kong**
When opening a corporate bank account, banks in Hong Kong typically require the following:
Documents commonly required by banks include:
All limited liability companies in Hong Kong must undergo annual auditing by a licensed auditing firm. The audited financial statements must be submitted together with the financial report to the Inland Revenue Department of Hong Kong.
Enterprises must retain complete accounting records and financial books for 7 years to facilitate audits if required.
After company establishment, you must open a corporate bank account to conduct business transactions. Major banks in Hong Kong such as HSBC, Standard Chartered, and Bank of China offer this service.
The comprehensive outward investment consultation service at BKC Law provides an all-in-one legal solution for investors seeking to expand international business operations. BKC Law supports various areas including investment registration, legal procedures for establishing companies abroad, advice on capital management, and international legal regulations. We also assist in completing necessary legal formalities, resolving disputes if they arise, and ensuring compliance with legal requirements throughout the investment process, helping investors save time and effort in managing and developing overseas investment projects.
With a team of senior lawyers with many years of experience, solid legal knowledge, and strong bilingual consultation capabilities, BKC Law is confident in being one of the best legal partners to support foreign investors in carrying out investment activities abroad.
To receive free legal consultation at BKC Law, please contact our lawyers using the following information:
Telephone: 0901 3333 41
Email: info@bkclaw.vn
Branch in District 1: 9th Floor, Diamond Plaza Building, 34 Le Duan Street, District 1, Ho Chi Minh City
Branch in Binh Tan: 41 Ten Lua Street, Binh Tan District, Ho Chi Minh City
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41 Rockets, Binh Tri Dong B, Binh Tan District, Ho Chi Minh City.
info@bkclaw.vn
0901 3333 41
9th Floor, Diamond Plaza Building, 34 Le Duan, Ben Nghe Street, District 1, Ho Chi Minh City.
info@bkclaw.vn
0901 3333 41