Hong Kong is located in eastern Asia, on the southeast coast of the People's Republic of China, facing the South China Sea.
On July 1 1997, sovereignty of Hong Kong was transferred to the People's Republic of China (PRC), ending over one and a half centuries of British rule. Hong Kong became a Special Administrative Region (SAR) of the PRC with a high degree of autonomy in all matters except foreign affairs and defence, which are responsibilities of the PRC government.
According to the Sino-British Joint Declaration (1984) and the Basic Law, Hong Kong will retain its political, economic, and judicial systems and unique way of life and continue to participate in international agreements and organisations as a dependent territory for at least 50 years after retrocession.
Incorporating requirements (Private Company Limited)
Minimum of 1 directors required, of which 0 must be residents.
Corporate directors are permitted.
Director's meetings are not required
There is a public director's register
Minimum of 1 secretaries required, who need not be residents.
Corporate secretaries are permitted.
There is not any requirement for secretaries to hold a professional qualification
Minimum of 1 shareholders required
Corporate shareholders are permitted.
There is a public shares register
Bearer shares are not permitted.
Usually the Authorised share capital is 10,000 shares of HK$1 each.
Where some or all of the shareholders are nominees, the ultimate beneficial ownership of the shares does not have to be declared to the authorities.
A registered agent is required.
An annual return is required.
Please see Our Fees Schedule Heading
The package fee includes government fees, local secretary fees, local agency fees, registered office fees and our service fees, and have the following after incorporation: a) Certificate of incorporation b) Business registration certificate c) Minutes of directors, shareholders, secretary, etc d) Five copies of M & A e) Signatory Chop and a round chop f) Block file containing a) to e) above.
Opening Offshore Bank Account in Hong Kong: Refer to Fee Schedule
Incorporation Time: 1-2 Days