What defines share capital, and how does it contribute within Hong Kong?
The funds acquired by a company by selling shares to shareholders is known as share capital. This capital serves as financial support for the business’s activities and expansion, as well as signifies ownership in the company. In Hong Kong, each type of legal entity, such as Unlimited Company, Company Limited by Shares, Non-Hong Kong company (Branch Office), and Holding Company, has specific share capital needs based on its structure and goals.