Legal entity types in Hong Kong compared
Our team has expertise in helping individuals such as yourself understand the complexities of Hong Kong’s business structures. We offer a range of services to help you select the best structure for your business and ensure compliance with regulations. Let’s discuss the different business structures in Hong Kong and how we can support you in establishing your business in this thriving Asian country.
Legal entities in Hong Kong
Here is a summary of the most commonly used legal structures in Hong Kong:
Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
---|---|---|---|---|
Company Limited by Shares | 有限公司 | $ 0 | Directors | 10 days |
Unlimited Company | 無限公司 | $ 0 | Members | 7 days |
Branch Office | – | – | Branch manager | 15 days |
Holding Company | – | – | Board of directors | 10 days |
Unlimited Company (無限公司)
Many big companies in Hong Kong frequently opt for the Unlimited Company due to its adaptable framework and minimal regulatory obligations. This provides a more straightforward approach to conducting business without the limitations of a limited liability company. Our team is available to help guide you through the registration procedure for your Unlimited Company in Hong Kong.
Company Limited by Shares (有限公司)
Many small and medium-sized businesses in Hong Kong choose to establish a Company Limited by Shares. One of the main benefits of this option is the protection of shareholders with limited liability, ensuring they are not held personally accountable for any financial obligations. Our team is available to offer the necessary support and direction for the registration process of this type of company in Hong Kong.
Non-Hong Kong company (Branch Office) (非香港公司(分公司))
Foreign companies frequently create a Non-Hong Kong company (Branch Office) in order to have a presence in Hong Kong. The streamlined registration process and fewer regulatory requirements make it simple to operate within the region. Our team is available to help you register your Non-Hong Kong company (Branch Office) in Hong Kong.
Holding Company
A holding company is frequently used as a strategic tool to control other companies by owning their shares. Setting up a holding company in Hong Kong can bring advantages like centralized management, risk spreading, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and enhance tax planning. Our knowledgeable team offers personalized support to assist you in forming and running a holding company in Hong Kong, ensuring adherence to regulations and maximizing the potential of your corporate structure.
Requirements for starting the business
Let’s examine the crucial prerequisites for establishing any form of business entity in Hong Kong and how our committed team supports you throughout the entire process.
Minimum share capital
Hong Kong has minimum share capital requirements based on the chosen business structure. Our experts will help determine the required minimum share capital for your business, regardless of the corporate type. We will work closely with you to ensure your business complies with regulations and maximizes financial resources.
Directors and shareholders
In Hong Kong, every organization must have directors and shareholders appointed. Our experts provide valuable guidance on selecting appropriate directors to ensure the company benefits from their expertise and aligns with your ultimate goals.
Legal duties and obedience
Keeping up with obligations such as registration, reporting, and tax requirements is vital. Our legal team manages the administrative duties to ensure full compliance, freeing you to concentrate on your main activities.
Book a consultation
The team takes the time to understand your goals, industry, and challenges so that we can offer personalized guidance during the business formation process. With our experience and dedication to providing excellent service, we ensure a smooth and stress-free path to creating a successful company in Hong Kong. Don’t let the challenges of starting a business in Hong Kong hold you back. Trust us to help your business reach its full potential. Contact us now to start your journey. Simply fill out and submit the inquiry form below, and our experts will reach out to you.