What is limited company in Hong Kong?
What is limited company in Hong Kong?
A Hong Kong private limited company is a separate legal entity and therefore protects the personal assets of shareholders from business liabilities.
How much does it cost to set up a limited company in Hong Kong?
Fees
| Different Hong Kong entity types | Registration cost | Annual maintenance fees |
|---|---|---|
| PLC company | US$8,600 | US$4,900 |
| LLC with employment visa | US$15,205 | US$5,000 |
| Hong Kong company with China corporate bank account | US$11,655 | US$5,000 |
| Foreign trust | US$16,000 | US$11,600 |
How do I set up a limited company in Hong Kong?
Incorporation of a local limited company in Hong Kong
- Step 1 – Choose the type and name of company. Choose the type of company that best suits your company’s purposes:
- Step 2 – Deliver application.
- Step 3 – Collect Certificates.
- Step 4 – Obtain other permits or licences.
How can I check a company in Hong Kong?
General Information You can visit the Companies Registry’s 24×7 Cyber Search Centre (www.icris.cr.gov.hk) to obtain information on all companies in the Companies Register (including dissolved companies) and image records of documents registered and kept by the Registrar of Companies.
Can a director be a limited company?
Almost anyone can be a director of a UK limited company. To be appointed as a company director, an individual must: be at least 16 years old. not be an undischarged bankrupt.
How long does it take to open a company in Hong Kong?
5-7 days
It takes an average of 5-7 days for a foreigner to incorporate a company in Hong Kong.
What business is good in HK?
With thousands of startup business opportunities, have a look at this list of 10 small business ideas in Hong Kong and get started!
- Business Consultants.
- Travel Agency.
- Product Sourcing Agent.
- Call Center Agency.
- Freight Forwarder.
- Manufacturing.
- App Developer.
- Furniture Making and Remodeling.
Can a foreigner start a company in Hong Kong?
The e-Registry is the portal that allows foreigners to set up a business in Hong Kong completely through the internet. If you wish to set up a sole proprietorship or a partnership, you must either be a Hong Kong resident or have an applicable work visa. You can read more about getting a Hong Kong work visa here.
Can I set up a limited company on my own?
A limited company can be set up by a single individual who will be the sole shareholder and company director, or by multiple shareholders. Advantages of forming a limited company include: Liabilities such as debts or legal action are limited to the company.
Where can I find incorporation date?
Date of Incorporation: The date of incorporation is typically the filed date of the charter. The filed date of the charter can be found in the electronic or physical stamp.
How do you know if a company is public or private?
Steps to Check Company Registration Status
- Step 1: Go to the MCA website.
- Step 2: Go to the ‘MCA Services’ tab. In the drop-down click on ‘View Company/LLP Master Data’.
- Step 3: Enter the companies CIN. Enter the captcha code. Click on ‘Submit’.
What kind of Business is registered in Hong Kong?
The most common type of business entity registered in Hong Kong is a private limited liability company.
Where can I find Hong Kong company list?
Welcome to www.hkcompany.org – the free business list of Hong Kong company. All the data provided in this website is free. This site enables you to searches on the current data of registered companies in Hong Kong Company List. There are 2937721 records listed in our database.
How to set up a limited liability company in Hong Kong?
To setup a Hong Kong limited liability company, normally the following documents will be required: A copy of the Articles of Association for the company. A standard document is normally provided by the professional services firm who is assisting with incorporation of the company.
How many shareholders can a Hong Kong company have?
Shareholders – A Hong Kong private limited company can have a minimum of 1 and maximum of 50 shareholders. There is no residency requirement for shareholders. A director and shareholder can be the same or different person.