The application fee for incorporation of a local company having a share capital is HK$1,720.
The registration fee for incorporation of a company limited by guarantee is calculated according to the number of members stated in the Incorporation Form (Form NNC1G) of the company. The registration fee is HK$170 (for number of members not exceeding 25 ), HK$340 (for number of members exceeds 25 but does not exceed 100 members), and HK$20 for every additional 50 members or less after the first 100 members. This registration fee is subject to a maximum fee of HK$1,025.
In most cases, it takes about 5-7 working days to incorporate a company in Hong Kong. However, if you are located overseas, it may take longer owing to the logistics of signing and couriering the relevant company formation documents.
Every Hong Kong incorporated company must have a registered office in Hong Kong from the date of its incorporation. This is the company's legal address for notices and proceedings and can be different from its business address.
Yes, the minimum is one shareholder/director. Your company must have a director and a secretary (secretary must be either a Hong Kong resident or local incorporated company). The director also serves as a member of the company.
Annual return (includes list of officers & directors) must be filed within 42 days of the anniversary of initial registration date, along with a $25 USD fee
Inland Revenue Department tax filing for newly incorporated companies falls due 18 months after the incorporation date
Initial annual audit must be filed within 18 months after incorporation date, unless the company has unlimited liability
An Annual General Meeting (AGM) must be held within 18 months of incorporation, at a time and place the directors announce
The Business Registration Certificate must be renewed one to three years post-incorporation, depending on the Certificate issued
As per Hong Kong company formation laws, every company formed in Hong Kong, unless specifically exempted, must file its audited accounts with the Inland Revenue Department of Hong Kong along with its profits tax return on an annual basis. The auditor must be a member of the Hong Kong Society of Accountants and must hold a practicing certificate.