Financial license application

Hong Kong company registration conditions and procedures

(Hong Kong Huitong Professional Registration Guide)

Hong Kong has been rated as the freest economic system in the world for many consecutive years。As Asia Pacific International Finance、Shipping and Trade Center,Its low tax rate established in accordance with the Companies Ordinance、Less intervention and no exchange control policy,Provides legal offshore operations and brand building foundation for enterprises。Hong Kong private limited company is established in accordance with the Companies Ordinance,Supervised by the Companies Registry (CR) and the Inland Revenue Department (IRD) in accordance with the law。Hong Kong Huitong provides name search and verification、Director/Statutory Secretary Appointment、Compliance delivery of statutory record books (green box),As well as one-stop legal agency services for opening public accounts。

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1. Statutory Commercial and Structural Advantages

No industry restrictions:Can legally operate any business,No additional application for a charter is required (except for regulated financial industries)。

Capital and logistics freedom:Import and export goods (tobacco and alcohol、(except fuel) duty-free;No exchange controls,Free exchange and transfer of any currency。

Offshore exemptions and branding mechanisms:The law allows shell companies to exist,Support offshore business operations,Facilitate the creation of international brands using free port status。

2. Legal conditions for company registration

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Company Name

English name must end with "Limited",Chinese must end with "Limited Company"。Do not mix Chinese and English。Involving "Bank"、“Trust”、Terms such as "Chamber of commerce" must obtain the consent of the Chief Executive。

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statutory director

At least 1 person。Must be over 18 years old (except for bankrupts or persons of unsound mind),No nationality restrictions,Can be a natural person or a limited company。Directors and shareholders can be the same entity。

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company shareholders

At least 1 person。No nationality restrictions,Natural persons must be over 18 years old,It can also be held by a limited company in any registered place。

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legal secretary

Mandatory requirements。Must be appointed as a local resident of Hong Kong or a limited company registered in Hong Kong (provided by Hong Kong Huitong)。

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Registered address

Must be an actual physical address in Hong Kong,Used to receive official government letters。Use of Post Office Box Only (P.O.. Box)。

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Registered capital

According to the Hong Kong Company Law,The standard registered capital is 10,000 Hong Kong dollar。No actual capital verification required。

3. Customer opening process and submission of information

first step:Develop basic information

Provide proposed company name to Hong Kong Huitong,and confirm the registered capital (default standard 10,000 Hong Kong dollar)。

Step 2:Submit legal identity documents

Provide copies of identification documents of all proposed shareholders and directors,As well as their permanent address and valid contact information。

Step 3:Establish equity structure

Clarify and issue a statement of shareholding ratios among shareholders,Used to prepare the Memorandum and Articles of Association。

Step 4:Government approval and certification

After submission of documents,Approved by the Hong Kong Companies Registry and the Inland Revenue Department in parallel,Issuance of certificate and full set of statutory information (green box)。

4. Tax structure and capital charge requirements

financial items Legal rates/standards Description and conditions
Registered capital stamp duty (Royal stamp tax) 1 / 1000 One-time collection。Calculation of total registered capital based on company settings。
gain tax (corporate income tax) 16.5% Hong Kong adopts a minimalist tax system,Only taxable on Hong Kong-sourced profits。
tariff (import and export) 0% (exemption) free port policy。Except for special consumer goods (cigarettes、spirits、gasoline、Diesel and other fuels),Fully free of customs duties。
Legal standard registered capital 10,000 Hong Kong dollar Hong Kong Company Law Default Standard。No need to actually pay into bank account (subscription system)。

5. Register and issue:Full set of statutory information (green box file)

Company registration certificate (CI)

Business registration certificate (BR,Renew annually)

"Memorandum and Articles of Association" (Usually 18 book)

Three-piece legal seal set:Company seal (round seal)、Signature stamp and steel seal each 1 sheet

stock book (Share Certificate Book)

Company statutory documents book:Includes meeting minutes、shareholder、Share transfer、director、Secretary and mortgage register

6. Name and Franchise Legal Risk Warning

[Regulation on Branch Establishment] You can apply for a branch under a Hong Kong limited company,However, the branch name is strictly prohibited from ending with "Limited Company" or "Limited"。You must apply for a branch registration certificate from the tax bureau,and cannot replace the parent company BR。

[Penalty for name infringement] Approval of a name does not mean it is protected by a trademark。If the Registrar determines that the name is "too similar" to the name in the index database and issues a change instruction,Those who refuse to comply face maximum fines 100,000 Yuan and imprisonment 6 months,Continuous default will increase the penalty on a daily basis 700 Yuan。

[Financial Industry Ban] Illegal use of "bank"(Bank)”、"Stock Exchange(Stock Exchange)”、"United Exchange(Unified Exchange)” is a criminal offense,Strictly regulated by the Banking Ordinance and Securities and Futures Ordinance。

[Accounting Industry Prohibition] Except for practicing corporations defined in the Professional Accountants Ordinance,Good use of "C.P.A."、"Practicing Accountant"、"Auditor" or "auditor" are both serious offenses。

7. Hong Kong company establishment:Core pain points and legal answers (FAQ)

[Advantage Category] Are there any restrictions on the business scope of Hong Kong companies?+

No industry restrictions。As long as the business is legal,Can operate freely,No need to apply for a separate license for general business activities。

[Fund Scheduling] What are the import and export tariffs and foreign exchange control policies?+

Hong Kong is a free trade port,Smoke removal、Except spirits and fuel oil,General goods import and export are exempt from tariffs。No exchange controls at all,Various foreign currencies can be freely exchanged and transferred at any time。

[Tax Bonus] What are the company’s core tax types and tax rates?+

Only two core tax burdens:One-time stamp duty on registered capital (tax rate 1/1000),and profits tax levied on profits derived from Hong Kong (rate 16.5%)。

[Operational Structure] Is it allowed to register a shell company to carry out offshore business?+

fully permitted by law。Enterprises can legally retain shell company status,And use this as a carrier to carry out international offshore business operations and build brand structure。

[Company Naming] Are there any legal restrictions on naming Chinese and English names?+

Must comply with the Companies Ordinance:English must end with "Limited",Chinese must end with "Limited Company"。Allow single English、Chinese only or both Chinese and English,However, it is strictly prohibited to combine Chinese and English letters in the same name。

[Sensitive Words] Can I use "trust" directly?、Words like "Chamber of Commerce" or "Metro"?+

restricted。ContainsTrust(trust)、Chamber of commerce(Chamber of Commerce)、Underground railway(underground railway)23 other sensitive words,Must first obtain the written consent of the Chief Executive。

[Shareholder Conditions] Are there any mandatory requirements for the nationality and age of shareholders?+

No nationality restrictions。Natural persons must be at least 18 years old (except those who have not been discharged from bankruptcy or are mentally unsound)。at the same time,A limited company in any place of registration can serve as a legal person shareholder。

[Personnel Structure] Can a natural person serve as a director and shareholder at the same time?+

Can。Directors and shareholders can be the same natural person or the same legal entity。

[Secretary Company] Can a non-Hong Kong resident serve as a legal secretary?+

No。The legal secretary must be a local natural person in Hong Kong,Or a limited company legally registered in Hong Kong (if entrusted by Hong Kong Huitong)。

[Legal address] Can I only use a post office box as my registered address?+

Strictly prohibited。The business registration address must be an actual physical address in Hong Kong that can receive official government correspondence.,You cannot just use a Post Office Box (P.O.. Box)。

[Registered Capital] What is the legal standard amount of registered capital?+

According to the Hong Kong Company Law,The standard registered capital for a private limited company is set by default to 10,000 Hong Kong dollar。

[Legal Risk] What are the consequences of refusing to change a company’s name when it is accused of being “too similar”?+

If you ignore the change instructions,The company and senior personnel will be prosecuted,highest facing 100,000 Hong Kong dollar fines and imprisonment 6 months;Continuous default will be calculated on a daily basis 700 Accumulated fines in Hong Kong dollars。

[Criminal Red Line] Why is it punishable to use the words "bank" or "auditor" casually?+

Such terms are governed by the Banking Ordinance、Exclusive regulation under the Professional Accountants Ordinance and Securities and Futures Ordinance。Without specific approval or license,Unauthorized use constitutes a criminal offence。

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