Advantages of Registering in Hong Kong

Hong Kong is recognized as the world's third-largest financial center, following New York and London, and enjoys a stellar global reputation. The city boasts a robust legal system, a straightforward and low-tax regime, and comprehensive infrastructure and communication facilities. It also offers access to a pool of highly skilled professionals. One of the most attractive features of registering a business in Hong Kong is the allowance for 100% foreign ownership, with foreigners permitted to be the sole director and shareholder. These factors make Hong Kong an ideal location for business establishment and growth.

Pre-Registration Checklist

Before proceeding with your company registration, please ensure you have prepared the following information:

• Company Name: Must be in English or traditional Chinese characters. The name cannot be identical to any existing local company name and must not infringe on third-party intellectual property rights. Names may include terms like "international," "group," "holding," and names of countries or regions.

• Business Scope: There are no significant restrictions on the business scope. Companies can operate any legal business, making it possible to register businesses in Hong Kong that may be difficult to register elsewhere.

• Directors: A minimum of one director is required, with no limit on the number of directors. Foreigners can serve as the only director.

• Shareholders: A minimum of one shareholder is required, with a maximum of fifty. Shareholders can be individuals of any nationality or companies.

• Registered Capital: The minimum registered capital is HK$10,000, with no upper limit.

• Local Company Secretary: A local company secretary is mandatory. The role can be filled by an individual or a professional firm. The company secretary is responsible for communicating changes in the company structure and management to the government, maintaining records of daily changes, and submitting statutory documents timely and accurately to avoid penalties.

• Local Registered Address: A local registered address is required for all legal documents. This ensures timely receipt of government notices and deadlines, enabling quick and appropriate responses.

Choosing Move2SG

Move2SG provides comprehensive support throughout the Hong Kong Company Registration process. Our services include:

• Assisting in the preparation and submission of all required documents.

• Ensuring compliance with all legal and regulatory requirements.

• Offering expert guidance to ensure a smooth and efficient registration process.

For personalized support and expert advice, please contact us.