Type of Hong Kong Companies
- Sole Proprietorship
- Partnership
- Private Company Limited
- Public Company Limited
Company Formation - Private Limited Company by Shares
- Tailor Made Company (preferences name*)
- Directors (Accept Corporate body but min.1 any nationality natural person who at least 18 year old)
Shareholders (min. 1 any nationality natural person who at least 18 year old But max. 50 people ** SCR holds 25% share)
- Shares & its Capital (min.1 share, HK$1 paid-up share capital)
- Article of Association
- Company Secretary
- Hong Kong Registered Office
Company Formation - Bank Account Opening
Hong Kong is one of the members of “FATF”(Financial Action Task Force), The Hong Kong Monetary Authority has established a regulatory framework in line with international standards of risk management to all licensed banks. Therefore, the banker has the obligation to do proper “KYC” (Know Your Customer) to new clients comply with anti-money laundering and terrorist financing principle.
General Statutory filing Requirement
- Annual Return – Form NAR1 (Companies Registry)
- Business Registration Certificate (Inland Revenues Department)
- Profit Tax Return (Inland Revenues Department)
- Employer Return (Inland Revenues Department)
Annual General Meeting
New Incorporation
Company limited by Guarantee/ Private Company (not subsidiary of a public company)
– 9 months after the first anniversary of the company’s incorporation; or
– 3 months after the end of that accounting reference period, whichever is the later; and s
On-going Company
Company limited by Guarantee/ Private Company (not subsidiary of a public company)
– 9 months after the end of its accounting reference period
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Hong Kong Basic Accounting and Taxation in Hong Kong
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