When change of business address in Hong Kong, what should I do?

You should notify the Companies Registry, by way of a letter, of any changes in the addresses of the presentor, applicant or the nominated person to facilitate future communication.In addition if the address of the company's registered office has been changed, you should deliver a Form NR1 to report the change; if the addresses of the directors have been changed, you should deliver a Form ND2B to report the changes.Read more: Open bank account in Hong Kong Register a company in HongKong

How is the existence and validity of company certified?

After the company is registered, we will deliver the Certificate of Incorporation, steel seal of the company, articles of association and others to clients. In addition, we can also help clients apply for Certificate of Good Standing to local government.

Are there any special requirements for foreign investors in Hong Kong?

Foreign investors who want to open a Hong Kong offshore company are allowed to have full foreign ownership.However, there are considerations for the individuals who may become company directors and for the company formation in Hong Kong.Read more: Nominee director Hong Kong Hong Kong bank account for non resident

Can an offshore company operate in Hong Kong once registered without declaration to Hong Kong government?

No. Company in any country or region, which conducts business in Hong Kong, shall apply Business Registration Certificate and declare tax. According to Section 11 of Companies Ordinance of Hong Kong, the company should be registered as an offshore company incorporated in Hong Kong.

Can any company apply for deregistration?

No. Only a local private company or a local company limited by guarantee, other than those companies specified in section 749(2) of the Companies Ordinance, may apply for deregistration. The company must be a defunct solvent company.

Which type of company in Hong Kong is the most common?

There are several types of companies in Hong Kong that are suitable for different needs of foreign business owners, entrepreneurs, and investors. However, foreign investors normally choose three types of companies including Limited Liability, Sole Proprietorship, and Partnership to set up businesses in Hong Kong.

Limited Liability: Most people prefer to choose a Limited Liability Company to start their business because of its advantages for the owner. The company is the legal entity and separate from the owner means personal assets are protected by law from the liabilities and businesses’ risks.
Sole Proprietorship: This type of company is suitable for low risk and small scale businesses. The process to set up a sole proprietorship is simple and fast. However, the company is not a separate legal entity and personal assets are not protected from the liabilities and businesses’ risks.
Partnership: In this type of company, two and more people can join and share the ownership of one single company and the ability to raise funds needed by the business. Partner also shares the responsibility of the liability and the risk for the deeds of the other partners.

In Hong Kong, Limited Liability Company categorizes further into Company Limited by Shares and Company Limited by Guarantee. Between these three types of companies, business owners, entrepreneurs, and investors usually would decide to set up their companies as Limited Liability Company as this type of company offers more advantages compared to other two companies types which make Limited Liability Company as the most common type of company in Hong Kong.

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