Set Up Private Limited Liability Company in Hong Kong

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Set Up a Private Limited Liability Company in Hong Kong 1 A presentation brought to you by our Lawyers in Hong Kong

Transcript of Set Up Private Limited Liability Company in Hong Kong

Set Up a Private Limited Liability

Company in Hong Kong

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A presentation brought to you by our

Lawyers in Hong Kong

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Limited Liability

Company in Hong Kong

• If you are interested in opening a

business in Hong Kong, the

private limited liability

company may represent a good

option for your business.

• The private limited liability

company in Hong Kong is a

type of company chosen by the

small and medium investors.

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Shareholders of a

Private Limited Liability

Company in Hong Kong

• The shareholders of this type of

company are liable for the

company’s debts only in the limit of

their owned shares’ value.

• These shares are transferable only

respecting the regulation stipulated

in the Memorandum of Association

and the Articles of Association.

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The Structure of a Private

Limited Liability

Company in Hong Kong

• The private limited liability

companies in Hong Kong must

have at least one shareholder,

one director and one secretary.

• The secretary must be a Hong-

Kong resident.

• A number of maximum fifty

shareholders are allowed to form

this type of business.

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Share Capital of a Private

Limited Liability Company

in Hong Kong

• There is no minimum share

capital requested for registering

a private limited liability

company in Hong-Kong.

• The capital is divided into equal

shares, distributed among the

members.

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Annual Audited Accounts

in Hong Kong >>

• Every year the private limited

liability company must prepare

the company’s statement

accounts which are audited.

• For example, the Annual Return

must be delivered every year to

the Companies Registrar.

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>> Annual Audited Accounts in Hong Kong

• The Annual Audited Accounts are

not public, but this document

must be submitted with the

Inland Revenue Department.

• Along with this, the private

limited liability company must

also deliver the Corporation

Profits Tax Return.

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Registration of a Private

Limited Liability Company

in Hong Kong

• The registration of a private limited

liability company in Hong-Kong is

made based on the following

documents:

the memorandum of association

and the articles of incorporation;

a standard completed application.

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The Standard Application

for Company Registration in Hong Kong >>

• In order to register a limited liability

company in Hong Kong, a standard

application must be completed with the

following information:

the company’s name;

the address;

the type of performed business;

details regarding the

shareholders, directors and

secretary;

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the amount of share capital;

details regarding the shares;

details regarding the liability;

passport copy for the foreign

members;

identity card for the Hong-

Kong residents.

• In order to register a limited liability

company in Hong Kong, a standard

application must be completed with the

following information:

>> The Standard

Application for Company Registration in Hong Kong

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Other Requirements after the

registration in Hong Kong

• After checking the chosen name and

approving it, the company is

registered, but only if the above

documents are properly submitted.

• The second step is registering the

limited liability company with

the Business Registration Office,

no longer than 14 days after the above

step is completed.

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Company Formation in Hong Kong

• Opening companies in Hong

Kong is a complex matter that

usually requires the advice of a

company formation specialist.

• Please contact our company

formation specialists in Hong

Kong for more information about the

process of creating private limited

liability companies in this country.

Thank you for your

attention!

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Please contact us for more information at:

+ 852 8191 3385

[email protected]

http://www.opencompanyhongkong.com/