Fact File Supplied By:
Timothy Loh LLP
7.52 million (as of mid-2019)
Chek Lap Kok
Personal income tax
Corporate income tax
Hong Kong has concluded a total of seven Tax Information Exchange Agreements. For details, please visit the Inland Revenue Department’s website at www.ird.gov.hk
Minimum authorised capital
Minimum share issue
Timescale for new entities
Approximately four working days (for paper submission) or 1 hour (for e-submission).
There are fees for business registration and filing returns. For business registration fees, please refer to https://www.ird.gov.hk/eng/pdf/brfee_table.pdf. For fees for filing returns, please refer to https://www.cr.gov.hk/en/faq/local-company/annual-return.htm.
Yes, for private companies which (i) are not members of a group of companies of which a Hong Kong listed company is a member, and (ii) have at least one other director who is a natural person.
Public share registry
Annual general meeting required unless exempted or dispensed with.
In Hong Kong
Company naming restrictions
Please refer to https://www.cr.gov.hk/en/faq/local-company/company-name.htm