What are the basic requirements for setting up a company in Hong Kong?

A unique company name, at least one director, shareholders, a company secretary, and a local registered address.

What documents are required for company registration?

Articles of Association, Incorporation Form, and identification documents for directors, shareholders, and company secretary.

Why should I hire a professional services firm?

Professional firms handle all formalities, ensure compliance, and provide ongoing support.

Can foreigners be sole directors and shareholders of a Hong Kong company?

Yes, there are no local residency requirements for directors and shareholders.

What is the taxation system like in Hong Kong?

Corporate tax is 16.5% on assessable profits derived from Hong Kong, with no capital gains tax or VAT.

What is the process for opening a company bank account?

Physical presence may be required depending on the bank, and professional services firms can assist with the process.

What ongoing compliance is required for Hong Kong companies?

Annual audited accounts, tax returns, business registration certificate renewal, and annual general meetings.

How long does it take to register a company in Hong Kong?

Government processing of an online application usually takes two to six business days. Being fully operational, including a working bank account, more often takes two to six weeks.

Can I register a Hong Kong company without visiting Hong Kong?

Yes. Non-residents can incorporate and own a Hong Kong company remotely, and digital banking options mean a trip is often unnecessary. Some traditional banks still ask for a face-to-face meeting.

Do I need a Hong Kong resident director?

No. Directors can be of any nationality and do not need to live in Hong Kong. The company secretary is different: an individual secretary must reside in Hong Kong, or you can appoint a locally registered corporate service provider.

What is the minimum share capital for a Hong Kong company?

There is no minimum. Most companies are formed with a single ordinary share, and share capital can be denominated in any major currency. Bearer shares are not permitted.

What is the difference between the Certificate of Incorporation and the Business Registration Certificate?

The Certificate of Incorporation, issued by the Companies Registry, proves the company legally exists. The Business Registration Certificate is a tax registration issued by the Inland Revenue Department and must be renewed annually or every three years.

Does a Hong Kong company need an audit in its first year?

In almost all cases, yes. Accounts must be audited by a Hong Kong Certified Public Accountant and filed with the profits tax return, and the first return typically arrives around 18 months after incorporation.

Can one person be the sole shareholder and sole director?

Yes, but that person cannot also act as the company secretary, so a separate secretary must be appointed.

Can I use a virtual address as my registered office?

The registered office must be a physical Hong Kong address able to receive statutory correspondence, and a PO box will not do. A registered office service provided through your company secretary satisfies the requirement.

Is a Hong Kong company taxed on foreign income?

Only profits arising in or derived from Hong Kong are chargeable to profits tax. An offshore claim is available but must be substantiated, and the foreign-sourced income rules have tightened in recent years.

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How to Register a Company in Hong Kong: A Detailed 2026 Guide

Aug 12

1 min read

Updated: Sep 2

Once your company is incorporated, it needs a company secretary from day one. See our guide to Hong Kong company secretary services for what the role covers and how to appoint one.

How to Register a Company in Hong Kong: A Detailed 2026 Guide

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