Question 1

What is an incorporation of a company?

Accepted Answer

Incorporating a company means legally establishing a business as a separate legal entity, which offers benefits like limited liability, greater credibility, and easier access to funding. Hong Kong is one of the most popular destinations globally for company incorporation, thanks to its business-friendly environment, simple tax structure, and robust legal system.To incorporate in Hong Kong, you’ll need a unique company name and a local registered address. Additionally, you must appoint a Designated Representative, at least one individual Director, one Shareholder, and a Company Secretary who fulfils Hong Kong’s regulatory requirements. This straightforward process, combined with Hong Kong’s efficient government systems, makes incorporation quick and accessible for local and international entrepreneurs alike.

Question 2

I'm based overseas — can I set up a company remotely?

Accepted Answer

Absolutely. Hong Kong places no residency requirements on company directors or shareholders. We handle every step remotely — from document preparation to filing with the Companies Registry — so you never need to travel to Hong Kong.

Question 3

How long does it take to set up a company?

Accepted Answer

Typically 5–7 business days from the moment we receive your completed documents. For Hong Kong urgent cases, we can expedite to as fast as 1–2 business days with an express filing service.

Question 4

What does the incorporation timeline depend on?

Accepted Answer

Typically, we can complete your company registration within just 3-4 business days, provided all necessary documents are ready, and we’re within the working days of the relevant authorities. Here’s what we’ll need to proceed:Payment – Collect payment for our services.Documents & Information – Receive all required documents and information from you.Due Diligence – Clear our due diligence checks to ensure compliance.Electronic Signatures – Have the documents electronically signed on your end.Once these steps are completed, we can swiftly move through the registration process and get your company up and running without unnecessary delays.

Question 5

Do I need a local address for Hong Kong company?

Accepted Answer

Yes, every HK company requires a registered office address. We provide this as part of our incorporation package — a prestigious business address in Central, Hong Kong.

Question 6

What language is allowed when selecting a name for registration in Hong Kong?

Accepted Answer

When choosing a company name for registration in Hong Kong, you have the flexibility to use either English, Chinese, or both languages, but there are specific guidelines to follow:Language Consistency – You can register your company with either an English name, a Chinese name, or both, but the name cannot contain a mix of English and Chinese characters within a single name.Naming Convention – If your company name is in English, it must end with the word "Limited." If your company name is in Chinese, the last character should convey the meaning of "Limited" to meet regulatory standards.By adhering to these requirements, you’ll ensure your chosen name aligns with Hong Kong’s naming conventions and is eligible for registration.

Question 7

What is a Company Secretary, and why do I need one for setting up a Hong Kong company?

Accepted Answer

Under the Hong Kong Companies Ordinance, every company must appoint a Company Secretary who is responsible for statutory compliance — filing annual returns, maintaining registers, and ensuring the company meets all legal obligations. With over 10 years of experience, we serve as your dedicated Company Secretary.

Question 8

What is the Significant Controllers Register (SCR), and do I need to maintain one?

Accepted Answer

The SCR (Significant Controllers Register) is a mandatory register that Hong Kong companies must maintain under the Companies Ordinance. It records individuals or entities with significant control over the company — typically those owning more than 25% of shares or voting rights. The register must be kept at your registered office or a designated place and must be made available to law enforcement upon request. We set up and maintain your SCR as part of our company secretarial services, ensuring full compliance.

Question 9

What are the basic requirements?

Accepted Answer

Most business owners register their companies in the form of private limited companies in Hong Kong. To do so, you must meet the following requirements:At least one shareholder over 18 years old is required. The shareholder can be a local or a foreignerAt least one director of over 18 years old is required. The director can be a local or a foreignerOne person can act as both the shareholder and the directorYou must have a registered address in Hong KongWhile you do not need a minimum share capital to register a company in Hong Kong, the common practice is to have about HK$ 10,000 in share capital. Since the minimum paid-up capital per share is HK$ 1.00, your share capital can be represented by 10,000 ordinary shares of HK$ 1.00 eachYour company needs to have a Designated Representative (DR) in the form of a company or a person to provide assistance to the company's Significant Controllers Register (SCR)A company secretary who is a local. If you would like to use an incorporated entity as your secretary, it will need to have an office in Hong KongAfter meeting these requirements, you will need to apply for a valid business registration certificate through the Hong Kong Companies Registry to officially establish your business.

Question 10

What do I get after registering a company?

Accepted Answer

Once your company is successfully registered in Hong Kong, you’ll receive several essential items and services to help you operate smoothly and stay compliant. These include:Articles of Association – The foundational document outlining your company's governance.Local Company Secretary – A dedicated, qualified professional to handle your company’s statutory responsibilities.Registered Business Address – A physical address in Hong Kong for official correspondence.Business Account – Assistance with setting up a business bank account to facilitate financial transactions.Business Registration Certificate – Your official registration certificate issued by the Inland Revenue Department.Certificate of Incorporation - Your company registration certificate issued by the Companies Registry.Additionally, we’ll help set up your accounting calendar to keep track of tax obligations and ensure your business stays compliant throughout the financial year, giving you peace of mind as you grow.

Question 11

What should I do after registering a company in Hong Kong?

Accepted Answer

Once your company is successfully registered in Hong Kong, you can concentrate on the essential next steps to ensure your business operates smoothly. One of the first tasks is to open a business account, and if you register your company with Osome, we provide assistance throughout this process to make it as seamless as possible.Additionally, you should obtain any relevant permits and licenses necessary for your industry, which can be found on the government website. This ensures that your business complies with local regulations. Finally, it’s important to set up your bookkeeping and accounting processes to manage your finances effectively. Taking these steps will help you establish a strong foundation for your newly registered company and support its growth in the competitive Hong Kong market.

Question 12

Do Hong Kong companies need to file tax returns every year?

Accepted Answer

Yes, all Hong Kong companies are required to file tax returns annually with the Inland Revenue Department, regardless of their business activity or profitability.

WiseBridge Consultancy

WiseBridge Consultancy

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