Hong Kong Limited Company IncorporationSetup your company in 3 hours Full set value-added service Free referral for Commercial Bank Account OpeningHKD4,680 UP (all fees included)
Hong Kong Limited Company IncorporationSetup your company in 3 hours Full set value-added service Free referral for Commercial Bank Account OpeningHKD4,680 UP (all fees included)
Brilliant Business Centre (BBC) is a registered service provider for one-stop Hong Kong private company incorporation service for both limited & unlimited companies. We also offer company secretary service, virtual office which provides our clients a registered business address, phone receptionist service to facilitate the immediate operation of their newly set-up business. Service plans as low as HKD4,680 inclusive of government fees, company stamps and articles of association.
Enjoy the hassle-free & efficient company registration experience on bbc ‧ me, a self-service-platform proudly presented by BBC! Follow the easy steps and fill out the required information and get your own company up and running! Subscribers of BBC’s virtual service plans can use bbc ‧ me to manage your daily operation such as government documents filing, forwarding of parcels / mails, making payments etc! Anywhere! Anytime!
Features
Trust professionalism and expertise Over the years, BBC has assisted over 10,000 clients from all over the world incorporating their private companies in Hong Kong!
hours express incorporation service
Speedy receipt of your Certificate of Incorporation and Business Registration Government fees, Articles of Association, Company Stamps all Inclusive
Multiple Service Centres
Our branches are located at Causeway Bay, Sheung Wan, Tsim Sha Tsui, Mongkok, Kwun Tong, San Po Kong and Kwai Fong With convenient transportation and nearby facilities! Pick one as your registered company address!
Handy value-added service
Our service plans cover virtual office, company secretary, trademark registration, accounting and auditing & taxation filing service
Powerful and user-friendly online platform
The unique bbc ‧ me Self-Service-Platform allows hassle-free online application of different kinds of services including company registration at the comfort of your own home
Making business operation and life so much easier
bbc ‧ me is a proud one-stop portal introduced by BBC for Virtual Office users to get all the daily operations under control by just a swipe on your mobile or tablet. Reminders on due date for filing any statutory documents, notices on the collection of mail / parcels on your behalf and forwarding options are all readily available on bbc ‧ me! Completely Free of Charge!
Records on mail & parcels received
check out sender, recipient, forwarding agent info'
Mail to PDF
Read your mails / letters as soon as they come in
Parcel forwarding
Have your parcel & mail forwarded to designated places
e-Fax service
Faxes received will be saved in your account in PDF format
comply with all legal requirements
Important reminders on due date for filing statutory documents to meet compliance and avoid penalties
Service application and account management
Check current service plan and apply for additional services with ease
Manage multiple accounts
Consolidate multiple company accounts under a single user account for closer management
Authorization
Delegation is made easier than ever! Withdrawal is equally easy with just a click.
Online Documents
Check job status instantly e.g. BR registration / renewal
e-Client-Card
hassle-free recognition of your identity
Online Payment
Settle BBC bills via various means with ease
More handy functions
Waiting for you to explore!
Commercial Banking Free referral service for account opening
Commercial bank accounts are a necessity for every company. Enjoy BBC’s arrangement for you for FREE.
Commercial bank account opening referral
Preparation of the required documents for you
Multiple branches opening options
Free to pick a commercial banking centre convenient to you
Express approval process
Shorter average approval time than making appointments on your own
Minimum account balance
Possible waiver of minimum account balance requirement
For details please consult our customer service Note: Commercial bank account opening referral is not part of the company incorporation service plan. Banks have final right in decisions regarding the acceptance of bank account opening and the corresponding appointment.
One Click Apply Business Integrated Account
bbc ‧ me has linked up with HSBC to support an easier than ever account opening experience. With simple authorization steps, we can help you consolidate and submit the required information to HSBC to apply for a Business Integrated Account. Simple, Secured & Smooth operation!
Limited company incorporation service plans
Brilliant choice for the wise!
Get the ultimate solution for your need in setting up your own business – BBC offers service plans for Hong Kong limited company incorporation, virtual office which provides you a registered office address, secretary & phone receptionist service and other value-added service for you to get your business up and running.
NB Prices for Plan R1 – R4 varies depending on the choice of different branches
Hong Kong Limited Company (Economy Pack) + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan A 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan B 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan C 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan D 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Certificate of Incorporation (CI) Application
Business Registration (BR) Application
Articles of Association x 5
Pre-inked circular chop
Company's Director(s), Secretary, Share-holder(s) and address declaration
Necessary documents for bank account setup
Address rental
By using BBC Causeway Bay Branch's address as your registration address
Unlimited mails and parcels handling
Phone Secretary Service
Dedicated phone number
Phone Secretary answers phone calls on behalf of your company
Phone/Email notification of received call(s)
Phone Secretary answers and redirects phone call(s)
e-Company-Directory Service
Display your company name on your registered address as required by the regulations
Our Brilliant Business Centre (BBC) Causeway Bay branch is located in The Hang Seng Causeway Bay Building, which is a premium commercial building in the Causeway Bay area. The premises is surrounded by banks, in the neighbourhood of many Grade A offices like the World Trade Centre, Hysan Place and Times Square.
Transports and Map
Transports and Map
12/F, Hang Seng Causeway Bay Building, 28 Yee Wo Street, Causeway Bay, Hong Kong.
MTR Causeway Bay Exit E(3 minutes walk) *Recommended
Hong Kong Limited Company (Economy Pack) + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan A 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan B 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan C 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan D 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Certificate of Incorporation (CI) Application
Business Registration (BR) Application
Articles of Association x 5
Pre-inked circular chop
Company's Director(s), Secretary, Share-holder(s) and address declaration
Necessary documents for bank account setup
Address rental
By using BBC Sheung Wan Branch's address as your registration address
Unlimited mails and parcels handling
Phone Secretary Service
Dedicated phone number
Phone Secretary answers phone calls on behalf of your company
Phone/Email notification of received call(s)
Phone Secretary answers and redirects phone call(s)
e-Company-Directory Service
Display your company name on your registered address as required by the regulations
Our Brilliant Business Centre (BBC) Sheung Wan branch is located in Kai Tak Commercial Building, which is in the vicinity of the most prosperous financial district of Hong Kong. Famous landmarks including the International Financial Centre, the Exchange Square and many bank’s headquarters are just a few minutes’ walk apart. Our Sheung Wan branch is only 3 minutes' walk from MTR station, 1 minute' walk to the Tram terminal, 8 minutes' walk to Hong Kong Macau Ferry Terminal. Airport Express Hong Kong Station is also just 5 minutes away by taxi or one stop away by MTR.
Transports and Map
Transports and Map
11/F, Kai Tak Commercial Building, No. 317-319 Des Voeux Road Central, Hong Kong.
MTR Sheung Wan station exit B or exit C(3 minutes walk)
Hong Kong Limited Company (Economy Pack) + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan A 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan B 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan C 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan D 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Certificate of Incorporation (CI) Application
Business Registration (BR) Application
Articles of Association x 5
Pre-inked circular chop
Company's Director(s), Secretary, Share-holder(s) and address declaration
Necessary documents for bank account setup
Address rental
By using BBC Tsim Sha Tsui Branch's address as your registration address
Unlimited mails and parcels handling
Phone Secretary Service
Dedicated phone number
Phone Secretary answers phone calls on behalf of your company
Phone/Email notification of received call(s)
Phone Secretary answers and redirects phone call(s)
e-Company-Directory Service
Display your company name on your registered address as required by the regulations
Our Brilliant Business Centre (BBC) Tsim Sha Tsui branch in China Insurance Building is located at the core of Hong Kong's major business district. We are situated in between of East Tsim Sha Tsui and Tsim Sha Tsui which is the home of many internationally recognized brands. With large shopping malls nearby, such as K11, THE ONE and Harbor City, different banks and commercial buildings. It only takes 5 minutes' walk from MTR Station to Tsim Sha Tsui branch or 10 minutes' walk from Hung Hom Station for train service to China.
Transports and Map
Transports and Map
4/F, China Insurance Building,48 Cameron Road, Tsim Sha Tsui, Kowloon, Hong Kong.
MTR Tsim Sha Tsui Exit B2,(3 minutes’walk)
MTR East Tsim Sha Tsui Exit P2,(5 minutes’walk)
MTR Hung Hom Exit D,via footbridge from the PolyU(10 minutes’walk)
Hong Kong Limited Company (Economy Pack) + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan A 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan B 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan C 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan D 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Certificate of Incorporation (CI) Application
Business Registration (BR) Application
Articles of Association x 5
Pre-inked circular chop
Company's Director(s), Secretary, Share-holder(s) and address declaration
Necessary documents for bank account setup
Address rental
By using BBC Mong Kok Branch's address as your registration address
Unlimited mails and parcels handling
Phone Secretary Service
Dedicated phone number
Phone Secretary answers phone calls on behalf of your company
Phone/Email notification of received call(s)
Phone Secretary answers and redirects phone call(s)
e-Company-Directory Service
Display your company name on your registered address as required by the regulations
Our Brilliant Business Centre (BBC) Mong Kok branch is located in Hollywood Plaza at Nathan Road which is one of the most flourishing and busiest commercial avenues in Hong Kong. The diversified complex comprises of banks, office towers and shopping malls and is in the immediate vicinity of Langham Place, Bank Center Mall and Mong Kok Center etc. Only 3 minutes’ walk from Mong Kok MTR Station to our Mong kok branch, 3 minutes’ walk from Yau Ma Tei Station and ten minutes’ walk from the Mong kok East Station. Minibus and bus stops are also available right across Hollywood Plaza. It is an excellent location with convenient accessibility of transport which brings a great advantage for all business.
Transports and Map
Transports and Map
18/F, Hollywood Plaza, 610 Nathan Road, Mongkok, Kowloon, Hong Kong.
MTR Mongkok Exit E2, (3 minutes’ walk)
MTR Yau Ma Tei Exit A2, (6 minutes’ walk)
MTR Mongkok East Exit B, via footbridge from the Moko Shopping Mall (10 minutes’ walk) Minibus: 5M, 3 ( Near Shandong Street), 49S, 606S, 610S (Near Nathan Road)
Hong Kong Limited Company (Economy Pack) + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan A 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan B 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan C 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan D 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Certificate of Incorporation (CI) Application
Business Registration (BR) Application
Articles of Association x 5
Pre-inked circular chop
Company's Director(s), Secretary, Share-holder(s) and address declaration
Necessary documents for bank account setup
Address rental
By using BBC Kwun Tong Branch's address as your registration address
Unlimited mails and parcels handling
Phone Secretary Service
Dedicated phone number
Phone Secretary answers phone calls on behalf of your company
Phone/Email notification of received call(s)
Phone Secretary answers and redirects phone call(s)
e-Company-Directory Service
Display your company name on your registered address as required by the regulations
Our Brilliant Business Centre (BBC) Kwun Tong branch is located in Legend Tower at Sheng Yip Street, which is at the core of the Kowloon-East main commercial area. The Legend Tower is one of the most premium commercial buildings in Kwun Tong, it takes only 3-minute-walk from the Kwun Tong MTR station.
Brilliant Business Centre (BBC)’s San Po Kong branch is located in Maxgrand Plaza – the only Grade-A office building in the area. Maxgrand Plaza is situated at the junction of Tai Yau Street and Ng Fong Street in San Po Kong, surrounded by industrial buildings. It is also adjacent to the popular shopping mall "Mikki" and the main shopping centres "San Po Kong Plaza" and "Yue Xiu Plaza".
It is well served by countless transport links: just 3 minutes' walk from Diamond Hill MTR Station, 10 minutes' walk from Kai Tak Station, buses, minibuses and Maxgrand Plaza's car park. BBC’s San Po Kong branch is definitely your best choice for business!
Transports and Map
Transports and Map
Maxgrand Plaza, 3 Tai Yau Stree, San Po Kong, Kowloon, Hong Kong.
Hong Kong Limited Company (Economy Pack) + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan A 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan B 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan C 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Hong Kong Limited Company (Economy Pack) + Virtual Office Service Plan D 1 Yr + Express
Service Included
Company name search
Company name search
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Limited to company name search at Company Registry only. Name search does NOT include searching for Licsence application, trademark, nor domain name, etc.
Certificate of Incorporation (CI) Application
Business Registration (BR) Application
Articles of Association x 5
Pre-inked circular chop
Company's Director(s), Secretary, Share-holder(s) and address declaration
Necessary documents for bank account setup
Address rental
By using BBC Kwai Fong Branch's address as your registration address
Unlimited mails and parcels handling
Phone Secretary Service
Dedicated phone number
Phone Secretary answers phone calls on behalf of your company
Phone/Email notification of received call(s)
Phone Secretary answers and redirects phone call(s)
e-Company-Directory Service
Display your company name on your registered address as required by the regulations
Brilliant Business Center (BBC)’s Kwai Fong branch is located at Metroplaza Tower 2, a supreme location with a huge shopping mall and two office buildings housing many international brands, banks and restaurants which makes it a perfect place for living, work and business!
In the vicinity of the public transport interchange, the MTR (Exit E), mini bus stops, bus stops, taxi stand, cross-border coach stops are just within steps. Car park is also available at the shopping mall and office buildings.
Kwai Fong is at the center of the transportation network and is only 30 minutes to the airport on car or by airport express (via Tsing Yi).
Select the service plan of your choice and submit electronic application on bbc ‧ me / download and submit the completed application form by email or mail / make an appointment and apply at a BBC branch
5–10 minutes
Company Name Search
BBC will conduct name search for you to make sure your preferred company name is available and give recommendations if there are areas you need to pay
5–10 minutes
Documents signing
Upon receipt of payment, BBC will email you your application details for confirmation. Once this is done, we will proceed to submit the application to Business Registry.
20 minutes
Business Registration Certificate
Express company incorporation service subscriber can receive the Certificate of Incorporation (CI) and Business Registration Certificate (BR) in as fast as 3 hours. Regular service takes an average of 6 working days.
within 3 hours
The Limited Company Package / The Green Box
After the CI & BR are granted by the Business Registry, BBC will order your Company Stamp and prepare your Article of Association, or prepare the traditional Green Box, if preferred.
1–3 working day
Company Incorporated
Upon completion of the application process, you can collect the full set company documents from our office. Delivery option also available on freight collect basis.
Close
Work Flow
Application submission
Select the service plan of your choice and submit electronic application on bbc ‧ me / download and submit the completed application form by email or mail / make an appointment and apply at a BBC branch
5–10 minutes
Company Name Search
BBC will conduct name search for you to make sure your preferred company name is available and give recommendations if there are areas you need to pay
5–10 minutes
Documents signing
Upon receipt of payment, BBC will email you your application details for confirmation. Once this is done, we will proceed to submit the application to Business Registry.
20 minutes
Business Registration Certificate
Express company incorporation service subscriber can receive the Certificate of Incorporation (CI) and Business Registration Certificate (BR) in as fast as 3 hours. Regular service takes an average of 6 working days.
within 3 hours
The Limited Company Package / The Green Box
After the CI & BR are granted by the Business Registry, BBC will order your Company Stamp and prepare your Article of Association, or prepare the traditional Green Box, if preferred.
1–3 working day
Company Incorporated
Upon completion of the application process, you can collect the full set company documents from our office. Delivery option also available on freight collect basis.
Includes: Articles of Association x 10, Statutory book x 1, Share certificates book x 1, Pre-inked circular chop, Cheque Chop, Common Seal, Necessary documents for bank account setup and a Green Box
HKD$400
Enjoy an ease of mind, comply with all legal requirements
BBC's virtual office plans cover services on meeting statutory compliance including but not limited to updating and maintaining significant controllers' registers, display of company name on your registered address and filing of annual return to give you more time to focus on your business growth.
Company Secretary
HKD$800 up/Year
e-Company Directory
As low as HKD$16/Month
Detail
Prepare the Significant Controllers Register.
HKD$300
Prepare the Registers of Members, Directors & Company Secretary
HKD$400
About the Significant Controllers Register ("SCR")
The Companies Ordinance (Cap.622) ("CO") has been amended to require a company incorporated in Hong Kong to identify persons who have significant control over the company ("significant controllers") and to maintain a significant controllers register ("SCR") to be accessible by law enforcement officers upon demand. The "Significant Controllers Register" should maintain the most updated information of the company’s #significant controllers and it’s *designated representative. Failure to comply with the above obligations is a criminal offence.
Start operating your business in China within the shortest possible time!
BBC understands how time consuming and complicated it can be to set up a company in China before it can be fully operative. Our readymade HK + China companies with established bank accounts provides the perfect solution! Only takes simple procedures to grab the attractive business opportunities the China market has to offer.
Exempt from local taxes Ease of operation and exempt from foreign exchange control
The British Virgin Islands (BVI) is one of the most popular places for offshore company registration for individuals and international businesses. Reasons include tax exemption for international business, minimum foreign exchange control and information required by local government.
1. What are the minimum requirements for setting up a private Limited Company in Hong Kong?
Aged 18 years or above;
Hold a valid Hong Kong identity card or passport from any country;
Possess an address in Hong Kong as the company's registered address;
Issue a minimum of one share;
Have at least one director and one shareholder;
Appoint a company secretary;
* Apply for BBC's Virtual Office to get a registered address
* Apply for BBC's Company Secretary Service and appoint BBC for the role
2. Can non-Hong Kong residents set up a company in Hong Kong and become shareholders and / or directors?
Yes, residents / citizens of any nationality can incorporate a company in Hong Kong, and become shareholders and / or directors.
However, according to the laws of Hong Kong, if all shareholders and directors of the company are non-Hong Kong citizens, the company must appoint a company secretary who is either a natural person citizen residing in Hong Kong or a body corporate registered in Hong Kong.
3. Does the company secretary have to be a shareholder?
No. The company secretary can be someone who has no direct relation to the equity shares. The company secretary is free to resign from the position anytime.
4. What is Reserve Director and do I need one?
Reserve Director is only suitable for Sole Directorship. If a private company has only one member and that member is the sole director of the company, the company may nominate a person (other than a body corporate) who has attained the age of 18 years as a Reserve Director to act in the place of the sole director in the event of the sole director’s death.
5. Is it necessary to have a company secretary to set up a company? What is the required of qualification?
According to the legislation in Hong Kong, limited
company shall appoint a Company Secretary, their function includes arranging
meetings, taking minutes of meetings, preparing the documents and ensure that
the company in comply with Companies Ordinances.
6. Can you serve as a director, shareholder and company secretary for the same company at the same time?
NO if you are the sole director. Section 475(2) of the Companies Ordinance (Cap. 622) expressly prohibits the sole director from acting as the company secretary. Besides, section 475(3) of the Companies Ordinance (Cap. 622) provides that no private company having only one director may have a body corporate as its company secretary if the sole director of that body corporate is also the sole director of the private company. YES if your company has more than one director and shareholder and provided that at least one of the directors are residing in Hong Kong.
7. How do I know if my company has been officially registered in Hong Kong?
You can check in person at the Companies Registry at 14/F, Queensway Government Offices, Admiralty. Alternatively, you can also check the company status online at the Companies Registry’s website http://icris.cr.gov.hk/.
8. How long does it take to register a private Limited Company in Hong Kong?
Time required to get your Hong Kong Limited Company at BBC:
Express Service: Within 3 hours in a business day. No extra fee required.
Regular service: 7 working days from the date we received the signed service agreement and all the required statutory documents from the shareholders and directors. Applicable when the applicant does not qualify for express service.
9. What is the difference between directors and shareholders?
Shareholders are the company's investor. Directors are appointed by shareholders to take charge of daily operations and making decisions of the company. A director can be the shareholder of a company at the same time.
10. Do you have to have both Chinese and English company name when incorporating a Limited Company in Hong Kong?
You are free to choose to have your company registered with an English name or a Chinese name alone or both. However, the lack of an English company name may affect bank account opening in the future.
11. What is the procedure for changing the company name in the future?
Summit a Form NNC2 "Notice of Change of Company Name" together with the required fees to the Companies Registry.
The procedure is going to take about 7 working days. The effective date of the new company name would be the date official document on name change is issued.
12. Can I use public or government subsidized housing (housing under HOS) or a PO Box as my company’s registered address?
According to the regulations of Companies Registry, public or government subsidized housing and housing under HOS cannot be used as registered address for company incorporation. PO boxes are also not acceptable registered address for companies. Therefore, applicants should provide a private property address or commercial building address. If you do not have an address to register, you can use BBC’s Virtual Office Service.
13. Benefits of registering a Limited Company in Hong Kong
Improve corporate visibility and international status;
Can conduct business and operations in Hong Kong and any country;
Flexible fund transfer without foreign exchange control;
Open foreign currency accounts in major banks around the world.
Enjoy a favourable profit tax rate
14. Will the personal information of a limited company’s director be kept confidential?
No. Some personal particulars including name, address and identity card / passport numbers (in case of a non-HK citizen) of all directors and shareholders of a limited company are accessible on the Companies Registry’s website at a checking fee.
15. What is the difference and relationship between registered capital and issued shares?
It is required by the law that a company needs to register the Registered capital with the government. The issue of shares cannot be issued prior to registering the Registered capital, and the amount of issued shares cannot exceed the Registered capital. Shareholders are required to pay the issued shares in proportion to their share of the shares, but not the Registered capital. Any debt liability of a company is also calculated by shares of the shares.
16. What is equity? Does an equity need to be deposited in Company Registry or a bank?
Capital of a share is the same as a Registered capital, which can be customized. If $1 is equal to 1 share, and at least 1 share needs to be purchased, and a customer will usually opt for 10,000 shares; and all shares need to be fully allocated to shareholders;
If you need to deal with mainland buyers, it is recommended to increase the share capital, that will usually enhance the confidence of buyers;
Shareholders do not need to withdraw the $10,000 or bank in that in a bank. However, if possessed shares are not adequate to compensate a debt, the debt will be deducted according to the proportion of shares possessed and the Registered capital;
An applicant should assess his/her ability to clear possible debts in the determination of a fund to be built up and the maximum amount of shares to be sold.
17. What is a Green Box and is it a MUST for every company to have it?
The Green Box set is a collective term to refer to the documents for the incorporation of a limited company in Hong Kong and company stamps for daily use. It is a tradition in Hong Kong to have all these documents and items kept in a green colour box and it would be given to the owner of the company after incorporation is officially done.
Please note: Some Purchase Contracts require the use of signature chop and/or steel seals, please choose according to your needs.
18. What are inside the Green Box and what are the use of them?
Round stamp: use daily, e.g. signing a parcel
Rectangular signature stamp: usually use on company cheques, and for the company’s authorized person to sign documents on behalf of the company
Company Seal: Seldom used. It is used mainly on legal documents, and for sale and purchase contracts;
Articles of Association: It is required by law that every company have its own company charter;
Stock Book: Mainly for recording shares and future allotment of new shares. Any transfer of shares must be filed with the Inland Revenue Department;
Statutory register: It is required by law that every company keep record of a register of changes and personal particulars of directors, shareholders, secretaries, minutes of board meetings, minutes of shareholders' meetings and statutory documents.
19. What other filings are needed for statutory compliance after the successful registration of a limited company in Hong Kong?
Every limited company registered in Hong Kong is required to report to the Companies Registry and the Inland Revenue Department every year, on the following matters:
Filing of annual return to the Companies Registry within 42 days of the company registration day, together with the $105 submission fee;
Renew the business registration certificate
every year, together with associated renewal cost;
Filing of the Profits Tax Return (the first year's tax return will be issued 18 months after the establishment of the company);
Filing of the employer's Return of Remuneration & Pension.
20. What is the annual government fees I have to pay for operating a limited company in Hong Kong?
Company registration fee: HKD$1,720;
Business registration fee: HKD$2,150 (varies every
year, depending on the government policy);
Submitting fee for the annual return (HKD$105);
Taxation filing / Audit fees: every operating company needs to submit an audit report to the government. This cost will vary depending on the company’s turnover and transaction amount over the period, and this would be done by a chartered accountant. The cost can vary from a few thousand dollars to tens of thousands of dollars for a private limited company.
21. Can an unlimited company be changed to a limited company?
No. A Limited Company is a Legal Entity, while an Unlimited Company is NOT. Hence, they are not convertible.
22. Do you need to come to the BBC brunch to set up a company in person?
HK$2,150
In the "2023/24 Budget" issued by the Financial Secretary on 22 February 2023, there is no announcement of the waiver of the Business Registration (BR) fee.
Thus, starting 1st April, 2023, the annual fee for the business registration (BR) has been restored to HK$2,150. And the fee is applicable to all companies until 31 March 2024.
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