Some of
the companies operating by private or some are the public limited company. Your
company name can be English, Chinese and the combination of English &
Chinese. But the name must be unique that no another company have. As Hong Kong is new for foreigner and they do
not know the procedure of company formation in Hong Kong. So, you must hire the
agency in Hong Kong who provide the best services and make your procedure as
simple as it. And if you don’t want to travel Hong Kong so just file the
application online.
There
is two type of company in Hong Kong which you can set up here:
Private
Company (Limited by Share)
Public
Company (Limited by Share)
The main
difference between both the public and the private company is as follow:-
§ A minimum number of member is required
in public company is seven whereas in private company is two member.
§ There is no limit on a maximum number
of the member whereas there are not more than 50 members in private company.
§ The private company is required to end
with the word private limited where the public company needs to end with the
word “limited”.
After
getting the name of the company you have to go ahead the next procedure which
name is suitable to your company. Company name should be related according to
services you offer. After that, you have submitted your company name to the
agency then they will confirm its availability and prepare all the related
documents for further process. Documents are Article of Association (AOA) and
Memorandum of Association (MOA). After that, you have to appoint one Director
and one shareholder and one Company Secretary, where director and shareholder
act as same and director and shareholder can be of any nationality. You must
hire a resident company Secretary and it cannot be the same as director and
shareholder.
When
you have all members of Company which are required to form a business then the
next step is to submit the documents of director and shareholder which include
copies of passport and address proof. Address proof can be electricity bill,
rent bill, etc. after that agency will contact you for the further process
which fills the application for registration of certificate and sign it and
send back to them by e-mail.
When
you receive the company incorporation certificate then file the further
documents which are required for Private and public company registration online in Hong Kong.
1. Memorandum of Association (MOA) and Article of
Association (AOA)
2. Statutory declaration
3. Authorized and issued share capital
Finally,
the company incorporated to the Inland Revenue for a Business Registration
Certificate and after that, it will take 10 days’ times to incorporate the
company in Hong Kong. We at Stephen M.S. Lai & Co CPA Limited offer the
company incorporation or registration in Hong Kong. We provide both Private and public company registry of Hong
Kong.
