Importance of Incorporation of the Companies in Hong Kong

Incorporating a holding company in Hong Kong for companies who want a presence in Asia with access to large markets and business advantages such as low taxation, a holding company in Hong Kong is among the best options.

There are various mediating companies which provide a nominee secretary for Hong Kong company incorporation purposes and we don’t have to worry that they will have any control over our newly formed enterprise as they will be a secretary in name only and won’t have any direct dealing in our operations.

As options for clients besides registering their own holding company in Hong Kong is to purchase a shelf company and we can assist with this the advantage is that the process is quicker than registering a new business entity.

How even if clients wish to set up their own holding company in Hong Kong, they will, first of all, carry out a detailed search with the companies registry in Hong Kong to ensure that the proposed company name is acceptable and not already in use. From there they will prepare all the necessary documentation which will require the client's signature before proceeding with incorporation.

Easy Procedures for Company Formation in Hong Kong

The principal corporate legislation is the Companies Ordinance. The sort of companies that are used for international investment or trade is “Private limited company”.  A Hong Kong company have all the powers same as natural persons. The official language in Hong Kong is English or Chinese. 

 There are two types of companies which foreign investors start in Hong Kong which includes:-

1)      New company in Hong Kong

2)      Already foreign existing company in Hong Kong or Shelf Company

You can hire an agency for Hong Kong company incorporation; they are providing high-quality services to the foreign business investors and make their entire process easier and reliable at a good cost. For this process, you did not need to go anywhere; you just have a laptop and internet facility with you. Just visit consulting firm’s website and fill the online application form and after that professional persons will shortly reach you to guide next steps.

Hong Kong Company Incorporation Procedures:-

1)      Choose the type of company which you are going to start in Hong Kong. You can choose either a new company or existing company according to your business plans & objectives. Agency will help you to choose the best options.

2)      After choosing the type of company, you have to choose the company name which is unique and related to your company services. The company name must be in English or Chinese and both English or Chinese.  Agency will provide you the best company name list which is related to your services then you have to choose the best among all options.

3)      Then you have to submit the required documents for Hong Kong company incorporation which is Memorandum of Association (MOA), Article of Association (AOA), and Declaration of Compliance.

4)      After submitting the documents, the agency will give you some documents which you need to sign and send back to them through emails.

5)      Within 10-14 days, you will receive a Certificate of incorporation.