The more you learn about Hong Kong, the more sensible it may seem to set up your company in this part of Asia. The tax treaties signed between France and Hong Kong are among the factors considered when choosing this location.
But what type of company can you register in Hong Kong? What are its characteristics? And above all, how do you set it up?
Company in Hong Kong: what are the options?
Limited liability company
This is the most common and simplest legal structure to set up. The company is considered separate from its owners, and the liability of its directors is limited to their investment in the business.
Sole proprietorship
Sole proprietorships are primarily intended for self-employed workers. They may also be suitable for very low-risk businesses, but liability is not limited.
The partnership
Two or more individuals can form a partnership if they share a common business objective and agree to share the profits. Partners are responsible for their own actions, as well as those of their other partners.
The characteristics of a Private Limited Company
“Ltd” or “Limited”
This is a Private Limited Company. The company name will therefore be followed by “Ltd” or “Limited”.
Company name and ready-made company
As part of a ready-made company, you can choose a name from a provided list. You can then rename the company for an additional fee.
If you set up your company alone, the chosen name must be available and not already in use by another company.
Up to 50 partners
The number of partners cannot exceed 50 people. For a larger organization, other solutions should be considered.
How to create a limited liability company in Hong Kong?
Setting up a limited liability company can seem complex when you are unfamiliar with the local procedures. Hong Kong is located in Asia, and although English is one of its two official languages, the formalities may require assistance.
Packages can be arranged to support entrepreneurs through the various stages of setting up and managing their company.
The main steps and services
Registration
Company registration with the commercial register.
Opening a bank account
Preparation and support for opening the company’s bank account.
Administrative, tax, and social formalities
Personalized assistance with the company's administrative, tax, and social security formalities.
Company tracking
Follow-up with the company after its creation to ensure the continuity of the necessary procedures.