Would you like to set up a company in Hong Kong but are not yet sure how to proceed? Before starting the process, several decisions need to be made: the company structure, the activity actually carried out, the documents to prepare, and opening a bank account.
Thorough preparation helps organize the registration more effectively and anticipate the steps that may take more time.
What type of business would you like to set up in Hong Kong?
Private Limited Company
The Private Limited Company is the limited liability company used in Hong Kong. It allows you to have offices, hire staff, and establish business relationships with local customers or suppliers.
When the business generates profits taxable in Hong Kong, local tax rules apply.
Activity conducted outside Hong Kong
Hong Kong taxation is based on a territorial principle. The former term “offshore company” refers here to a Hong Kong company whose activities are carried out outside the territory, not to a distinct legal form.
Tax treatment therefore depends on the reality of the activity and its connection to Hong Kong.
The 4 steps to anticipate
1. Submit and prepare the application file
The project begins with assembling the application file. The planned activity must be specified, and the necessary information gathered to properly prepare the registration.
2. Validate the project and supporting documents
The information is then verified to confirm the selected structure and identify any additional documents that need to be provided for the next steps in the process.
3. Register the company
Once the file is complete, the administrative procedures and registration can be completed. The company's legal documents are provided after its registration.
4. Organize the bank account opening
Opening the bank account should be planned in advance. Depending on the institution chosen, proof of activity and an appointment may be required.
Why seek support?
Personalized advice
Support helps you get answers tailored to your project and clarify the choices to be made before registration.
Paperwork handled
An all-inclusive package can simplify the administrative procedures and reduce the risk of errors when preparing the application.
A different legal framework
Hong Kong regulations differ from the European framework. It is therefore important to ensure that the company’s establishment and operation comply with the applicable rules.
A bank account opening to prepare
Opening a bank account can be one of the most delicate steps. The application and supporting documents should be prepared in advance.
