Company Formation in Hong Kong
Company formation in Hong Kong is a strategic decision for the success of your future business.
- Ease of doing business
- Strategically located
- Free economy and free market
- Clean governance
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Blockchain enthusiast and expert on cryptocurrency and FinTech related laws.
Packages to form a company in Hong Kong
Choose a package that you would like to receive more information on
Consulting team dedicated into advising the best suitable jurisdiction for your project.
+44 20 4577 0974
Blockchain enthusiast and expert on cryptocurrency and FinTech related laws.
+44 20 4577 0974
Request information on company formation in Hong Kong: cost, process and requirements.
-
Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Local personnel
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
Turnkey company formation, Everything you need to get off the ground. Start now!
-
Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Local personnel
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
Full turnkey company formation and support in all necessary aspects. Customized pricing!
-
Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Local personnel
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
They made it work with LegalBison
Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
We are happy to cooperate with LegalBison for more than 2 years and during this time they definitely secured a reputation of very professional and reliable partner. Great knowledge, competence and good attitude. Keep up the good work!
The team of LegalBison was very helpful and fast in supporting my company’s structural set up. They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!
Very proactive, responsive, and able to provide solutions and advice. The firm is familiar with the new industry of blockchain and cryptocurrency
Incorporation Assistance in Hong Kong - Free Consultation
Getting started with company registration in Hong Kong
Find out all the necessary information about Hong Kong company formation. Discover why Hong Kong is a popular jurisdiction and how it can help your business develop rapidly and succeed. For any additional information, book a consultation with our expert lawyers.
- Duration
- Timeline
- Remote incorporation
- Required Information
- VAT
- Documents
How long does it take to form a company in Hong Kong?
It would not be fair to set your expectations high and assume that the incorporation can be finished within a day. In some jurisdictions, it is extraordinarily fast (for example, in Estonia), in others, slower. It all boils down to one thing: 'When are the necessary (basic) documents ready?' The process is counted from the moment we have all the needed documents. Please get in touch with our consultants to understand what documents you need to kick-start the process.
- 3-5 days for remote registration, including name search, if all required documents are made available;
- Shelf company/ies immediately available for use in place;
- Note: Opening of a corporate bank account (online) may be included in the package, in which case an additional 2-3 days is allotted for processing.
What are the milestones in the process of registering a company in Hong Kong?
The process of company formation Hong Kong with LegalBison is very simple. The two main steps are as follows:
- Initial consultation and agreement;
- Payment of the full company registration invoice.
Good news for everyone wishing to kick-start their business in Hong Kong: the local government has reduced the fee for e-incorporation by 10%.
The process of remote incorporation of a company in Hong Kong
Remote incorporation is possible in Hong Kong, but due to the technicality and intricacy of the process, it is prudent to get the services of a consultant or service provider to save you time and from the hassle. If you opt for this, you will then be required to execute a Power of Attorney, or a better option for Hong Kong is an Enduring Power of Attorney.
The same may be drafted by us to comply with the Hong Kong rules on format and will be sent to you for signature, and shall have to be legalized or apostilled. Afterward, it will be registered with the Hong Kong High Court, and we will take everything from there.
You must appoint your designated representative, who must be a Hong Kong resident, to maintain and update your Significant Controllers Register.
Necessary information before starting the company registration process in Hong Kong
The main pieces of information you need to gather before submitting an application include:
- 3 options for your desired name for the company and a company contact email address;
- Names, addresses, and emails of all shareholders and board members;
- Short description of your company’s activity.
Hong Kong company without a VAT number
- VAT is limited in Hong Kong;
- Not required for company registration, nor can a company get one thereafter;
- VAT number nor the Business Registration Number (BRN) is required to be reflected in invoices;
- The latter will then serve as the Tax Identification Number of the business.
Hong Kong company with a VAT number
- Not applicable for this jurisdiction.
Documents required to form a company in Hong Kong
- Passport copies (scans) of all shareholders, board members, and a beneficiary owner, if applicable;
- A Power of Attorney (POA) from (all) partners/shareholders is needed (in case of a remote company registration);
- Certified company documents (in case at least one of the shareholders is going to be a foreign company).
Alternatives to company formation in Hong Kong
Our team has curated the following jurisdictions as being worthy alternatives to a company registered in Hong Kong.
Company Formation in British Virgin Islands
from 1.320 €-
Top offshore jurisdiction
-
Tax-free, no reporting
-
High secrecy
Company Formation in Cayman Islands
from 2.915 €-
Complete tax exemption
-
Top for investing
Company Formation in Costa Rica
from 2.350 €-
Tax-free
-
Discretion of board members
-
Not listed as a tax haven!
Company Formation in Labuan
from 2.500 €-
Very low taxation
-
Quick and easy to set-up
-
Considered as a Malaysian company
Company Formation in Singapore
from 750 €-
Top economy
-
Low taxes
-
Business friendly
Things to know before registering your company in Hong Kong
Taxation of Hong Kong companies
Hong Kong has a two-tiered tax model for corporate income:
- 8.25% on the first HKD 2 million;
- 16.5% on the remainder.
In the cases where two-tiered rates do not apply, the profit tax is capped at 16.5%.
- Hong Kong’s only tax profits are the ones sourced within Hong Kong;
- No taxes are levied on sales of goods and services and on capital gains.
Double Tax Treaties in Hong Kong
Primarily to avoid double taxation and fiscal evasion, Hong Kong has concluded Double Taxation Agreements or tax treaties with over 40 jurisdictions so far, namely: Austria, Belarus, Belgium, Brunei, Cambodia, Canada, Czech, Estonia, Finland, France, Georgia, Guernsey, Hungary, India, Indonesia, Ireland, Italy, Japan, Jersey, korea, Kuwait, Latvia, Liechtenstein, Luxembourg, Macao SAR, Mainland China, Malaysia, Malta, Mexico, Netherlands, New Zealand, Pakistan, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, South Africa, Spain, Switzerland, Thailand, United Arab Emirates, United Kingdon, and Vietnam.
Audit and accounting obligations of a company registered in Hong Kong
- Whether there was business activity or not, every company registered in Hong Kong, unless expressly exempt, must file with the Inland Revenue Department (IRD) their annual audited accounts and annual tax return;
- It is required that the auditor must be a member of the Hong Kong Society of Accountants and must hold a practicing certificate;
- Regardless of the place of operations, a business license is an additional requirement if the business you seek to conduct is an insurance agency or a financial service provider;
- If you are based in Hong Kong and/or your company will operate dealing with recruitment and employment, travel and event-related activities, restaurant, retail, and education, you will need to seek an additional license.
Local requirements for registering a company in Hong Kong
There is no residency requirement for you to become a director, but a Hong Kong office address is needed.
Being local in the country, LegalBison offers help with finding an office address and registering the company. Contact us right now for a free consultation and start building your business.
- Taxes in Hong Kong
- Double Tax Treaties in 2025
- Accounting and audit requirements
- Residency requirements for company holders
Taxation of Hong Kong companies
Hong Kong has a two-tiered tax model for corporate income:
- 8.25% on the first HKD 2 million;
- 16.5% on the remainder.
In the cases where two-tiered rates do not apply, the profit tax is capped at 16.5%.
- Hong Kong’s only tax profits are the ones sourced within Hong Kong;
- No taxes are levied on sales of goods and services and on capital gains.
Double Tax Treaties in Hong Kong
Primarily to avoid double taxation and fiscal evasion, Hong Kong has concluded Double Taxation Agreements or tax treaties with over 40 jurisdictions so far, namely: Austria, Belarus, Belgium, Brunei, Cambodia, Canada, Czech, Estonia, Finland, France, Georgia, Guernsey, Hungary, India, Indonesia, Ireland, Italy, Japan, Jersey, korea, Kuwait, Latvia, Liechtenstein, Luxembourg, Macao SAR, Mainland China, Malaysia, Malta, Mexico, Netherlands, New Zealand, Pakistan, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, South Africa, Spain, Switzerland, Thailand, United Arab Emirates, United Kingdon, and Vietnam.
Audit and accounting obligations of a company registered in Hong Kong
- Whether there was business activity or not, every company registered in Hong Kong, unless expressly exempt, must file with the Inland Revenue Department (IRD) their annual audited accounts and annual tax return;
- It is required that the auditor must be a member of the Hong Kong Society of Accountants and must hold a practicing certificate;
- Regardless of the place of operations, a business license is an additional requirement if the business you seek to conduct is an insurance agency or a financial service provider;
- If you are based in Hong Kong and/or your company will operate dealing with recruitment and employment, travel and event-related activities, restaurant, retail, and education, you will need to seek an additional license.
Local requirements for registering a company in Hong Kong
There is no residency requirement for you to become a director, but a Hong Kong office address is needed.
Being local in the country, LegalBison offers help with finding an office address and registering the company. Contact us right now for a free consultation and start building your business.
About company registration in Hong Kong
Yes, corporate shareholder/s are allowed in Hong Kong. However, a corporate director may only be allowed if there is at least one director who is a natural person.
Yes, provided that they are not the sole director or shareholder and they are a Hong Kong resident at the same time.
Yes. Under the Cooperation of Economic Partnership Arrangement (CEPA) between Hong Kong and China, concessions to Chinese imports from Hong Kong are allowed, as well as other business preferential access.
Yes. Under the Cooperation of Economic Partnership Arrangement (CEPA) between Hong Kong and China, concessions to Chinese imports from Hong Kong are allowed, as well as other business preferential access.
Contact Us
Request more information about incorporation in Hong Kong now. Our team will get back to you within 24 working hours to provide a free first consultation.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Blockchain enthusiast and expert on cryptocurrency and FinTech related laws.
