Q1: How long does it take to incorporate Hong Kong limited company?
It takes about 8 working days to obtain the Company Name Book, the Certificate of Incorporation (CI) and Business Registration (BR). Choose a Standard Set to get superior green box for the company; after signing the relevant government documents, the accountant may be commissioned to verify them. The Express Set allows for completion in about 1 working day at the soonest.
Q2: What is the “Green Box for the Company”?
The “Green Box for the Company” is the company file. It includes the Company Name Book, the Certificate of Incorporation (CI), Business Registration (BR), the incorporation form, Articles of Association (AA), the corporate seal, the company’s round seal, the company signature seal and etc. It can be used for applying for a bank account, subsidies and others.
Q3: What are the requirements for incorporating a limited company in Hong Kong?
Incorporating a Hong Kong limited Company requires at least one Chinese resident or overseas person holding passport or ID card aged 18 or above acting as shareholder and director. In additional, a Hong Kong address must be provided as a registered address (excluding Postbox) and a Hong Kong resident who usually live in Hong Kong and have a Hong Kong address or professional company must be act as the statutory secretary of the Company. OneStart offers professional services for incorporating Hong Kong limited companies, helping you start a business easily.
Q4: Can the registered office of a local limited company be situated outside Hong Kong?
No. The registered office must be situated in Hong Kong. (Source: http://www.cr.gov.hk/)
Q5: Can Mainland resident incorporate Hong Kong Company? Can a company be established without visiting Hong Kong?
Yes. The Hong Kong Companies Ordinance has no restriction on the nationality of shareholder/director. The accountant may be entrusted for verification and signature in the event of not visiting Hong Kong. However, if there is more than one shareholder/director, his/her signature shall be submitted within 15 days after the establishment of the company (applicable to Express Set only).
Q6: Are there any restrictions applied to the Company’s expansion on other business if the scope of business is specified on the Business Registration Certification?
The scope of business specified in the Business Registration Certification generally indicates the core business of the Company and no restriction applies to the scope of business nor the Company’s expansion on other business.
Q7: Are the obligations incurred by a limited company calculated by shares in registered capital or issued shares?
The obligation is undertake based on the issued shares while no obligation should be undertake based on un-issued shares.
Q8: Can a limited company be incorporated without the word "Limited Company" or "Limited" in its name?
No. A Limited Company incorporated in Hong Kong shall have its name with the words "Limited Company" or "Limited" in order to indicate that shareholders shall bear limited liability for future obligation.
Q9: What are the differences between naming Hong Kong Company and Mainland Company?
Hong Kong Company can be named freely, and on the premise that no exact company name has been registered, some words which are difficult to be registered in Mainland can be registered in Hong Kong. Whatever the amount of the registered capital, companies are permitted by the Hong Kong Government to contain words "International", "Group", "Holdings", "Industrial", "Investment" and etc. in their name. In addition, preferred name of countries or places, such as France, USA, Italy, Japan, Hong Kong and Shanghai, etc., could be added in front of company name. The mainland company shall include the local area/province in the company name; however, if the Hong Kong company name involves sensitive words, such as China and funds, the Companies Registry will conduct further review.
Q10: Can simplified Chinese characters be used in the Chinese name of company?
No. The Chinese name shall be written in traditional Chinese characters.
Q11: Can company name be registered in only Chinese or English?
Q12: Are there any restrictions in naming the company?
Unless submitted application for related license, company names cannot contain the word "Bank" or "Insurance" as well as words which may mislead people to believe it has any relation with the Government.
Q13: Shall company name have to contain words related to the scope of business?
No. The Hong Kong Companies Ordinance does not require that the name of company has to relate to its scope of business. Moreover, the scope of business of Hong Kong Company is not restricted.
Q14: Can incorporated company change its name?
Yes, it can be change by 4 working days after the search.