Table of Contents
- 1 How do I start an LLC in Hong Kong?
- 2 Does Hong Kong have Llc?
- 3 Can foreigners open a company in Hong Kong?
- 4 How do I set up a sole proprietorship in Hong Kong?
- 5 How do I register a company in Hong Kong?
- 6 How to set up a limited liability company in Hong Kong?
- 7 How long does it take to set up a company in Hong Kong?
- 8 How much does it cost to incorporate a company in Hong Kong?
How do I start an LLC in Hong Kong?
Below are some steps to take in order to establish a new company in Hong Kong.
- Determine your company name.
- Choose a legal structure for your business.
- Register your company.
- Incorporate your business entity.
- Open a company account.
- Get permits and licenses.
- Hong Kong tax.
- Pensions and insurance requirements.
Does Hong Kong have Llc?
The private limited liability company in Hong Kong is a type of company that has legal capacity and offers the protection of the personal assets belonging to the founders. Investors who set up a private limited liability company in Hong Kong (LLC) in 2021 typically run small and medium-sized businesses.
How much does it cost to set up a limited company in Hong Kong?
Fees
| Different Hong Kong entity types | Registration cost | Annual maintenance fees |
|---|---|---|
| Holding company LLC | US$8,655 | US$5,000 |
| PLC company | US$8,600 | US$4,900 |
| LLC with employment visa | US$15,205 | US$5,000 |
| Hong Kong company with China corporate bank account | US$11,655 | US$5,000 |
Can foreigners open a company in Hong Kong?
In fact, you don’t even need to enter Hong Kong at all to open a business as a foreigner. If you wish to set up a sole proprietorship or a partnership, you must either be a Hong Kong resident or have an applicable work visa. You can read more about getting a Hong Kong work visa here.
How do I set up a sole proprietorship in Hong Kong?
The only requirement for Hong Kong sole proprietorships is to register their business with the Inland Revenue Department’s Business Registration Office and obtain a Business Registration Certificate. Business Registration must be done within one month from the date of commencement of business.
What is an Ltd in Hong Kong?
Definition of Hong Kong Company. A Private Company Limited By Shares incorporated in Hong Kong, commonly known as a Hong Kong private limited company, Hong Kong limited company (Ltd.) and Hong Kong company, is always praised as the best best vehicle for doing business in Hong Kong.
How do I register a company in Hong Kong?
Incorporation of a local limited company in Hong Kong
- Step 1 – Choose the type and name of company. Choose the type of company that best suits your company’s purposes:
- Step 2 – Deliver application.
- Step 3 – Collect Certificates.
- Step 4 – Obtain other permits or licences.
How to set up a limited liability company in Hong Kong?
To setup a Hong Kong limited liability company, normally the following documents will be required: A copy of the Articles of Association for the company. A standard document is normally provided by the professional services firm who is assisting with incorporation of the company.
How to register a company in Hong Kong?
Register your Company in Hong Kong in 1-2 days. * Client confidentiality protection via secured systems. Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence. A dedicated manager is available throughout the year to administer your company.
How long does it take to set up a company in Hong Kong?
That’s all! The whole process to register the company should take around five business days. Assuming that you decide to hire a licensed agency and that you need a company secretary and an office address, during the first year you’ll need to pay for: The incorporation documents and company kit (seal, stamp and so on): about 2,070 HKD.
How much does it cost to incorporate a company in Hong Kong?
The incorporation documents and company kit (seal, stamp and so on): about 2,070 HKD. Company registration (government fee): 1,730 HKD. The Business Registration Certificate (government fee): 250 HKD. Provision for the company secretary: 3,500 HKD. Provision for the registered office address: 2,000 HKD.