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Setting up Business in Hong Kong

Photo: Hong Kong

Investors may establish companies limited by shares, companies limited by guarantees and unlimited companies in Hong Kong. The procedures involved are simple. Provided that the documents required are complete, a company can be set up within one hour (via the e-Registry portal) or four working days (submission of documents in hard copy form) at the earliest. For investors who wish to engage the services of professional firms, there are many solicitors, accountancy or secretarial firms in Hong Kong providing such services.

There are various ways for investors from the Chinese mainland to operate a business in Hong Kong. The major types of business entity include sole proprietorship, partnership, joint venture, company and branch.

To set up a company, the applicant should register with the Companies Registry in accordance with the Companies Ordinance. There are many types of companies in Hong Kong, but over 99% of the new businesses opt for private limited companies. In Hong Kong, there are over 500,000 private companies but only less than 2,000 public companies.

 

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