Primasia is a Hong Kong based company incorporations services provider, which has been supporting our local clients and overseas clients from across the world since 1987. With over three decades’ worth of experience and knowledge of our field, we have been able to successfully incorporate for our clients in top business locations across Asia.
Hong Kong is the crowned Asia’s premier is the Financial technological hub of East Asia. In Hong Kong, there many advantages and benefits for its consistent success over many years as an international business city. For example, Hong Kong offers a very business-orientated environment for both employment opportunities and investment opportunities. From the hiring, recruitment, and relocation of local and overseas staff; It is because of this employer-friendly legislation and common law system that Hong Kong has developed a wide extensive multi-national community offering a pool of multilingual skilled labour with different views, perspectives, philosophies, and opinions on work ethic. Another result of this employer friendly legislation and management is any disputes in labour and management involving key individuals are extremely rare and business-related strikes are virtually unknown in Hong Kong. Lastly Hong Kong’s low tax rates are a significant incentive for both companies and individuals to relocate to Hong Kong with the city having a open-door policy making work visas for employees and investment visas for entrepreneurs easier to get than most other jurisdictions in East Asia.
Because of these advantages, whether it is a completely new entity in Hong Kong or a Hong Kong subsidiary. Setting up a company in Hong Kong is a fast, straightforward, and entirely inexpensive process to complete. In under a week, you can from start to finish you can get your company fully running in incorporated here in Hong Kong. Below are the basic steps to setting up a business in Hong Kong:
Selecting the Type of Business.
In Hong Kong, the most common used structure is a private company limited by shares. This would be a separate legal entity from its foreign parent company if it the individual its creating this company in Hong Kong. This means the liabilities of the subsidiary company do not extend to the original parent company. Another common type of business found in Hong Kong is the Representative Office. A representative office has no legal status and cannot conduct any profit generating business activities. This type of company is used to explore the Hong Kong market before making any larger investments in the area only functioning as promotional and liaison work.
Minimum Requirement for Company Registry
To Set up a Company in Hong Kong, you will need the following people in your company:
- Individual Director (1)
- Shareholder (either individual or corporate) (1)
- Company Secretary (1)
- All Hong Kong Companies must appoint a Company Secretary based in HK
- They are responsible for annual maintenance of the company and to ensure the company is compliant with the regulations
- Registered Office Address (1 address)
- Designated Representative (1)
Company Incorporation and Business Timeline
Once you have all of the above confirmed, The certificate of Incorporation of your company will be ready for your company in 3 – 5 working days after your company completes a submission to the Hong Kong Companies Registry (CR). Your company must also submit company statutory documents and other supporting documents such as a business plan and proofs.
How Primasia Can Help You
With our expert assistance, Primasia make this process of establishing a company in Hong Kong an easy one. As leading professional providers of corporate services to companies in multiple offshore jurisdictions such as Seychelles, Samoa, Cayman Islands and the British Islands and other mainstream places such as China and Singapore. We are well known for our high quality and experienced staff, offering tailor made corporate solution to match your company’s needs and for the handling and organizing of all the confusing tax and establishment paper, work visas etc. so you may focus on your passion which is the core of your business.
Below is our comprehensive Hong Kong company incorporation solution including:
- Assistance with Bank Account Opening
- HK Limited Company Formation
- Provision of Company Secretary
- Provision of Virtual CFO
- Provision of Registered Office Address
- Preparation of Significant Controllers Register
- Provision of Designated Representative
Are you looking for some assistance in company incorporation? You can trust that here at Primasia we always treat our clients and partners with fairness, honestly and respect. If you are interested in pursing this further, come talk to us about the incorporation requirements of Hong Kong, China and Singapore and we will more then happy to assist you through each of the local jurisdictions processes. Every country in East Asia has their own specific set of provisions, which is one of the reasons professional assistance is essential for your smooth transition. For more information, please click here to visit our Primasia Corporate Services website and learn more about company registration services and corporate services in Asia, as well as our wide range of services we offer as a company.
Primasia Corporate Services is a Hong Kong based corporate services provider that has been supporting its clients in Asia for over three decades. Among several of our services, Primasia Hong Kong (Primasia) offers our clients Online Accounting services, China Company Incorporation services, Virtual CFO services, MPF Filing services, Profit tax filing services, Employment return filing services, Wholly Foreign Owned Enterprise (WFOE) incorporation and registration services etc. One of our services which we are proud to be offering our clientele is our investment visa and working visa Hong Kong services.
Connect with Primasia Corporate Services Limited
Hong Kong Headquarters: Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wan Chai, Hong Kong