Certainly. It is possible to increase the share money by alloting new shares to existing or new associates. You can also transfer the shares to another social gathering any time following the company is registered.
A non-public Restricted Company might have any amount of directors, but you will need to appoint at least 1 if you arrange a company. There are a few principles about who can be a director in Hong Kong firms:
Share capital is the worth of equity your enterprise has issued in shares. There's no minimum share cash necessity for Private Minimal Firms, but you will want a minimum of one share issued to at least a single shareholder. Shares don’t have to be issued in Hong Kong bucks so long as They are really in A different important forex.
Elements just like the complexity of the company framework, certain business functions, and any added licensing or regulatory needs can also impression the overall timeline. Though the overall estimate is roughly a person week, consulting with professionals or suitable authorities is recommended to secure a a lot more correct estimation according to your unique situation.
Registered handle — this needs to be a Actual physical location in Hong Kong and doesn’t necessarily should be where by your working day-to-working day small business is performed. It could even be your household deal with, but bear in mind this information will be publicly available.
On submission of the application to the businesses Registry, you will have to remit the relevant govt payment.
For those who have any even further questions about company registration or incorporation in Hong Kong, be sure to fill out the shape beneath. We have now a 12 hours swift reaction coverage and will get back again to you personally immediately.
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To phone a basic meeting, Providers in Hong Kong demands to observe some basic regulations as per section 571 of Corporations Ordinance. A basic meeting, besides an adjourned Assembly, must be identified as by recognize of a minimum of fourteen days. Whether it is in the case of the AGM, the discover have to be of a minimum of 21 times.
The timeframe for setting up a company in Hong Kong normally normally takes all-around one week when all the required preparations are in position. Having said that, it is vital to notice which the period may vary according to specific variables, specially for those who utilize overseas. In such instances, further time could be essential to accommodate the logistics associated with the application method, including document submission and verification across different jurisdictions.
The government has introduced a licensing system (TCSP: Belief or Company Company Service provider) to watch the functionality of support companies. Each company shall verify whether or not the assistance company can be a licensed agency prior to engagement. Title of Licensee are available at
Least of one director who could be a nearby or non-resident. A director should be above eighteen yrs of age.
Choosing a company name is a essential action. The regional authorities in Hong Kong will use this official identify to establish your entity. Picking out an unregistrable company title can lead to the rejection of your application, requiring you to get started on visit the applying system all yet again.
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