How start your biz in HKG?

How to Start a Company in Hong Kong (Newborn Business Tips)

Starting a company in Hong Kong can be a rewarding experience, but it is important to be well-prepared and to understand the legal and regulatory requirements. Here are the steps involved in starting a company in Hong Kong:

1. Choose a company type:

There are two main types of companies in Hong Kong:

• Limited Company: A limited company is the most common type of company in Hong Kong. The shareholders of a limited company are only liable to the extent of their share capital.
• Unlimited Company: The shareholders of an unlimited company are personally liable for the company's debts.
• 2. Choose a company name:

Your company name must be unique and not misleading or offensive. You can check the availability of a company name through the Companies Registry's website or app.

3. Appoint company directors:

A limited company must have at least one director. Directors can be individuals or legal entities. Directors are responsible for managing the company.

4. Appoint a company secretary:

A limited company must have a company secretary. The company secretary is responsible for handling the day-to-day administrative affairs of the company, such as convening board meetings and preparing company documents.

5. Register the company:

You can register your company online through the Companies Registry's website or in person at the Companies Registry. You will need to submit the following documents:

• Company Registration Form:
• Articles of Association
• Register of Directors
• Company Secretary Appointment Form

6. Apply for a Business Registration Certificate

You will need to apply for a Business Registration Certificate from the Inland Revenue Department in order to operate your business in Hong Kong. The Business Registration Certificate is valid for one year.

7. Open a bank account**

You will need to open a bank account for your company to handle business transactions.

8. Comply with legal and regulatory requirements**

You will need to comply with all applicable laws and regulations, such as tax laws, labor laws, and data protection laws.

• Additional information on starting a company in Hong Kong:

Companies Registry: [https://www.cr.gov.hk/](https://www.cr.gov.hk/)

Inland Revenue Department: [https://www.ird.gov.hk/](https://www.ird.gov.hk/)