The Companies Ordinance, Chapter 32 of the Laws of Hong Kong governs the incorporation of a limited company in Hong Kong or registration of an oversea company, which establishes a place of business in Hong Kong. To start business in Hong Kong, there are several steps you need to pay attention to:
Business Registration
All businesses in Hong Kong must obtain a Business Registration
Certificate from the Inland Revenue Department (IRD) within one month of the commencement of the business. The certificate must be renewed annually.
Choose an appropriate business vehicle and fill in specific forms required by the IRD:
Specific forms | Business Vehicle |
Form 1(a) | a sole proprietorship business |
Form 1(c) | a partnership business |
Form 1(b) | a limited company |
Form 1(d) | a branch business |
Processing time: 8 - 10 days
Business Registration fee: HK$2,250 (US$288)
Company Registration
You can set up your business in Hong Kong using the 2 most commonly forms of business entities, either
incorporate private limited companies, or
register branches of oversea companies
The application has to be made to the Registrar of Companies no matter which method you choose, you need to go the Companies Registry, 14th Floor of Queensway Government Offices, 66 Queensway, Hong Kong for registration.
Business Licence Information Centre (BLIC)
BLIC
is a one-stop centre set up by the HKSAR Government providing the whole array of information.
Here you can find useful information on the licensing requirements for all business operations in Hong Kong, such as factories, restaurants, etc., thereby saving investors' time and reducing the risk of non-compliance with government regulations.