🇭🇰 Hong Kong Company Registration

Hong Kong operates a common-law system, a free-trade environment and a territorial tax regime: profits arising outside Hong Kong may not be taxable, the standard profits tax rate is 16.5%, and there is no capital gains tax or withholding tax on dividends. It is a widely used jurisdiction for cross-border trading, holding and professional services.

速答

Hong Kong company registration is administered by Companies Registry (CR), the usual entity type is Private limited company, and the standard timeline is 3-7 business days. Please confirm requirements with our advisors before proceeding.

AT A GLANCE

Hong Kong at a glance

Regulator
Companies Registry (CR)
Entity type
Private limited company
Timeline
3-7 business days
Profits tax
16.5% (territorial)

Key requirements

  • Directors: at least one, of any nationality; corporate directors are permitted but additional requirements may apply.
  • Shareholders: at least one; 100% foreign ownership is allowed.
  • Company secretary: must be a Hong Kong resident or a TCSP-licensed entity — this is mandatory.
  • Registered address: a local Hong Kong address is required.
  • Share capital: commonly HK$1 to HK$10,000; no mandatory paid-up requirement.

Registration process

  1. Name availability check with the Companies Registry (1 business day)
  2. Preparation and signing of incorporation documents (NNC1 series)
  3. Filing with the Companies Registry (3-7 business days)
  4. Certificate of Incorporation and Business Registration Certificate issued
  5. Corporate kit: articles, registers, company chop and statutory documents
  6. Corporate bank account application with a Hong Kong bank

Ongoing obligations

  • Annual return (NAR1) filing and renewal of the Business Registration Certificate
  • Profits tax return filing; audited accounts are required in most cases
  • Maintenance of a TCSP-licensed company secretary and registered address
  • Significant Controllers Register (SCR) must be kept and updated
FAQ

Frequently asked questions

How long does Hong Kong company registration take?

A standard private limited company is typically registered in 3-7 business days. Bank account opening is a separate, longer process — commonly 2-8 weeks depending on the bank and the quality of business documentation provided.

Is a Hong Kong company tax resident by default?

Not automatically. Hong Kong taxes on a territorial basis — profits arising in or derived from Hong Kong are chargeable. Companies with activities elsewhere may apply for offshore profits exemption, which requires supporting evidence and a filing with the IRD.

Do I need a local director?

No — directors can be of any nationality. However, a TCSP-licensed company secretary and a local registered address are both mandatory.

Not sure which jurisdiction fits your business?

Tell us your target market, activity and timeline — we will map the options and the requirements.