Hong Kong is a global financial center. It also occupies a unique position at the ‘crossroads’ of east and west: Hong Kong incorporation makes it simple to conduct business both in mainland China and internationally. It’s no surprise that Hong Kong was ranked first for its economic device in the 2019 Global Competitiveness Report. This detailed guide will teach you everything you need to know about starting a https://offshorecompanyregister.com/offshore-company-formation-in-seychelles/. Each phase is below.
Company name:
English or Chinese company name It is critical to determine the company’s name. Write the company name in either English or Chinese or both. The company name, however, cannot contain both English and Chinese characters. A Chinese company name must end with a character, and an English company name must end with the word “Limited.” The company name must not be identical or too similar to the name of an existing company in the Ministry of Intellectual Property’s company register and Trademark Register. Click here for more information. The company name is not under reservation for Hong Kong offshore company setup. We could help with the suggested company name search.
A private company:
A corporation is a legal entity whose shares and securities can get sold to the general public. Assume a company is a limited liability company but not governed by a limited liability company or a limited liability company. It is a limited liability company in this case. Because it raises capital from the public, the regulatory requirements for registering a limited liability company are comparatively stricter than that of a limited liability company. This type of company legal form gets commonly used by large companies raising capital from the public. When a medium-sized or large company experiences significant growth, it is common for them to change its legal form from a limited liability company to a public company. The Hong Kong Stock Exchange is home to most of Hong Kong’s public companies.
Shareholders:
A Hong Kong limited company can have as few as one shareholder and as many as fifty. Shareholders are not required to live in the United States. A director and a shareholder can be the same or different people. The shareholder must be over the age of 18 and of any nationality. A shareholder can be an individual or a corporation. 100% foreign or domestic equity ownership is permitted. It is permissible to name registered shareholders. Shareholder meetings can take place anywhere on the planet.
Hong Kong Directors:
A maximum of one director and a minimum of one director are permitted. The director must be an individual of any nationality who is not a Hong Kong resident. Directors must be 18 years old and not be bankrupt or convicted of a crime. A director and a shareholder are not always the same individual. Nominee corporate directors may get appointed in addition to individual directors. Board of Directors meetings can take place anywhere in the world..
Hong Kong Registered Office Address:
The company’s registered office address must be a local Hong Kong address. A PO Box cannot get used as a registered office address; it must be a physical address. We can provide an address in the heart of Hong Kong’s Central Business District as a registered office for the company through our partner Sleek at a competitive price.
