In general, there are two ways to form a HK company:
1. The client proposes a company name for registration the new company; or
2. By purchasing an existing one from the shelf company list
Usually, forming a company requires 6-7 working days. We have to check whether the proposed Chinese and English name is duplicated with an existing one. If it is not the case, then the proposed name can be used. On the contrary, to purchase a shelf company, it requires only 1-2 working days. The client can choose the name from an existing shelf company list and thereafter, arrange the share transfer and change of directors. We assure you that all shelf companies on list have never commenced business and have nil liability before any share transfer or change in directorship.
Conditions
1. At least one director and one shareholder is required for forming a HK company.
The director and the shareholder can be the same person. It is legally required that the director and / or the shareholder must have reached the age of 18 for whatever nationality. Companies which incorporated from various jurisdictions
can be the director and / or shareholder of a HK company.
2. At least one company secretary – only a HK permanent resident or a company incorporated in Hong Kong can act for this position.Best Eastern provides company secretary services in Hong Kong.
3. A registered Hong Kong office address (we provide this service).
Documents to be provided:
1. If the director and / or shareholder is a natural persona.
a. Their identification documents (HKID Card or passport)
b. Their address proof (i.e. bank statements, phone bill, electricity invoice etc) issued with immediate previous three months
2. If the director and / or shareholder is a corporate
a. The certificate of incorporation and company address of the legal person
b. The identification documents (HKID Card or passport) of its ultimate beneficiary
owner(s)
Company Name
A HK company can register its name in form of Chinese or English. For English, it must be ended with the character “LIMITED” and for the Chinese one, it must be ended with the character “有限公司” (in traditional type). If the company name contains the characters "市政"; "合作"; "受托"; "受托人"; "建屋合作社"; "信托";"旅遊協會"; "商會"; "街坊"; "總商會"; "儲蓄"; "Building Society", "Municipal"; "Chamber of Commerce"; "Cooperative"; "saving"; "Tourist Association"; "Turst", "Trustee" , all these requires the prioer approval from the Hong Kong Chief Executive.
