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Recruitment / Business

Setting Up A Business

By law, every person, firm or corporation conducting business in Hong Kong must register that business and pay an annual fee. Failure to do so may result in a heavy fine or even imprisonment. Organizations involved in charitable work are exempt from paying a fee although they must still register.

Setting up a company in Hong Kong is relatively simple, although the regulations must be followed precisely and, if in doubt, it is always advisable to seek the help of professionals in the field. Moreover, there are many publications available on the topic; for example, the American Chamber of Commerce (AmCham) updates Establishing an Office in Hong Kong on an annual basis.

Below is a summary of the steps you must follow to incorporate a private limited company in Hong Kong; however, we advise you to consult with appropriate authorities in order to understand what is fully required for the process.

  • Choose a suitable name for the company.
  • Check proposed name against registered list of names. This can be done at the Companies Registry.
  • Prepare and complete two signed copies of the Memorandum and Articles of Association, signed and witnessed.
  • Complete the Statutory Declaration of Compliance, signed and witnessed.
  • Write a check for the registration fee and capital duty.
  • Submit the above documents to the Companies Registry with a cover letter to the following address:

    Companies Registry
    14/F Queensway Government Offices
    66 Queensway, Admiralty
    Tel: 2867 2600
    Website: www.cr.gov.hk/en/home/index.htm
  • Get a company seal made. A rubber stamp referred to as a  “chop”.

Women Business Owners Club programs are aimed at women, who are contemplating starting their own business, as well as those who are long past the start-up stage.

Women Business Owners Club
Suite 1804, Bonham Trade Centre
50 Bonham Strand, Sheung Wan
Tel: 9158 7263
Website: www.hkwboc.org