Common FAQs Answered Regarding Hong Kong Company Formation

When it comes to establishing a company in Hong Kong, one may have hundreds of queries and concerns regarding the dos and don’ts and overall know-how and technicalities. This section aims to answer some of the most common queries people have in this regard. The most common question that is likely to pop up in your head in this context is how long you should expect before the procedure of setting up a limited company in Hong Kong is complete.

Well, the answer is that in most of the cases it usually takes about six to eight working days to carry out all the processing. However, that is only for those scenarios in which the person is residing locally. If the person who wants to establish a company is located overseas it can take longer than that due to the more complex nature of logistics involved in couriering all the necessary and relevant documents related to company formation as well as signing.

Next most common query is in what all languages a company name can be registered in. The answer is that it can be registered in English and Chinese. A combination of characters from both languages is not allowed. One should contact Companies Registry in Hong Kong to find out whether the name that you have decided is available or if it is already taken.

If you are wondering whether a company name can be changed after it has been incorporated, then yes it can be done. You will have to pass for a Special Resolution to change the name post incorporation. A specific form is required to be submitted with the Companies Registry within fifteen days after Special Resolution has been passed. The date on which change of name is issued is the date from when the changes will come into effect.

How many minimum shareholders and directors should a limited company have in Hong Kong? This is another FAQ in this regard. The answer is that there should be at least one director as well as one shareholder. This is the minimum requirement. A person can choose to serve both the positions. It is mandatory to appoint a local company secretary. To know in detail about the underlying technicalities get in touch with Companies Registry in Hong Kong.

It is essential to appoint a company secretary. It can either be an individual as well as a body corporate. If the secretary is an individual he/she must reside within Hong Kong. If it is a body corporate it should have its registered office or place of business in Hong Kong.

If you want to get a startup or a well-established corporate registered here, then you must have countless questions in mind. This section explains a few of the commonly asked questions related to companies registry in Hong Kong.