Hong Kong

Hong Kong is on the southeast coast of China and consists of a large number of islands and a part of the mainland totalling approximately 1,064 sq. km. On 1 July 1997 all of Hong Kong reverted from British Control back to China and became a Special Administration Region 'SAR' within the People's Republic of China (PRC).
 

Key Corporate Features & Requirements

 
General
  • Type of entity: Private Limited
  • Type of law: Common
  • Shelf Companies available: Yes
  • Time to establish a new company: apx. 10 days
  • Corporate taxation: 16.5%
  • Double taxation treaty access: Yes
  • Standard currency: HK$ (Hong Kong Dollars)
  • Permitted currencies: Any
 
Directors or Managers
  • Minimum number: One Physical
  • Local required: No
  • Publicly accessible records: Yes
  • Location of meetings: Anywhere
 
Members
  • Minimum number: One
  • Publicly accessible records: Yes
  • Location of meetings: Anywhere
 
Company Secretary
  • Required: Yes
  • Local or qualified: Local
 
Accounts
  • Requirement to prepare: Yes
  • Audit requirements: Yes
  • Requirement to file accounts: Yes
  • Publicly accessible accounts: No
 
Other
  • Requirement to file annual return: Yes
  • Change in domicile permitted: No


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