Company secretarial services are provided by our related company, Beas Company Secretarial Services Limited (TCSP license no.: TC002674).
We can help clients to form Hong Kong and overseas companies in jurisdictions like the British Virgin Islands, Seychelles, Cayman Islands, Samoa, etc. Through our international alliance, we can also set up foreign enterprises in various overseas countries.
Answer:At least 1 shareholder and 1 individual director. A shareholder can be an individual or a corporate. The individual / corporate director can also be the shareholder. There is no requirement under the Companies Ordinance that a director must be a Hong Kong resident, while additional director can be either an individual or a corporate.
Answer:A private limited company must have a company secretary (either an individual or a corporate). The sole director of that company must not act as the company secretary. If the company secretary is a natural person, he or she must ordinarily reside in Hong Kong. If the company secretary is a corporate, the address of its registered office should be in Hong Kong.
Answer:Yes, non-Hong Kong residents may incorporate a local limited company in Hong Kong, whereas the registered office must be situated in Hong Kong.
Answer:There is no requirement on the minimum amount of a company's paid-up capital under the Companies Ordinance. The share capital can be as low as HK$1.
Answer:Yes, it is very important for each new company in Hong Kong to have its bank account to operate its business. We have many banking partners that could help with your business needs.
Other than company formation, we can act as the company secretary and provide comprehensive range of corporate support services:
keeping and updating of statutory records, preparation and filing of statutory documents
providing registered office address
opening bank account
transfer and allotment of shares
appropriate business structure advice
arranging notarization and apostille of documents with Notary Public in Hong Kong, China and other countries
A limited Hong Kong company can be dissolved in two ways: deregistration and winding-up. Both involve complex procedures and compliance requirements. And despite the differences in the relevant rules and procedures, the implications of each process are also different to the other. We can advise our clients in choosing the best method and assist in handling the whole dissolution process including the preparation of statement of affairs, tax clearance etc.