Tuesday, 20 January 2015

Conditions for a limited company setup in Hong Kong



Hong Kong is currently one of the top countries in the world known for its outstanding technology and business development. The reason behind that is, it allows businessmen to carry out their business unit without any hassle. Anyone interested in starting a business in Hong Kong can easily do it, and by anyone we mean a citizen or a non-citizen. To set up a company in Hong Kong is a simple task and requires you to follow a very simple route.

If you are looking forward to a limited company formation in Hong Kong, make sure the following conditions are met at first:

·         Having a registered office in Hong Kong: For a limited company set up Hong Kong, a registered office having address within the country is a must. 

·         The company must have a shareholder, a director, and a company secretary in the least to formulate the company. 

·         The shareholder can be a natural person or a body corporate. S/He cannot act as the company secretary of the company. 

·         The person chosen as the company secretary should be actually residing in Hong Kong and should have a registered address in Hong Kong. 

·         The copy of resolution needs to be delivered to the Registrar of Companies for registration with the span of 15 days from the date it was passed. 

Setting up business in Hong Kong is a highly sophisticated process and you have to follow the procedure acutely. There are no loopholes in the law that will obstruct you from achieving your dream business. There are various Hong Kong consultancies that can help you with all the legwork in the process. Find the best consulting firm and you can have all the requirements met easily in the course of a limited company set up in Hong Kong. 

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