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Company Set Up


Company Set Up | Bestar
Company Set Up | Bestar


Company Set Up


Setting up a company in Hong Kong is a relatively straightforward process, and can be done either online or in person. The basic requirements are:

  • One director and one shareholder, who can be the same person.

  • A local registered address in Hong Kong.

  • A local company secretary, who can be a Hong Kong resident (above 18 years old) or a Hong Kong-registered company.

  • A company name that is not already in use.

  • A share capital of at least HKD1.

The following are the steps involved in setting up a company in Hong Kong:

  1. Choose a company name and check its availability.

  2. Prepare the incorporation documents.

  3. Appoint a company secretary.

  4. Select a registered address.

  5. File the incorporation documents with the Companies Registry.

  6. Obtain a Business Registration Certificate.

You can hire a professional service provider to help you with the incorporation process. This can be a good option if you are not familiar with the procedures or if you want to save time.


Here are some of the costs involved in setting up a company in Hong Kong:

  • Government fees: HKD1,000 for the incorporation of a private limited company.

  • Professional fees: This will vary depending on the service provider you choose.

  • Other costs: These may include the cost of renting an office, hiring employees, and obtaining licenses and permits.

The total cost of setting up a company in Hong Kong can range from HKD10,000 to HKD50,000.


Here are some of the benefits of setting up a company in Hong Kong:

  • Hong Kong is a well-established financial and trading center with a strong legal system.

  • The business environment is relatively stable and predictable.

  • There are no restrictions on foreign ownership of businesses.

  • The tax rates are low.

If you are considering setting up a company in Hong Kong, do your research and speak to a professional service provider to get more information.


Why Company Set Up in Hong Kong


There are many reasons why a company might set up in Hong Kong. Here are some of the most common reasons:

  • Strategic location: Hong Kong is a major financial and trading hub in Asia, with excellent transportation links to the rest of the world. This makes it a good base for businesses that want to access the Chinese market or expand into other Asian markets.

  • Low taxes: Hong Kong has a low corporate tax rate of 16.5%, and there are no capital gains taxes or withholding taxes on dividends or interest payments. This can make Hong Kong a tax-efficient jurisdiction for businesses.

  • Free trade: Hong Kong is a free port, with no import or export duties. This makes it a good place to set up a business that imports or exports goods.

  • Business-friendly environment: Hong Kong has a stable political and legal system, and a strong commitment to free trade and open markets. This makes it a favorable environment for businesses to operate in.

  • Highly skilled workforce: Hong Kong has a highly skilled workforce with a strong work ethic. This can be a valuable asset for businesses that are looking to hire talented employees.

Of course, there are also some challenges to setting up a company in Hong Kong. These include the high cost of living, the limited availability of office space, and the strict immigration laws. However, the overall benefits of setting up a company in Hong Kong can outweigh these challenges for many businesses.

Here are some specific examples of businesses that might benefit from setting up in Hong Kong:

  • Financial services companies: Hong Kong is a major financial center, and there are many opportunities for financial services companies to do business there.

  • Technology companies: Hong Kong is a hub for technology innovation, and there are many opportunities for technology companies to set up and grow there.

  • E-commerce companies: Hong Kong is a major gateway to the Chinese market, and it can be a good place for e-commerce companies to set up and reach Chinese consumers.

  • Logistics companies: Hong Kong is a major transportation hub, and it can be a good place for logistics companies to set up and distribute goods to the rest of Asia.

  • Manufacturing companies: Hong Kong has a skilled workforce and a good infrastructure, and it can be a good place for manufacturing companies to set up and produce goods for the global market.

If you are considering setting up a company in Hong Kong, do your research and speak to a professional service provider to get more information.


How Bestar can Help


Bestar is a professional services firm that can help you set up a company in Hong Kong. We have a team of experienced professionals who can assist you with all aspects of the incorporation process, from choosing a company name to obtaining a business registration certificate.


Here are some of the ways Bestar can help you set up a company in Hong Kong:

  • Advise you on the best company structure for your business. There are different types of companies that can be registered in Hong Kong, and Bestar can help you choose the one that is right for your business needs.

  • Prepare the necessary incorporation documents. This includes the Memorandum of Association and Articles of Association, which are the governing documents of your company.

  • Appoint a company secretary. A company secretary is a mandatory requirement for all companies registered in Hong Kong. Bestar can help you appoint a local company secretary who will meet all the legal requirements.

  • Select a registered address. Your company must have a registered address in Hong Kong. Bestar can help you find a suitable registered address that meets your needs.

  • File the incorporation documents with the Companies Registry. This is the final step in the incorporation process. Bestar will take care of this on your behalf.

In addition to helping you set up your company, Bestar can also provide you with ongoing support services, such as corporate secretarial services, accounting services, and tax advisory services. This can help you ensure that your company is compliant with all the relevant laws and regulations.


If you are considering setting up a company in Hong Kong, contact Bestar for a consultation. We can help you understand the process and make sure that your company is set up correctly.


Here are some of the benefits of working with Bestar:

  • We have a team of experienced professionals who can help you with all aspects of the incorporation process.

  • We are well-versed in the Hong Kong business environment and can help you choose the best company structure for your business.

  • We offer a wide range of services, including corporate secretarial services, accounting services, and tax advisory services.

  • We are committed to providing their clients with excellent service.

If you are interested in learning more about how Bestar can help you set up a company in Hong Kong, you can visit our website or contact us directly.


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