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How to Register a New Company?


How to Register a New Company? | Bestar
How to Register a New Company? | Bestar

Here are the steps on how to register a new company in Hong Kong:

  1. Choose a company name. You can search for available company names on the Companies Registry website. The name must be unique and not already in use.

  2. Determine the company type. There are different types of companies that can be registered in Hong Kong, such as private limited companies, public limited companies, and unlimited companies. The type of company you choose will depend on your specific business needs.

  3. Set up the company structure. This includes determining the number of shareholders and directors, and their respective roles and responsibilities.

  4. Deposit the share capital. The minimum share capital for a private limited company is HK$1.

  5. Appoint a company secretary. The company secretary is responsible for ensuring that the company complies with all applicable laws and regulations.

  6. File the incorporation documents. The incorporation documents must be filed with the Companies Registry.

  7. Obtain a business registration certificate. The business registration certificate is issued by the Business Registration Office.

Here are some additional things to keep in mind when registering a new company in Hong Kong:

  • The incorporation process can take up to 10 working days.

  • The government fees for registering a company are HK$1,720 for the incorporation fee and HK$2,150 for the business registration fee and levy fee.

  • You will need to provide a local office address for your company.

  • You will need to open a bank account for your company.

Important Notes


Here are some important notes to keep in mind when registering a new company in Hong Kong:

  • Choose a unique company name. The company name must be unique and not already in use. You can search for available company names on the Companies Registry website.

  • Determine the company type. There are different types of companies that can be registered in Hong Kong, such as private limited companies, public limited companies, and unlimited companies. The type of company you choose will depend on your specific business needs.

  • Set up the company structure. This includes determining the number of shareholders and directors, and their respective roles and responsibilities.

  • Deposit the share capital. The minimum share capital for a private limited company is HK$1.

  • Appoint a company secretary. The company secretary is responsible for ensuring that the company complies with all applicable laws and regulations.

  • File the incorporation documents. The incorporation documents must be filed with the Companies Registry.

  • Obtain a business registration certificate. The business registration certificate is issued by the Business Registration Office.

  • The incorporation process can take up to 10 working days.

  • The government fees for registering a company are HK$1,720 for the incorporation fee and HK$2,150 for the business registration fee and levy fee.

  • You will need to provide a local office address for your company.

  • You will need to open a bank account for your company.

In addition to these notes, here are some other things to keep in mind:

  • It is important to have a clear understanding of the laws and regulations that apply to companies in Hong Kong. You should consult with an experienced lawyer or accountant to ensure that your company is properly formed and compliant with all applicable laws.

  • It is also important to have a sound business plan in place before you register your company. This will help you to define your business goals and objectives, and to identify the resources that you will need to achieve them.

  • Finally, it is important to be aware of the tax implications of registering a company in Hong Kong. The Hong Kong government imposes a corporate tax rate of 16.5%, and there are also other taxes that may apply to your company. You should consult with a tax advisor to ensure that you are aware of all of the relevant tax implications.


Frequently Asked Questions


Here are some frequently asked questions about how to register a new company in Hong Kong:


Q: What are the requirements for registering a company in Hong Kong?


A: The requirements for registering a company in Hong Kong vary depending on the type of company you are registering. However, some of the common requirements include:

  • A unique company name that is not already in use.

  • A minimum share capital of HK$1 for a private limited company.

  • A company secretary.

  • A local office address.

  • A business registration certificate.

Q: How much does it cost to register a company in Hong Kong?


A: The cost of registering a company in Hong Kong varies depending on the type of company you are registering. However, the general cost is around HK$1,720 for the incorporation fee and HK$2,150 for the business registration fee and levy fee.


Q: How long does it take to register a company in Hong Kong?


A: The incorporation process can take up to 10 working days. However, the process can be expedited if you submit all of the required documents and pay the additional fees.


Q: What are the benefits of registering a company in Hong Kong?


A: There are many benefits to registering a company in Hong Kong, including:

  • A strategic location with easy access to mainland China and other markets in Asia.

  • A stable and business-friendly environment.

  • A low corporate tax rate of 16.5%.

  • A well-developed legal and regulatory system.


Why Engage Bestar to Register a New Company?


There are many reasons why you might want to engage Bestar to register a new company in Hong Kong. Here are some of the benefits of working with Bestar:

  • Expertise: Bestar has a team of experienced professionals who are experts in company registration in Hong Kong. They will be able to guide you through the entire process and ensure that your company is properly formed and compliant with all applicable laws.

  • Convenience: Bestar can handle all of the paperwork and filing for you, so you can focus on other aspects of your business. They will also keep you updated on the progress of your application and let you know when it is complete.

  • Cost-effectiveness: Bestar's fees are very competitive, and they offer a variety of packages to fit your budget. You can be sure that you are getting a good value for your money when you work with Bestar.

  • Peace of mind: Knowing that your company is in good hands with Bestar will give you peace of mind. They will take care of everything, so you can focus on growing your business.

Here are some of the specific services that Bestar offers:

  • Company name search and registration: Bestar can help you search for a unique company name and register your company with the Companies Registry.

  • Company formation: Bestar can help you set up your company structure, appoint a company secretary, and open a bank account for your company.

  • Business registration: Bestar can help you register your business with the Business Registration Office.

  • Tax compliance: Bestar can help you stay compliant with all applicable tax laws.

  • Corporate secretarial services: Bestar can provide a variety of corporate secretarial services, such as maintaining your company's records and filing annual returns.


Connect with Us


If you are considering registering a new company in Hong Kong, contact Bestar to discuss your needs. We will be able to answer any questions you have and help you get started on the right foot.




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