Company Incorporation
Responsible Government authority
Incorporation qualification
Tax rate
Legal liability
Continuity
Legal status
Maintenance cost
Sole-proprietorship /
General partnership
Inland Revenue Department
Hong Kong Resident or Hong Kong Permanent Resident
7.5% for the first $2,000,000, then 15%
Unlimited, the proprietor or all partners are fully liable to the debts
As long as the proprietor or partner goes bankrupt or passes away, the company must be wound up or dissolved
The proprietor cannot enter into a contract with the company
Lower, only need to do the accounting and tax declaration every year
Limited company
Companies Registry
Hong Kong or non-Hong Kong resident
If the applicant is not a Hong Kong resident, the company secretary needs to be a Hong Kong resident or a limited company registered in Hong Kong
8.25% for the first $2,000,000, then 16.5%
Limited to shareholders' capital contribution, do not need to repay debts with personal assets
Perpetual unless wound up
Shareholders can enter into contracts with the company and file lawsuits
Higher, accounting and auditing are required every year
COMPANY FORMATION PLAN
Sole-proprietorship /
General partnership
Limited company
Company name search
Preparation and submission of company incorporation documents
Business Registration application
Company Secretary service for the 1st year
Minutes
Full green box set
Signature chop, Company chop & Common Seal
Digital directory
Company kit storage for the 1st year
Service fee (HK$)
$1,000
$4,800
COMPANY
SECRETARY PLAN
BASIC PLAN
ADVANCED PLAN
Acting as Company Secretary for the 1st year
Preparation and submission of Annual Return
Business Registration renewal
Preparation and updates of Statutory Records
- Register of Directors
- Register of Members
- Register of Secretaries
- Significant Controllers Register
Service fee (HK$)
$1,480
$1,980
*Exclusive of government fee and levy (if applicable)