Hong Kong is situated on the southern coast of the People’s Republic of China.  Its strategic location in the heart of Southeast Asia.

Salient Features

The most common type of entity is the company limited by shares, although it is also possible to have companies that are unlimited.  The company law is based on the United Kingdom Company Ordinance of 1932, which has been amended many times, most recently in 2003.

Hong Kong companies are preferred amongst the Asian/Pacific offshore centers. The major advantage to these companies is that they cannot be easily identified as offshore companies since they are not incorporated by virtue of a special exempt or IBC type legislation.  A Hong Kong company would avoid the application of profit tax by arranging to have its income source outside Hong Kong. 

The Hong Kong Company is not allowed to invite the general public to buy shares or debentures, nor is it permitted to purchase its own shares. The company may not give financial assistance to others to purchase its shares.

Hong Kong company needs one director and they can be individuals or corporate.  Details of director are on public records.  One shareholder is required and they may be either individual or corporate.  A company secretary must be appointed.  An individual secretary must be a resident of Hong Kong.  A corporate secretary must have its registered office or a place of business in Hong Kong.  Details of the company secretary are made available to the public.

Hong Kong company needs one director and they can be individuals or corporate.  Details of director are on public records.  One shareholder is required and they may be either individual or corporate.  A company secretary must be appointed.  An individual secretary must be a resident of Hong Kong.  A corporate secretary must have its registered office or a place of business in Hong Kong.  Details of the company secretary are made available to the public.