The company registration procedure in Hong Kong involves the Hong Kong Companies Registry where the business owner must make an application and submit the necessary documents. To simplify the procedure, the process of applying for company incorporation in Hong Kong also includes the application for business registration.
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The Hong Kong Companies Registry
The Hong Kong Companies Registry (CR) is the legal authority responsible for incorporating local companies in Hong Kong, regardless of their type. Also, this is where non-resident companies are registered when performing business activities in Hong Kong.
The first step for incorporating a company in Hong Kong is choosing the appropriate business form. The types of companies available in Hong Kong are: the sole proprietorship, the private limited liability company, the public limited liability company or the company limited by guarantees. After choosing the type of company, the business owner must choose a name for the company and it is important that the name meets all the requirements for registration. Companies in Hong Kong can be registered with an English name, a Chinese name or with both an English and a Chinese name.
How to register a company in Hong Kong
Individuals who want to register a company in Hong Kong must submit the following documents to the Hong Kong Companies Registry, together with the applicable fees:
-the incorporation form: Form NNC1 or Form NNC1G, according to the type of company;
-the company’s Articles of Association;
-a notice to the Business Registration Office.
A company can only be registered after it has been confirmed that the chosen name is approved. Otherwise the application can be rejected and the applicant also loses the registration fee.
After submitting the necessary documents for company incorporation, business owners must obtain the Certificate of Incorporation and Business Registration Certificate. These can be released in an electronic form or in a hard copy form, depending on the application method. The certificates issued in electronic form have the same legal value as those issued in print.
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