Yes. Foreigners can own 100% of a Hong Kong company, as Hong Kong allows full foreign ownership with no restrictions on the nationality of shareholders or directors.
Under the Hong Kong Companies Ordinance, a private limited company must have at least one director and one shareholder, and these individuals or entities may be non-residents. The company must also appoint a local company secretary and maintain a registered office address in Hong Kong. However, the shareholders and directors are not required to reside in Hong Kong.
For example, many international entrepreneurs establish Hong Kong companies to support cross-border trading, international business expansion, or regional operations in Asia. A European trading company sourcing products from mainland China and selling to global markets may set up a Hong Kong entity fully owned by overseas shareholders while managing operations remotely.
Because of this flexible ownership structure, Hong Kong is widely used by international investors and business owners. However, companies must still comply with statutory obligations, including maintaining proper accounting records, preparing audited financial statements, and submitting annual returns to remain in good standing.
1. Can a Vietnam company be combined with other international structures (e.g., HK, UAE, EU)?
2. Can a Vietnam company invoice clients globally?
3. Is Vietnam suitable for SaaS or digital service companies?
4. Is Vietnam suitable for eCommerce businesses?
5. What happens if a company in Vietnam fails to file annual returns?
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