4. Requirements for setting up a Hong kong (HK) private company
Anybody can be setting up Hong Kong company. Basic Hong Kong company formation requirements:
- one director (individual)
- one shareholder (individual or corporate)
- one secretary company (Read more: Corporate secretarial services Hong Kong)
- a registered office address in Hong Kong (PO box is not allowed).
Standing as your secretary company, Offshore Company Corp will provide a registered office address and secretarial services. Offshore Company Corp can also provide a nominee director and a nominee shareholder if needed to protect your privacy.
There is no prescribed minimum share capital. For practical purposes, this is not usually less than HK$10,000 or the equivalent in a foreign currency. There is a capital duty of 0.1% payable on the authorised share capital (subject to a cap of HK$ 30,000).
The minimum requirement for forming a private limited company is to have at least one shareholder and one director, who can be the same person.
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