Main characteristics

Kind of company Limited Company
Legislation and authority The Hong Kong Company Registry is the authority that regulates the companies born in this country, according to the “Hong Kong Companies Ordinance 1984”
Information about company directors Company directors’ names are registered, but it’s possible to usr a nominee for privacy
Privacy Fully guaranteed
Accounting duties Required, but not publicly accesible
Taxation Foreign profits are not taxed
Standard currency HK $, but any currency is accepted for capital
Finance Hong Kong is an important financial center
Stability Stable and well-known jurisdiction
Comunications Good means of communications
Time zone GMT+8.
Secretary obligations Yes
Legal system of reference Common Law.
Capital to pay No minimum capital is required (1 $).
Minimum number of directors/shareholders At least 1 Director
Shares to the bearer Shares to the bearer not allowed
Costs Tariffs:  € 2950 for company constitution – € 1450/year for its maintenance

 

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