The limited liability company is a popular business form in Hong Kong because its founders can only be held liable to the extent of their investment in the company. This company will need to be registered with the Hong Kong Companies Registry and observe the requirements for the taxation of income produced in the city. The experts at our law firm in Hong Kong can give you detailed information about the incorporation and maintenance costs for this type of company. Contact our law firm in Hong Kong at: http://www.lawfirmhongkong.com/
1. Open a Limited Liability Company in Hong Kong
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2. The Hong Kong Limited Liability
Company
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• The limited liability company (LLC) is among
the most popular business forms in Hong Kong.
• It is preferred by foreign investors who want to
open a small or medium-sized legal entity
and it allows shareholders to be liable only to
the extent of their investment in the company.
3. Reasons to Open a Limited Liability
Company in Hong Kong
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• The limited liability company in Hong Kong can
be private or public, the difference being that the
public one can be listed on the Stock Exchange.
• The company can easily raise capital and it
continues its business activity after the resignation,
insolvency or death of a director or shareholder.
4. Key Characteristics for a Hong
Kong Limited Liability Company
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• The limited liability company in Hong
Kong has a set of important characteristics:
it is a separate legal entity from its founder/s;
its shareholders have limited liability;
it allows for business expansion;
it allows for easy transfer of ownership.
5. Limited Liability Company
Compliance in Hong Kong
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• The private limited liability company must
have at least one shareholder and a maximum of
50.
• The business regulations for a LLC in Hong
Kong include a mandatory company secretary
and a registered address. There are no minimum
share capital requirements.
6. The Company Registration
Procedure in Hong Kong
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• The Hong Kong limited liability company
must be registered in the city. The founders
need to submit the following documents:
the Articles of Association;
the company incorporation form;
passport copies and residency proof for
foreign investors;
copies of the Hong Kong identity card for
local investors.
7. Registration with the Companies
Registry in Hong Kong
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• The company registration procedure may
begin after the LLC receives an approval for its
company name.
• The company is registered with the Companies
Registry in Hong Kong. After it receives the
Certificate of Incorporation it can apply for
registration with the tax authorities and to
receive additional permits and licenses.
8. Additional Steps for Opening a
LLC in Hong Kong
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• The limited liability company will need a
bank account in Hong Kong and will need to
register for taxation purposes.
• Company owners who want to hire employees
in Hong Kong need to observe the
Employment Ordinance.
9. Special Permits for LLCs
in Hong Kong
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• The Business Registration Certificate is
issued upon registration with the Inland
Revenue Department.
• Limited liability companies will also need to
obtain additional special permits and
licenses, depending on the business field in
which they activate. The experts at our law firm
in Hong Kong can help you get any necessary
permits for your company.
10. Assistance for Opening a LLC in
Hong Kong
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• A Hong Kong law firm that offers
professional company incorporation and
management services can help you
throughout the steps required to open a
limited liability company in Hong Kong.
• You can contact the specialists at our law
firm in Hong Kong for company formation
assistance and advice.
11. Thank You
for Your Attention!
For more information please contact us at:
+ 852 8191 3385 (for international clients)
office@lawfirmhongkong.com
http://www.lawfirmhongkong.com/
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