As one of the world’s leading financial hubs, Hong Kong attracts countless entrepreneurs with its low tax rates, freemarket economic policies, robust legal system, and convenient international business environment. However, while setting up a company in Hong Kong may seem straightforward, it involves several critical steps—any oversight could impact future operations.
How to Start a Company in Hong Kong?
Step 1: Choose the Right Business Structure to Launch Your Venture
The first step in starting a business in Hong Kong is selecting the appropriate company type—much like laying a solid foundation for a building. Common business structures include sole proprietorships, partnerships, and incorporated companies.
Sole Proprietorship: A simple structure where an individual operates a small business under their own name. Legally, the business and the owner are the same entity. This option suits entrepreneurs who want full control and quick decisionmaking but also means bearing all risks alone.
Partnership: Involves two or more partners jointly running the business, sharing responsibilities and funding opportunities. However, each partner is legally liable for the actions of the others—prosperity and risks are shared alike.
Incorporated Company: A more complex structure with legal entity status, formed by one or more individuals. It includes:
Limited Company (further divided into companies limited by shares, by guarantee, and unlimited companies).
Companies limited by shares are the most common, where shareholders’ liability is limited to their investment.
Companies limited by guarantee are often used for nonprofit organizations.
Unlimited companies require shareholders to bear unlimited liability for debts.
Entrepreneurs should carefully assess their business needs, risk tolerance, and growth plans when choosing the right structure.
Step 2: Craft a Unique Company Name to Build Your Brand
A strong company name is your first impression—it captures attention and sets you apart. Before finalizing a name, review the Hong Kong Company Name Registration Guidelines to ensure compliance.
To avoid duplication, check name availability through:
The Online Search Centre
Mobile CR Search Service
Online Trademark Search
Alternatively, visit the Companies Registry on the 13th floor of the Queensway Government Offices for inperson verification. A distinctive, memorable name aligned with your business can make your company stand out in a competitive market.
Step 3: Accurately Complete Registration Forms—The Key Step
After selecting your business type and name, proceed to fill out the necessary forms:
Incorporation Form (Form NNC1 for companies limited by shares; Form NNC1G for others)
Articles of Association
Business Registration Office Notification
Applications can be submitted:
Online via “eRegistry” or the “CR eFiling” mobile app
In person at the 14thfloor service counter of the Queensway Government Offices
Doublecheck all details to avoid delays.
Step 4: Receive Your Certificates and Begin Your Business Journey
Upon approval, you’ll receive:
Certificate of Incorporation
Business Registration Certificate
For private companies limited by shares:
Online applications: Ecertificates are typically issued within one hour via email.
Paper applications: Notifications are usually sent four working days after submission, after which you can collect the documents in person.
These certificates are your keys to legally operating in Hong Kong’s dynamic business landscape.
Step 5: Obtain Necessary Licenses for Compliant Operations
After registration, additional permits may be required depending on your industry. The Trade and Industry Department provides guidelines for:
Import/export licenses
Industryspecific permits (e.g., food hygiene licenses for F&B, trade permits for import/export businesses)
Ensuring full compliance helps avoid legal risks and keeps your business on track for longterm success.
By following these five steps, you can smoothly establish your company in Hong Kong and turn your entrepreneurial vision into reality!
