As one of the world’s most important financial hubs, Hong Kong is undoubtedly a dream destination for countless entrepreneurs. However, setting up a company in Hong Kong is not without its challenges—it involves numerous critical points that require careful attention. So, what should you keep in mind when starting a business in Hong Kong?
Consideration 1: What is the Minimum Capital Requirement for Registering a Company in Hong Kong?
The standard registered capital for a Hong Kong company is HKD 10,000, with no requirement for paidup capital and no upper limit. That said, Capital Business Centre advises entrepreneurs not to set the registered capital too high.
According to relevant regulations, the higher the registered capital, the higher the stamp duty payable in the future. For startups, funds are often limited, and every dollar must be spent wisely. Excessive stamp duty can increase financial burdens, affecting cash flow and business operations.
Therefore, when setting the registered capital, entrepreneurs should conduct a comprehensive and prudent assessment, taking into account the company’s actual operational needs, business development plans, and market prospects to determine a reasonable and scientific capital amount.
Consideration 2: Which Expenses Are TaxDeductible?
Under Section 16 of the Hong Kong Inland Revenue Ordinance, expenses incurred in the production of taxable profits are generally deductible. These include but are not limited to:
Office rent in Hong Kong
Employee salaries, allowances, bonuses, benefits, severance payments, and longservice payments
Mandatory contributions to the MPF (Mandatory Provident Fund) by employers and employees
Registration fees for trademarks, designs, or patents
Capital Business Centre provides accounting and tax filing services to help entrepreneurs easily manage their finances, allowing them to focus more time on growing their business!
Consideration 3: What Documents Are Required to Register a Hong Kong Company?
The process of registering a Hong Kong company requires a complete set of documents to ensure the authenticity and accuracy of company registration information. Key documents include:
Identity documents of directors/shareholders (passport or ID card)
Proof of address (utility bills issued within the last 3 months)
Articles of Association (standard version available)
Company registration forms
Notice to the Business Registration Office
Capital International Business Centre offers full company incorporation services, handling all backend work for clients—whether for new registrations or changes. Clients only need to provide the necessary documents, and the full set of company documents (including business licenses, company seals, and more) can be obtained in as fast as 10 working days, allowing clients to start international operations immediately.
Consideration 4: Can NonHong Kong Residents Register a Company in Hong Kong?
Absolutely. According to Hong Kong laws, any individual aged 18 or above, including mainland Chinese citizens or holders of valid overseas passports, can register a company in Hong Kong. However, the registration process requires:
A Hong Kong registered office address
A company secretary, who must either be a Hong Kong ID card holder or a licensed secretarial company
While starting a company in Hong Kong may seem straightforward, every step requires thorough preparation and strict compliance with relevant laws and regulations to turn entrepreneurial dreams into reality in this thriving business hub.
If you’re looking for suitable office space or business services, feel free to contact Capital International Business Centre directly!
