What are the minimum statutory requirements for registering a company in Hong Kong?

Most business owners register their companies in the form of private limited companies in Hong Kong. To do so, you must meet the following requirements:

At least one shareholder over 18 years old is required. The shareholder can be a local or a foreigner

At least one director of over 18 years old is required. The director can be a local or a foreigner

One person can act as both the shareholder and the director

You must have a registered address in Hong Kong

While you do not need a minimum share capital to register a company in Hong Kong, the common practice is to have about HK$ 10,000 in share capital. Since the minimum paid-up capital per share is HK$ 1.00, your share capital can be represented by 10,000 ordinary shares of HK$ 1.00 each

Your company needs to have a Designated Representative (DR) in the form of a company or a person to provide assistance to the company’s Significant Controllers Register (SCR)

A company secretary who is a local. If you would like to use an incorporated entity as your secretary, it will need to have an office in Hong Kong

After meeting these requirements, you will need to apply for a valid business registration certificate through the Hong Kong Companies Registry to officially establish your business.