Open Hong Kong Limited
As an international financial center, Hong Kong is the best place to start your global business. Whether you are a Start-up or a SME, M&N understands that you need fast, accurate and cost-effective services. We specialize in Hong Kong company registration services and are familiar with the requirements of the Companies Ordinance, saving you from complicated administrative procedures and allowing you to focus on your business development.
Why do I choose to open a company in Hong Kong?
Establishing a Hong Kong limited company not only enhances the brand's international image, but also enjoys the unique business advantages of Hong Kong:
- Simple and inexpensive tax system: Hong Kong has a territorial source principle of taxation with low profits tax rates and no value added tax (VAT) or sales tax.
- Freedom of funds: Hong Kong has no foreign exchange control, which makes funds transfer flexible and convenient for international trade.
- Robust legal system: A well-established legal system protects intellectual property and business interests.
- Low registration threshold: No capital verification is required to open a Hong Kong limited company, and the registered capital starts from HK$1.
M&N One-stop company registration process (fastest 1-2 working days)
Complicated company formation procedures? Don't worry, M&N provides you withOne-stop company registration serviceThe process has been simplified to the extreme:
- Pre-consultation and preparation:Communicate with M&N's professional advisors to finalize the company name, structure, and prepare copies of directors/shareholders' identification documents and proof of address.
- Commissioning and submission of documents:Submit the required documents to the M&N team and we will proceed immediately.Company Name SearchWe will also prepare and submit all statutory documents (including incorporation form NNC1, memorandum and articles of association, etc.) to the Companies Registry for you.
- Government approves and receives certificates:You will be able to collect it after it has been successfully approved by the government department.Certificate of Incorporation (CI) 及Business Registration Certificate (BR)Through M&N. Through M&NExpress Registration ServiceThe earliest possible date isCompleted within 1-2 business days。
- Register for follow-up services:M&N will arrange for you to have your company chop engraved, prepare a "green box" document set and assist you in opening your businessCorporate Bank Account。
Fee for opening a Hong Kong limited company
Economic Programs
One-time charge
4560
7 days to set up a company
Services include.
Company Name Search
Preparation and application of all documents for incorporation of a limited company, the fee includes Certificate of Incorporation (CI) + Business Registration Certificate (BR).
Declaration of first director, shareholder, secretary and registered address
Articles of Association X1
Standard Plan
One-time charge
4960
7 days to set up a company
Services include.
Company Name Search
Preparation and application of all documents for incorporation of a limited company, the fee includes Certificate of Incorporation (CI) + Business Registration Certificate (BR).
Declaration of first director, shareholder, secretary and registered address
Foil stamped company green box Includes company share book, articles of association x 6, one company steel seal, one company (signature) square seal, one company round seal
Free first 2 years of tax representation and counseling services
Preparation and maintenance of register of significant controllers SCR with designated representative Additional $1000/year
Express Program
One-time charge
5460
1-2 working days
Services include.
Company Name Search
Preparation and application of all documents for incorporation of a limited company, the fee includes Certificate of Incorporation (CI) + Business Registration Certificate (BR).
Declaration of first director, shareholder, secretary and registered address
Foil stamped company green box Includes company share book, articles of association x 6, one company steel seal, one company (signature) square seal, one company round seal
Free first 2 years of tax representation and counseling services
Preparation and maintenance of register of significant controllers SCR with designated representative Additional $1000/year
Start your entrepreneurial journey the way you like it!
Whether you want to do the whole process online and enjoy the convenience of not leaving your home; or you are willing to visit the M&N office and communicate with our consultants, we are here, and the M&N team of professionals is the most flexible way to achieve the quickest start of your business.
Do I need a company secretary to open a Hong Kong limited company?
It is required, and it is a mandatory statutory requirement.
The Company Secretary is not an ordinary administrative clerk, but a key person in ensuring that the company complies with the Companies Ordinance. Under the law, every private limited company is required to appoint a company secretary. His/her main duties include:
- Filing with the Companies RegistryAnnual Return (NAR1) and various change notices.
- Arranging Shareholder/Director meetings, preparing and keeping minutes.
- Maintaining and updating statutory registers such as the Significant Controllers Register (SCR).
- Ensure that the Company complies with all ongoing statutory obligations.
If your company has only one director, the director is not allowed to act as secretary by law and must appoint another qualified person or a secretarial firm. Appointing a licensed secretarial firm such as M&N can handle all compliance matters professionally and efficiently, allowing the boss to focus on his business and avoiding fines for missing documents.
Do I need to file a tax return to open a Hong Kong limited company?
Required. Filing tax returns is a legal responsibility of every Hong Kong limited company.
- When do I need to file a tax return? About 18 months after the establishment of the company, the company will receive the first tax payment from the Inland Revenue Department (IRD).Profits Tax Return (BIR51)The following is a summary of the information received by the Board of Trustees of the United States of America, and will be received once a year thereafter.
- How do I file my tax return? Companies are required to count from the date of issue of the tax return.Within 1 monthFiling. Even if a company has not started operations or is not making a profit, it must file its tax return on time, or it may be subject to penalties and estimated tax assessments.
- About "Zero DeclarationIf a company has been audited by an accountant and confirmed that no profit was generated from its business activities during the year, it may submit a nil return to the Inland Revenue Department. Do not file a "nil return" without professional judgment, as this may contravene the Inland Revenue Ordinance.
- The advantages of Hong Kong's tax system:Hong Kongterritorial source taxationIn addition, there is a tax on Hong Kong-sourced profits only. There are alsoTwo-tier profits tax rateThe tax rate on the corporation's first HK$2 million assessable profit is only 8.25%, and the subsequent profit is calculated at 16.5%, which is a generous tax burden.
M&N offers specializedAccounting及Tax AuditOur experienced team will assist you in the preparation of financial statements, audit reports and profits tax returns to ensure that everything is in order.
M&N will continue to support your business development after the establishment of the company.
Company registration is just the beginning. M&N is committed to providing you with the best possible service.One-Stop Corporate Services, accompanied by the company's growth:
- Company Secretarial Services:Processing of annual returns, minutes, change of address, etc. to ensure continued compliance.
- Accounting and Auditing:Handle accounts and books professionally and arrange for audits by certified public accountants.
- Virtual Office:Provide quality business address and mail handling services to save rental cost and build professional image.
- Bank account opening referrals:With rich experience in assisting clients to prepare documents and successfully open corporate bank accounts.
Why do so many entrepreneurs choose M&N Business Services?
- Hong Kong licensed organizations:M&N Business Services Limited is a licensed secretarial company recognized by the Hong Kong Government for its reliable services.
- One-stop comprehensive program:從Company Formation, Secretarial Services, Accounting & Tax Preparation to Virtual OfficeWe have everything you need, so you don't have to travel around.
- Experienced team:Over the years, we have assisted numerous SMEs and start-ups to register successfully and are able to deal with a wide range of complex situations.
- Charges are transparent and straightforward:All service plans are clearly priced, with no hidden charges, so you can rest assured that you're in good hands.
Services related to the registration of Hong Kong Limited Company
Company Formation Services
Company Secretary
Tax Services
Virtual Office
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Frequently Asked Questions on Setting up a Hong Kong Limited Company
- low-tax
- Superior Financial System
- Free remittance and trade
- Sound legal system
- Cosmopolitan city with positive corporate image and strong competitive edge
- Easier access to international and Mainland China markets
- Provided that the person is 18 years of age or over as a member or as a director.
- Holders of Hong Kong Long Term Identity Card / Passport / Chinese Identity Card / Overseas Chinese
- A Hong Kong address must be provided for the registration of a Hong Kong company.
- To appoint a Hong Kong resident or a professional firm as the ''Company Secretary''
- Hong Kong companies are required to file annual returns and renew certificates with the Companies Registry and the Business Registration Office.
- Payment of Business Registration Certificate Fee = HK$2,250
- Annual Return Fee = HK$105
The Business Registration Office will issue you a Business Registration Certificate to prove that your company has been successfully registered; you can also visit the Hong Kong Companies Registry for inspection.
"Shareholders
- Participate in the shareholders' meeting and have voting rights.
- Need to understand the company's business and financial situation
- May vote for and be elected to the Board of Directors
- Dividend entitlement
- Preferential purchase of shares transferred from other shareholders
- After liquidation of the company, the remaining property can be distributed according to the law (creditors first).
To appoint or retire Directors and determine the remuneration of such Directors at general meetings.
"Director"
- Responsible for the daily operation and decision making of the company
- Required to keep accounting books and business records
- Responsible Bank Accounts
- May borrow loans on behalf of the company and use the company's property as collateral
- Calling and Execution of Resolutions at General Meetings
Yes. Any shareholder or director of any nationality can open a Hong Kong company without any restriction.