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Hong Kong Company Incorporation and Business Registration fees

To form a Hong Kong limited company, you would need to identify at least one director and one
shareholder. The director and the shareholder can be the same person and can be a foreign
passport holder who has attained the age of 18. You would also need to identify a company
secretary. If the secretary is an individual, he/she must ordinarily reside in Hong Kong and has
attained the age of 18. If it is a company, its registry office must be in Hong Kong. The company
registration fee is HK$1,720.

Hong Kong Business registration fee applies to every business in Hong Kong and an application should be made
within one month of business commencement. The registration fee is HK$2,450 for a 1-year
certificate and HK$6,550 for a 3-year certificate*.

(*Note: According to 2012-13 Budget proposal. The fees payable in respect of business
registration certificates that with commencement date on or after 1 April 2012 will be reduced by a
sum of $2,000, subject to the scrutiny by the Legislative Council.)

UK Limited Company – bearer shares

UK Limited by Shares Company

 Advantages of a UK Limited Company:-

 ü       Quick, easy and low cost to setup and maintain

ü       We offer fast company formations/registrations, fastest time of 6 minutes

ü       Average Incorporation time of 2 – 3 hours

ü       The company has a legal existence separate from its management and members (the shareholders)

ü       Members’ liability is limited

ü       The company’s name is protected

ü       The company continues despite the death, resignation or bankruptcy of management and members

ü       Appointment, retirement or removal of directors is straightforward

ü       One man Company (One person can be the Director and Shareholder)

ü       No Residency Requirements

Requirements:-

 ·       The Company is required to have a Registered Office Address in the UK (CFS can provide this).

·       You must appoint a minimum of 1 Director and 1 Shareholder, of which 1 director must be an individual.

·       The minimum share capital is £1.00.

·       There is no maximum share capital.

·       The minimum number of shares issued is 1.

You will receive the following documents by email:

ü       Certificate of Incorporation

ü       Memorandum of Association

ü       Minutes of the First Meeting

ü       Fully Written up Company Register

ü       Share Certificates (Required to open a bank account)

ü       Web Filing Code      

ü       Company will be Registered with the UK Tax Authorities

2)      UK Limited Company with Bearer Shares – (Standard Email Package)

Advantages of a Bearer Share Company:-

ü       Same Advantages as a Limited by Shares Company

ü       A Bearer Share company is a company which allows Shareholders to be anonymous. The names of the shareholders are not shown on any documentation.

Requirements:-

·       Same requirements as a Limited by Shares Company

You will receive the following documents by email:

ü       Same documents as a Limited by Shares Company

ü       Letter to the Directors requesting Share Warrants

ü       Bearer Share Warrants

ü       Share Warrant Coupons

It is not possible to incorporate a Company with Bearer Shares. The company will be incorporated with a Shareholder.

The Shareholder can be you, but your name will then be recorded at the Company Registrar and also in your Company’s Register.

Immediately after incorporation we will then transfer all the issued shares to Bearer Shares.

 I hope you find the above information useful.  Please do not hesitate to contact me if you require any further information.

Event: Mediation and Arbitration are two alternate dispute resolution processes

Event Details


Time:Thursday, June 13, 2013 from 6:30pm to 9:00pm (at Bisous)
Topic:Alternative Dispute Resolution
Presented by Mr. Chan Bing Woon, SBS JP, and Mr. Dennis Cai, Assistant Secretary-General, Hong Kong International Arbitration Centre

TEN’s June 13 event is a special presentation for TEN by two distinguished guest speakers, focusing on what entrepreneurs need to know about Mediation and Arbitration.

1. Mediation to Resolve Disputes
Presented by: Mr. Chan Bing Woon, SBS JP. Chairperson of the Joint Mediation Helpline Office (JMHO), Hong Kong

and

2. Arbitration to Resolve Disputes
Presented by: Mr. Dennis Cai. Assistant Secretary-General, Hong Kong International Arbitration Centre
Every entrepreneur or business owner will sooner or later face a serious dispute situation in his or her business. By being informed and properly prepared, an entrepreneur can make smart decisions and avoid many of the serious and expensive consequences of allowing a dispute to spin out of control.  Mediation and Arbitration are two common ways of resolving disputes between two or more parties without judicial proceedings.

It is no secret that the traditional way of filing a lawsuit and then proceeding through the judicial system can be enormously expensive and take years until settlement.  In addition, even the eventual “winner” of a lawsuit may suffer emotionally, financially and in other ways over a long period of time.

Mediation and Arbitration are two alternate dispute resolution processes that are typically much faster and less costly for both sides, but are generally not widely understood by entrepreneurs.  The Hong Kong government is wisely promoting alternatives to court filings for SME’s, partly as a way to “unclog” an overburdened court system.

In this 2-part presentation, each of our guest speakers will give a presentation of his specialty.  Our speakers will explain the processes, how and when they may be efficiently used, provide examples, and suggest contract clauses. For example, by inserting a simple clause in supplier, customer or distributor agreements stipulating Arbitration in case of a dispute (thereby avoiding litigation) the wise entrepreneur can avoid possible major “headaches”, business interruptions, and high costs.

A combined Q&A session will follow immediately after the second speaker’s presentation.

for company formation in Hong Kong visit our website

Venue:Bisous
9/F., LKF Tower
33 Wyndham Street
Central District, Hong Kong
Tel: 2501-0002