BBCIncorp Hong Kong Company Incorporation Service Review [2024]

Hong Kong stands out as a prime business destination for many reasons. It allows complete foreign ownership, exempts foreign-sourced income from corporate income tax, and serves as a gateway to Mainland China and other Asian markets. Given these benefits, many people are looking to start a business in Hong Kong, with the first step being company incorporation. 

While Hong Kong is business-friendly to foreigners, setting up a company can be most effective and efficient with a partner who understands local government procedures and requirements. This is where company formation service providers come in. One such provider is BBCIncorp. 

In this article, we will examine BBCincorp's Hong Kong company incorporation services, including their features, fees, customer service, and the main pros and cons, to help you determine if they are the right choice for your needs.

Founded in 2017, BBCIncorp Limited established its presence in Hong Kong and expanded into Singapore in 2019 with the launch of BBCIncorp Pte, Ltd. The company offers a range of corporate administrative services, including bookkeeping, tax filing, and assistance with banking applications.

BBCIncorp focuses on entrepreneurs and small business owners, serving clients across more than 18 jurisdictions worldwide.

This article focuses on BBCIncorp's company incorporation service in Hong Kong. 

Choosing the right company registration service in Hong Kong involves several considerations. Here’s a quick guide to help you assess whether a provider like BBCIncorp—or another option—suits your business needs.

Key Services 

Your chosen service provider should cover all the essential aspects of setting up a company in Hong Kong. These include:

• Hong Kong-registered address: You must have a physical office address in Hong Kong for compliance reasons; P.O. Boxes are not acceptable. Some services offer addresses in prestigious business districts, which can enhance your company’s image.
• Hong Kong Company Secretary: A qualified local secretary is necessary to manage compliance with Hong Kong’s legal requirements. 
• Articles of Association: A document that outlines your company’s internal regulations and governance structures.
• Business Registration Certificate (BRC):  A document that serves as evidence of the business's official registration in Hong Kong.
• Certificate of Incorporation: A document that serves as a verification of the company's legal status.
• Maintenance of Statutory Records: Administration of mandatory company records.
• Significant Controllers Register: Ongoing maintenance of the record of individuals with substantial control over the company.
• Annual Return Filling (NAR1): An annual report that must be submitted to the Companies Registry detailing the company’s financial status and other relevant information.

Hidden Cost

It’s common for some fees to be less obvious upfront, so it’s important to ask about all potential charges. Key factors that can increase your company formation expenses include:

• Government fees
• A registered office address
• Company secretary services
• The number of shareholders covered and the fees for adding more
• Fees for changes to your company’s structure, such as removing or changing directors

Effective Customer Support

Effective customer support can greatly influence your overall experience. In this case, you especially need good support because you are handling legal documents. 

Additionally, if you partner with a provider that operates online, it's crucial to ensure you can contact them. Look for providers that offer:

• Accessibility: Make sure they provide multiple communication channels, like phone, email, and live chat, to fit your preferences.
• Response Time: Evaluate their speed in responding to inquiries and resolving issues. A provider with quick and effective support can help avoid delays and ensure a smooth registration process.

Customer Reviews

For a comprehensive understanding of how a provider’s services match your needs or the quality of their customer support, real customer reviews are invaluable. 

Reviews often highlight both the strengths and weaknesses of a service, giving you a clearer picture of what to expect. 

You might want to explore the detailed customer experiences of BBCIncorp on the BBCIncorp Trustpilot page.

They offer three packages: Basic, Essential, and Premium. 

The “Basic” package is best for businesses seeking a company set up with essential services. The “Essential” package is ideal for businesses that need a business account application service in addition to a company incorporation service. The “Premium” package suits businesses requiring high-touch services, including more extensive banking support, prompt responses, and more frequent updates.

Each package includes different features, as outlined below:

Essential Package

• Company setup within 24 hours
• Company name check
• Preparation and submission of necessary documents
• Provision of digital corporate documents
• 1 year of company secretary services
• 1 year of a registered address
• Mail scanning service
• Significant Controller Register with a designated representative
• All government fees covered for 1 year
• CPA-certified document set
• Free first-year PTR filing
• Renewal service at the same fee

Essential Package

Everything in the Basic package, plus 

• Airwallex business account with accelerated onboarding, transactions in over 130 jurisdictions, and no transfer fees in 60 locations
• Guaranteed dedicated support

Premium Package

Everything in the Basic package, plus 

• Premium banking support
• One-time fee for applications with up to 5 banks or until account approval, whichever occurs first
• Guidance on alternative solutions if the initial application is rejected
• Remote account opening
• Prompt responses, including on weekends
• Regular updates on the status of your account opening process

Additional Services

Here are some services you can add separately:

• Banking Support - For banking support beyond what is included in each package. For instance, if you select the Essential Package and wish to apply for a bank outside of Airwallex, or if you use up the support for 5 banks included in the Premium Package.
• Company search - A company search provides everything you need to know, from general information to detailed, in-depth insights about a particular company or business entity.
• Virtual Office in Hong Kong
• Hong Kong trademark registration
• Company round chop
• Documents certified by CPA in Hong Kong
• Expedite incorporation service
• Corporate documents certified by the Hong Kong Company Registry
• Corporate documents certified by the Notary Public
• Apostille on document
• One-page website for brand identity
• Brand recognition set
• Physical shipping
• Consultant on merchant account application

BBCIncorp also provides separate services like accounting and auditing, but this article only focuses on the services included in their company registration package.

BBCIncorp’s pricing is listed on their website and their online registration page in USD. The pricing is as follows:

Here’s what to expect when incorporating a Hong Kong company with BBCIncorp:

1. Register Online: On the BBCIncorp website, click "Set Up Now" in the upper right corner or "Get Started" on the package you prefer. Then, enter your basic information—name, email, and phone number.

2. Select Country and Company Type: Choose the relevant options for your company. You can also consult with BBC InCorp during this process to determine the most suitable company type.

3. Entity Name Check: Verify the availability of your chosen company name.

4. Choose a Package: If you select a package at the beginning by clicking "Get Started" on the package, this step will be skipped.

5. Add Additional Services: Choose any extra services you might need. The price for each additional service will be displayed.

6. Choose a Payment Method: Choose your payment method—Visa, Mastercard®, Amex, or Bank Transfer.

7. Prepare Documents: After completing your payment, BBCIcorp will send you a checklist of required information for Hong Kong company registration. 

8. Go through the KYC process: The BBCIncorp team will contact you to collect and verify your KYC documents. They will then guide you through preparing documents for incorporation in Hong Kong using an online form.

Once the KYC and document collection are complete, BBCIncorp will handle the rest. After your company is registered, your electronic documents will be available within 2 working days, and the original kit will be delivered to you within 3-7 days.

You can reach the BBCIncorp customer support team at:

• Website: Access BBCIncorp’s contact form and live chat directly on their website.
• Phone: +852 8192 8666 (Hong Kong) or +65 6011 8200 (Singapore)
• Email: service@bbcincorp.com
• WhatsApp: You can contact BBCIncorp via WhatsApp by clicking on the BBCIncorp WhatsApp link on their website.
• Address: Room 9, 4F, Beverley Commercial Centre, 87-105 Chatham Road South, Tsim Sha Tsui, Kowloon, Hong Kon
• Office Hours: Monday to Friday, from 9 am to 5:30 pm. Closed on Saturdays and Sundays

It's worth noting that BBCIncorp states you can expect faster responses if you choose their premium package. However, we couldn't find any information on their general or average response times.

If BBCIncorp is not the most fitting choice, consider Statrys. 

Statrys was founded in 2019 in Hong Kong as a licensed payment service provider. The company initially focused on making it easier and more cost-effective for Hong Kong businesses to send and receive money. Over time, they expanded their offerings to include company incorporation services in both Hong Kong and Singapore.

Statrys provides a comprehensive incorporation package that covers everything needed to set up a company in Hong Kong. This includes all necessary documents, a local registered address, and company secretary services for compliance.

What distinguishes Statrys from BBCIncorp is personalised support for all clients and an in-house multi-currency business account in a single package price, which ensures a seamless experience when setting up both a company and a business account in Hong Kong.