5 Best Company Incorporation Services in Hong Kong in 2024

Are you thinking of starting a business or expanding your company to Hong Kong, one of Asia's top financial hubs? Incorporating a company legally is the first step you should take, but going through all the administrative and legal requirements can be a lengthy and complex process. 

Today, many companies are offering company incorporation services to help entrepreneurs start a company in Hong Kong. These experienced service providers can guide you through the entire process – and the best part? It can be done remotely without being present in Hong Kong. 

However, with so many options, it can be tough to decide which service provider you should use. To help save you time and resources, we have compiled the 5 best company incorporation services in Hong Kong, highlighting who they’re best for, their key services, and fees. 

Let's get started. 

🔎 Note: All information provided is dated 13 November 2023 and may have been updated since. Please check each service provider's website for the latest information.

1. Statrys

Statrys is a licensed Money Service Operator (No. 19-02-02726) in Hong Kong, providing an all-inclusive remote Hong Kong company incorporation without the need to visit the country. 

Here's a quick walkthrough: You fill out a 5-minute application with essential compliance details. Statrys handles document preparation, obtains your review and electronic signature, submits to the Hong Kong Company Registry, monitors progress, ensures successful registration, and sends back official documents to you. 

After successfully incorporating the company, Statrys can assist in applying for multi-currency business accounts and payment cards for your business in Hong Kong.

Statrys also offers extensive resources for Hong Kong company formation and business operations. This includes a guide on Hong Kong businesses and company formation, along with a Company Secretary Reviews page where clients can share feedback and find the best company secretaries for their business.

Statrys Key Services

Statrys' all-inclusive package includes:

Incorporation Services

• Checking company name availability
• Preparing and submitting incorporation documents
• Providing Articles of Association
• Issuing the Certificate of Incorporation
• Business Registration Certificate (valid for 1 year)
• Supplying company chops (corporate seals)
• 24/7 access to company documents on Statrys’ online platform

Company Secretary Services

• Providing a Company Secretary (1-year term)
• Supplying a Designated Representative (1-year term)
• Handling the Annual Return filing (NAR1)
• Sending automated reminders for filing deadlines
• Maintaining the significant controller register
• Managing the statutory records
• Preparing for the Annual General Meeting (AGM)
• Accessing all your statutory records and compliance documents conveniently online, around the clock 

Additional Services

• Registered Address in Hong Kong for one year
• Mail scanning and forwarding
• Applicable online business account opening, complete with a corresponding payment card
• Document certification for business account opening
• Post-incorporation assistance to fast-track the application process for your business account

Statrys also provides support in finding the best accounting firm to handle your accounting and bookkeeping needs in Hong Kong. Simply share your accounting requirements, and Statrys will obtain quotes from various Hong Kong accounting firms for you to select from.

Statrys Fees

Statrys offers a single package for company incorporation at a fixed price of HKD 8,600, which is approximately equivalent to USD 1,099 or EUR 1,025. Government fees included. 

The package includes all the essentials required to establish a company in Hong Kong, such as incorporation services, company secretary services, and a registered address in Hong Kong, as listed above.

After successfully incorporating a company, you can apply for a multi-currency business account and both physical and virtual payment cards to use in Hong Kong, each of which has its own associated fees, which are all listed on the Statrys pricing page.

Statrys Pros and Cons

Statrys is Best For:

Entrepreneurs seeking an all-in-one, fast-track solution. If you’re looking for a comprehensive package that covers everything from company incorporation to business account applications, Statrys is your go-to. With a single package priced at HKD 8,600, it's ideal for those who prefer a straightforward, all-inclusive approach without the hassle of dealing with multiple service aspects separately.

2. Air Corporate

Air Corporate is led by founder Vivian Au, whose extensive background in major Hong Kong accounting and company secretary firms has shaped her aim to simplify entrepreneurship in Hong Kong. 

With a track record of incorporating over 1,000 companies spanning over 50 industries, Air Corporate is another great choice for Hong Kong company registration providers. 

They offer a cloud-based platform to ensure a secure and straightforward registration process, allowing you to incorporate your company remotely without the need to travel to Hong Kong. Plus, a bonus feature of online management, business account opening, and accounting tools. 

Air Corporate Key Services

• Preparation of essential documents, including the business registration certificate and statutory documents
• Access to a secure online dashboard
• Management of statutory registers
• Setting up a suitable business account
• Expert guidance on accounting

Option to include:

• Company chops
• Company secretary services for 1 year
• A registered address
• Certificate of Incumbency
• Annual General Meeting (AGM) resolutions
• Annual Returns and corporate tax filings
• Legal and tax consultation

Air Corporate Fees

Air Corporate Pros and Cons

Air Corporate is Best For:

Both Hong Kong residents and non-residents, offering cost-effective solutions. Air Corporate stands out for its flexibility in catering to both local and international clients. If you are a Hong Kong resident, their USD 90 package is an incredibly cost-effective option. For non-residents, their range of services up to USD 1,405 provides comprehensive support, making it a versatile choice for diverse incorporation needs.

3. Sleek

Sleek is ideal for those needing additional accounting and bookkeeping services. It’s a good fit for SMEs looking for comprehensive support, including incorporation and financial management, but requires upgraded plans for registered addresses and has significant price differences between its plans.

Sleek is an online corporate service provider founded by Julien Labruyere (CEO) and Adrien Barthel (CGO), who brings extensive experience from companies in Europe and Asia, as well as the ecommerce market. Sleek caters to SMEs in Hong Kong, Singapore, Australia, and the UK. 

They provide expert guidance for company formation in Hong Kong, applicable business accounts that can be opened remotely, and are equipped with accounting services. 

Their noteworthy investment backers include Jungle Ventures, White Star Capital, and EDBI, solidifying its position in the industry.

Sleek Key Services

Document preparation, including:

• Certificate of Incorporation
• Business Registration Certificate for 1 year

Unlimited company secretary service, which includes

• Designated representative
• The significant controllers register
• Statutory records management
• Annual Returns
• Annual General Meeting (AGM) documents
• Handling any changes in business details

Options to include

• A register address
• Audit service
• Accounting service

Plus, all the services are operated through the cloud.

🔎 Tip: To learn more, explore our article on Sleek vs Statrys: Company Registration Service Comparison.

Sleek Fees

Sleek is Best For:

Businesses needing integrated accounting and bookkeeping services. Sleek offers a range of services from HKD 5,299 to HKD 12,599, making it an excellent choice for SMEs that require both incorporation services and ongoing financial management. This is especially beneficial for businesses that want to streamline their financial operations alongside the incorporation process.

4. Osome

Initially, Osome operates as an online accounting and financial software firm, but they also cater to company formation in Hong Kong and Singapore.

Essentially, their range of services includes company incorporation, accounting, and secretarial tasks. They provide a platform operating in the cloud, providing support to small and medium-sized businesses, particularly those involved in ecommerce. 

Osome has served over 15,000 clients worldwide and has assisted in creating 4,200 companies to date.

Their accounting service is quoted separately from the company formation service, with in-house smart software ready to assist with bookkeeping and more. 

🔎 Tip: Osome's accounting service stands out as one of our top choices among the best bookkeeping and accounting services in Hong Kong.

Osome Key Services

• Submit and file your application with the Companies Registry.
• Certificate of Incorporation
• Articles of Association
• One-year Business Registration Certificate 
• Documents for Annual General Meeting (AGM)
• Annual Returns filing
• Administration of online share distribution and capital table
• Document storage within the Osome app
• Support for opening a Neobank account

Options to include:

• A registered address for one year
• Forwarding of documents

🔎 Tip: To learn more, explore our article on Osome vs Statrys: Company Registration Service Comparison

Osome Fees

Osome is Best For:

Continuous corporate secretary support. If ongoing administrative and secretarial support is a priority for your business, Osome's services, ranging between HKD 5,600 and HKD 7,000, are an excellent choice. Their unique offering of on-demand corporate secretary services through live chat makes them a standout for businesses seeking consistent and accessible administrative assistance.

 5. BBCIncorp

BBCIncorp is a service provider dedicated to assisting businesses in simplifying company administration tasks. 

Their services encompass company formation, banking support, and accounting in 20 countries worldwide. They serve entrepreneurs, SMEs, and professional intermediaries, distinguishing themselves with local expertise, tailored solutions, and cost-effective pricing through the use of technology and outsourced labour. 

BBCIncorp Key Services

• Preparing and submitting documentation
• Digital corporate records
• Covering all government fees for one year
• Compliance with all necessary legal requirements, including:
• One year of company secretary services
• One year of a registered address
• Significant controller register with a Designated Representative
• One set of documents certified by CPA
• Mail scanning

Options to include:

• Bank application and consultant 
• Preparation of certified corporate documents

BBCIncorp Fees

BBC Incorp is Best For:

Businesses looking for a global service provider with a local touch. With fees between USD 899 and USD 1,599, BBC Incorp is particularly suited for businesses that operate internationally or have plans for global expansion. They offer tailored solutions and local expertise across 20 countries, making them a strong contender for businesses with international aspirations or operations.

Why Set Up a Company in Hong Kong?

Whether you want to set up a company in Hong Kong or have an offshore company in Hong Kong, the appeal lies in 

• A strategic location providing easy access to Mainland China and Asian markets.
• Its status as a global financial hub, acting as a business gateway to China and beyond. Hong Kong is also the worldwide centre for renminbi trade settlement.
• Ease of doing business, with recognition as the world's third easiest country to do business by the World Bank in 2020.
• Hong Kong's favourable tax systems and rates, with a profit tax rate ranging from 8.25% to 16.5% and exemptions for foreign-sourced income. Complete ownership is granted to foreigners, and there are no sales, import, capital gain, or dividend taxes. The absence of withholding tax on distributions and payments adds to its financial allure. 

🔎 Tip: Check out the Pros and cons of relocating your business to Hong Kong for more details.

Why Use a Hong Kong Company Incorporation Services?

You might be wondering why you should pay for the service instead of doing it yourself. 

Put simply, completing all the required paperwork and staying on top of local regulations by yourself can be time-consuming and error-prone. 

Let’s explore how a Hong Kong company incorporation service can be of assistance. 

• Time Efficiency - Dealing with documentation and local regulations can take up much time, especially if you're unfamiliar with the process. Professional services make things easier by using their know-how to speed up paperwork.
• Reduce Error - Without experience, it’s possible that registering a company on your own increases the chances of making mistakes that could cause delays or legal issues. Incorporation services have experienced professionals who understand local regulations and can ensure compliance. 
• Cost Savings - While there is a cost to hiring incorporation services, it can save you money in the long run compared to the potential costs of mistakes and delays in a do-it-yourself approach. Professional services help you navigate regulations efficiently, lowering the risk of fines and legal problems that could cost more.
• Faster Business Launch - By entrusting professionals with paperwork and compliance matters, you can launch your business sooner than if you were to go at it alone. This efficient approach also frees up your time to focus on developing other aspects of your business.

What to Consider When Choosing a Company Incorporation Service? 

Each of these providers caters to different aspects of company incorporation, offering solutions that range from fast-track, all-inclusive packages to specialised services like ongoing corporate support and international expertise.

Depending on your specific business needs, budget, and operational scope, these recommendations can guide you in choosing the most suitable service provider for incorporating your business in Hong Kong.

There are several factors that you should consider before choosing an incorporation service provider. Here are some of the most important ones.

Reputation

You can assess the reputation of an incorporation service by browsing online reviews, testimonials, and ratings provided by previous clients. Notably, platforms like Google Reviews and Trustpilot are reliable sources for firsthand experiences. 

Pay attention to any complaints and observe how a company addresses and resolves those issues.

Additionally, check if they have established partnerships with reputable organisations and ensure that their business is appropriately licensed.

Overall, a wealth of reviews and a recent track record of excellent service are positive indicators.

Transparency 

Clear communication of fees and offerings is also key. A transparent service provider should list what's included and excluded in different packages, along with a breakdown of the costs and fees for each package. This allows for clear comparisons.

You should also be able to access information about the incorporation process, the documents required, the filing fees, and the turnaround time. 

Customer Support Availability 

Every business is unique, and so are its obstacles. 

While self-help resources are useful, unforeseen questions and requests, whether legal or administrative, are bound to come up. Make sure your potential match has customer service available via your preferred channel, such as phone, email, or chat, to provide guidance when needed. Understanding their average response times can also give you a sense of their helpfulness.

You should also be able to receive assistance and guidance before, during, and after the process. In other words, having access to ongoing customer services to help you maintain and grow your business is ideal.

Final Thought

Concluding our exploration, we've covered the five best company incorporation services in Hong Kong, including Statrys for its singular comprehensive package, Air Corporate for expert legal and tax guidance, Sleek for a wide range of services, Osome for unique on-demand corporate secretarial services, and BBCIncorp for its global expertise.

By considering the reputation, transparency, and customer support availability of the incorporation service, you can find the best service provider for your business needs.