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Company Formation

The Easiest Way to Set Up a Company in Hong Kong in 2025

2025-06-26

8 minute read

an illustration of statrys mascot holding a telescope looking at the Hong Kong flag

Setting up a company in Hong Kong should be simple. But if you’ve ever tried to follow the official guides or asked around in founder circles, you know the reality can be overwhelming, with too many forms, too many rules, and too many “what do I do next?” moments.

The good news is that starting a business in Hong Kong is more accessible than ever in 2025, and you don’t need to be a legal expert to do it right. 

This guide simplifies the Hong Kong company registration process with just the facts, key steps, and essentials you need, whether you're starting a new business or expanding into Asia from overseas.

In this article, you’ll discover:

✅ How the Hong Kong company formation process really works (in plain English)

✅ What every founder needs to get started, from documents to deadlines

✅ How to open a business bank account

✅ Curated list of helpful resources and guides for everything related to business in Hong Kong

✅ Why thousands of global entrepreneurs still choose Hong Kong, and what’s changed for 2025

If all of this sounds good to you, let’s get started!

The Easiest Way to Set Up Your Hong Kong Company

Statrys offers everything you need in one company formation package – 100% online.

Smiling man holding a Certificate of Incorporation and giving a thumbs-up, representing successful company registration.

Hong Kong Company Formation at a Glance

Before we jump into the details, here’s a quick overview of what you’ll need and what to expect when setting up a company in Hong Kong.

The process is straightforward and can be completed in just a few working days, even if you’re not based in Hong Kong. Here’s what the process will look like:

Key Steps to Registering a Company in Hong Kong

  1. Choose your company type and name
  2. Appoint at least one director and one shareholder
  3. Designate a Hong Kong-based company secretary
  4. Secure a registered office address in Hong Kong
  5. Prepare required documents (identification, Articles of Association, application forms)
  6. Submit your application and pay the government fees
  7. Receive your Certificate of Incorporation and Business Registration Certificate
  8. Open a business bank account and complete post-registration compliance

Next, let’s take a look at the typical costs and timelines. 

Typical Costs and Timelines for Company Formation in Hong Kong (2025)

Item Cost (HKD) Processing Time
Incorporation fee (online application) 1,545 1 hour – 2 business days
Incorporation fee (paper application) 1,720 3 – 6 business days
Business Registration Certificate (1 year) 2,200 30 mins – 2 business days
Business Registration Certificate (3 years) 6,020* 30 mins – 2 business days
Company secretary & registered address 4,000–8,000+ / year N/A
Total expected cost (using a provider) 7,700–10,000+

*The total fee for the Business Registration Certificate includes a levy of HKD 300, which may be reduced for companies that apply for business registration under simultaneous business registration applications from 1 April 2024 to 31 March 2026.

 Step 1: Choose Your Company Type

The first real step in the registration process is choosing your company structure. This decision is crucial, as it will influence how you name your company, your tax obligations, the flexibility you have in running the business, and the extent of your legal liability.

Here are the 3 main business structures in Hong Kong.

  • Private Limited Company: This type of company is owned by a limited number of shareholders and cannot raise capital by selling shares to the public. The company must file an annual profits tax return with the Hong Kong Inland Revenue Department (IRD), reporting its income and paying corporate tax. This structure is the most popular and common legal entity in Hong Kong because of its limited liability, share-based structure, and convenient share transfer process.
  • Sole Proprietorship: A business that is owned and operated by a single individual. The owner must file an annual tax return under personal income tax. It’s a low-cost option but offers no liability protection.
  • Partnership: A business entity that is formed by two or more individuals who agree to share the profits and losses of the business. Each partner is required to declare their share of the profits on their personal tax return. The most common form is a General Partnership, where all partners share liability equally unless stated otherwise in a partnership agreement.

Step 2: Choose Your Company Name

Choosing a company name is a critical part of the incorporation process. If the Hong Kong authorities do not approve the name, you may have to restart the entire application process. The name must follow the Companies Registry’s rules and must not be identical to any existing registered name in Hong Kong.

The company name should:

  • Be in English, Traditional Chinese, or both, but you cannot mix the two languages within the same name. For example, Global Trading 有限公司" would be rejected, while “Global Trading Limited” or “環球貿易有限公司” would be accepted.
  • Names cannot be reserved in advance, and their availability can change quickly. You should prepare at least 2–3 backup options.
  • May be rejected if they are too similar to existing names or deemed offensive.

How to Check for Company Name Availability

To check whether your desired name is available, use the e-Search Services on the Companies Registry’s e-Services Portal or visit the e-Services Centre in person on the 13th floor of the Queensway Government Offices. This name search service is free of charge.

Use the "Exact Name Search" function, and be sure to input your intended company name in full, including:

  • All punctuation marks and spaces
  • Ending terms such as “Limited”, “Company Limited”, “有限公司”, “公司”, etc.

Only English or traditional Chinese characters should be used in your search. Inputting simplified Chinese characters or other languages may return inaccurate results or “no matching record found.”

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Tip: If you're also planning to register a trademark, check the name availability using the Hong Kong Trademark Search System.

Step 3: Appoint a Company Secretary

It is mandatory for all companies in Hong Kong to appoint a local company secretary when registering your company, as they are the main point of contact with local authorities and play a key role in keeping your business compliant with regulatory obligations.

Most businesses choose to hire an outsourced company secretary. While that’s common, it adds an extra cost on top of government fees. That’s why the easier and often more cost-effective option is to use a professional service that handles both company registration and secretarial services in one package.

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Eligibility and Responsibilities of a Company Secretary

Step 4: Choose a Registered Address

Your registered office address is where government departments will send all official correspondence. It must be accessible to your company secretary, who handles legal documents and government notices. That’s why many companies use their secretary’s address as the registered office.

If you do not have a physical office in Hong Kong, you can opt for a service provider that provides a registered business address or virtual office services to receive mail and packages without needing to rent office space. Just make sure the address is a physical location and not a P.O. Box.

It’s also important to note that certain business activities and industries, like food and beverage, may not be eligible to use a virtual office for their registered address.

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Important: If you change your office address, ensure that you fill in the NR1 Form and notify the relevant authorities to prevent missing important correspondence.

Ready to Register Your Company in Hong Kong?

Statrys takes care of your company secretary and registered address. No need to find separate providers.

A woman holding a Certificate of Incorporation for a Company Registered in Hong Kong.

Step 5: Prepare Incorporation Documents

In Hong Kong, the company incorporation process is streamlined, with a clear set of required documents outlined by the government. 

Here are the required documents for company incorporation: 

  • Identification Documents: Copies of the identification documents for the directors, shareholders, and company secretary, typically Hong Kong ID cards for Hong Kong residents and passports certified by a Certified Public Accountant (CPA) for foreigners.
  • Articles of Association: A document outlining the company’s internal governance rules, such as director appointment and financial management. It also includes information on the share capital amount. 
  • Proof of Address: Documentation confirming the residential addresses of directors and shareholders, such as recent utility bills issued within the last three months.
  • NNC1 or NNC1G Form: These are company incorporation forms that require information like the proposed company name, the nature of the business, and the director’s information. The NNC1 form is used for companies limited by shares, while the NNC1G is for companies that are not limited by shares.
  • IRBR1 Form: A notice that will be sent to the Business Registration Office to indicate your business registration details, mainly whether you choose a 1-year or 3-year certificate. 

The forms can be found and downloaded on the Companies Registry's official website. The website also provides examples of Articles of Association, including a simplified form and model articles for private limited companies.

If you're registering your company online, you don't need to download the NNC1, NNC1G, or IRBR1 forms. Simply fill in the required information on the website, and these documents will be automatically generated.

Step 6: Submit Your Application

Once you have prepared all the necessary information and documents, you can submit the incorporation documents in one of the following ways:

  • Online submission through the e-Registry Portal
  • Send by mail to the Companies Registry’s address at 14/F, Queensway Government Offices, or
  • In person at the Shroff Counters at the Companies Registry office.
A photograph of Nestor Garcia, head of company creation services at Statrys, standing next to the companies registry office entrance in Hong Kong

You’ll know you’re in the right place when you see this sign. 

Step 7: Receive Your Certificates

Once the application is approved, you will receive two documents evidencing your company's incorporation. If you apply online, the certificates will be issued electronically within one hour. For applications made in person or by mail, hard copies will be delivered within four business days. Both formats hold equal legal validity. 

Those documents are:

  1. Certificate of Incorporation: Issued by the Companies Registry once at the time of company formation, this document serves as official proof of your company’s legal existence and remains valid during the entire lifetime of the company.
An example of a certificate of incorporation
  1. Business Registration Certificate: This is issued by the Business Registration Office (part of the IRD) to confirm your company is authorised to conduct business in Hong Kong. Valid for one or three years, the BRC must be renewed annually within one month of your company’s incorporation anniversary to avoid penalties.
Example of a Business Registration Certificate with the highlighted Business Registration Number
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Important: Once you have registered your business, you must display your Business Registration Certificate at your place of business.

What to Do After Registration

Once your Hong Kong company is officially registered, there are a few critical steps you must complete to ensure your business is fully operational and compliant with local regulations.

One of the first tasks after incorporation is to issue a share certificate to each shareholder. This certificate serves as formal proof of ownership and must be signed by the company’s authorised officers. If your company has adopted a common seal, it should also be stamped accordingly. This is typically handled by the company secretary and should be completed promptly as part of the company’s statutory records.

Below is a checklist of the other most important post-registration actions to take:

1

Open a Business Account

Once your company is incorporated, the next step is to open a business account to manage your company’s transactions. This account is essential for sending and receiving payments, issuing invoices, and preparing for future audits.

Opening a business account in Hong Kong typically requires the following:

  • Business registration documents
  • Identification documents for directors and shareholders
  • Proof of business operations (such as contracts, invoices, or a website)
  • In some cases, a business plan or details of your source of funds

Traditional banks often require an in-person meeting, which may delay your operations, especially if you're not based in Hong Kong. Some businesses may wait 2–4 weeks or longer to complete this process.

To save time, you can work with a service provider like Statrys, which helps newly registered companies apply for a multi-currency business account remotely. This option is especially useful for overseas founders and SMEs that want to avoid unnecessary delays.

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Important: Business account approvals are subject to eligibility and review by the account provider. Make sure all your incorporation documents are in order before applying.

2

Maintain a Significant Controller Register (SCR)

Under the Hong Kong Companies Ordinance, every company registered in Hong Kong must maintain a Significant Controller Register (SCR). This register identifies any individual or legal entity that holds significant control over the company, typically more than 25% of shares or voting rights.


The SCR must be kept and displayed at the company’s registered office (or another authorised location) and made available to law enforcement upon request. You are also required to appoint a designated representative to assist with SCR-related matters and liaise with authorities if needed.

3

Set Up Accounting, Bookkeeping, and Audit

After incorporation, the Companies Registry will automatically report your company's existence to the Inland Revenue Department, so you don’t have to do everything twice.

However, it is your responsibility to keep up with your financial reporting. Typically, your company secretary should handle your reporting and tax notifications, as well as communicate with you on this matter, depending on the level of service your company secretary provides. 

For more information and updates regarding the rules and regulations for tax in Hong Kong, you can check this guide to the Hong Kong tax system and the Hong Kong Government’s website.

Key Compliance Deadlines for Hong Kong Companies

Once your company is registered, staying compliant with local regulations is essential. Here are the main deadlines you need to be aware of:

Compliance Task Description Due Date / Frequency Who’s Responsible
File Annual Return (NAR1) A summary of company info: directors, shareholders, secretary, and share capital. Within 42 days after incorporation anniversary Company Secretary
Renew Business Registration The Business Registration Certificate must be renewed before expiry. Annually or every 3 years, 1 month before expiry Director or Secretary
Hold Annual General Meeting (if required) Private companies may be exempt, but if applicable, must hold it to approve financial statements. Within 9 months after financial year-end Director or Secretary
Prepare Audited Financial Statements Required for tax filing and keeping company records up to date. Annually, typically after financial year-end Company & Auditor
Submit Profits Tax Return Submit to the IRD along with audited accounts. Within 1 month from the issue date Directors/Accountant
Employer’s Return (Form BIR56A) If you have employees, you must report remuneration to the IRD. Every April Employer

Can Foreigners Register a Company in Hong Kong?

Yes, foreigners can register a company in Hong Kong, and the process is relatively straightforward. Many of the procedures are the same as those for local entrepreneurs. However, certain considerations can make the process more challenging for non-residents, including having a registered business address in Hong Kong and appointing a Hong Kong-based company secretary.

Here are some of the most frequently asked questions I receive from foreign entrepreneurs looking to set up their businesses in Hong Kong.

Do I Need a Physical Office?

No. Hong Kong law does not require businesses to have physical office space. What is required, however, is a registered business address. This is the address where official correspondence from the government and tax authorities will be sent.

For foreign business owners, using a virtual office or partnering with a service provider is a popular option. These services provide a local business address and mail forwarding services.

Can I Register Remotely?

Yes. You can set up a Hong Kong company entirely online without visiting in person. The process is accessible to international founders through digital systems and service providers. This flexibility is one of the reasons why Hong Kong remains a popular destination for international entrepreneurs, freelancers, and investors.

What Are the Visa/Residency Requirements?

You don’t need a visa or residency to register a company. All you need is a valid passport and proof of address.

However, if you plan to live or work in Hong Kong, you’ll need an Investment Visa (for owners/investors) or an Employment Visa (if hiring or working in your own company). Processing can take a few weeks, so plan ahead if needed.

DIY vs Service Provider: Which Should You Choose?

Choosing whether to register your company yourself or work with a professional company formation service provider depends on your experience, available time, and comfort with legal documentation.

Here’s a side-by-side comparison:

Factor DIY Approach Using a Service Provider
Cost Lower upfront costs (government and registration fees only), but you’ll need to arrange and pay separately for a company secretary, registered address, and other required services Higher upfront cost, but typically includes a bundled package covering incorporation, company secretary, registered address, and ongoing compliance support
Time Required High – must handle all paperwork Low – handled for you
Error Risk Higher – if unfamiliar with forms Lower – experts review documents
Secretarial Services Must arrange separately Often bundled in
Support None unless you hire help Ongoing guidance and compliance help

If you're confident navigating government systems and handling paperwork, the DIY route can save money. However, for most founders, especially those based overseas, a hassle-free registration service like Statrys offers a more efficient and reliable way to complete the Hong Kong company registration process.

Further Reading & Resources

If you want to dive deeper into company setup and business management in Hong Kong, explore these additional guides from Statrys. Each resource is designed to help you understand your options, avoid pitfalls, and make confident decisions at every stage.

Topic What You’ll Learn
Opening a Business Bank Account in Hong Kong [2025] Process, requirements, and what to expect when opening a business account
Offshore Tax Exemption in Hong Kong: How It Works & How to Qualify Eligibility rules, process, and benefits of offshore tax exemption in HK
Hong Kong's Corporate Tax Rate in 2025: A Beginner's Guide Current tax rates, key rules, and tax obligations for new companies
How to Set up an Offshore Company in Hong Kong in 2025 Step-by-step guide to offshore company formation and compliance
5 Best Company Incorporation Services in Hong Kong in 2025 Comparison of the best incorporation services, features, and pricing
Hong Kong Company Directors: Duties & Requirements Legal duties, eligibility, and ongoing obligations of company directors

Conclusion

Setting up a company in Hong Kong doesn’t have to be complicated, especially in 2025. By following the steps in this guide, you can avoid common mistakes, stay compliant, and get your business off the ground with confidence. 

If you'd rather not go it alone, using a trusted service provider like Statrys can save you time and stress. With bundled packages that include incorporation, a registered address, and company secretary services, you’ll have everything covered from day one.

Your all-in-one package includes:

  • Company registration with all filings and government fees
  • One year of company secretary service
  • Registered office address for one year, including mail scanning and forwarding
  • 24/7 access to your company portal
  • A fast-track business account application (subject to approval)
  • Discounted renewal rate

We’ll make sure everything is in place so your business is ready to get up and running.

Ready to Register Your Company in Hong Kong?

Statrys offers everything you need to incorporate in Hong Kong, and to open a business account—100% online.

Illustration of a hand signing a document with a blue pen, symbolising agreement, contract signing, or official company registration.

FAQs

What is the minimum capital for a company in Hong Kong?

In Hong Kong, there is no minimum capital requirement for establishing a company. Many businesses start with a share capital of HKD 1, represented by a single share.

Can a non-resident register a company in Hong Kong?

How long does business registration take in Hong Kong?

Is it cheaper to register a company in Hong Kong yourself?

What do you need to do to set up a company in Hong Kong?