Population: 7 003 700
Currency: Hong Kong dollar (HKD)
President: CY Leung
Personal income tax: 15% (max)
Corporate income tax: 16.5%.
Exchange restrictions: None.
Tax treaties: PRC, Belgium, Thailand, Luxembourg
Permitted currencies: All
Minimum authorized capital: US$1.
Minimum share issue: US$1.
Type of entity
Shelf companies: Yes.
Timescale for new entities: Six working days.
Annual fees: Yes
Minimum number: One.
Residency requirements: Nil.
Corporate directors: Yes (for private groups).
Disclosure: Listed companies only.
Bearer shares: No.
Minimum number: Two.
Public share registry: No.
Meetings / frequency: One per year.
Annual return: Yes.
Audit requirements: Yes.
Registered office: In Hong Kong
Domicile issues: Nil.
Company naming restrictions: Nil.
- Hong Kong companies are required to renew their registration on the anniversary of the incorporation of each company.