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Frequently Asked Questions (FAQs)
Answers to questions about company formation procedures, required documents, and differences between limited, sole proprietorship, and other business types.
The choice of company type depends on your business scale, risk tolerance, tax arrangements, and development goals:
Sole Proprietorship / Partnership
- Suitable for startups or small businesses with simple structure and low costs. However, owners bear all debt risks without legal protection.
- Suitable for businesses with expansion plans or external financing needs. The company is legally separate from shareholders, with limited risk and better credibility.
- Mostly used for tax planning or international business structures. Note different jurisdictions have varying compliance, tax reporting, and bank account opening requirements.
Yes. Hong Kong company law has no nationality restrictions. Whether you are a mainland Chinese resident or foreigner, you can wholly own a Hong Kong limited company.
You only need to provide the following information:
- One or more directors and shareholders (can be the same person)
- Hong Kong registered address
- Company secretary (we can provide this service)
- Copy of identification documents (such as passport / ID card)
Yes. According to the Hong Kong Companies Ordinance, every Hong Kong limited company must appoint a company secretary.
The company secretary's role includes:
- Responsible for filing statutory documents (such as annual returns)
- Maintaining company statutory records
- Ensuring company compliance with regulatory requirements
Yes, all Hong Kong limited company names must include "Limited" or "有限公司" to indicate their legal status.
Examples:
- Chinese name: ABC企业有限公司
- English name: ABC Enterprises Limited