Registering in Hong Kong
We are delighted to gain your interest in company formation. Interest in such only follows individual or group success; congrats!
Everything you need to know
Income Tax is 0% for foreign income as Profits tax is not applicable to profits whose source is outside Hong Kong
Registration is finalized in a day
Any nationality can register outside of North Korean and Iranian
You are not required to visit and you may use your own banking
What is the process?
The Specifics
We establish private limit companies. It's the optimal setup, superior to a non-profit or sole trader. We need to know
1) The name of the company
2) Number of Directors & Shareholders
3 )And whether you need accountancy services
Share Information
After we have all the variables fixed, we will reach out directly to acquire the information of the directors/shareholders.
Leave it with us
It is that simple. A member of our team will create a shared folder and an open line of communication to inform you when your company is registered.
Compete Establishment Package Includes
Our establishment package includes everything from Postal Address to Company secretary.
The only variable cost will be if you decide to use our accountancy team and then continue to use the postal address in the coming year.
Why work with us?
Establishing a somewhat unknown tax heaven raises many questions; clients typically want to discuss their unique situation with a native English-speaking representative. We provide this 24/7 support. Additionally, your business is your baby; you want it established once with no errors. We guarantee establishment will be done right the first time, acting as establishment insurance for you.
What are our clients saying about us?
100% of Freedom Formations clients were glad they used us to maximize their economic and geographical freedom
Excellent
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4.8 out 5 based on 10 reviews
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I am a US citizen. I was looking for the best company structure to help me accomplish my dream of living in Europe. FF helped me acquire my Irish passport (my Grandparents are Irish) to gain EU citizenship; from there, the process was straightforward. Very happy with the service.
Brian Williams
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Flawless experience, perfect setup - What a fantastic experience working with the team of Freedom Formations. All the steps required to set up your company and benefit from the incredible tax benefits were laid out and prepared to the T. All steps needed were explained carefully and thanks to the guidance of Yordan and Maria the only care I had was being on time and placing my signature on the various paperwork.
If you have a (online) business, this is a no-brainer to do.
Jan
I was unsure of where to register my company and I was over paying taxes. I am glad I came across Freedom Formations and they gave me the information I was looking for and they got me set up right away.
Asher Kennedy
A Game Changer for Businesses
I recently teamed up with Freedom Formations and was genuinely impressed. They offer a smart way for EU business owners to cut their tax rates to just 10%, all while giving you the freedom to choose where you live. It's a big promise, but they actually deliver, focusing on both financial savvy and lifestyle freedom.
If you're looking to optimize your taxes without being tied down to one location, Freedom Formations could be worth a look. They blend professional tax expertise with a genuine understanding of the entrepreneur's need for flexibility and simplicity.
Harry Battersby
Packages
Once deposit is paid a member of team will reach out immediately.
Complete Establishment Package
Hong Kong
€2,495
Registered in one day
Registered Address
Company Secretary
Significant Controller Register
First Written Resolution
Certificate of Incorporation
Business Registration
AGM Declaration (Director & Shareholder)
Share Capital Declaration Form
Annual Return Reminder Notification
Banking
Complete Establishment Package
HK & Accountancy
€200 p/m
Everything from the other package plus annual accountancy
Frequently Asked Questions
How fast can the company be ready?
What is the process behind the scenes?
You will need to submit the incorporation form NNC1 to the Companies Registry. You should report the following 6 points when forming a new company in Hong Kong.
i. Proposed company name
ii. Registered business address of the company
iii. Name and address of the director
iv. Name and address of the shareholder
v. Name and address of the company secretary
vi. The total amount of share capital
Can I change the name of the company after incorporation?
Yes. We can help you to prepare the documents needed to file a name change request to Companies Registry with minimal cost. In about two weeks, the name change certificate and a new/updated Business certificate will be issued and we’ll happily forward it to you.
Should I be in Hong Kong to set up an offshore company?
We can arrange the registration remotely. No visit is required.
Do I need to visit Hong Kong to register?
No, everything is done online.
I am a foreigner. Can I still set up a company in Hong Kong?
Yes. Foreigners can have full ownership (100%) of an offshore company in Hong Kong whilst being the sole director and shareholder. To start the process, we will need to have a copy of your Passport and residential address proof. Residential address proof can be a personal bank statement, utility bill or a phone bill.
Is there any restrictions on the nationality of the director and shareholder?
The HK government welcomes people from all over the world to register a company in Hong Kong. However, the processing time may vary. We recently observe that the Government needs extra time, around 2 – 3 business days, to approve applications from the UAE, Morocco, and the Philippines.
What are the minimum requirements for Hong Kong company formation?
Foreigners should note that the company must have an HK registered office address and a company secretary who is a Hong Kong resident or a Hong Kong corporate.
Are there any restrictions on language in a Hong Kong company name?
Yes. A Hong Kong company name must either be in English letters or Chinese characters.
Can the last word of the English company name be “Ltd” or “LLC”
No. Hong Kong Companies Ordinance entails the English company name must end with “Limited”. Even “Ltd’ will be considered as “Limited”.
Can I change the name of the company after incorporation?
Yes. We can help you to prepare the documents needed to file a name change request to Companies Registry with minimal cost. In about two weeks, the name change certificate and a new/updated Business certificate will be issued and we’ll happily forward it to you.
What is the minimum share capital of a Hong Kong limited company?
A Hong Kong limited company shall have at least one share, while the norm in Hong Kong is to have 10,000 shares with HK$10,000 share capital. All shares must be paid up and issued to company shareholder(s).
Can I change the shareholder structure of my company?
Yes. You can increase the share capital by alloting new shares to existing or new members. You can also transfer the shares to any other party any time after the company is registered. We can help you prepare the paperwork and submit it to the Inland Revenue Department. Please contact us for more details.
How do I maintain a Hong Kong limited company?
The company must renew its Business Registration Certificate (US$290) annually and file the Annual Return (NAR1 Form) (US$15) every year. Our team will remind you of the important dates during the year, so you can focus on developing your business.
What do I receive after the company formation?
After the company is registered, you will receive digital copies of (1) Certificate of Incorporation (2) Business Registration Certificate (3) Incorporation form NNC1 (4) Articles of Association (5) Certificate of Incumbency.
How do I open a bank account?
You need to present the bank these documents:
(1)Certificate of Incorporation
(2)Business Registration Certificate
(3)Incorporation form NNC1
(4)Articles of Association
(5)Certificate of Incumbency.
Don’t worry! All these documents are included in our incorporation package.
Is offshore profit taxable by the Hong Kong local authority?
No. Offshore company profit is not taxable in Hong Kong. If the company intends to claim offshore status, the company shall ensure it has no customers, staff, or suppliers in Hong Kong.
What information is required for company formation?
You need to have a proposed company name, a copy of the director and shareholder’s Passport and proof of address. To start, you can fill in our online application form.
What is the best way to communicate with Freedom Formations?
Send an email to contact@freedomformations.com or book a call through Calendly on the home page.
Is Get Started Freedom Formations the best company formation agent?
Yes. Freedom Fomations is made by Entrepreneurs for Entrepreneurs.
How should I start the application?
Send an email to contact@freedomformations.com.
Testimonials
"Setting up my company in Bulgaria was a breeze thanks to this outstanding agency. From start to finish, they handled every detail, making the process smooth and stress-free. Now, with my company established, I have the flexibility to live anywhere globally while enjoying the benefit of only paying 10% tax. Highly recommended!"
Stefano Tutti
Founder & CEO
"This agency is a game-changer! They guided me through the company setup in Bulgaria effortlessly. Now, with the freedom to live anywhere in the world, coupled with the advantage of a 10% tax rate, my global living dream has become a reality. Kudos to the team for their expertise and efficiency!
Adam Fitz
Business Owner
"Choosing this agency for my company setup in Bulgaria was the right decision. Their transparency and efficiency set them apart. The process was clear from the beginning, and now, with my company established, I can live anywhere globally and enjoy the perk of a 10% tax rate. Thank you for making it so straightforward!"
Elaine Wilson
Co-Founder - CMO
"Thanks to this agency, the dream of setting up a company in Bulgaria and enjoying the freedom to live anywhere in the world has become a reality. The process was not only easy but also transparent. Now, with my company in Bulgaria, I can live a global lifestyle while benefiting from a 10% tax rate. Truly a fantastic service!"
Jason Paul
Co-Founder - CEO
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