Community Limited Company (PLC): A company whose shares are publicly traded within the inventory Trade, allowing for the general public to be shareholders.

A lot of intricate procedures and regulations are associated with setting up a company in Hong Kong. Ensuring compliance might be a sophisticated activity, which can be the place the guidance of a seasoned corporate services provider can verify invaluable.

No matter whether It can be to save lots of money on taxes, entice traders, protect you, or Raise reputability, starting a company is likely to be the best following step to suit your needs and also the business.

No, the Hong Kong company registry is extremely successful and all formalities may be finished online.

Disclaimer: Practically nothing on this webpage shall be construed as a contractual motivation or as a warranty. Services disorders are governed via the applicable stipulations.

The Articles of Association is often amended Anytime subject for the approval of not a lot less than seventy five% of shareholders in a general meeting or through a composed resolution handed by all shareholders.

To safeguard in opposition to inadvertently committing trademark violation, it is very important to employ a name that doesn't infringe an present trademark, which can be confirmed consulting the Mental Assets Section’s Trademark Register

Deferred shareholders are entitled to less legal rights than normal shareholders, in which they only receive dividends immediately after other classes of shares are already paid out, and they may formation company have limited rights to your company’s belongings within the event of personal bankruptcy.  

Before you decide to reserve a company name check the name you would like to reserve is out there and make positive it satisfies all of our criteria for an appropriate name.

Certainly accounts must be submitted annually for the registrar of companies. SFM, by way of its companions local accountants can look after this formality for you.

Consequently, in the event of bankruptcy, pecuniary loss is confined on the extent of property or funds belonging to your company, thus keeping shareholders’ private property from bounds.

Lots of countries differentiate between general public and private limited companies. One example is, in Germany, the Aktiengesellschaft (AG) designation is for community limited companies that may sell shares to the general public even though GmbH is for private limited companies that can't concern shares.

The Companies Ordinance prescribes no bare minimum share money. Since the Modification of company legislation in March 2014, companies are not needed to established a par value for every share, therefore affording a big degree of discretion in setting the cost of shares for each issuance.

This method have to be initiated inside one business day after filing your articles of incorporation and posted when each week for two consecutive months starting within 10 days just after receipt on the notice with the newspaper.