Hong Kong provides a a range of opportunities for Danish or Danish related companies doing business locally or in the region.
Setting up a company is easy and inexpensive.
Select a structure:
The most common forms of corporate structures to carry on business in Hong Kong are a limited company, branch offices of parent company or representative office.
Company Incorporation:
A company can be incorporated in Hong Kong with a capital fee of HK$1. Every company must have at least one registered shareholder. when you set up a local limited company, at least one director and one company secretary are required. There is no requirement for Hong Kong residents to be shareholders and the director can be the company’s sole shareholder. The company secretary, either an individual or corporate, must reside in Hong Kong.
Business registration:
A business registration application is required within one month of business commencement. The business registration certificate is issued by the Inland Revenue Department and is processed in 30 minutes over the counter or in two days by post.
Opening a bank account:
Before applying to open a company bank account, you must complete the registration and incorporation of the company. The process and documents required depends on the bank chosen and the type of company. Banks normally require a minimum deposit of HK$2000.
GovHK
Is the one-stop portal of the Hong Kong Special Administrative Region Government, making information and services of the public sector easier to find and use.
www.gov.hk/tc/business
Inland Revenue Department
www.info.gov.hk/ird
InvestHK
Established in July 2000, InvestHK is the department for foreign direct investment, under the policy purview of the Commerce and Economic Development Bureau of the Hong Kong SAR Government. InvestHK are responsible for attracting and facilitating foreign direct investment into the city. All InvestHK’s services are free, customised and confidential.
www.investhk.gov.hk
Labour Department
www.info.gov.hk/labour
Support and Consultation Center for Small and Medium Enterprise (SMEs)
www.success.tid.gov.hk
SME Financing Guarantee Scheme
www.hkmc.com.hk/sfgs/leaflet
Trade & Industry
To obtain information, assistance or advice on all matters relating to trade and industry, please visit the web-site of the Hong Kong Trade & Industry department and Hong Kong Trade Development Council:
www.tid.gov.hk
www.tdctrade.com
Visas & Work permits
To obtain information on visas & work permits please visit Immigration Department