Characteristics of an offshore company in Hong Kong

Characteristics of an offshore company in Hong Kong

Incorporation procedure
Presentation of the memorandum and articles and a prescribed form with the Registrar of Companies in Hong Kong. A notice of situation of registered office is also required to be filed within fourteen days from the date of incorporation.

Restrictions on financial transactions
We cannot undertake banking or insurance activities or solicit funds or sell shares to the public.

Power of the company
A Hong Kong company has all the powers of a physical person.

Language of legislation and corporate documents
Chinese and English 

Registered office needed in Hong Kong
Yes 

Necessary approval of the name
It is not possible to reserve a name. It is essential to check that there is no same or similar names on the register, which would prevent the company from being incorporated.

Availability of a shelf company
Yes 

Duration of establishment of society
7-30 days 

Restrictions on names
A name that is similar or identical to an existing company. A name that constitutes a criminal offense or is contrary to the public interest. A name that gives the impression that it is connected with the government of the RPC, the HKSAR Government or ministries of both governments.

Names Requiring Consent or License
Building Society, Chamber of Commerce, cooperation, Kaifong, transit, municipal, savings, tourist association, trust, trustee, underground banking, insurance, insurance, reinsurance, etc.

Suffixes to denote limited liability
Ltd