A private company with limited liability (Private Company Limited by Shares) is the most common offshore company in Hong Kong. Best uses include international trade and investments. The minimum requirements for creating a new company include: a unique name, one Director who is a natural person, a shareholder, a secretary (Hong Kong resident) and a registered office in Hong Kong. There are restrictions when doing business that requires special permission: banking, insurance and credit activities. The following are the basic requirements for registering an offshore company in Hong Kong in more detail.
The authorized share capital: the minimum share capital of an offshore company is 1 HK$. Recommended basic capital is 10000 HK$, full payment is not required.
Types of shares: ordinary shares, preference shares, redeemable shares, shares with or without voting rights. Bearer shares are not permitted.
Shareholders: for the registration of an offshore company, at least one shareholder is required, a natural or legal person, without any restrictions on citizenship. Information about the company’s shareholders is available on the website of the Hong Kong Register. Nominee services are used as a legitimate way to ensure confidentiality of the owners.
Directors: an offshore company must have at least one natural person Director, without restriction on citizenship. Information about the company’s directors is available for viewi