Sole proprietorship or partnership company, also known as unlimited company is the fastest and simple way to start your business in Hong Kong. The followings are the basic requirements:
- A copy of Hong Kong identify card.
- Hong Kong registered office address.
- Appointment of a local agent (must be a HK resident).
The Difference between Limited and Unlimited companies
Operating business in Hong Kong under Corporation must be better than under the personal name. It gives better image and more confidence for customers. Common company categories are limited companies and unlimited companies.
Means a company which is organized by Sole Proprietorship or Partnership, and has unlimited liability to the company's debts.
By one person or more of the shareholders with the limited amount of the capital, and has limited liability to the company's debts.
Unlimited Company (Sole Proprietorship or Partnership)
1 day / 7 day
Business Registration Fee
Annual Return Filing Fee
Profit Tax Return
Yes + Financial Statement
2 Million HKD or above: 16.50%
Below 2 Million HKD: 8.25%
2 Million HKD or above: 15.00%
Below 2 Million HKD: 7.50%