PLANNING TO SET UP A HONG KONG COMPANY?

We provide a range of all inclusive company incorporation packages to help you quickly set up your company without leaving home…. or by attending a short meeting at our office if you prefer.

Our incorporation packages include everything you need to get your business started including free advice on setting up your company, all government fees, company secretarial and registered office services for the first year plus complimentary help with opening your bank account.

PACKAGE INCLUDES	COMPANY SECRETARIAL PACKAGE  USD895 (or HKD6,980)	BUSINESS ADDRESS PACKAGE  USD1095 (or HKD8,540)	VIRTUAL OFFICE PACKAGE  USD1,695 (or HKD13,220)
Advice on how to incorporate a company in Hong Kong.
Preparation of the company incorporation documents for your signature.
Payment of the Hong Kong Government company incorporation fee (HKD1,720) and the first year’s business registration fee (HKD250).
Provision of electronic copies of the company registration documents and one set of CPA certified true copies.
Provision of the company kit including 10 copies of our standard Articles of Association, share certificates, minute book, company seal and company stamp.
Complimentary help with opening your bank account including guidance on the right choice of bank for your company and advice on the account opening requirements.
Provision of a licensed Company Secretary for one year including preparation of “Form NAR1 – Annual Return”.
Preparation of the Significant Controllers Register and provision of a designated representative to maintain the register for one year.
Use of our office address as your company’s registered office address for one year for receipt of mail from the Hong Kong Government such as government notices and tax returns.
Use of our office address for receipt of your business mail for one year (mail can be collected at any time during office hours or will be forwarded to you monthly by regular mail).
Provision of a dedicated telephone number for your company with telephone answering and message taking service for one year (the callers message will be forwarded to you by email).
OUR FEE	USD895 (or HKD6,980)	USD1,095 (or HKD8,540)	USD1,695 (or HKD13,220)

PACKAGE INCLUDES	COMPANY SECRETARIAL PACKAGE USD895 (or HKD6,980)	BUSINESS ADDRESS PACKAGE USD1,095 (or HKD8,540)	VIRTUAL OFFICE PACKAGE USD1,695 (or HKD13,220)
Advice on how to incorporate a company in Hong Kong.
Preparation of the company incorporation documents for your signature.
Payment of the Hong Kong Government company incorporation fee (HKD1,720) and the first year’s business registration fee (HKD250).
Provision of electronic copies of the company registration documents and one set of CPA certified true copies.
Provision of the company kit including 10 copies of our standard Articles of Association, share certificates, minute book, company seal and company stamp.
Complimentary help with opening your bank account including guidance on the right choice of bank for your company and advice on the account opening requirements.
Provision of a licensed Company Secretary for one year including preparation of “Form NAR1 – Annual Return”.
Preparation of the Significant Controllers Register and provision of a designated representative to maintain the register for one year.
Use of our office address as your company’s registered office address for one year for receipt of mail from the Hong Kong Government such as government notices and tax returns.
Use of our office address for receipt of your business mail for one year (mail can be collected at any time during office hours or will be forward to you monthly by regular mail).
Provision of a dedicated telephone number for your company with telephone answering and message taking service for one year (the callers message will be forwarded to you by email).
OUR FEE	USD895 (or HKD6,980)	USD1,095 (or HKD8,540)	USD1,695 (or HKD13,220)

If you need any advice on how to set up your company please email us at info@acshk.com 

If you’re ready to set up your company please take 5 minutes to complete our ONLINE INCORPORATION FORM to start the process.

WHAT’S THE PROCESS?

We offer a simple and hassle free incorporation process:

Step 1 – when you are ready to set up your company please take 5 minutes to complete our ONLINE INCORPORATION FORM . You will need to provide your intended company name, select which of our incorporation packages you will use, provide brief details of your company’s intended business activity and provide details of each shareholder and director.

Step 2 – we will check the availability of your company name, clarify any issues with you and provide our payment details…. payment can be made by bank transfer, credit card or PayPal.

Step 3 – we will prepare your company incorporation documents for your signature within 2 hours of receipt of your payment.

Step 4 – you can either visit our office to sign your company incorporation documents or we can email the documents to you for your signature and return to ourselves.

Step 5 – we will submit your original signed incorporation documents to the Companies Registry and your company will be incorporated within 5 working days of submission.

WHAT ABOUT OPENING A BANK ACCOUNT?

All our incorporation packages include complimentary help to assist you to open an account for your company.

There are 2 options to consider for your company’s banking in Hong Kong:

a traditional bank account – you will need to complete an online application and then attend a meeting at the bank in order to open an account for your company…. some banks will however open accounts without requiring a meeting if the company has fewer than 2 shareholders and if the bank deems the nature of the company’s business activity is low risk. The account opening process with most banks usually takes around 2 to 4 weeks.

a multi-currency business account with a FinTech company (also known as a digital bank or neo-bank) – account opening is entirely online with no meeting required. Accounts are usually opened within 2 to 3 days.

We will propose a choice of banks and FinTech companies best suited to your company’s business activity, advise on the account opening requirements and provide certified true copies of your company registration documents which you will need to provide to the bank or FinTech company when your company applies to open an account.

If you need advice on where to open an account for your company please email us at info@acshk.com with brief details of the products or services provided by your company and we will be pleased to suggest some options suitable for your business.

PACKAGE TERMS

(1) All our incorporation packages are provided on the basis that we are appointed company secretary and provide the registered office address for your company.

(2) Hong Kong’s Anti-Money Laundering regulations require us to verify the identity and residential address of each shareholder and each director of the new company prior to incorporating the company. To enable us to comply with this requirement each shareholder and each director must present their passport if they visit our office to incorporate the company or they must provide a selfie of themselves holding the photo page of their passport if the company is incorporated without visiting our office. We also require each shareholder and each director provide a copy of a utility bill or bank statement dated within the last 60 days showing their current residential address. 

(3) Our incorporation packages include a complimentary consultation to include advice on the choice of bank for your new company based upon the intended activity of your company. We will provide details of the account opening process and outline the information you will need to provide to the bank. We will provide a link to the banks website for you to complete your online account opening application which will require you to provide details of your company’s intended business activities, provide your personal details including details of your business experience, upload a copy of your passport and upload a copy of your new company registration documents. Our package fees do not include a review of your account opening application or your supporting documents prior to submission to the bank although this service can be provided for an additional charge. We cannot communicate with the bank on your behalf as banks will only liaise with the company owners and directors. The decision whether to open a bank account for your company is the banks commercial decision and cannot be influenced by ourselves. Whilst we will propose banks we believe will provide banking services to your company we can accept no responsibility or any claim for any loss should any bank we introduce delay or decline to open an account.

(4) Our incorporation packages include one set of CPA certified true copies of the company registration documents (to include the Certificate of Incorporation, Business Registration Certificate, Articles of Association, Form NNC1, Company Particulars Search and the Directors Declaration) required by the banks in order to open a bank account.

(5) Our incorporation packages include the incorporation of a company with up to two shareholders and up to two directors. If the company has more than two shareholders or more than two directors an additional fee of USD150 per each additional shareholder or director will be added to the first year package fee to cover the cost of preparing documents for the additional shareholder and director. If the shareholder of the new company is a company an additional fee of USD150 will be added to the first year package fee to cover the review of the corporate documents of the shareholder.

(6) Our incorporation packages include the preparation of the “Form NAR1 – Annual Return” due for filing at the Companies Registry no later than 42 days after the anniversary of the incorporation date. We will attend to the filing subject to us being retained as the Company Secretary on the anniversary of the incorporation date and there being no outstanding fees due to ourselves.

(7) Our incorporation packages do not include any advice or assistance with completion of FATCA and / or CRS documentation.

(8) Our incorporation packages do not include disbursements such as courier charges and postage. A refundable security deposit of USD150 will be held by ourselves to cover future disbursements or any fines that may be levied against your company. The deposit is refundable (net of any disbursements or fines) in the event our services are no longer required.

(9) Our incorporation packages do not include accounting and tax filing services however these services can be provided for an additional fee based upon the number of transactions entered into by your company and whether the supporting records are complete and properly organised. We will quote our fee following a review of your company’s accounting records at the end of the accounting year. We can also provide an estimated fee if you can provide an estimate of your company’s transactions each year.

(10) The renewal fees for the annual services provided in our incorporation packages are Company Secretarial Package – USD525 per year, Business Address Package – USD725 per year and Virtual Office Package – USD1,325 per year payable from the 2nd year. Our renewal fees exclude the Hong Kong Government business registration fee and disbursements such as courier charges, photocopying and filing fees.

(11) Our services will commence upon receipt of full payment in advance. Fees are non-refundable under any circumstance once the provision of service has commenced.

(12) The provision of services is governed by our standard Services Agreement. A copy is available on request.