A Hong Kong Company
First, in Hong Kong, companies are incorporated in the Companies Registry which apply to every Hong Kong Company. Further, there are many different kinds of companies. However, 99% of investors set up their business by forming a “private limited company”. In addition, there are around 2,000 public companies and more than 500,000 private limited companies in Hong Kong. An investor will create a private limited company if he/she:
- Wants to limit his/her liability in the operations of business
- Desires to use a corporate vehicle as a separate legal body to conduct the business
- Wants to obtain finance from a bank using movable assets of the company
- Wants to delegate his/her authority to some management personal for them to conduct business on his/her behalf.
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