| General Information |
| Company Law | Companies Ordinance, Cap. 32 |
| Type of Company | Private Company limited by shares |
| Language of Legislation and Corporate Documents | English, but Chinese characters may be added, if desired |
| Taxation of Foreign Profits | Nil |
| Exchange Controls | None |
| Length of Time to Incorporate | Approximately two weeks |
| Shelf Companies Available | Yes |
| Corporate Names |
| Name Restrictions | Names identical, similar or offensive words |
| Endings and Abbreviations Required | "Limited" word must be used completely |
| Length of Time to Verify Name Availability | One working day |
| Reservation of Names Permitted | Yes |
| Language of Name | English, but Chinese characters may be added, if desired |
| Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license | Yes |
| Capital and Shareholders |
| Minimum Number of Shareholders | Two |
| Local Shareholders Required | No |
| Corporate Shareholders Permitted | Yes |
| Disclosure of Shareholders | No |
| Minimum Authorized Capital Required | HK$1,000 (US$129) |
| Bearer Shares Permitted | No |
| Registered Shares Permitted | Yes |
| No Par Value Shares Permitted | No |
| Directors and Officers |
| Minimum Number of Directors | Two |
| Qualifications of Directors | Legal age |
| Officers Required | Company Secretary |
| Corporate Directors/Officers Permitted | Yes |
| Local Directors/Officers Permitted | No |
| Appointment of Subsequent Directors/Officers | Memorandum and Articles of Incorporation |
| Meetings |
| Annual General Meeting of Shareholders Required | Yes |
| Annual General Meeting of Directors Required | Yes |
| Location of Directors and Shareholders Meetings | Anywhere |
| Adoption by Consent Permitted | Yes |
| Quorum required for purposes of meetings | Memorandum and Articles of Incorporation |
| Local Requirements |
| Qualified Registered Office/Agent | Yes |
| Government Register of Shareholders | Yes |
| Government Register of Directors/Officers | Yes |
| Government Register of Charges | Yes |
| Register of Directors/Officers to be kept at Registered Office | Yes |
| Company Seal Required | Yes |
| Copy of Minutes to be kept at Registered Office | Yes |
| Copy of Share Register to be kept at Registered Office | Yes |
| Annual Requirements |
| Minimum Annual License Fee or Franchise Tax | HK$2,250 (US$300) |
| Annual License Fee or Franchise Tax Due Date | June 30th |
| Applicable Surcharges | 10% |
| Requirement to File Annual Returns | Yes |
| Requirement to Submit Annual Audited Accounts | Yes |
| Other Relevant Information |
| Member of Apostille of the Hague Convention | No |
| Increase or Reduction of Capital | Shareholder’s resolution |
| Redomiciliation Prohibited | No |
| Reinstatement at Registry | Yes |
| Removal from Registry | Striking off, voluntary liquidation; creditors liquidation, winding up by Court |