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What are the differences between the registration of a Hong Kong company in the name of an individual and a legal person?

Released Date: Apr 21,2022 Article Source: HUANZE

When registering a company in Hong Kong, many customers will consider to register in the name of an individual or in the name of a legal person, no matter what kind of name registered Hong Kong company is not much difference.

inHong Kong incorporated companyWhen, many customers will consider to register in the name of an individual or a legal person, no matter in which name registered Hong Kong company does not make much difference. The only difference between the two is that the information provided during registration will be different.

Hong Kong incorporated companyIf the shareholder is a company, it is required to provide a copy of the company's business license (note: it needs to trace back to the actual controller's personal data);If the shareholder is an individual, you need to provide a copy of your ID card and address proof. The proof of address is the water, electricity, gas bill or credit card bill within the last three months (the bill must show the name of the shareholder, the full address, the date of the bill, the bank information, choose one of them).

In addition,Hong Kong incorporated companyAfter. A company registered in the name of an individual,Corporate dividends are distributed to individual shareholders' offshore accounts; Hong Kong company registered in the name of the company, if there is a foreign investment record before the investment, later company dividends can be divided back to the domestic company and domestic company corporate income tax merger, if the domestic company is in the red, can make up for some losses.

What are the differences between the registration of a Hong Kong company in the name of an individual and a legal person?

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