Hong Kong Company Incorporation Package #HKLLC07 - Incorporation of One Offshore Company and Incorporation of One Hong Kong Company plus Company Secretary plus Registered Office plus Corporate Bank Account

Hong Kong private limited liability company incorporation package for entrepreneurs who does not wish to have their names registered with the Hong Kong Companies Registry and achieve a higher level of confidentiality. Below is a brief description of how it works: the Belize company law does not require the registration of the particulars of director and shareholder with the Companies Registry and as the Belize company will be acting as the director and shareholder of the Hong Kong company, the general public will not have access to the particulars of the ultimate beneficiary.However, at least one individual director must be appointed for the Hong Kong Company.

1. Scope of Services of Hong Kong Company Registration Package #HKLLC07

(1) Registration of one offshore company in Belize: USD725 (originally costs USD800)

Our registration fee together with the current year maintenance fee for a Belize company with a share capital no more than US$50,000 is USD700 excluding delivery fee. In particular, the fee covers:
(a) current year licence fee
(b) current year registered agent fee
(c) current year registered office fee
(d) one company kit
(e) our incorporation service charges

(2) Hong Kong Company Pre- & Post- Incorporation : USD1,310 (originally costs USD1,385)

(a) Company registration

	Name availability check
	Preparation of articles of association of the company and other incorporation documents
	Preparation of registration forms
	Professional & Filing Fees
	Certificate of incorporation
	Preparation of compliance corporate kit, including corporate seal, share certificates, register and minutes book
	Business Registration Certificate (Sample)
	Minutes of first board meeting
	Resolution to open a bank account

(b) Corporate Secretarial Service for one year

Hong Kong Companies Ordinance requires all Hong Kong Companies to appoint a Company Secretary to handle on-going statutory compliance matters. Kaizen can act as the named Company Secretary for your Company to comply with CR requirements.

	Companies Registry (CR) Compliance Alert & Reminders
	Named Company Secretary registered with CR for 12 months
	Maintaining the statutory books, preparation of all relevant minutes for Directors?and Shareholders?meetings.

(c) Registered Office/Business Address for one year

Kaizen provides a Registered Address, which can be used for registered business address for your registration of your company. The address can be used on business cards, letterheads or any other official documents.

Whenever mails arrive, Kaizen provides notification via email and information of sender of the mails will be provided.

For every batch of mails forwarded, Kaizen will charge a handling fee of USD5 plus postage.

(3) Hong Kong Bank Account - USD400.00 (originally costs USD450)

Provide assistance to open corporate bank account with a leading international bank in Hong Kong, including preparation of certified incorporation documents as required by the bank, visiting the bank with client, forwarding Internet banking password and security device to client. Please note the bank requires at least a director or shareholder visit their branch personally for the purpose of due diligence.

Detailed Bank Account Opening ProceduresandType of Bank Account Available

Total Package Price (1) + (2) + (3) = USD2,435

2. Set-up Requirements for Formation of Offshore and Hong Kong Company

(1) Registration requirements for Belize Offshore Company

Requirements for Formation and registration of an offshore company in Belize

• Minimum 1 Shareholder + 1 Director (Optional Company Secretary)
• Shareholders may be corporations or individuals
• The Shareholder can also act as Director
• Minimum initial paid-up share capital is USD1.00
• A Registered Address and Registered Agent in Belize (provided by Kaizen)

(2) Registration requirements for Hong Kong Private Company

Requirements for Formation and registration of a Private Limited Company in Hong Kong

• Minimum 1 Shareholder (and maximum 50 shareholders) + 1 Individual Director + 1 Company Secretary
• Shareholders may be corporations or individuals
• The Shareholder can also act as Director
• The Company Secretary has to be Hong Kong resident or Hong Kong Corporation (provided by Kaizen)
• Sole shareholder and director cannot act as Company Secretary
• Minimum initial paid-up share capital is HKD1.00
• A Hong Kong Private Limited Company must have a Registered Address in Hong Kong (provided by Kaizen)

3. Step by Step Guide to Register Your Offshore and Hong Kong Company Through Kaizen

When you engage Kaizen to incorporate a Hong Kong company, please follow the procedures described below. These procedures apply to tailor-made company, that is, clients provide a name of their own creation.

Stage 1: Registration of Belize Offshore Company

Step 1: You confirm and engage Kaizen to register an offshore company by either sending Kaizen an email or fax. If so requested, Kaizen will prepare and sign an engagement letter with you. Please note we require full payment in advance before providing services.

Step 2: Kaizen issue an invoice of the fees and email the invoice to you and you arrange payment by check, bank transfer or wiring. Detailed instructions will be provided upon confirmation of order.

Step 3: You provide to Kaizen either by fax or scan and email the following materials:
(1) Proposed company name, either in English only or both English and Chinese;
(2) One photocopy of passport (only the page showing the particulars of the holder) and residential address of each shareholder; if shareholder is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
(3) One photocopy of passport (only the page showing the particulars of the holder) and residential address of each director; if director is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
(4) Amounts of authorized share capital and issued capital, percentage of shareholdings if more than one shareholder.
(5) A brief description of the principal business activities of the Company.

Step 4: Kaizen check the availability of the proposed company name. If available and after payment confirmed, Kaizen proceed to registration; if not available, Kaizen will go back to you for more company names and perform the availability search again.

Step 5: Kaizen receive the Certificate of Incorporation from the Registrar of Companies.

Step 6: Kaizen attend to the followings:
(1 Printing Memorandum and Articles of Association
(2) Prepare minutes of First Board Meeting
(3) Prepare Application for Allotment of Share(s) for each shareholder
(4) Prepare Consent to Act as Director for each director
(5) Update Register of Members
(6) Update Register of Directors
(7) Prepare Share Certificate
(8) Carve Common Seal and rubber chop

Step 7: Kaizen arrange to deliver the above documents/materials (together known as Company Kit) to you.

Step 8: Upon receipt of the Company Kit, you sign the following documents: -
(1) Application for allotment of shares
(2) Minutes of First Board Meeting
(3) Consent to Act as Director
(4) Share Certificate
and then either fax or scan and email a copy of the duly signed documents as listed above to Kaizen. Registration procedures completed.

Step 1: Kaizen performs a name availability search in the Register of Companies  maintained by the Hong Kong Companies Registry and confirm with clients whether the proposed company name(s) is/are available for registration or not.

Clients are advised to provide at least two proposed names in priority of preference in case that the most preferred one is gone and it could be replaced by the second preference.

Step 2: After confirmation of the availability of the proposed name, Kaizen then prepares the following incorporation documents:

(1) Memorandum and Articles of Association (also known as bylaws, constitutions), appointment of first directors and
(2) Declaration of Compliance
(3) Notice of Appointment of First Secretary and Director (Form D1)
(4) Consent to Act as Director (Form D3)
(5) Notice of Situation of Registered Office
(6) Letter of appointment of first directors
(7) Minutes of First Directors?Meeting

Step 3: Kaizen then arranges to have the documents listed in Step 3 signed by the representative of the director and shareholder and the witness.

You could come to our offices to sign the incorporation documents. In the case that clients could not come to our offices, Kaizen could arrange to deliver the incorporation documents to you for your signing. The original duly signed incorporation documents must then be returned to Kaizen for filing.

Step 4: After the incorporation documents are duly signed, Kaizen then files the following documents with Companies Registry together with the appropriate fees for the application of Certificate of Incorporation:-
(1) Memorandum and Articles of Association of the intended company.
(2) Declaration of Compliance.

Step 5: After 5 working days, Kaizen collects the Certificate of Incorporation from the Companies Registry.

Step 6: Then, Kaizen complete some of the forms as listed in Step 2 (some of the information required for completion are only made available after the Certificate of Incorporation is available) and file them with the Companies Registry:-
(1) Notification of Appointment of First Directors and Secretary
(2) Notice of Consent to Act as Director
(3) Notification of Situation of Registered Address
(4) Any other documents if appropriate

Step 7: Kaizen now proceeds to place an order for manufacturing of company seal and chop and printing of Memorandum and Articles of Association (the whole set of documents together is known as company kit).

Step 8: Finally, Kaizen submits the form for application for Business Registration Certificate to Inland Revenue Department to apply for the Business Registration Certificate with payment of appropriate fee. The Business Registration Certificate is normally issued in one hour after submission of application form and payment of appropriate fee.

Step 9: Kaizen arranges to deliver to you the Company Kit. The whole registration process is then completed. All the documents evidencing the legal existence of the Company is contained in the Company Kit and those items are what we returned to you after the Company is duly registered.

In particular, the Company Kit includes the following items:

Stage 3: Setting up of Bank Account

4. Time Frame to Incorporate

5. Materials required for incorporation of Belize Offshore and Hong Kong company and Setting up of Bank Account

Client needs to provide the following documents and information to Kaizen by email or fax or post for purpose of incorporation:

6. Time of Billing

Upon receipt of your order, we will issue an invoice to you for your settlement. We require full payment in advance.

7. Payment Method

We currently only accept Hong Kong Dollar check, cash or TT and credit card through Paypal.  Please click here for payment methods.

For further information or assistance, please call us:

Hong Kong Office: +852 2341 1444
Singapore Office: +65 6295 2884
Shenzhen Office: +86 755 8268 4480
Shanghai Office: +86 21 6439 4114
Beijing Office: +86 10 6874 8420

or send email to enquiries@bycpa.com.