Indian entrepreneurs looking to expand internationally will find Hong Kong’s open corporate environment highly welcoming. The region’s transparent rules, 100% foreign ownership allowance, and digital-friendly process make it easy for non-residents to incorporate and operate a business. However, meeting certain eligibility conditions is essential to ensure a smooth registration process and compliance with local laws.
General Eligibility Criteria
Before you proceed, it's essential to understand the basic legal qualifications required for registration.
- Age & Legal Capacity: Directors and shareholders must be at least 18 years old and legally competent (e.g., not be an undischarged bankrupt).
- Nationality & Ownership: No nationality restrictions apply. Indian nationals can fully own and manage the company, with 100% foreign ownership allowed.
- Disqualifications Check: Appointees must have a clean record - no bankruptcy, fraud, or recent criminal convictions - as disqualification is enforced under the Companies Ordinance.
Role-Specific Requirements
To proceed with Hong Kong limited company registration, Indian applicants must appoint specific personnel to meet compliance norms.
1. Directors
To register a Hong Kong limited company, at least one director is required. There is no residency requirement. The director can be an Indian national or from any other country. A director and shareholder can be the same person, which makes it easier for a solo entrepreneur.
Corporate entities can also act as directors, but at least one director must be a natural person (an individual). The director must be 18 years or older, mentally sound, and not disqualified due to insolvency or fraud convictions.
2. Shareholders
Shareholders may be from any country, just like directors, and 100% foreign ownership is acceptable. This means Indian citizens can own the company entirely.
Shareholders can be individuals or companies. A maximum of 50 shareholders is allowed for a private limited company. Nominee shareholders are also permitted for privacy.
3. Company Secretary
Every Hong Kong company must appoint a company secretary. This role is mandatory and cannot be left vacant.
The company secretary must be a Hong Kong resident. If it's a business, it needs to have a Hong Kong-registered office and be a licensed corporate service provider.
The secretary ensures compliance with statutory filings, maintains company records, and assists with annual returns to the Companies Registry.
Note that a sole director/shareholder cannot act as the company secretary.
Business-Specific Requirements
Indian entrepreneurs must fulfill specific business-related conditions for a smooth Hong Kong limited company registration.
1. Valid Business Purpose (legitimate and legal activities)
When filling out the incorporation form, businesspeople need to describe their principal business activities, such as “IT consulting”, “trading”, or “marketing services”. Your company must have a valid business purpose, and the nature of its operations should be legal and clearly defined.
Illegal or highly regulated businesses such as gambling, financial services, or crypto exchanges may need special licenses or approvals before anyone can begin operating.
2. Minimum Share Capital
A Hong Kong business is not legally required to have a minimum amount of shares.
- In practice, most companies register with HKD 1 as the standard capital.
- A 0.1% capital duty, up to HKD 30,000, is due on the authorized share capital.
- The share capital can be in Hong Kong dollars or another currency.
3. Registered Office Address in Hong Kong
All Hong Kong-based businesses are required to have a Hong Kong-based registered office. This is used for:
- Receiving government notices
- Maintaining statutory records
- Legal communication
It must be a physical location, not a PO Box. Most Indian businesses use the address of their company secretary or incorporation agency to fulfill this requirement.