Do I need a local director or shareholder for company formation in Hong Kong?

Company formation in Hong Kong allows 100% foreign ownership, so you don’t need a local director or shareholder. You only need at least one director and one shareholder, and they can be the same person.

For entrepreneurs concerned about privacy, legal options such as nominee directors or shareholders can help protect personal information. This is particularly useful for international founders who prefer not to have their details publicly disclosed.

It’s also important to understand directors’ roles and responsibilities. Even as the sole director, you are responsible for maintaining proper records, submitting annual returns, and ensuring the company complies with local laws. Many first-time founders underestimate these obligations, but once understood, managing the company becomes straightforward.

You also don’t need to be physically present in Hong Kong to act as a director or shareholder. This flexibility makes company registration appealing to overseas entrepreneurs, freelancers, and online business owners.

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