Fees and timelines in 2022

Fees

pay fee by instalmentsHong Kong LLC company registration costs in Year 1 amount to US$3,350 and annual company costs in Year 2 amount to US$1,450. Average business set up engagement fees approximate US$10,105 including i) company incorporation ii) multi-currency corporate bank account opening iii) company secretary and iv) government fees. Please refer to the draft quotations below for further information on the costs of setting up a business in Hong Kong.

Different Hong Kong entity types Registration cost Annual maintenance fees Sample of draft invoice
Tax resident LLC US$10,105 US$9,900 View invoice PDF
Legally tax exempt LLC US$10,105 US$11,020 View invoice PDF
Legally exempt LLC with EU IBAN Account US$10,105 US$11,020 View invoice PDF
Legally tax exempt LLC + merchant account US$15,055 US$10,000 View invoice PDF
Free zone company US$12,055 US$10,000 View invoice PDF
Branch of a foreign company US$10,105 US$8,450 View invoice PDF
Representative office US$10,605 US$1,600 View invoice PDF
Subsidiary LLC US$10,105 US$10,000 View invoice PDF
Holding company LLC US$10,105 US$10,000 View invoice PDF
PLC company US$10,105 US$9,900 View invoice PDF
LLC with employment visa US$18,055 US$10,000 View invoice PDF
Hong Kong company with China corporate bank account US$13,105 US$10,000 View invoice PDF
Foreign trust US$16,000 US$16,150 View invoice PDF
Onshore trust US$16,700 US$14,450 View invoice PDF
Bitcoin company US$13,105 US$10,000 View invoice PDF
Offshore company with bitcoin US$13,105 US$10,000 View invoice PDF
Money remittance company US$28,105 US$10,700 View invoice PDF
LLP US$10,105 US$10,000 View invoice PDF
Shelf company with international e-money bank account US$19,915 US$9,900 View invoice PDF

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Timelines

The average Hong Kong engagement time period is 8 weeks as outlined below:

Service Resident company Offshore company Offshore trust PLC Branch RO
Engagement Planning 1 week 1 week 2 weeks 2 weeks 1 week 1 week
Company incorporation period 1 week 1 week 4 weeks 3 weeks 2 weeks 2 weeks
Bank Account approval 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks
Internet Banking approval 1 week 1 week 1 week 1 week 1 week 1 week
Engagement completion 1 week 1 week 1 week 1 week 1 week 1 week
Total engagement period 8 weeks 8 weeks 12 weeks 11 weeks 9 weeks 9 weeks

Hong Kong business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Hong Kong, please contact our in-house country expert, Ms. Lee Wen Bin, directly:
Consultant at HC - Wen Bin
  • Ms. Lee Wen Bin
  • Client Engagements Department, Deputy Director
  • Contact me!
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