Can Multiple Companies Be Registered at One Address in Hong Kong? Yes, Here’s Why.

Setting up a company in Hong Kong involves ticking certain boxes, and one of the first is the “registered office address.” This is the official homing beacon for government communications – the spot where tax forms and other crucial notices from the authorities will land. It sounds important, perhaps even implying a need for exclusivity. […]

So You Want to Pay Your Employees in Crypto: A Hong Kong Employer’s Guide

“Can we pay our staff in crypto in Hong Kong?” If you’re asking this question, you’re either incredibly forward-thinking or you’re trying to solve a specific problem that traditional banking isn’t addressing. Either way, you’re not alone. As Hong Kong positions itself as a crypto hub, more companies are exploring digital asset compensation options. The […]

What Are Hong Kong’s New Stablecoin Rules? Key Takeaways from the Bill

Stablecoins. They arrived promising the best of both worlds: the stability of traditional money fused with the speed and borderless nature of digital assets. They aimed to be the reliable rails upon which the crypto economy could run – facilitating trade, settlement, and access. But reality, as it often does, proved complicated. Growth exploded, use […]

Can Shareholders Be Directors in Hong Kong? Yes, Here’s How It Works

People sometimes act like corporate roles are mysterious and complex, but the question “Can shareholders be directors?” has a refreshingly straightforward answer: Yes, they absolutely can. In fact, it happens all the time. The person who owns the company and the person who runs the company are often the same person, which makes intuitive sense. […]

NNC1 Sample: How to Fill Out Hong Kong’s Incorporation Form

The process of incorporating a company in Hong Kong comes down to a form called NNC1, which is basically a way of telling the Hong Kong government “hello, I would like to have a company now, please.” You fill in some blanks about your company’s name, address, directors, and shares, and if you do it […]

NAR1 Sample: How to Fill Out Your Annual Return in Hong Kong

There’s a peculiar ritual in Hong Kong business where once a year, company directors everywhere must participate in the ancient tradition of “telling the government who owns and runs your company.” Miss this ceremony, and the punishment is swift: escalating fines, potential prosecution, and the business equivalent of being marked with a scarlet letter of […]

Can a Company Secretary Be a Director in Hong Kong?

You’re probably wondering: “Can I just have my director handle secretary duties and save some money?” The answer is “yes, but” or “no, because” depending on your situation. For companies with multiple directors, Hong Kong law permits this dual role—a practical concession to operational efficiency. For sole-director companies, it’s strictly prohibited—a deliberate firewall to ensure […]

Hong Kong’s 60-Day Tax Rule: How Short Visits Can Save Your Business Money

If you’re a business owner or entrepreneur, understanding Hong Kong’s “60-day rule” is crucial. Not only can it help your business lower costs, but your employees will thank you too. It’s one of those rare, delightful parts of the tax code that rewards you for careful planning. I’ll show you how it works and how […]

Hong Kong’s Virtual Asset Service Provider (VASP) License: What You Need to Know

Hong Kong has decided that the wild west days of crypto are over. As of March 2023, if you want to operate a virtual asset business that serves the Hong Kong public, you need a license for that. Not just any license – a Virtual Asset Service Provider (VASP) license. Getting this license separates the […]