Common mistakes during Hong Kong company registration often stem from overlooking Companies Registry rules or rushing the process, leading to delays, rejections, or fines. These errors are especially prevalent for foreigners unfamiliar with local requirements like mandatory local addresses and secretaries.
Name Issues
Choosing a non-compliant name is frequent: it must end in “Limited,” avoid identical existing names, trademarks, or restricted words like “bank” without approval, and pass e-Search checks first. Submitting without pre-verification causes instant rejection and resubmission fees.
Documentation Errors
Incomplete forms like NNC1, missing director consents, ID copies, or Articles of Association delay approval; always include proof of address and secretary details accurately. Forgetting IRBR1 for business registration skips the dual certificate issuance.
Personnel Oversights
Appointing a non-resident as sole company secretary violates rules—must be a qualified HK individual or corporate provider; directors/shareholders have no residency bar but need proper consents. Sole directors cannot self-serve as secretary.
Address and Structure Problems
Using a PO Box or virtual address without physical access for records fails registry checks; select wisely. Picking wrong structure (e.g., not private limited by shares) ignores liability/tax benefits without planning share classes.
Post-Setup Neglect
Confusing company registration with trademarks leaves names unprotected via IPD. Skipping professional help risks non-compliance in fees (HK$1,720+), audits, or licenses.
Contact Us
Tannet Group Limited was founded in Hong Kong in 1999, now is in its sixth five-year development plan stage, and setting the upcoming two five-year plans. Over the past 28 years, the Group has experienced significant growth and development, serves a diverse client base of over 100,000 customers from more than 130 countries. Tannet has been always devoted to providing with business solutions for investors all across the world. Should you have further inquiry, pls feel free to contact Tannet at 852-2783 7818, email to gary.tannet@gmail.com, visit our website http://www.tannethk.com.