Doing Business in Hong Kong 2026

You will need at least one director (aged 18 years and above) of any nationality, a Hong Kong-resident company secretary, a registered local address, and an approved company name. There is no minimum share capital, and registration typically takes 1–5 working days.

Profits tax is 8.25% on the first HKD 2 million and 16.5% above that. There is no VAT, no capital gains tax, and no tax on dividends or most overseas income.

Yes. Foreigners can own 100% of a Hong Kong company and act as the sole director and shareholder. The only local requirement is a Hong Kong-resident company secretary.

Hong Kong has its own legal system, currency, and tax framework, separate from Chinese Mainland. It follows English common law and has fewer restrictions on capital movement, making it more accessible for international businesses.

MPF is a compulsory retirement savings scheme. Employers must contribute 5% of an employee’s salary (up to HKD 1,500 per month), and employees contribute the same amount.

Yes. Hong Kong has double taxation agreements with over 50 countries, including the UK, Japan, France, and Canada, with more under negotiation.

You must have shareholder approval, no outstanding liabilities, and no ongoing legal matters. After obtaining a No Objection letter from the tax authority, you can apply for deregistration. The process usually takes around six months.