The basic annual costs to maintain a Hong Kong company in good standing are estimated to be around USD1,410. In particulars, the annual maintenance costs consist of the following items:

Items with fixed fees:
1. Annual retainer for acting as company secretary: USD275 (note 1)
2. Registered Office fee: USD175 (note 2)
3. Payment of business registration fee: USD335 (subject to change by the Government)
4. Annual Return statutory filing fee: USD14 (subject to change by the Government)

Items with variable fees:
5. Book-keeping fee: NIL if not operating; fees to be determined according to the nature of business and number of transactions.
6. Statutory audit fee: USD500 if operation is minimal; exact fee will be determined according to a number of factors, such as the nature of business and amount of turnover etc.
7. Filing of Profits Tax Return: USD75 (More on Reporting Requirements)
8. Filing of Employer's Return: USD30 (More on Employer's Return)

Note:

1. The annual retainer for provision of Company Secretary covers the following services:
(1) Provision of one Corporate Company Secretary (Kaizen Secretaries Limited acts as Company Secretary);
(2) Preparation and filing of Annual Return;
(3) Filing of notice of change of registered office and business address; preparation of minutes;
(4) Filing of notice of change of directors and secretary.

2. The annual cost for provision of Registered Office covers the following services:
(1) Provision of one street address as Registered Office of your Hong Kong company;
(2) Forward government mails to any location specified by clients. Please note handling fee of USD3 plus actual postage will be charged for each batch of mails forwarded.
(3) Please note the Registered Office is not to be used for business purpose unless otherwise agreed by Kaizen.

Other Services

Change of Company Name

Our fees for change of company name (either only change of Chinese name, English name or both) are USD325. The fees cover the following services:
(1) Performing a name availability check
(2) Preparation of shareholders minutes
(3) Filing of name change documents with Companies Registry and payment of appropriate official filing fee
(4) Collection Certificate of Change of Name from the Companies Registry
(5) Ordering a new set of chop and seal with the new company name
(6) Delivery of new Certificate and chop and seal

Please note delivery charge is not included in the fees stated above.

Share Transfer

Our fees for handling a Share Transfer are USD260. The fees cover the following services:
(1) Review Articles of Memorandum and Association and Register of Members
(2) Prepare of Minutes of Directors' Meeting and Share Transfer Instrument and Bought and Sold Note
(3) Arrange to have the Transfer Instrument and Bought and Sold Note executed and stamped by the Stamp Duty Office and payment of Stamp Duty
(4) Issue new share certificate
(5) Update Register of Members
(6) Delivery of new share certificate and stamped instrument of transfer and bought and sold note.

Please note delivery charge and stamp duty are not included in the fees stated above.

Allotment of Shares

Our fees for handling an allotment of Shares are USD200. The fees cover the following services:
(1) Review Articles of Memorandum and Association and Register of Members
(2) Prepare of Minutes of Directors' Meeting and share allotment documents
(3) File share allotment documents with Companies Registry
(4) Issue new share certificate
(5) Update Register of Members
(6) Delivery of new share certificate

Please note delivery charge is not included in the fees stated above.

Increase of Authorised Share Capital

Our fees for handling an increase of authorised capital are USD160. The fees cover the following services:
(1) Review Articles of Memorandum and Association and Register of Members
(2) Prepare of Minutes of Shareholders' Meeting and other necessary documents
(3) File documents for the increase with Companies Registry and payment of capital duty
(4) Delivery of documents for the increase of capital to client

Please note that capital duty and delivery charge, if any, is not included in the fees stated above.

Table of Fees for Secretarial Services

Note:
(1) Legalisation of incorporation documents is required for the establishment of Representative Office in China;
(2) Notarisation of incorporation documents may be required for the purpose of opening bank accounts in other countries;
(3) Certification of incorporation documents is required for opening bank account in Hong Kong.
(4) We require a deposit of USD500 for provision of nominee director services.

Related Topics:

Related Topics:

Detailed registration procedures of Hong Kong company (tailor-made company)
Detailed registration procedures of Hong Kong company (readymade company)
Hong Kong Company Maintenance Guideline Note
Detailed registration Procedures and Costs of a Overseas Company