DO YOU NEED AN IMMEDIATE, READY-MADE HONG KONG COMPANY WITH A CORPORATE BANK ACCOUNT?
As an investor, one of the first things you need to get done is establish a company quickly so that you can use the company name to engage in commercial activities. The fastest and easiest way to do this would be to purchase a Shelf Company.
HONG KONG SHELF COMPANIES
Shelf Companies are companies that are already registered with the Companies Registry and have their own Certificate of Incorporation, however, they have remained dormant since formation and have no liabilities. In Hong Kong these ready-made companies are also known as shelf or aged companies. Each company usually has an authorised capital of HK$10,000 and are required to have a statutory minimum of one subscriber share of HK1.00.
BUYING A HONG KONG SHELF COMPANY
The process of acquiring a Shelf Company is very simple. Once you have determined which company is available to you and an agreement has been made, you will be required to buy all of the registered capital/shares of the shelf company and designate a new director to replace the original director. These details, along with your new shareholder and secretary are then updated with the Companies Registry.
The processing time for purchasing a Shelf Company is much faster than that of incorporating a brand new company, and you can be ready within 1-2 working days.