Best New Business Formation Lawyers in Central

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Oldham, Li & Nie
Central, Hong Kong

Founded in 1987
100 people in their team
Chinese
English
French
Japanese
Spanish
Oldham, Li & Nie (OLN) is a highly regarded full-service law firm, whose commitment to professional excellence has been the cornerstone of the firm since its creation in 1987. The firm possesses many years of experience practising in Hong Kong and has a diverse set of global employees,...
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Sullivan & Cromwell
Central, Hong Kong

Founded in 1992
5,000 people in their team
Chinese
English
Established in 1992, Sullivan & Cromwell’s Hong Kong office serves as a strategic point for significant transactions that involve Greater China and Asia Pacific companies or assets. The Firm also advises clients on significant cross-border transactions in the rest of Asia and elsewhere in the...
Lim & Lok
Central, Hong Kong

Founded in 2000
50 people in their team
Chinese
English
Lin Luo Law Firm has always been committed to providing high-quality and efficient legal advice and services to all walks of life, and treats every client with a professional, timely and responsible attitude.The head office in Hong Kong has been established for 10 years, and its lawyers and teams...
Axiom Law (Hong Kong)
Central, Hong Kong

Founded in 2000
5,000 people in their team
Chinese
English
A new era of alternative legal services providersAxiom is the global leader in high-caliber, diverse legal talent. With over 5,800 lawyers spanning North America, the UK, Europe, and APAC, we enable corporate legal departments to drive efficiency and growth and to adapt to a demanding new era.Asia...
Ashurst
Central, Hong Kong

Founded in 2005
50 people in their team
Chinese
English
Ashurst Dubai OfficeFounded in 2005, our Dubai office acts as our regional hub in the Middle East with specialist knowledge of booming markets in all of the GCC states and many other key MENA states including Jordan and Egypt. With a history of over 100 years working in the Middle East, our Dubai...
Ogier
Central, Hong Kong

Founded in 2000
1,000 people in their team
Chinese
English
About usWhat we doOgier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo.Legal services for the corporate and financial sectors form the core of our business,...

Founded in 2000
50 people in their team
Chinese
English
WELCOME TOCHOW & CHEUNGSOLICITORS & NOTARIESThe firm is founded by Mr. Stephen Chow and Ms. Natalia Cheung. Both of them are Notary Public appointed by the Hong Kong High Court, and Stephen is also a China Appointed Attesting Officer appointed by the Ministry of Justice of the People's...
Kwan & Chow, Solicitors
Central, Hong Kong

Founded in 1984
50 people in their team
Chinese
English
About UsKwan & Chow, Solicitors is an established Hong Kong law firm conveniently located in the Central District. Our solicitors are experienced in their respective areas and are always ready to assist you on your needs. A list of solicitors in Kwan & Chow, Solicitors can be found under...
LCP

LCP

Central, Hong Kong

Founded in 1991
50 people in their team
Chinese
English
Our FirmLCP is a professional and dynamic full-service legal practice based in Hong Kong. Located in Central, the heart of Hong Kong’s commercial district, we have been established for almost 30 years. The firm was founded in 1991 and named after the founding partners Leung, Chan and Pang. Whilst...
LT Lawyers
Central, Hong Kong

Founded in 2015
10 people in their team
Chinese
English
Founded in 2015, LT Lawyers is an independent firm of solicitors who are committed to Hong Kong, seasoned with international experience, effective in English as well as Mandarin and Cantonese, and dedicated to providing specialised legal services across the contentious, non-contentious and...
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About New Business Formation Law in Central, Hong Kong

The business formation laws in Central, Hong Kong, allow domestic or foreign entities to establish their enterprises under relatively straightforward processes. The two most common business structures are sole proprietorships and private limited companies. The Companies Registry is the primary governing body overseeing new business registrations and compliance with the Companies Ordinance. Legal aid may be needed to ensure the efficient navigation of the application process, company bylaws drafting, and meeting ongoing regulatory requirements.

Why You May Need a Lawyer

Building a new business in Central, Hong Kong, requires compliance with specific legal frameworks. A qualified lawyer can help guide business owners through the registration process, ensuring all necessary documentation is correctly handled. This can include drafting the Articles of Association, assistance with business contracts, and providing advice on legal obligations and rights. A business lawyer also helps in avoiding potential legal problems, including infringements on intellectual property rights, and provides guidance on tax obligations, employment laws, and more.

Local Laws Overview

Business formation in Central, Hong Kong, primarily falls under the Companies Ordinance. All companies must register with the Companies Registry, securing a unique company name and providing all necessary documents, such as the Articles of Association. The Business Registration Ordinance specifies requirements for business registration certificates, while the Inland Revenue Ordinance covers tax obligations. Mandatory Provident Fund Schemes Ordinance details employee pension arrangements, and the Employment Ordinance governs labor laws, which new businesses must adhere to.

Frequently Asked Questions

1. How long does the business registration process take in Central, Hong Kong?

The registration process normally takes about 7-10 business days, provided all requested documents are fully completed and submitted correctly.

2. Is foreign ownership of businesses allowed in Central, Hong Kong?

Yes. Hong Kong laws permit 100% foreign ownership of businesses. There are no restrictions on the amount or type of business a foreigner can own.

3. Is it necessary to have a physical office space in Hong Kong to register a business?

No, it is not mandatory to have a physical office. However, businesses are required to provide a local Hong Kong address as a registered address.

4. Are annual reports mandatory for businesses in Hong Kong?

Yes. All Hong Kong companies are required to file an Annual Return Form - NAR1 with the Companies Registry yearly.

5. Do I need to be a Hong Kong resident to start a business?

No, Hong Kong allows non-resident individuals or companies to register and own a business in the city. However, every company is required to appoint a Company Secretary who is a Hong Kong resident.

Additional Resources

The Companies Registry website provides valuable information on the requirements and procedure for setting up a new business. The Inland Revenue Department site offers detailed resources on tax obligations of businesses in Hong Kong. The InvestHK agency also provides extensive assistance and resources for people looking to set up a new business in Hong Kong.

Next Steps

If you need legal help for new business formation, the first step is to find a reputable lawyer versed in Hong Kong business laws. Prepare a list of questions or issues you need assistance with to ensure your meeting is productive. Always keep copies of all documents related to your business for future reference and legal protection.

Lawzana helps you find the best lawyers and law firms in Central through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including New Business Formation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Central, Hong Kong - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.