Hong Kong Special Administrative Region (SAR)

Operating a business

Setting up a company

Legal business entities

Different types of companies	Number of partners/shareholders	Maximum and/or minimum capital	Liabilities	Registration fees
Sole Proprietorship	1 person	No minimum capital.	The sole entrepreneur is liable for the company's debts on his personal assets.	HK$ 2,250 for the annual registration.
Company Limited by Guarantee	Minimum 2 partners.	No minimum capital.	Liability is limited to the amount of contributions forming the assets of the company.	HK$ 1,000 + HK$ 6 for every additional HK$ 1,000. (+ HK$ 1,150 for the annual registration).
Unlimited Company.	Minimum 2 partners.	No minimum capital.	Liability is unlimited and several.	HK$ 1,000 + HK$ 6 for every additional HK$ 1,000. (+ HK$ 1,150 for the annual registration).
Private Limited Company.	Minimum 2 partners. Maximum 50 partners.	In practice, minimum HK$ 10,000.	Liability is limited to the amount contributed.	HK$ 1,000 + HK$ 6 for every additional HK$ 1,000. (+ HK$ 1,150 for the annual registration).
Public Limited Company.	Minimum 7 partners.	No minimum capital.	Liability is limited to the amount contributed.	HK$ 1,000 + HK$ 6 for every additional HK$ 1,000. (+ HK$ 1,150 for the annual registration).
General Partnership	minimum 20 partners.	No minimum capital.	Liability is unlimited for the association's debts and obligations.	HK$ 2,250 for the annual registration.
Limited Partnership.	Mminimum 20 partners.	No minimum capital.	At least, a partner must have an unlimited liability. Liability of other partners is limited to the amount contributed.	HK$ 2,250 for the annual registration.