In a strategic move to boost Hong Kong\u2019s position as \u201ca global business and financial hub\u201d, the Hong Kong Government has introduced a new company re-domiciliation regime. Effective from May 23, 2025, this regime allows non-Hong Kong companies to re-domicile to Hong Kong while preserving their legal identities.<\/p>\n
What are the benefits and objectives?<\/strong><\/p>\n The new regime simplifies the process for foreign companies to relocate to Hong Kong.<\/p>\n Previously, companies had to wind up their original incorporation or undergo a court-sanctioned scheme of arrangement, which was often costly and long.<\/p>\n The new regime provides a streamlined pathway, ensuring business continuity and retaining the company\u2019s legal identity.<\/p>\n How does it work?<\/strong><\/p>\n This new regime allows non-Hong Kong companies to transfer their domicile to Hong Kong by registering under section 820C(1) of the Companies Ordinance.<\/p>\n Once re-domiciled, companies will be regarded as Hong Kong-incorporated entities and must comply with all relevant requirements under the Companies Ordinance.<\/p>\n The re-domiciliation does not create a new legal entity and does not affect the company\u2019s property, rights, obligations, or liabilities.<\/p>\n What are the eligibility criteria?<\/strong><\/p>\n To qualify for re-domiciliation, the company must be one of the following types or substantially the same as one of these types under the Hong Kong Companies Ordinance:<\/p>\n Additionally, companies must meet the following requirements:<\/p>\n How to apply?<\/strong><\/p>\n The application process for re-domiciliation involves submitting a specific re-domiciliation form, required documents, paying the application fees of HK$1,145 and an additional fee of HK$5,580 is payable upon successful application. The approval process typically takes two weeks after submitting all required documents.<\/p>\n While the process is designed to be straightforward, it does require careful preparation of several key documents and adherence to specific legal and financial criteria.<\/p>\n This is why companies considering re-domiciliation to Hong Kong should seek professional advice to understand the legal and tax implications and ensure a smooth process. Should you be interested in benefiting from this new regime, please contact us at contact@orbis-alliance.com<\/a><\/u>.<\/p>\n","protected":false},"excerpt":{"rendered":" In a strategic move to boost Hong Kong\u2019s position as \u201ca global business and financial hub\u201d, the Hong Kong Government has introduced a new company re-domiciliation regime. Effective from May 23, 2025, this regime allows non-Hong Kong companies to re-domicile to Hong Kong while preserving their legal identities. What are the benefits and objectives? The […]<\/p>\n","protected":false},"author":9,"featured_media":3829,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[],"class_list":["post-3824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hong-kong"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n
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