Templegate Limited
Integrity & Credibility
(Trust  or Company Service Provider - Licence no. TC002809)
 
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Requirement to setup Hong Kong Company


Limited Hong Kong Company

Limited Partnership Company

General Partnership Company

Sole Proprietorship Company


  Limited Liabilities Company (LLC)
Limited liabilities company
Separate legal entity
 
One person can form a company
 
Shareholder can appoint himself as director

Limited liability for members

Required to follow strict regulations 

Easy to obtain credit / loan

A limited company has separate legal status from its members andmust have less than 50 members. The liabilities of its members arelimited by subscription to shares. The members are also known asshareholders. 
It will continue to exist even if all the shareholderdies. 

  You provide
  We provide you
  • At least one director (over 18 years). Any undischarged bankrupt may not be a director.
  • At least one shareholder (not more than 50 shareholders).
  • Company secretarial services
  • Company incorporation documents, 
  • Prepare all the necessary statutory documents and submit to the authorities.
 

Limited Liability Partnership Company (LLP)

Limited liabilities Partnership
  No Separate legal entity

  General partner (s) has personal liability
 
  Option to limit liability for partners
 
Limited liability partner can transfer his shares 

  Formalities required

 Limited Partnership Company has no separate legal statue and musthave one general partner with no limited liability and one partner withlimited liability registered with the Registrar of Companies. LLP canhave any number of partners.
 
  You provide  We provide you

  • At least one general partner
  • At least one limited liability partner

  • Company chops
  • Prepare all the necessary statutory documents and submit to the authorities
 

 General Partnership Company

General Partnership
  No Separate legal entity.

  At least two persons are needed.

all the partners has personal liability.

  No formalities required

  Difficult to obtain credit / loan

General Partnership company has no separate legal status.Partnership between one or more persons (no cap) with personal liability of allthe partners.
 
 You provide
 We provide you

  • At least two individuals 

  • Company chops
  • Prepare all the necessary statutory documents and submit to the authorities.

 
Note: If any of the partner died or quit, it will end the Partnership company.
 

Sole Proprietorship company

Sole Proprietorship
  No Separate legal entity.

  Only one person is needed.

  Owner is personally liable for the debt

  Difficult to obtain credit / loan

Sole Proprietorship company has no separate legal status. It is atrade name for living person to conduct his trade. If the owner of thiscompany dies then it will come to an end.
 
  You provide
  We provide you
Single living person
  • Company chops
  • Prepare all the necessary legal documents and submit to the authorities
 
We provide company incorporation, post-incorporate services, assist in setting up partnership company and sole proprietorshipcompany. If you have any further question, please don't hesitate tocontact us.
 

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